PETALING JAYA: A stronger greenback coupled with increased capital spending are two factors that will keep the technology sector, especially the front-end players, in favour.
Hong Leong Investment Bank (HLIB) in a report said it expected the ringgit to be stronger in 2020, averaging RM4.23-RM4.28 against the US dollar compared to 2019’s average of RM4.14.
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