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.
As markets brace for Trump’s April 2 tariff announcement , investors are navigating elevated volatility, weakening sentiment , and fears of a broader trade war . With the S&P 500 down 5% in Q1—the worst start to a year since 2020—and Tesla and Nvidia sliding 36% and 20% respectively, the stakes are high. Experts expect more downside risk leading into earnings season, and option strategies offer timely protection for investors caught in the crosswinds of tariff uncertainty. 3 Key Option Strategies to Hedge Tariff-Induced Volatility 1. Covered Call: Generate Income on Weak Recoveries Ideal if: ✅ You own the stock ✅ You expect it to stay flat or recover slowly How it works: Sell a call option on your existing stock (e.g., far out-of-the-money). Earn premium income while waiting for the rebound. Example: If you hold Tesla (TSLA), sell a call at a strike price well above current levels. You keep the premium even if the sto...