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MARKET PULSE PM JULY 22, 2024 [WATCH]

KUALA LUMPUR: News on stock, crypto and ringgit moves

The 30-stock index wiped out last week's gains with the unwinding of 'Trump trade" plays with Biden's exit.

The FBM KLCI came off its 1 per cent drop at midday to close zero point eight eight per cent lower at one thousand six hundred twenty-two point zero seven points.

The global IT outage and US elections will likely keep the FBM KLCI within one thousand six hundred ten to one thousand six hundred thirty range. 

Meanwhile, Crypto's rally slowed as bets on Trump wavered, with Bitcoin trading at three hundred thirteen thousand three hundred ninety-seven ringgit. 

The ringgit was higher against the greenback at four point six seven eight zero, following strong GDP estimates for the second quarter. 

That's it for Market Pulse.

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