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MARKET PULSE PM AUG 6, 2024 [WATCH]

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

Bargain hunters pushed the 30-stock key index up more than 2 per cent in line with regional markets, the day after a global market rout.

Asian markets were the first to react to US Federal Reserve officials' assurances that the US is not bound for a recession.

The FBM KLCI will likely stay within the 1,550 and 1,600 range.

The ringgit was trading slightly lower against the greenback at 4.4670.

Bitcoin, which tested lows of RM236,042 yesterday, was trending higher at around RM247,471.

That's it for Market Pulse.

 

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