KUALA LUMPUR: News on stock, crypto and ringgit moves.
Bursa Malaysia closed higher today as bargain hunting emerged following the recent sell-off.
The recent news on China's central bank kicking off a 500 billion yuan swap facility to aid the stock market is anticipated to positively impact investor sentiment, potentially benefiting the Malaysian stock market.
The benchmark index is likely to trend within the range of 1,640 to 1,650 next week.
Meanwhile, the ringgit weakened at 4.2900 against the US dollar.
Cryptocurrencies are trending downward, with Bitcoin falling to RM262,283, while Ethereum traded at RM10,282.
Meanwhile, Solana stood at RM596.
That's it for Market Pulse.