KUALA LUMPUR: News on stock, crypto and ringgit moves
The key thirty-stock index breached the one thousand six hundred mark on Monday, reaching a high of one thousand six hundred and nine points within thirty minutes of trade.
Positive news flow from Infineon and its additional thirty billion ringgit investments in Kulim and better-than-expected second-quarter gross domestic product numbers are likely to support buying in the market.
The FBM KLCI will likely hover around one thousand five hundred and ninety-five to one thousand six hundred and ten range.
In the cryptocurrency market, Bitcoin, Ethereum and Solana were all on a downtrend, with Bitcoin trading at two hundred sixty-one thousand sixty-eight ringgit, and Ethereum down to eleven thousand three hundred fifty-seven ringgit.
Meanwhile, Solana was down to six hundred and thirty-eight ringgit.
That's it for Market Pulse.