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.
Market Overview U.S. stocks extended their rally for a third consecutive session on Tuesday, with all three major indexes — S&P 500, Dow Jones, and Nasdaq Composite — setting fresh record closing highs . The bullish momentum was driven by optimism over a potential U.S.–China trade agreement , expectations of a Federal Reserve rate cut , and robust gains in mega-cap tech names. Index Close % Chg Note S&P 500 6,890.89 +0.23% New record close Dow Jones IA 47,706.37 +0.34% Third straight record Nasdaq Composite 23,827.49 +0.80% All-time high All three benchmarks also notched intraday records , underscoring the strength of current market sentiment. Macro Highlights U.S.–China Trade Hopes: Investors remain optimistic ahead of Thursday’s Trump–Xi meeting at the South Korea summit. Reports suggest potential easing of rare-earth and software trade curbs , and a U.S. proposal to halve tariffs from 20% to 10% if China ...