KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia closed higher, buoyed by Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent, alongside positive cues from Wall Street. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 19.30 points, or 1.19 per cent, to 1,635.86 from Wednesday’s close of 1,616.56. The benchmark index opened 6.72 points higher at 1,623.28, and fluctuated between an intraday high of 1,642.44 and a low of 1,622.62 during the trading session. However, market breadth was negative, with losers outnumbering gainers 723 to 497, while 466 counters were unchanged, 1,075 untraded and 10 suspended. Turnover rose to 3.74 billion units valued at RM3.61 billion compared with yesterday’s 2.81 billion units valued at RM2.57 billion.
Malaysia's inflation rate decreased to 1.8% in November 2024 , marking the first decline since August 2021. The Consumer Price Index (CPI) stood at 133.3 , compared to 130.9 in November 2023, according to the Department of Statistics Malaysia (DOSM) . Key Highlights Inflation by Categories Health : Increased by 1.2% . Transport : Slowed to 0.4% . Food & Beverages : Rose 2.6% (October: 2.3% ). Housing, Water, Electricity, Gas & Other Fuels : Grew 3.2% (October: 3.1% ). Information & Communication : Declined to -3.9% (October: -1.7% ), primarily due to a -4.4% drop in the subgroup of Information & Communication Services. Clothing & Footwear : Remained in negative territory at -0.3% . Other sectors like Personal Care & Miscellaneous Goods ( 3.4% ) and Restaurant & Accommodation Services ( 2.8% ) maintained their pr...