Malaysia-Market factors to watch on Oct 19(Friday)


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 dip on Wall St drop, Spain yields fall

SE Asia Stocks-Most up; Indonesia, Malaysia at record close

WHAT IS HAPPENING IN MALAYSIA, IN TIMES LOCAL FOLLOWED BY GMT:

* Astro Relisting, Bursa Malaysia Gallery, Ground Floor, Bursa Malaysia, Bukit Kewangan, Kuala Lumpur at 0800am (0000)

* Prime Minister Najib Razak and his wife Rosmah Mansor to have an audience with Yang di-Pertuan Agong Tuanku Abdul Halim Mu'adzam Shah and Raja Permaisuri Agong Tuanku Hajah Haminah at Istana Negara, Jalan Duta, Kuala Lumpur at 0800am (0000).

* 2012 Malaysian Motorcycle Grand Prix at Sepang Circuit at 0900am (0100).

* Prime Minister's wife Rosmah Mansor opens World Children's Day celebration at Level 2, Dewan Sri Siantan, Putrajaya Corporation complex at 1000am (0200).

* Pos Malaysia Bhd's media preview on new stamps collection on postmen's uniform at Dayabumi Complex, Kuala Lumpur at 1000am (0200).

* Deputy Finance Minister Donald Lim rolls out 3 millionth Yamaha Motorcycle, Hong Leong Yamaha Complex, Persiaran Bukit Rahman Putra 3, Sungai Buloh, Selangor at 1500pm (0700).

* Prime Minister Najib Razak chairs Umno Supreme Council meeting at Putra World Trade Centre at 1515pm (0715).

* Release of Sep 2012 Consumer Price Index at 1700pm (0900).

* Press conference by Matrade Chief Executive Officer Wong Lai Sum on the 9th TPO Network World Conference and Awards 2012, Menara Matrade, Jalan Khidmat Usaha, Off Jalan Duta, Kuala Lumpur at 1730pm (0930).

* Deputy Information, Communications and Culture Minister Maglin Dennis D'Cruz attends event on 'Understanding ICT - Facebook, Tweeter and Blog' at auditorium of National Archives, Jalan Duta at 1845pm (1045).

MARKET NEWS

> Nikkei seen dropping; Google results to prompt profit-taking

> Weak Google results hit tech stocks, drag Wall St down

> Prices erase early gains, yields rise 4th straight day

> Yen hits multi-month lows, BOJ seen easing

> Gold drops on weak equities, Europe uncertainty

> Oil slips but pares loss on shut Canada-U.S. pipeline

> Palm oil up on flood risk, economic data

MALAYSIA IN THE NEWS:

> It pays to watch: Malaysia's Astro to gain in $1.5 bln IPO debut

> BREAKINGVIEWS-Spat with Exxon bad for Iraq - and oil consumers

> UPDATE 1-S.Sudan expects first oil exports in 90 days after restart

> Malaysia's Malakoff buys HICOM's power unit for $189 mln

> Motorcycling-Simoncelli memory dominates Sepang build-up

> Soccer-Sacked British coach exonerated by Malaysian FA

> Mah Sing plans $362 mln property project in Iskandar Malaysia

> Axiata not looking to change stake in India's Idea Cellular-exec

> UPDATE 1-India may double tax on white sugar imports

> Indonesian firm in $1.3 bln palm plantation bid

> Malaysia's Islamic banks ripe for consolidation-Bank Muamalat

> UPDATE 1-Sudan offers Dar Blend crude as South to restart exports - Reuters

DIARY - Malaysia 19/10/12 Friday

ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

KUALA LUMPUR - Astro Relisting, Bursa Malaysia Gallery, Bursa Malaysia, Bukit Kewangan, Kuala Lumpur at 0800am (0000)

KUALA LUMPUR - Prime Minister Najib Razak and his wife Rosmah Mansor to have an audience with Yang di-Pertuan Agong Tuanku Abdul Halim Mu'adzam Shah and Raja Permaisuri Agong Tuanku Hajah Haminah at Istana Negara, Jalan Duta, Kuala Lumpur at 0800am (0000).

PUTRAJAYA - 2012 Malaysian Motorcycle Grand Prix at Sepang Circuit at 0900am (0100).

PUTRAJAYA - Prime Minister's wife Rosmah Mansor opens World Children's Day celebration at Level 2, Dewan Sri Siantan, Putrajaya Corporation complex at 1000am (0200).

KUALA LUMPUR - Pos Malaysia Bhd's media preview on new stamps collection on postmen's uniform at Dayabumi Complex, Kuala Lumpur at 1000am (0200).

SUNGAI BULOH, SELANGOR - Deputy Finance Minister Donald Lim rolls out 3 millionth Yamaha Motorcycle, Hong Leong Yamaha Complex, Persiaran Bukit Rahman Putra 3, Sungai Buloh, Selangor at 1500pm (0700).

KUALA LUMPUR - Prime Minister Najib Razak chairs Umno Supreme Council meeting at Putra World Trade Centre at 1515pm (0715).

KUALA LUMPUR - Release of Sep 2012 Consumer Price Index at 1700pm (0900).

KUALA LUMPUR - Press conference by Matrade Chief Executive Officer Wong Lai Sum on the 9th TPO Network World Conference and Awards 2012, Menara Matrade, Jalan Khidmat Usaha, Off Jalan Duta, Kuala Lumpur at 1730pm (0930).

KUALA LUMPUR - Deputy Information, Communications and Culture Minister Maglin Dennis D'Cruz attends event on 'Understanding ICT - Facebook, Tweeter and Blog' at auditorium of National Archives, Jalan Duta at 1845pm (1045).

SATURDAY, OCT 20 * KUALA LUMPUR - International Centre for Education in Islamic Finance 4th Convocation at Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur at 0800am (0000). * KUALA LUMPUR - Institute of Bankers Malaysia (IBBM) organises IBBM FSI Careers Kuala Lumpur Convention Centre at 0900am (0100).

MONDAY, OCT 22

KUALA LUMPUR - Release of International Reserves as at 15 Oct 2012. * KUALA LUMPUR - Malaysia 2012 National Conference on IA organised by Institute of Internal Auditors (IIA) at the Kuala Lumpur Convention Centre at 0900am (0100).

TUESDAY, OCT 23 * SEPANG - Malaysia Airports Holdings Bhd (MAHB) results briefing at MAHB, KL International Airports, Sepang at 1400pm (0600).

WEDNESDAY, OCT 24 * KUALA LUMPUR - Announcement of second Amanah Hartanah Bumiputera income distribution at Menara Maybank, Jalan Tun Perak, Kuala Lumpur at 1400pm (0600).

THURSDAY, OCT 25 * BMW Group Malaysia, presents the BMW Innovation showcase at Ferragamo Couture, Pavilion, Jalan Bukit Bintang, Kuala Lumpur at 1100am (0300).

FRIDAY, OCT 26

KUALA LUMPUR - Market and Public Holiday - Aidil Adha.

WEDNESDAY, OCT 31

KUALA LUMPUR - Release of Sep 2012 Money Supply data

WEDNESDAY, NOV 7

KUALA LUMPUR - Release of International Reserves as at 31 Oct 2012

THURSDAY, NOV 8

KUALA LUMPUR - Monetary Policy Statement and release of Sep 2012 Index of Industrial Production (IPI) and Sep 2012 Manufacturing Sales.

FRIDAY, NOV 9

KUALA LUMPUR - Release of Sep 2012 External Trade data.

TUESDAY, NOV 13

KUALA LUMPUR - Market and Public Holiday - Deepavali

THURSDAY, NOV 15

KUALA LUMPUR - Market and Public Holiday - Moslem New Year.

FRIDAY, NOV 16

KUALA LUMPUR - Release of 3rd Quarter 2012 GDP.

WEDNESDAY, NOV 21

KUALA LUMPUR - Release of Oct 2012 Consumer Price Index.

THURSDAY, NOV 22

KUALA LUMPUR - Release of International Reserves as at 14 Nov 2012

FRIDAY, NOV 30

KUALA LUMPUR - Release of Oct 2012 Money Supply data

FRIDAY, DEC 7

KUALA LUMPUR - Release of International Reserves as at 30 Nov 2012 and Oct 2012 External Trade data.

TUESDAY, DEC 11

KUALA LUMPUR - Release of Oct 2012 Index of Industrial Production (IPI) and Oct 2012 Manufacturing Sales.

WEDNESDAY, DEC 19

KUALA LUMPUR - Release of Nov 2012 Consumer Price Index.

FRIDAY, DEC 21

KUALA LUMPUR - Release of International Reserves as at 14 Dec 2012.

TUESDAY, DEC 25

KUALA LUMPUR - Market and Public Holiday - Christmas Day.

MONDAY, DEC 31

KUALA LUMPUR - Release of Nov 2012 Money Supply data.

NOTE: The inclusion of diary items does not necessarily mean that Reuters will file a story based on the event. - Reuters

VEGOILS-Market factors to watch Oct 19 Friday

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

FUNDAMENTALS

* Malaysian palm oil futures climbed on Thursday, fuelled by gathering concern over floods in key growing regions curbing output and a slew of economic data from the United States and China that showed global growth trends were intact.

* U.S. soybean futures edged higher on Friday, rising for a fourth straight session and on track for the first weekly gain in more than a month as strong demand and slow selling by farmers supported prices.

* Oil prices fell on Thursday on the approaching restart of a North Sea oil field and weak U.S. jobless claims data, but with losses pared after news a pipeline carrying Canadian crude oil to the United States had shut.

MARKET NEWS

* Global shares dipped on Thursday, weighed down by a late decline on Wall Street, though a European benchmark hit a 15-month closing high as tension surrounding the euro zone's debt crisis continued to ease.

* U.S. soybean prices rose on Thursday for a third straight day as farmers were slow to sell amid a waning harvest for the crop and cocoa rebounded on less grinding of the commodity that is used for confections and beverages.

RELATED NEWS

> Indonesian firm in $1.3 bln palm plantation bid

> Soy jumps 2 percent as U.S. harvest winds down

> CME in talks on reducing grain trading hours

> Sugar prices encourage producers to expand area

> ICE coffee sinks to 6-week low, cocoa rebouds

> Cocoa smugglers rub hands over Ghana price

> Argentina expects a 17 pct drop in wheat output

> Russia says can export 15-16 mln T grain

> ADM, Wilmar get green light on joint venture

DATA/EVENTS

> Cargo surveyor Intertek Testing Services to issue Oct. 1-20 exports data on Saturday. Another cargo surveyor will issue data for same period on Monday. - Reuters

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