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.
Budget 2025 will integrate feedback and recommendations from various industries and citizens across the country, gathered through extensive engagement sessions, according to Treasury Secretary General Datuk Johan Mahmood Merican . Johan mentioned that his team is in the final stages of preparing Prime Minister Datuk Seri Anwar Ibrahim's budget speech , which is set to be delivered on Oct 18 . “The prime minister will present Budget 2025 this Friday, following consultations with stakeholders. We are now finalizing the speech,” he said, speaking after the Financial Run 2024 , an event organized in conjunction with National Sports Day. The Budget 2025, themed " Madani Economy, Prosperous Nation, Well-being of the People ," aims to introduce structural economic reforms to ensure that Malaysia's economic growth is shared equitably. It will be the last budget under the 12th Malaysia Plan (2021-2025) before the transition to the 13th Malaysia Plan. Prime Minister Anwar ...