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MARKET PULSE PM SEPT 12, 2024 [WATCH]

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

Bursa Malaysia closed the day lower as profit-taking activities emerged in selected banking heavyweights.

Investors are likely to remain cautious ahead of the upcoming Producer Price Index data and the Federal Open Market Committee meeting next week.

Bursa Malaysia's bellwether FBM KLCI is expected to fluctuate between 1,613 and 1,628 throughout the rest of the week.

Meanwhile, the ringgit declined against the US dollar, standing at 4.3330.

In the cryptocurrency market, Bitcoin is trending higher at RM253,196.

Ethereum is following the same trend, rising to RM10,263, while Solana is trending higher at RM586.

That's it for Market Pulse.

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