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MARKET PULSE PM AUG 12, 2024 [WATCH]

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

Bursa Malaysia stayed above 1,600 mark at closing bell lifted by the improving global market sentiment.

The key index closed 0.66 per cent higher at 1,606 points mainly due to buying interests in Maxis, CelcomDigi and Mr DIY.

The 30-stock index is expected to trend within 1,590 and 1,620 this week.

The ringgit was lower against the greenback today at 4.450

In the crypto market, Bitcoin dropped to RM262, 830 after institutional investors halted accumulation of stablecoins.

Ethereum was down to RM11,567 and Solana traded at RM653.

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