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MARKET PULSE PM NOV 28, 2024 [WATCH]

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

Bursa Malaysia was pressured by a decline in share prices of key banking stocks, causing the index to dip below the crucial one thousand six hundred mark.

Across the region, investors adopted a cautious stance, with many markets reflecting the uncertainty that has gripped global trading.

Shares linked to business tycoon Ananda Krishnan, who passed away today, also declined.

The ringgit, meanwhile, fell against the greenback today to four point four four three zero.

Bitcoin rose to four hundred twenty thousand two hundred forty-three ringgit, fueled by expectations that crypto-friendly candidates will influence US financial regulations under Donald Trump.

Ethereum was trading higher at fifteen thousand nine hundred ninety-nine ringgit, and Solana was up at one thousand forty-eight ringgit.

That's it for Market Pulse.

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