corporate

MARKET PULSE PM AUG 5, 2024 [WATCH]

The FBM KLCI ended sharply lower as global equity markets saw massive sell-offs.

Regional markets fell significantly, due to fears of a US recession and a downturn on Wall Street.

Support for the 30-stock key index is expected at 1,530, followed by 1,500.

Ringgit strengthened to 4.4250 against the greenback, its highest since 1Q23.

Bitcoin fell to RM241,290 as the US recessionary fears took hold.

Ethereum fell to RM10,600 and Solana was lower at RM555.

That's it for Market Pulse.

Most Popular
Related Article
Says Stories