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MARKET PULSE PM OCT 03, 2024 [WATCH]

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

Bursa Malaysia closed higher today, rebounding from yesterday's losses due to late buying in heavyweight stocks.

The market, initially pressured by geopolitical tensions in the Middle East, saw a recovery as investors capitalised on lower prices.

The index is expected to range between 1,430 and 1,445 for the rest of the week.

Meanwhile, the ringgit weakened against the US dollar today, settling at 4.2130.

In the cryptocurrency market, Bitcoin fell to RM255,321 as the market weighs the impact of geopolitical turmoil. 

Ethereum also was trading lower at RM9,872, and Solana was down at RM575.

That's it for Market Pulse.

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