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MARKET PULSE AM AUG 1, 2024 [WATCH]

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

Velesto Energy was among the actively traded stocks in the morning trade adding half a sen to 22 sen.

This is after news that Petronas will accelerate development of 12 fields offshore with multiple PSCs.

The 30-stock key index opened higher taking cue from Wall Street's robust performance.

FBM KLCI is expected to hover within the 1,625 and 1,640 range today.   

In the crypto market, Bitcoin tumbled to RM296,777 as the Middle East tensions flared.

Ethereum was down to RM14,819 and Solana dropped to RM789.

That's it for Market Pulse.

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