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MARKET PULSE AM JAN 9, 2025 [WATCH]

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

The benchmark 30-stock index continued its downtrend from Wednesday with investors staying cautious ahead of policy adjustments expected with the swearing-in of US President-elect Donald Trump on January 20th. 

The latest US jobs data also point to a cooling labour market, which could influence the Federal Reserve to keep interest rates unchanged in January amid ongoing high inflation.

The FBM KLCI index will likely move within the 1,615 to 1,620 points range today. 

Bitcoin was trading lower at RM433,254.

While Ethereum and Solana were up to RM15,240 and RM904 respectively. 

That's it for Market Pulse.

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