Icon8888 Gossips About Stocks
(Icon) Export Stocks in Limelight As Iran Nuclear Deal Reaches Final Phase
Today, many export oriented companies are among the top gainers in Bursa.
This is believed to be related to news that Iran nuclear negotiations is reaching its final phase. If successful, the deal might be concluded within next few days.
Iran has the fourth largest oil reserves in the world. Conclusion of the nuclear deal will allow it to resume export of oil to internatinal market.
If that happens, oil price is expected to remain low for quite some time. This will keep the Ringgit weak and benefits exporters.
In anticipation of the deal, Brent Crude declined by more than 1 US Dollar today.
However, I would like to caution that there are still uncertainties whether the deal can indeed be concluded. Please be careful with your trading activities.
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Discussions
1 person likes this. Showing 7 of 7 comments
it would be good to invest on those stocks listed above...
after considering their intrinsic value.
just use a conservative IV calculation and see
2015-07-13 15:59
No money liao, how to develop nuclear. Wait for sanction relief, then got money liao, then they curi-curi build nuclear again.
then sanction again, then relief, then curi-curi again
2015-07-14 11:46
Iranian thoughts are quite different...90% of their public can think more rationally and liberal minded than poor malaysians.
Malaysians beginning to think like saudi's and the rest of middlle east.. Iran is one different breed.
2015-07-14 11:49
Many people have wrong perception about Iranian
I did some reading. Iranians are very intelligent people. They also have very ancient history. Given the resources and right system, they can match the West in terms of achievement.
By the way, Tehran is a beautiful place. It has snow mountain at the background. Just google and see. You will be amazed
2015-07-14 11:58
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Probability
the deal is almost certain...
just the uncertainty is how soon?
I think max a few months.
2015-07-13 15:57