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 Takeaways Asian stocks opened cautiously amid US–Europe tariff tensions Gold and silver hit record highs as investors seek safety EU considering retaliation on €93bn of US goods S&P 500 futures fell despite US market holiday Japanese bond yields surged after early election call Geopolitical risks in Europe and Asia are rising Asian equities faced a wary start as investors reacted to escalating trade tensions between the US and Europe , reignited by tariff threats from Donald Trump linked to Greenland. Futures pointed to a mixed open across the region, with Australia and Japan edging lower , while Hong Kong futures advanced . Risk sentiment weakened further after Europe’s STOXX 50 suffered its steepest drop in two months , driving investors into safe-haven assets . Gold and silver surged to fresh record highs , while the US dollar slipped , with the Swiss franc outperforming . Although US markets ...