Bursa Community

Would you like to react to this message? Create an account in a few clicks or log in to continue.

The money flow Saturday, 22 August 2015

Bursa Community :: Community News

Page 1 of 1

The money flow Saturday, 22 August 2015

Post by Cals Sun 23 Aug 2015, 22:50

The money flow

Saturday, 22 August 2015

AS the ringgit zooms towards the RM4.20 level to the US dollar, the impact of the depreciation of the ringgit can be felt in many ways. Education or travel overseas will generally cost more. In time as contracts for goods and services get renewed, imported goods might cost more.
The ringgit’s weakness is also influencing capital markets. The stock market has seen a steep selldown and bond holders are also trimming their holdings as the ringgit slides against the dollar. The drop in foreign exchange reserves is another indicator which does not breed confidence for the markets.
The collapse of commodity prices, particularly crude oil, is hurting the value of the ringgit which has tracked the value of crude oil loosely over the past few years. The price of crude palm oil below at RM2,000 a tonne eats into export earnings. But exports tend to bloat when the ringgit is weak and that was seen in June. Investments into Malaysia do not seem to be affected by the drop in the ringgit.
[You must be registered and logged in to see this image.]

Cals: Administrator; Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : â€œMy plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis

Similar topics

» Why Malaysians put their money abroad Saturday, 22 August 2015 By: M. SHANMUGAM - THE ALTERNATIVE VIEW
» Eye on stock: Lii Hen Saturday, 29 August 2015
» EPF investment income up Saturday, 29 August 2015
» Wall St Week Ahead: Emerging market worries prompt selloff Saturday, 22 August 2015
» Fund Flow Malaysia continues to miss out on big money flow, has lost RM4b YTD

Bursa Community :: Community News

Page 1 of 1

Permissions in this forum:

You cannot reply to topics in this forum

My Great Web page

Disclaimers and Important Announcement

Latest topics

» July 22-Companies in the news CIMB, Gromutual, Pantech, Scomi Engineering, Public Bank and Sime Darby
by Cals Fri 22 Jul 2016, 01:35

» Market Close KLCI down 12.07pts on 1MDB probe
by Cals Fri 22 Jul 2016, 01:34

» Gadang's 4Q net profit climbs 20% on better margins, higher revenue
by Cals Fri 22 Jul 2016, 01:34

» Yong Tai warrant holders approve Sino Haijing’s capital injection
by Cals Fri 22 Jul 2016, 01:33

» Stocks With Momentum TMC, Bursa, E&O, Asia Media, GSB, Marco, XOX
by Cals Fri 22 Jul 2016, 01:32

» Stock With Momentum: Pecca Group
by Cals Fri 22 Jul 2016, 01:32

» Market Open KLCI rattled by U.S. DoJ kleptocrasy case in 1MDB matter
by Cals Fri 22 Jul 2016, 01:31

» July 21- Companies in the news WZ Satu, UOA REIT, Barakah Offshore, Hua Yang, I-Bhd, PPB and Maxis
by Cals Thu 21 Jul 2016, 05:47

» KLCI falls as ringgit depreciates on US rate hike talk
by Cals Thu 21 Jul 2016, 05:47

» Credit access not the problem confronting homebuyers but affordability, says Bank Negara
by Cals Thu 21 Jul 2016, 05:46

» Borneo Oil, Pecca, K-Star, Tadmax, PMB Technology, Asia Media, Dutch Lady, Kerjaya Prospek
by Cals Thu 21 Jul 2016, 05:45

» Perodua Bezza drives Pecca to highest level since IPO
by Cals Thu 21 Jul 2016, 05:44

» Malaysia's June inflation at 1.6% on year
by Cals Thu 21 Jul 2016, 05:44

» Ge-Shen rises 2.92% in thin trade on expansion plan
by Cals Thu 21 Jul 2016, 05:43

» George Kent rises 3.98% on bonus issue plan
by Cals Thu 21 Jul 2016, 05:42

» July20-Companies in the news PPB, Ge-Shen, George Kent, Maxwell, PRG, TMC Life Sciences and D&O Green Tech
by Cals Wed 20 Jul 2016, 00:49

» Market Close KLCI flat, ringgit weakens as oil prices fall
by Cals Wed 20 Jul 2016, 00:48

» Ge-Shen buys warehouse from Tiong Nam for RM9.5m
by Cals Wed 20 Jul 2016, 00:47

» UMA Borneo Aqua gets UMA query on recent share price surge
by Cals Wed 20 Jul 2016, 00:46

» Highlight SC introduces new initiatives to improve unit trust industry
by Cals Wed 20 Jul 2016, 00:46

» German investor morale plummets as Brexit uncertainty bites
by Cals Wed 20 Jul 2016, 00:45

» Hot Stock BCorp active after launching Vietnam lottery ops
by Cals Wed 20 Jul 2016, 00:44

» Stocks With Momentum F&N, K-Star, Goodway, Opensys, GHL Systems, Tune Protect, Ann Joo, Menang, Prinsiptek
by Cals Wed 20 Jul 2016, 00:43

» Emerging Markets Emerging shares fall from highest since November as rally stalls
by Cals Wed 20 Jul 2016, 00:43

» Hot Stock Vivocom rises 3.92% after denying CEO is leaving
by Cals Wed 20 Jul 2016, 00:42

» Renewed buying interest emerged in GHL Systems, says AllianceDBS Research
by Cals Wed 20 Jul 2016, 00:42

» July 19- Companies in the news Ekovest, Wang-Zheng, Heineken, Vivocom, Microlink, Affin, Goodway and Sunway
by Cals Mon 18 Jul 2016, 23:10

» Highlight Malaysia has the capacity to absorb external shocks, says BNM governor
by Cals Mon 18 Jul 2016, 22:40

» Market Close KLCI up at 11th hour; Malaysia Airports falls after attempted Turkey coup
by Cals Mon 18 Jul 2016, 22:16

» Update Oil prices largely unchanged as market shrugs off Turkey coup bid
by Cals Mon 18 Jul 2016, 22:13