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MARKET PULSE PM SEPT 20, 2024 [WATCH]

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

The 30-stock key index closed higher, mirroring gains from Wall Street as investors celebrated the US Fed's substantial interest rate cut.

Property stocks were the best-performing today after the property index rose 1.68 per cent, led by Sime Darby Property as it closed 3.36 per cent or 5 sen higher to RM1.54.

FBM KLCI is expected to hover between 1,660 and 1,680 range next week. 

The ringgit lost some of its earlier gains to trade at 4.19 against the US dollar.

In the crypto market, Bitcoin rose to RM265,688.

That's it for Market Pulse.

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