Malaysia-Market factors to watch on Feb 5(Tuesday)


  • Business
  • Tuesday, 05 Feb 2013

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-Shares, euro fall sharply on renewed euro zone fears

SE Asia Stocks-Rise; Philippines, Indonesia at record high

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

* Frost & Sullivan media briefing on Asia Pacific healthcare outlook, Plaza Mont Kiara, Kuala Lumpur, 9.00 am (0100)

* International Centre for Education in Islamic Finance organises 'The Islamic Financial Services Act 2012' at Chancellery Building, Inceif at 0900am (0100).

* iProperty Group Chief Executive Officer Shaun Di Gregorio shares insights on Malaysian property market outlook, Boulevard Hotel, Kuala Lumpur, 10.30 am (0230)

* Malaysian Prime Minister Najib Razak officiates ground breaking ceremony of Malaysia China Kuantan Industrial Park (MCKIP) at MCKIP Gebeng, Kuantan, 10.00 am (0200)

MARKET NEWS

> Nikkei seen lower as euro fears spur profit taking

> S&P 500 posts worst day since Nov; McGraw-Hill shares sink

> Bonds up as stock losses, euro zone concern revive bid

> Euro rally loses steam, Aussie eyes RBA

> Platinum at 4-month high, palladium 17-month peak

> Oil prices sink on profit-taking after positive streak

> Palm rises on dry weather fears, posts 4th straight gain

MALAYSIA IN THE NEWS:

> Iran's president says wishes to visit Gaza

> Simon Property results easily beat Wall St views again

> Indonesia food traders must report stocks or face sanctions

> Malaysia's MISC rises on Petronas buyout offer. - Reuters

VEGOILS-Market factors to watch Feb 5(Tuesday)

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

FUNDAMENTALS

* Malaysian palm oil futures edged up on Monday and posted a fourth straight session of gains, tracking higher soybeans and soybean oil on persistent concerns over dry weather in Argentina..

* U.S. soybeans rose 1 percent on Monday to a seven-week high on steady export demand and as unfavorable weather in South America slowed the harvest in northern Brazil and threatened crops in Argentina.

* Oil future prices dropped alongside equities on Monday as traders took profits after three weeks of gains and after a rise of about 10 percent rise in oil prices since the beginning of December.

MARKET NEWS

* Major stock markets fell on Monday and the euro tumbled from multi-month highs against the dollar and yen as political uncertainty in Spain and Italy revived worries that the steps taken to rein in the euro zone debt crisis could unravel.

* Crude futures fell nearly 2 percent on Monday, sinking along with Wall Street stock prices as traders cashed in profits from a three-week rally in oil, which fed a broad decline across commodity markets. RELATED NEWS

> U.S. soy rises to 7-week high amid Argentina dryness

> Ethanol mix from Brazil cane seen rising, focus on tax

> Irregular rains cause Brazil firms to lower soy forecast

> Europe removes agriculture barriers to US trade talks

> Ukraine seeks to boost agricultural exports to Iran -minister

> Brazil cost decline to force Black Sea shift out of sugar. - Reuters

DIARY - Malaysia - Feb 5 (Tuesday)

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

TUESDAY, FEB 5

* KUALA LUMPUR - Frost & Sullivan Asia Pacific Healthcare Outlook briefing 2013 at Frost & Sullivan Malaysia, Block C, Plaza Mont Kiara, Jalan Kiara, Kuala Lumpur at 0830am (0030).

* KUALA LUMPUR - International Centre for Education in Islamic Finance (Inceif) organises 'The Islamic Financial Services Act 2012' at Chancellery Building, Inceif at 0900am (0100).

* KUALA LUMPUR - Soft launch of SME Innovation Awards 2013 at KL Hilton Hotel, Kuala Lumpur at 0900am (0100).

* KUALA LUMPUR - Defence Minister Ahmad Zahid Hamidi launches kerjayaveteran.my portal and 1Active Career Planning corporate website at Prince & Residence Hotel, Kuala Lumpur at 0930am (0130).

* KUANTAN, PAHANG - Prime Minister Najib Razak officiates ground breaking ceremony of Malaysia-China Kuantan Industrial Park at Malaysia-China Kuantan Industrial Park Site, Gebeng, Kuantan at 0930am (0130), and attends dinner in conjunction with the visit of chairman of the national committee of the Chinese People's Political Consultative Conference, Jia Qinglin at Seri Perdana Residence, Putrajaya at 2015pm (1215).

* KUALA LUMPUR - Permodalan Nasional Bhd's Ismail Mohamed Ali Foundation Memorial Lecture Series Three at Kuala Lumpur Convention Centre at 1000am (0200).

* KUALA LUMPUR - iProperty Group chief executive officer Shaun Di Gregorio shares insights on Malaysia property market outlook at Boulevard Hotel, Mid Valley Megamall, Kuala Lumpur at 1030am (0230).

* PETALING JAYA - News conference by PLUS on preparation for festive season at Persada PLUS, Subang Interchange, New Klang Valley Expressway, Petaling Jaya at 1400pm (0600).

* PETALING JAYA - Aston Martin official launch of its Aston Matrin 2013 DB9 at Aston Martin KL, Lot 9, Jalan 219, Federal Highway, Petaling Jaya at 1400pm (0600).

* PUTRAJAYA - Memorandum of understanding signing between Malaysia and Myanmar on science and technology cooperation at Block C5, Complex C, Putrajaya at 1430pm (0630).

* KUALA LUMPUR - Chairman of the national committee of the Chinese People's Political Consultative Conference, Jia Qinglin meets Yang di-Pertuan Agong (Malaysian King), Tuanku Abdul Halim Mu'adzam Shah at the National Palace at 1530pm (0730).

* KUALA LUMPUR - Federal Territories and Urban Wellbeing MInister Raja Nong Chik Raja Zainal Abidin gives away Chinese New Year goodies at Bandar Tun Razak Commercial and Community Centre at 1645pm (0845).

WEDNESDAY, FEB 6

KUALA LUMPUR - Malaysia External Trade Development Corp (Matrade), Halal Industry Development Corp and KasehDia Sdn Bhd official announcement of "World Halal Week 2013" at Menara Matrade, Jalan Duta, Kuala Lumpur at 1000am (0200).

KUALA LUMPUR - Sunlight Unicablink official launch of its taxi booking app and first GPS-enabled taxis in Malaysia at Pavilion KL, Shopping Mall, Bukit Bintang, Kuala Lumpur at 1845pm (1045).

FRIDAY, FEB 8

KUALA LUMPUR - Release of International Reserves as at 31 January 2013.

MONDAY-TUESDAY, FEB 11-12

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

WEDNESDAY, FEB 20

KUALA LUMPUR - Release of 4th Quarter 2012 GDP and January 2013 Consumer Price Index (CPI).

FRIDAY, FEB 22

KUALA LUMPUR - Release of International Reserves as at 15 February 2013.

THURSDAY, FEB 28

KUALA LUMPUR - Release of January 2013 Money Supply data, and Detailed Disclosure of International Reserves as at end January 2013.

THURSDAY, MAR 7

KUALA LUMPUR - Release of International Reserves as at 28 February 2013, and Monetary Policy Statement.

MONDAY, MAR 11 * KUALA LUMPUR - Release of January 2013 Index of Industrial Production (IPI), January 2013 Manufacturing Sales and January 2013 External Trade data.

WEDNESDAY, MAR 20 * KUALA LUMPUR - Release of February 2013 Consumer Price Index.

FRIDAY, MAR 22

KUALA LUMPUR - Release of International Reserves as at 15 March 2013.

FRIDAY, MAR 29

KUALA LUMPUR - Release of February 2013 Money Supply data, and Detailed Disclosure of International Reserves as at end February 2013.

FRIDAY, APR 5

KUALA LUMPUR - Release of International Reserves as at 29 March 2013 and February 2013 External Trade data.

THURSDAY, APR 11 * KUALA LUMPUR - Release of February 2013 Index of Industrial Production (IPI) and February 2013 Manufacturing Sales.

WEDNESDAY, APR 17 * KUALA LUMPUR - Release of March 2013 Consumer Price Index.

MONDAY, APR 22

KUALA LUMPUR - Release of International Reserves as at 15 April 2013.

TUESDAY, APR 30

KUALA LUMPUR - Release of March 2013 Money Supply data, and Detailed Disclosure International Reserves as at end March 2013.

WEDNESDAY, MAY 1

KUALA LUMPUR - Market and Public Holiday - Labour Day.

WEDNESDAY, MAY 8

KUALA LUMPUR - Release of International Reserves as at 30 April 2013 and March 2013 External Trade data.

THURSDAY, MAY 9

KUALA LUMPUR - Release of BNM Monetary Policy Statement, March 2013 Index of Industrial Production (IPI) and March 2013 Manufacturing Sales.

WEDNESDAY, MAY 15

KUALA LUMPUR - Release of 1st Quarter 2013 GDP.

WEDNESDAY, MAY 22

KUALA LUMPUR - Release of International Reserves as at 15 May 2013 and April 2013 Consumer Price Index.

FRIDAY, MAY 24

KUALA LUMPUR - Market and Public Holiday - Wesak Day.

FRIDAY, MAY 31

KUALA LUMPUR - Release of April 2013 Money Supply data and Detailed Disclosure of International Reserves as at end April 2013.

SATURDAY, JUN 1

KUALA LUMPUR - Market and Public Holiday - The Yang di-

Pertuan Agong's Birthday.

WEDNESDAY, JUN 5 * KUALA LUMPUR - Release of April 2013 External Trade data.

FRIDAY, JUN 7

KUALA LUMPUR - Release of International Reserves as at 31 May 2013.

TUESDAY, JUN 11 * KUALA LUMPUR - Release of April 2013 Index of Industrial Production (IPI) and April 2013 Manufacturing Sales.

WEDNESDAY, JUN 19 * KUALA LUMPUR - Release of May 2013 Consumer Price Index.

FRIDAY, JUN 21

KUALA LUMPUR - Release of International Reserves as at 14 June 2013.

FRIDAY, JUN 28

KUALA LUMPUR - Release of May 2013 Money Supply data, and Detailed Disclosure of International Reserves as at end May 2013.

THURSDAY, JUL 4 * KUALA LUMPUR - Release of May 2013 External Trade data.

FRIDAY, JUL 5

KUALA LUMPUR - Release of International Reserves as at 28 June 2013.

THURSDAY, JUL 11

KUALA LUMPUR - Release of BNM Monetary Policy Statement, May 2013 Index of Industrial Production (IPI) and May 2013 Manufacturing Sales.

WEDNESDAY JUL 17 * KUALA LUMPUR - Release of June 2013 Consumer Price Index.

MONDAY, JUL 22

KUALA LUMPUR - Release of International Reserves as at 15 July 2013.

WEDNESDAY, JUL 31

KUALA LUMPUR - Release of June 2013 Money Supply data, and release of Detailed Disclosure of International Reserves as at end June 2013.

MONDAY, AUG 5 * KUALA LUMPUR - Release of June 2013 External Trade data.

WEDNESDAY, AUG 7

KUALA LUMPUR - Release of International Reserves as at 31 July 2013, June 2013 Index of Industrial Production (IPI) and June 2013 Manufacturing Sales.

THURSDAY-FRIDAY, AUG 8-9

KUALA LUMPUR - Market and Public Holiday - Hari Raya Puasa

(Eid-Fitr).

WEDNESDAY, AUG 21

KUALA LUMPUR - Release of 2nd Quarter 2013 GDP and July 2013 Consumer Price Index.

THURSDAY, AUG 22

KUALA LUMPUR - Release of International Reserves as at 15 August 2013.

FRIDAY, AUG 30

KUALA LUMPUR - Release July 2013 Money Supply data and release of Detailed Disclosure of International Reserves as at end July 2013.

SATURDAY, AUG 31

KUALA LUMPUR - Market and Public Holiday - National Day.

THURSDAY, SEP 5

KUALA LUMPUR - Release of BNM Monetary Policy Statement.

FRIDAY, SEP 6

KUALA LUMPUR - Release of International Reserves as at 30 August 2013, and July 2013 External Trade data.

WEDNESDAY, SEP 11 * KUALA LUMPUR - Release of July 2013 Index of Industrial Production (IPI) and July 2013 Manufacturing Sales.

MONDAY, SEP 16

KUALA LUMPUR - Market and Public Holiday - Malaysia Day.

WEDNESDAY, SEP 18 * KUALA LUMPUR - Release of August 2013 Consumer Price Index.

MONDAY, SEP 23

KUALA LUMPUR - Release of International Reserves as at 13 September 2013.

MONDAY, SEP 30

KUALA LUMPUR - Release of August 2013 Money Supply data and Detailed Disclosure of International Reserves as at end August 2013.

FRIDAY, OCT 4 * KUALA LUMPUR - Release of August 2013 External Trade data.

MONDAY, OCT 7

KUALA LUMPUR - Release of International Reserves as at 30 September 2013.

THURSDAY, OCT 10 * KUALA LUMPUR - Release of August 2013 Index of Industrial Production (IPI) and August 2013 Manufacturing Sales.

TUESDAY, OCT 15

KUALA LUMPUR - Market and Public Holiday - Hari Raya Haji

(Eid-Adha).

TUESDAY, OCT 22

KUALA LUMPUR - Release of International Reserves as at 14 October 2013.

WEDNESDAY, OCT 23 * KUALA LUMPUR - Release of September 2013 Consumer Price Index

THURSDAY, OCT 31

KUALA LUMPUR - Release of September 2013 Money Supply data, and Detailed Disclosure of International Reserves as at end September 2013.

SATURDAY, NOV 2

KUALA LUMPUR - Market and Public Holiday - Deepavali.

TUESDAY, NOV 5

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

THURSDAY, NOV 7

KUALA LUMPUR - Release of BNM Monetary Policy Statement.

FRIDAY, NOV 8 * KUALA LUMPUR - Release of September 2013 External Trade data.

MONDAY, NOV 11

KUALA LUMPUR - Release of International Reserves as at 31 October 2013, September 2013 Index Industrial Production (IPI) and September 2013 Manufacturing Sales.

FRIDAY, NOV 15

KUALA LUMPUR - Release of 3rd Quarter 2013 GDP.

WEDNESDAY, NOV 20 * KUALA LUMPUR - Release of October 2013 Consumer Price Index.

FRIDAY, NOV 22

KUALA LUMPUR - Release of International Reserves as at 15 November 2013.

FRIDAY, NOV 29

KUALA LUMPUR - Release of October 2013 Money Supply data and Detailed Disclosure of International Reserves as at end October 2013.

FRIDAY, DEC 6

KUALA LUMPUR - Release of International Reserves as at 29 November 2013, and October 2013 External Trade data.

WEDNESDAY, DEC 11 * KUALA LUMPUR - Release of October 2013 Index of Industrial Production (IPI) and October 2013 Manufacturing Sales.

WEDNESDAY, DEC 18 * KUALA LUMPUR - Release of November 2013 Consumer Price Index.

FRIDAY, DEC 20

KUALA LUMPUR - Release of International Reserves as at 13 December 2013.

WEDNESDAY, DEC 25

KUALA LUMPUR - Market and Public Holiday - Christmas Day.

TUESDAY, DEC 31

KUALA LUMPUR - Release of November 2013 Money Supply data and Detailed Disclosure of International Reserves as at end November 2013

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

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