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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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Trump Would Keep US in NATO, but Calls for Germany to Step Up Defense Spending



Republican vice-presidential candidate JD Vance stated that Donald Trump would keep the US in NATO if reelected, but emphasized that the alliance must not become “just a welfare client.”

In an interview on NBC's Meet the Press, Vance affirmed that Trump supports a strong NATO, but believes that European allies need to contribute more to the defense burden. "Donald Trump wants NATO to be strong. He wants us to remain in NATO,” Vance said, adding that the expectation is for NATO countries to carry their fair share.

During his presidency, Trump consistently pressed European NATO members, particularly Germany, to increase their defense spending. Vance reiterated that Germany, as Europe's largest economy, needs to contribute more to security and defense within the alliance. He singled out the UK and a few other nations as the primary contributors alongside the US, underscoring the need for Germany to do more.

When asked about Russian President Vladimir Putin, Vance stopped short of calling him an enemy, instead labeling him an adversary and a competitor, noting that Putin’s cooperation may be necessary to eventually resolve the war in Ukraine. Vance also identified China as the biggest threat to the US.

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