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MARKET PULSE AM JULY 9, 2025 [WATCH]
Bursa Malaysia opened higher on Wednesday, snapping a two-day losing streak and mirroring gains across regional markets.
However, the local market remained under pressure, with the key index closing just above the 1,530 level yesterday.
The selling was likely driven by foreign funds, which have been reducing their holdings since Monday ahead of today's tariff deal expiry.
The FBM KLCI is expected to stay within the 1,520 to 1,530 range.
In the crypto market, Bitcoin climbed to RM459,846 amid US trade optimism.
Ethereum rose to RM11,059, while Solana was up at RM641.
That's it for Market Pulse.

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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.


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5 hours ago
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