KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
A recent study indicates that the gender pay gap in high-income countries such as the US, UK, Italy, and Canada is unlikely to disappear anytime soon. Despite previous trends suggesting a narrowing of the income disparity between men and women, new findings from the Centre for Economic Policy Research reveal that progress has stagnated since the early 2000s. Key Findings Historical Trends : From the mid-1970s to the early 2000s, the gender pay gap narrowed significantly due to reduced earnings differentials between male and female labor market entrants. However, this convergence halted at the start of the 2000s. Stagnation of Progress : The recent narrowing of the pay gap has been driven primarily by the retirement of older cohorts with larger pay gaps, rather than improved earnings for younger women. The study highlights that the convergence of male and female entry outcomes persisted until the mid-1990s, primarily due to poorer outcomes for younger men rather than better prospects fo...