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MARKET PULSE PM DEC 18, 2024 [WATCH]

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

Bursa Malaysia rebounded today after a two-day losing streak amid broadly higher regional markets.

This is due to buying support in selected heavyweights amid mixed performances from Asian markets.

Meanwhile, the ringgit strengthened against the greenback today to 4.4640.

In the crypto market, Bitcoin dropped to RM467,313.

The currency took a breather as traders awaited an expected Federal Reserve interest-rate cut and assessed a wave of optimism from President-elect Donald Trump's support for crypto.

Ethereum was trading lower at RM17,342, and Solana stood at RM973.

That's it for Market Pulse.

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