KUALA LUMPUR: News on stock, crypto and ringgit moves.
The ringgit reached a year-to-date high of 4.5900 against the dollar ahead of the US interest rate decision.
A September rate-cut signal is likely to support further strengthening of the local note against the dollar.
Experts believe it can hit 4.500 by the fourth quarter of 2024.
Glovemakers Top Glove and Hartalega continued their three-day losing streak as analysts saw continued challenges for the industry.
The FBM KLCI managed to stay above water and close higher on gains in banking stocks.
Bitcoin continued trending downward to RM304,932.
Analysts cautioned against increased volatility in the crypto markets this week.
That's it for Market Pulse.