Due to the recent slash in the China's steel producer's export prices on
the back of devaluation
of Yuan and shrinking demand at home has forced
many mills to ship record amounts abroad. Industry sources said these are some
of the effects that will be positively impacting local companies.
Its is a known fact that steel
is one of the major raw materials for auto manufacturers,
hence, positively impacting the auto industry.
With almost 10%
of t.a. exposure in PIML - Value Equity Fund and more than 8% of t.a. in PIML -
Islamic Equity Fund, we are in the right path to take full
advantage of the recent slash of the Chinese Yuan.
Our advise to you ... INVEST
NOW
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