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New Straits Times

MARKET PULSE PM AUG 5, 2025 [WATCH]

KUALA LUMPUR: News on stock, crypto and ringgit moves. Bursa Malaysia closed higher today, in line with the strong performance of key regional indices, following a positive cue from Wall Street overnight on expectations of a Federal Reserve rate cut. Selective buying was seen in the utilities, banking, telecommunications, and technology sectors, while healthcare stocks edged lower. The FBM KLCI is expected to trend within the range of 1,530 to 1,545 this week. Meanwhile, the ringgit strengthened against the greenback to 4.2260. In the crypto market, Bitcoin fell to RM483,907 amid weak liquidity and fading institutional demand. Ethereum declined to RM15,399, while Solana fell to RM708. That wraps up today's Market Pulse.