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.
Strong Q4 Performance Boosts AMC Stock AMC Entertainment (AMC.US) shares rose 1.4% in extended trading after reporting better-than-expected Q4 revenue of $1.306 billion , up from $1.104 billion YOY, beating analyst expectations of $1.291 billion . Fourth-quarter admissions revenue reached $721.4 million , surpassing the expected $719 million. Food & beverage sales climbed to $446.2 million , exceeding projections of $437 million . Earnings and Outlook AMC’s Q4 net loss narrowed to $135.6 million (35 cents per share) from $182 million (83 cents per share) YOY . Adjusted loss per share was 18 cents , in line with analyst expectations. 62 million moviegoers visited AMC theaters , marking a post-pandemic record and a 20% YOY increase . CEO Adam Aron expects 2025 to be a strong year , driven by major releases like "Wicked Part 2," "Zootopia 2," and the next "Avatar" film . CEO Claps Back at Critics Aron address...