MARKET PULSE AM MAY 16, 2025 [WATCH]

NST Fri, May 16, 2025 11:00am - 1 year View Original


News on the latest moves on the stock and crypto markets. NSTP/ASYRAF HAMZAH

KUALA LUMPUR: News on the latest moves on the stock and crypto markets.

Bursa Malaysia opened on a positive note Friday, as investors looked ahead to the release of Malaysia's first-quarter GDP data later in the day.

The index is anticipated to trade within the 1,570 to 1,580 range throughout the day.

In early trading, Fibromat was among the most actively traded stocks, rising by about six per cent to 54 sen.

The gain followed news that its subsidiary secured a contract worth RM283 million for erosion control works in Kelantan.

In the cryptocurrency market, Bitcoin is trading around RM444,586 level, while Ethereum is at approximately RM10,930.

That's it for Market Pulse.

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