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MARKET PULSE PM AUG 2, 2024 [WATCH]

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

Bursa Malaysia's benchmark FBM KLCI ended in the red today due to broad-based selling, mirroring weak regional performance.

Analysts anticipated the index to fluctuate within the 1,600 to 1,630 range next week, with immediate support at 1,600, followed by 1,592.

The ringgit is trading higher against the US dollar at 4.4950.

In the crypto market, Bitcoin is trending lower to RM292,635 as the US stock market is experiencing a sell-off due to the country's weak economic data.

Ethereum was down to RM14,319, while Solana edged up to RM743.

That's it for Market Pulse.

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