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Market Daily Report: Bursa Malaysia Gives Up Earlier Gains To End Mixed

KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia gave up earlier gains to end mixed today, amid a higher regional market showing, as property, construction, and healthcare counters attracted buying interests, while plantation, banking, and telecommunication stocks saw some profit-taking, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.70 points to close at 1,602.34 from yesterday’s close of 1,604.04. The benchmark index, which opened 0.86 of-a-point lower at 1,603.18, moved between 1,601.02 and 1,608.88 during the trading session. However, the broader market was mixed to higher, with gainers leading decliners by 565 to 438 while 502 counters remained unchanged, 961 untraded, and 14 suspended. Turnover narrowed to 2.83 billion units valued at RM2.08 billion versus 2.96 billion units valued at RM2.23 billion yesterday. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the benchmark index remained range-bound and it required a dec
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Thai PM Paetongtarn Shinawatra's Approval Rating Surges Amid Cash Handout Rollout

Thailand Prime Minister Paetongtarn Shinawatra has seen a significant boost in her approval rating following the launch of her government’s cash stimulus program. In the latest quarterly survey by the National Institute of Development Administration (NIDA), Paetongtarn’s approval rating jumped to 31.35%, a dramatic rise from 4.85% in the previous poll.

The survey, conducted from Sept. 16 to Sept. 23 with around 2,000 respondents from across the country, coincided with the government's first phase of a cash handout aimed at reviving Thailand’s sagging economy. The next stage of the stimulus program is expected to cover 26 million people.

Paetongtarn’s administration, which took office earlier this month, has also been active in providing assistance and leading restoration efforts in the flood-affected northern provinces. Additionally, the government plans to implement a minimum wage increase to 400 baht ($12.4) per day within the year.

Natthaphong Ruengpanyawut, leader of the People’s Party, came second in the survey with 22.9%. However, 23.5% of respondents expressed that they saw "no suitable candidate" for the country's top leadership role. Paetongtarn reaffirmed her commitment to addressing Thailand’s challenges and improving the lives of its citizens.

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