29
Aug
2024
MARKET PULSE AM AUG 29, 2024 [WATCH]
KUALA LUMPUR: News on the latest moves on the stock and crypto markets.
IOI Properties was among the top gainers today, amid news it will not purchase a Singapore property owned by Group CEO Lee Yeow Seng but instead project manage the redevelopment of the site.
It also reported a 48 per cent jump in net profit for the financial year 2024.
The 30-stock index continued its rally from yesterday hitting a high of 1,684 points, last seen in 2019.
The FBM KLCI will likely hover within the 1,675 and 1,685 range.
Investor sentiment in cryptocurrencies continues to be depressed with Bitcoin hovering around RM257,138.
Ethereum around RM10,993 and Solana down to RM624.
That's it for Market Pulse.
Source: New Strait Times