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MARKET PULSE AM AUG 5, 2024 [WATCH]

Bursa Malaysia opened below 1,600 mark taking cue from Wall Street's continued sell down amid recessionary fears.

The 30-stock key index opened at 1,593.

It is expected to hover within the 1,605 and one 1,615 range today as sentiment turned cautious.

Velesto Energy was the actively traded stock in early trade as it lost one cent to twenty cent.

In the crypto market, Bitcoin was down to RM255,175 due to a broad selloff.

Ethereum also trended downwards to RM11,519 and Solana traded lower at RM597.

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