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.
Hey guys, welcome to Underdog Investor ! Today, we’re diving into the Global Markets Week Ahead , where big news on jobs, manufacturing, and company updates will keep investors on their toes. Whether you’re curious about how the US economy is holding up, China’s latest recovery efforts, or what’s shaking in ASEAN markets, we’ve got you covered. Let’s break it down! Key Takeaways: US Jobs Report : A key factor in shaping the Fed’s next move on interest rates. China’s PMI Data : A crucial read on how China’s economy is responding to stimulus efforts. ASEAN Updates : Manufacturing, inflation, and retail data will offer insights into the region’s resilience. Now, let’s take a closer look at what’s coming this week. United States: Jobs and the Fed in Focus The November jobs report drops this Friday, and it’s a big one. Economists expect 183,000 new jobs to be added—slightly better than October’s numbers. Why does this matter? Because the Fed watches job growth like a hawk w...