Blog: Week4_2018 KLCI Health Check

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2 comment(s). Last comment by hstha 2018-01-21 21:27

aiinvestor

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Posted by aiinvestor > 2018-01-21 20:56 | Report Abuse

Equities Weekly: Global equities in the black yet again | http://www.klsescreener.com/v2/news/view/333155

hstha

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Posted by hstha > 2018-01-21 21:27 | Report Abuse

http://www.theedgemarkets.com/article/strong-ringgit-may-bring-little-cheer-malaysian-exporters

But for these chipmakers, half of their costs are also denominated in US dollars, giving these firms a natural hedge against the depreciating greenback.

“No doubt [their] earnings will be affected by the weak [US] dollar, but the impact will not be that big,” Foo told The Edge Financial Daily over the phone, saying previous financial results indicated foreign exchange gains were not all that significant when the US dollar was strong.

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