Bursa Malaysia’s benchmark FBM KLCI ended higher today with strong buying interests in tandem with the solid regional performances.
The widening gap between the index and the exponential moving average indicates a solid uptrend, with resistance at 1,680 and the potential to test 1,700.
The ringgit continues to strengthen against the greenback at 4.3420.
In the cryptocurrency market, Bitcoin is on the rise, reaching RM259,070, as attention turns to the potential impact of the expected rate cuts in September.
Related Posts
Meanwhile, Ethereum is gradually gaining momentum at RM10,785, with Solana trading at RM636.
That’s it for Market Pulse.
———————————-
#NST #NSTTV
