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2 comment(s). Last comment by hstha 2017-09-08 21:32
Posted by hstha > 2017-09-08 21:32 | Report Abuse
Maybe it's not time to buy export stocks as they have been overbought due to a weak ringgit.
Ringgit may consolidate further. It's expected that ringgit will recover in 2H.
KUALA LUMPUR: Standard Chartered recommends selling USD/MYR via three-month onshore deliverable forwards with spot target of 4.00 and stop-loss of 4.36, according to Bloomberg citing a report by strategist Divya Devash.
http://www.thestar.com.my/business/business-news/2017/09/06/sell-usd-myr-forwards-on-undervalued-ringgit/#e7rrUOXsKkKmLb02.99
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
lotsofmoney
914 posts
Posted by lotsofmoney > 2017-09-07 09:52 | Report Abuse
Total bullshitting.