KUALA LUMPUR: The ringgit is expected to trend lower against the US dollar next week in anticipation of a possible interest rate hike by the US Federal Reserve.
Affin Hwang Investment Bank Vice-President/ Retail Research Head Datuk Dr Nazri Khan Adam Khan said most Asian currencies would also trend lower, given the strong US dollar index following the possibility of interest rates being raised at the next policy meeting on Sept 20-21. "Market will react defensively, because if the US Federal Reserve were to raise interest rates this month, we may see an outflow of foreign funds.
Dropping mean collecting, rising mean to disposing...thats easy concept for understand. Plantation counter worth to reserve for long term as it direct relate to food generating which is basic for life and somemore most countries are lack of space for plantation. try to correlate it before to want to own this share...except u r just play like gambling. Just dispose it...
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3131 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
gr980com
80 posts
Posted by gr980com > 2016-09-02 16:13 | Report Abuse
keep dropping....thanks for sharing