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.
Key Highlights Markets Mixed: Global indices show varied movements; Bitcoin reached record highs of $99,121 before retreating. Economic Focus: Malaysia is aligning its real economy and capital markets to drive inclusive growth, with 5.2% GDP growth over the first three quarters. Top News Sunway Construction Group (SUNCON) Profit Surge: 3Q net profit rose 32.71% to RM46.47 million , fueled by the accelerated progress of data center projects. Revenue Growth: Up 28.48% to RM865.33 million , compared to RM673.51 million in the same period last year. Dividend: Declared a 2.5 sen per share interim dividend , payable on Dec 26. Other Stocks to Watch Petron Malaysia Refining & Marketing (PETRONM) Profit Plunge: Net profit dropped 94.3% to RM4.63 million due to lower fuel demand after the diesel subsidy introduction. Revenue declined 21.4% to RM3.81 billion. Dayang Enterprise (DAYANG) Record Profit: 3Q net profit soared 76.67% to RM134.94 million, driven by higher vessel u...