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MARKET PULSE AM SEPT 10, 2024 [WATCH]

KUALA LUMPUR: News on the latest moves on the stock and crypto markets.

YTL Power was among the top gainers during early trade, as bargain hunters swooped in following a bout of selling with MACC's probe of the 1Bestarinet project.

The FBM KLCI opened stronger, reflecting Wall Street's gains, as bargain hunting emerged after recent market weakness.

Traders are anticipating a Federal Reserve rate cut in the coming week.

The index will likely fluctuate within the 1,650 to 1,660 range.

In the cryptocurrency market, Bitcoin was on its way down again after a slight increase, trading at RM248,629.

Meanwhile, Ethereum continued its decline to RM10,270, and Solana dropped to RM586.

That's it for Market Pulse.

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