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
China’s export growth slowed significantly in September, rising just 2.4% year-on-year , well below economists' expectations of a 6% increase . Imports also saw a modest increase of 0.3% , compared to a forecast of 0.8% , resulting in a trade surplus of $81.71 billion for the month, according to the customs administration . Exports have been a rare source of strong growth for China’s economy in 2024, but this slowdown highlights challenges for a nation that has been grappling with weaker domestic demand and global trade barriers . While export values remain historically high, imports lagging behind reflect China’s internal economic struggles, including a property sector slump and domestic deflation since the second quarter of 2023, which has kept export prices low. China’s reliance on manufacturing and exports to drive growth is facing headwinds as trade barriers rise globally. Recently, the European Union imposed tariffs of up to 45% on Chinese electric vehicles , accusi