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MARKET PULSE PM MAY 22, 2025 [WATCH]

MARKET PULSE PM MAY 22, 2025 [WATCH]

KUALA LUMPUR: News on stock, crypto and ringgit moves.
Bursa Malaysia extended its downtrend on Thursday, ending lower at the 1,527 level amid persistent selling pressure.
Analysts noted that the decline was in line with losses across regional markets, reflecting a wider trend of risk-off sentiment.
Meanwhile, the ringgit ended stronger against the US dollar as investors shifted towards safe-haven and value-retaining assets amid growing macroeconomic uncertainties.
The local currency closed at 4.2580.
In the cryptocurrency market, Bitcoin is trading around the RM466,263 level, indicating renewed interest from institutional investors.
That wraps up today's Market Pulse.
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