USD Getting Stronger? Here’s Where Malaysians Should Look! 💸
Hey everyone! If you’ve noticed the USD/MYR rate climbing, you’re probably wondering how this affects our investments. 💰
With the ringgit weaker against the dollar, some sectors get a boost – especially export-oriented companies. 📈 Here’s a quick breakdown:
Focus on Export Stocks 🌏
Companies that export products (think tech and manufacturing sectors) earn in USD, so a strong dollar means bigger profits when they convert that money back to MYR. 💵
Look at companies in sectors like tech, semiconductors, and rubber gloves – these are often good picks when the ringgit drops.
$INARI (0166.MY)$ $VITROX (0097.MY)$ $HARTA (5168.MY)$ $PMETAL (8869.MY)$
$INARI (0166.MY)$ $VITROX (0097.MY)$ $HARTA (5168.MY)$ $PMETAL (8869.MY)$
Commodities Advantage 🛢️🌽
Our local commodities (like palm oil, rubber, and timber) get more competitive globally as the USD rises. Keeping an eye on companies dealing with these commodities could be a win.
$KLK (2445.MY)$ $FGV (5222.MY)$ $SDG (5285.MY)$ $GENP (2291.MY)$
$KLK (2445.MY)$ $FGV (5222.MY)$ $SDG (5285.MY)$ $GENP (2291.MY)$
In the end, I will share more market trends and investment knowledge in the official Learning group organized by the moomoo Education Team @Invest With Cici. Everyone is welcome to join.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo Malaysia Dealer
风险来自于不知所措
Risk comes from not knowing what you do
CMSRL Holder, Dealing in Securities & Derivatives
3440Followers
50Following
4529Visitors
Follow