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MARKET PULSE PM JAN 8, 2025 [WATCH]

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

Bursa Malaysia's first listing for the year, Swift Energy Technology, closed as the market's most active stock on its debut.

Its share price closed 11.5 sen higher at 39.5 sen.

The FBM KLCI closed lower mirroring negative performance across the region.

It is likely to remain range-bound between 1,615 and 1,635 for the rest of the week.

The ringgit eased against the dollar to 4.4990.

In the cryptocurrency market, Bitcoin dropped to RM434,330.

That's it for Market Pulse.

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