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MARKET PULSE PM AUG 1, 2024 [WATCH]

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

The ringgit continues to trade higher against the greenback at 4.5680 after it rose near eleven month high yesterday.

Velesto Energy was among the actively traded stocks today after news that Petronas will accelerate development of 12 fields offshore with multiple production sharing contracts. 

The share price closed at 22 sen.

Bursa Malaysia ended in red after a lacklustre trading session as investors exercised caution amid volatile sentiment across the region given the increasing global volatility and uncertainty.

In the crypto market, Bitcoin fell to RM296,107 as the Middle East tensions flared.

Ethereum was down to RM14,608 and Solana dropped to RM777.

That's it for Market Pulse.

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