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.
Here’s a summary of key updates in Malaysia’s financial markets today: Top Highlights Maybank (1155.MY) : Reported a 7.6% increase in 3Q2024 net profit to RM2.54 billion , driven by higher non-interest income despite a decline in net interest income . The bank aims for a 11% ROE for FY2024. Sunway (5211.MY) : Net profit doubled to RM376.08 million in 3Q2024, with a 31.8% increase in revenue to RM2.03 billion . IOI Corp (1961.MY) : 1Q2025 net profit surged 133.8% to RM710.7 million , boosted by forex gains and biological asset adjustments . KLK (2445.MY) : 4Q2024 net profit dropped 94.18% to RM6.77 million , impacted by inventory write-downs and investment losses in Synthomer Plc. Airports (5014.MY) : 3Q2024 net profit more than doubled to RM210.37 million , driven by increased passenger...