X Close


Published: Monday December 31, 2012 MYT 8:55:00 AM
Updated: Monday December 31, 2012 MYT 11:29:45 AM

Malaysia-Market factors to watch on Dec 31(Monday)

KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the local market.

GLOBAL MARKETS-Stocks drop, dollar up as 'cliff' deadline looms

SE Asia Stocks--Most end strong 2012 on high note


* Deputy Prime Minister Tan Sri Muhyiddin Yassin launches Malaysia Christmas Open House 2012 at Dataran Merdeka. -- 4.45 pm (0845 GMT

* Deputy Prime Minister Tan Sri Muhyiddin Yassin launches New Year's Eve celebration 2013 at Dataran Merdeka. -- 11.30 pm (0330 GMT)


> Nikkei logs best annual gain in 7 years on 'Abe trade' > US STOCKS-Equity futures rise, but 'cliff' stalemate suggests more losses

> TREASURIES-Prices gain for a third day on fiscal deal doubts > FOREX--Dollar edges higher on uncertainty about fiscal

> PRECIOUS-Gold edges up, on track for 12th annual gain > Oil slips as US fuel stocks rise, budget worries linger

> Palm hits highest since early Nov, up for 2nd week


> US industry presses for duties on shrimp from seven countries

> Malaysia Airports sells Islamic notes worth 600 mln ringgit

> Malaysia's November broad money up 10.7 pct on year-c.bank - Reuters

VEGOILS-Market factors to watch Dec 31(Monday)

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.


* Malaysian palm oil futures touched a near two-month high on Friday, posting a second straight weekly gain as traders expect record stocks in the world's No.2 producer to ease on lower production and higher shipments.

* Chicago wheat edged down on Monday as the absence of a deal to avert a U.S. "fiscal cliff" even as the deadline draws near hurt prices, although strong export demand is expected to check losses.

* Oil prices settled lower on Friday after U.S. data showed a sharp rise in gasoline inventories and as investors worried that U.S. budget negotiators may not reach a deal in time to avert a fiscal crisis that could erode oil demand.


* World stocks declined, the dollar gained and U.S. shares fell for a fifth day on Friday as the White House and U.S. lawmakers closed in on the "fiscal cliff" deadline with no deal in place.

* Commodities ended broadly lower in nervous trading on Friday as traders and investors followed last-ditch attempts by U.S. politicians to resolve a fiscal crisis before the year-end.


> US Senate, House ag committees in deal to avert milk price spike

>Storms on U.S. Plains stir memories of the "Dust Bowl" - Reuters

DATA/EVENTS > ADVISORY-Chicago markets announce Christmas, New Year's hours > Malaysian palm oil markets closed on and New Year > Cargo surveyors to publish December exports data on Monday. Vegetable oils -- Malaysian palm oil exports -- CBOT soyoil futures -- <0#BO:> CBOT soybean futures -- <0#S:> Indian solvent -- Weekly Indian vegetable oils -- Dalian Commodity Exchange -- Dalian soyoil futures -- <0#DBY:> Dalian refined palm oil futures -- <0#DCP:> Zhengzhou rapeseed oil -- <0#CRO:> European edible oil prices/trade


  1. Karpal dies: Highly emotional family members arrive at Kampar hospital mortuary
  2. Shocked Malaysians pay Twitter tribute to Karpal Singh
  3. Karpal Singh dies in car accident
  4. Johor man first person in Asia to succumb to MERS
  5. High time for the leaders to act
  6. I am Sabahan - and that is that
  7. AirAsia Group says will move into KLIA2 by May 9 (Update)
  8. India's highest court recognises transgenders as 'third gender'
  9. MH370 search: Remark on solving mystery in one second illogical, says Najib
  10. Crane falls off 11-storey building, killing operator