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
Gold traded close to a one-month low on Tuesday, with investors focused on upcoming US economic data and Federal Reserve comments to gauge future interest rate decisions. Spot gold held steady at $2,622.89 per ounce after hitting its lowest since October 10. US gold futures rose slightly by 0.4% to $2,629.10. The US dollar remains near a four-month high , making gold less appealing for holders of other currencies. Key data releases, including the US Consumer Price Index on Wednesday and Producer Price Index on Thursday , could shape the outlook on inflation and influence Fed policy. Gold prices have faced pressure since Trump’s presidential victory , with potential policy shifts hinting at higher inflation and extended high interest rates. Although the Fed recently cut rates by 25 basis points, another cut may follow in December , with a 66% likelihood according to market estimates. Gold, traditionally a hedge against inflation, often loses its appeal when interest rates rise , as h