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MARKET PULSE PM AUG 19, 2024 [WATCH]

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

Bursa Malaysia ended the session sharply higher, driven by strong buying in banking stocks. At the same time, the strength in the ringgit against the U.S. dollar boosted investors' sentiment.

The FBM KLCI is anticipated to trade within the range of 1,630-1.660 for the week.

The ringgit closed higher against the greenback today at 4.3780.

In the crypto market, Bitcoin fell to RM257,689, with Ethereum following a similar trend, dropping to RM11,505.

Solana is also declining, reaching RM657.

That's it for Market Pulse.

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