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MARKET PULSE AM NOV 28, 2024 [WATCH]

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

Nationgate Holdings was among the most active stocks as investors took profit following a rally in its share price since October, which added more than 60 sen to the stock.

A heavy sell-off saw the company's stock drop 36 sen to a low of RM1.99 and intra-day short selling suspended.

This was after it announced that it more than doubled net profit for the third quarter.

The FBM KLCI which yo-yoed between negative and positive territory is likely to keep within the 1,600 and 1,610 points range today.

In the crypto market, Bitcoin rose to RM423,083 as investors eye the US$100,000 mark ahead of Thanksgiving.

That's it for Market Pulse. 

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