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MARKET PULSE AM AUG 30, 2024 [WATCH]

Velesto Energy was among the top actives this morning, after a more than 3-fold jump in its financial year 2024 earnings.

Some 11.5 million shares changed hands in the first 20 minutes of trading, pushing the stock higher by 4 per cent.

The thirty-stock key index alternated between positive and negative territory in the first hour of trading after falling 1.3 per cent yesterday, in what was seen as a healthy correction.

The FBM KLCI will likely hover within the 1,650-1,660 range.

On the cryptocurrency market, Bitcoin continued its downtrend to RM256,768.

Ethereum was also lower at RM10,947, while Solana was down to RM609.

That's it for Market Pulse.

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