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.
Singapore equities opened firmer on Wednesday, supported by resilient global tech gains and improving investor sentiment , even as geopolitical tensions and oil price volatility continue to cloud the macro outlook. Market Holds Steady Amid Global Uncertainty The FTSE Straits Times Index (STI) rose 0.25% to 4,948 , with market breadth positive ( 400 gainers vs 212 decliners ), reflecting cautious optimism. This follows a steady session on Wall Street, where: Nasdaq gained 0.5% , supported by tech names S&P 500 rose 0.3% Dow Jones edged up 0.1% Despite ongoing tensions in the Middle East and risks to oil supply via the Strait of Hormuz , markets appear to be looking through near-term geopolitical noise . Singapore Backs Global Trade and Digital Economy Rules Singapore joined a 10-nation coalition under the Future of Investment and Trade (FIT) Partnership , aiming to strengthen WTO frameworks on investment and e-commerce . Key initiatives include: Ma...