Malaysia-Market factors to watch on Feb 15(Friday)


  • Business
  • Friday, 15 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 Malaysian market.

GLOBAL MARKETS-Shares, euro slip as euro zone recession deepens

SE Asia Stocks-Philippines off high; Bumi leads Indonesia to new peak

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

* Prime Minister Najib Razak launches Urban Transformation Centre (UTC) Perak at UTC Building, Ipoh at 1000am (0200), and launches the Indigenous Changing Destination programme at Uitm Seri Iskandar field at 1500pm (0700).

* Umno Youth Exco meeting at Putra World Trade Centre at 1530pm (0730).

MARKET NEWS

> Tokyo's Nikkei share average opens down 0.60 pct

> US STOCKS-Wall St ends slightly higher, helped by acquisitions

> TREASURIES-Yields slip from 10-month highs on Europe growth fears

> FOREX-Euro suffers setback as economy shrinks; NZD jumps

> PRECIOUS-Gold drops to 6-week low on euro recession fears

> Oil rises with US gasoline supply concerns

> Palm oil hits 2-week low on S.American soy crops, high stocks

MALAYSIA IN THE NEWS:

> Versions differ in Malaysia, Philippines border standoff

> Newfield Exploration to focus on US assets, sees big Q4 loss

> Investors return to long won positions

> INTERVIEW-Mattel goes local in Brazil, India

> India vegoil imports jump to all-time high in January - Reuters

VEGOILS-Market factors to watch Feb 15(Friday)

KUALA LUMPUR, Feb 15 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS

* Malaysian palm oil futures edged down to a two-week low on Thursday, as data showed stockpiles in the world's No.2 producer remained high and on improving weather in key soy-growing regions in South America.

* U.S. corn futures slipped for the 10th straight session on Thursday on crop-friendly weather in South America and expectations for rising global supplies, traders said.

* Oil prices edged up on Thursday as fears about U.S. gasoline supply pulled the complex higher, overshadowing concerns of weakening economic output in the euro zone. MARKET NEWS

* Global equity markets fell and the euro slid against the dollar on Thursday after data showed the euro zone slipped deeper into recession in late 2012 than had been expected, but deal-making helped Wall Street close near break-even. * Sugar and cocoa prices fell on Thursday as did prices of gold and silver, but the commodities behind some of Valentine's Day gifts have taken different paths from three years ago, with the sweets lower and the shiny items higher in price. RELATED NEWS

> Brazilian miller buys 100,000 T U.S. HRW wheat - trade

> U.S. Midwest farmland prices rise to record highs-Fed

> Rain reduces quality, prices of early Brazil soy harvest

> Drought joins U.S. farmers in the field for spring planting > India vegoil imports jump to all-time high in January - Reuters

DIARY - Malaysia - Feb 15 - Friday

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

FRIDAY, FEB 15

* IPOH, PERAK - Prime Minister Najib Razak launches Urban Transformation Centre (UTC) Perak at UTC Building, Ipoh at 1000am (0200), and attends Indigenous Community Gathering with Prime Minister and launches the Indigenous Changing Destination programme at Uitm Seri Iskandar field at 1500pm (0700).

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).

* KUALA LUMPUR - Deputy Prime Minister Muhyiddin Yassin hands over Bantuan Rakyat 1Malaysia (BRIM2.0) and meets the local community at Kuala Lumpur City Hall, Manjalara, Segambut at 1530pm (0730).

* KUALA LUMPUR - Umno Youth Exco meeting at Putra World Trade Centre at 1530pm (0730).

MONDAY, FEB 18

* KUALA LUMPUR - Launching of new look for bernama.com portal at Wisma Bernama, off Jalan Tun Razak, 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).

MONDAY, FEB 25 * KUALA LUMPUR - CIMB GROUP HOLDINGS BHD holds EGM at Sime Darby Convention Centre, Kuala Lumpur at 1400pm (0600). * KUALA LUMPUR - Lion Forest Industries Bhd holds EGM at Office Tower, Jalan Nagasari, off Jalan Raja Chulan, Kuala Lumpur at 1400pm (0600).

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

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

   

Did you find this article insightful?

Yes
No

Across The Star Online