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Market Pulse PM 16/7/2024 [WATCH]

KUALA LUMPUR: News on the latest moves on the stock and crypto markets.

Bursa Malaysia's stock was among the top gainers today, reaching a near four-year high on investors' optimism, closing at RM9.93.

This is despite the 30-stock key index failing to hold above the psychological 1,630 level and closing at 1,625.

The cryptocurrency rally seems to have lost some momentum with Bitcoin falling to RM294,098.

The ringgit was lower against the greenback at 4.6750 as investors digested the US Federal Reserve's comments and rising odds of Donald Trump becoming the US president again.

That is today's Market Pulse. For more business updates, visit the New Straits Times.

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