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MARKET PULSE AM SEPT 20, 2024 [WATCH]

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

The ringgit retreated against the US dollar to 4.21 on lower oil prices analysts said, after hitting a 28-month high yesterday.

The 30-stock key index gained ground after Wall Street closed at record highs.

The FBM KLCI will likely hover between 1,665 and 1,680 range.

In the broader market, active stocks in early trade were Cape EMS, JCY International and Genetec Technology.

In the crypto market, Bitcoin traded lower at RM265,000 as the Fed's big rate cut signals possible volatility across all markets.

Ethereum dropped to RM10,310, while Solana was lower at RM598.

That's it for Market Pulse.

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