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MARKET PULSE PM JULY 24, 2024 [WATCH]

KUALA LUMPUR: News on stock, crypto and ringgit moves.

The key index fell 8 points to 1,621 points as investors took profits amid a global sell-off.

On the broader market, losers led gainers 773 to 341. 

It will likely hover within the 1,610 to 1,640 range. 

Bitcoin was higher at RM311,111 as market watchers project a rally ahead with mining costs exceeding revenue. 

Ringgit was fairly stable against the dollar at 4.6710 following lower-than-expected inflation of two per cent. 

A pick-up in inflation is likely to support a strengthening of the ringgit. 

That's for Market Pulse.

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