Malaysia-Market factors to watch on Feb 14(Thursday)


  • Business
  • Thursday, 14 Feb 2013

Malaysia-Market factors to watch on Feb 14(Thursday)

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-Yen flat as investors eye G20, S&P touches new high

SE Asia Stocks-Shares rally in reporting season; Manila, Jakarta at record close

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

* Malay Economic Action Council holds media briefing on Petronas, Conference Room, Plaza Damansara, Bukit Damansara, Kuala Lumpur at 1300pm (0500). MARKET NEWS

> Nikkei edges up, BOJ expected to calm tensions over policy easing

> US STOCKS-Wall St pauses after rally to 5-yr high

> TREASURIES-Prices fall after lukewarm 10-year auction

> FOREX-Yen awaits BOJ verdict; GDP data also eyed

> PRECIOUS-Gold drops below $1,650, focus shifts to equities

> Brent firm near $119, U.S. crude stocks rise

> Palm oil drops to 2-week low in thin trade, stocks stay high MALAYSIA IN THE NEWS:

> Thai insurgents attack southern army base, troops kill 16

> S.Sudan hopes to raise $1 billion from oil block sales

> Malaysia's Feb 1-10 palm oil exports up 25.1 pct -SGS - Reuters

VEGOILS-Market factors to watch Feb 14(Thursday)

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

FUNDAMENTALS

* Malaysian palm oil futures fell to a two-week low on Wednesday in light trade after a long holiday weekend, with traders staying cautious as industry data showed stocks remained high despite coming off record levels.

* Corn prices fell for a ninth straight session on Wednesday as South American weather improved, but bargain buyers lifted wheat off a seven-month low and took soybeans from a one-month bottom.

* Brent crude oil prices rose slightly on Wednesday to close near $119 a barrel and remain close to a nine-month high, though gains were capped by a rise in U.S. crude oil inventories and as the International Energy Agency (IEA) trimmed its demand outlook.

MARKET NEWS

* The yen ended a volatile trading session little changed on Wednesday as concerns about currency wars and the fallout from mixed messages from the G7 put added focus on a G20 meeting in Moscow later in the week.

* Most commodities were trapped in range-bound trading for a second straight day on Wednesday, with oil hampered by doubts over demand and metals affected by caution ahead of a meeting of world finance ministers and central bankers. RELATED NEWS

> NOPA January U.S. soy crush seen at 159.5 mln bushels

> Some drought relief seen from rains on U.S. Plains

> Russia's AgMin targets grain stocks at up to 10 mln T

> Malaysia's Feb 1-10 palm oil exports up 25.1 pct -SGS

> Malaysia's January palm oil stocks down 1.9 pct-MPOB - Reuters

DIARY - Malaysia - Feb 14(Thursday)

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

THURSDAY, FEB 14

* KUALA LUMPUR - Construction Industry Development Board Malaysia to sign "Corporate Integrity Pledge" at Seri Pacific Hotel, Kuala Lumpur at 0830am (0030).

* KUALA LUMPUR - Mayor of Kuala Lumpur Ahmad Phesal Talib attends Kuala Lumpur Chinese New Year open house at KL City Gallery, Dataran Merdeka, Kuala Lumpur at 1015am (0215).

* KUALA LUMPUR - Domestic Trade, Consumerism and Cooperatives Minister Ismail Sabri Yaakob attends 'Jasamu Dikenang' ceremony and handing over of duties to the new Malaysian Cooperative Commission Executive Chairman at Sunway Putra Hotel at 1200pm (0400).

* KUALA LUMPUR - Malay Economy Action Council holds media briefing on Petronas at Malay Chamber of Commerce Malaysia, Plaza Damansara, Bukit Damansara, Kuala Lumpur at 1300pm (0500).

* KUALA LUMPUR - Higher Education Minister Mohamed Khaled Nordin attends the ministry's Sports Excellence Awards ceremony at Berjaya Times Square Hotel at 1930pm (1130).

* KUALA LUMPUR - Information, Communications and Culture Minister Rais Yatim attends full rehearsal of the National Chinese New Year 2013 open house at an opens space area, next to Carrefour Puchong at 2030pm (1230).

FRIDAY, FEB 15

* KUALA LUMPUR - Signing ceremony between Touch 'N Go Sdn Bhd and Xerox Transportation Solutions at Le Meridien Hotel, KL Sentral, Kuala Lumpur at 1500pm (0700).

TUESDAY, FEB 19

* NUSAJAYA, JOHOR - Prime Ministers of Malaysia and Singapore to unveil wellness development at Mall of Medini, Medini Iskandar Malaysia, Nusajaya, Johor at 1000am (0200).

* KUALA LUMPUR - Malaysian Retailer-Chains Association Chinese New Year Banquet 2013 at One World Hotel, Bandar Utama at 1800pm (1000).

WEDNESDAY, FEB 20

KUALA LUMPUR - Release of 4th Quarter 2012 GDP and January 2013 Consumer Price Index (CPI). * KUALA LUMPUR - Launch of the all-new Blackberry Z10 in Malaysia at JW Marriott Hotel, Kuala Lumpur at 1500pm (0700).

THURSDAY, FEB 21

* KUALA LUMPUR - BRIGHT PACKAGING INDUSTRY BHD holds EGM at Sime Darby Convention Centre, Kuala Lumpur at 1500pm (0700).

FRIDAY, FEB 22

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

* MENGGATAL, SABAH - Karambunai Corp Bhd holds EGM at Magibah, Nexus Resort & Spa Karambunai, off Jalan Sepangar, Menggatal, Sabah at 1000am (0200).

* KUALA LUMPUR - Media briefing on world's largest congress of concierge in Malaysia in 2014 at Royale Chulan Hotel, Jalan Conlay, Kuala Lumpur at 1400pm (0600).

* KUALA LUMPUR - CFA Society Malaysia organises employer outreach dinner and charter award ceremony at Grand Hyatt KL, Jalan Pinang, Kuala Lumpur at 1830pm (1030).

TUESDAY, FEB 26

* PETALING JAYA - International Shariah Research Academy for Islamic Finance (ISRA) half-day course on basic contract drafting at International Centre for Education in Islamic Finance, ISRA, Lorong University A, Petaling Jaya at 0900am (0100).

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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