Malaysia-Market factors to watch on Feb 21(Thursday)


  • Business
  • Thursday, 21 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 sink as Fed minutes suggest QE3 rift

SE Asia Stocks-Manila, Jakarta set new record; Thai at 19-year high

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

*The Construction Industry Development Board signs memorandum of understanding (MoU) with MRT Corp Sdn Bhd at Seri Pacific Hotel, Kuala Lumpur at 0830am (0030). MARKET NEWS

> Nikkei edges lower on weak Wall St; BOJ gov appointment awaited

> US STOCKS-Wall St slides as Fed minutes spark concern

> U.S. bond prices cling to gains after Fed minutes

> FOREX-U.S. dollar up on hedge fund talk, Fed minutes

> Gold dives to lowest since July on Fed, hedge fund talk

> Oil slumps on fund rumor; Saudi output, Iran talks eyed

> Palm edges down in choppy trade; demand worries weigh MALAYSIA IN THE NEWS:

> Malaysia's AIRASIA forming Indian airline JV with Tata

> Soccer-Scared players need support to fight match-fixing

> Petronas $700 mln credit facility for Bangladesh

> Malaysia economy surges in Q4 on strong domestic demand

> Malaysia's Q4 C/A surplus rises to 22.8 bln ringgit

> Malaysia's private consumption growth strong in 2012-c.bank

> Malaysia Jan inflation up 1.3 pct y/y, above forecast > Soccer-AFC, INTERPOL begin seminar on match-fixing 'cancer'

> Malaysia's Tune Insurance up 2.2 pct in debut after $100 mln IPO - Reuters

VEGOILS-Market factors to watch Feb 21

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

* Malaysian palm oil futures edged down in choppy trade on Wednesday as dismal export data offset optimism that demand could get a boost if dry Latin American weather dents supply of rival soyoil.

* U.S. soybeans rose nearly 1 percent on Wednesday, posting the biggest three-day gain in seven months, on concerns about shrinking old-crop stocks as Argentine harvest prospects wane and brisk exports of U.S. soy draw down razor-thin supplies.

* Crude oil posted its biggest daily fall so far in 2013 on Wednesday, joining a sell-off in precious metals and copper as market rumors circulated that a hedge fund was forced to liquidate substantial commodity positions. MARKET NEWS

* Global equity markets fell on Wednesday after some Federal Reserve policy-makers said last month the central bank may have to stop or slow its bond-buying program before hiring picks up, while oil slid on the prospect of a boost in Saudi supply.

* Commodities tumbled on Wednesday amid speculation a hedge fund had been forced to liquidate positions across metals and oil markets, and gold fell to more than a seven-month low on worries that the U.S. economic stimulus may soon dry up. RELATED NEWS

> Brazil strike threats concern as record soy harvest hits ports

> Drought-busting rain and snow sweeping US Plains/Midwest

> Malaysia's Feb 1-20 palm oil exports down 0.3 pct -SGS [ID: nL4N0BK36O] - Reuters

DIARY - Malaysia - Feb 21(Thursday)

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

THURSDAY, FEB 21

* KUALA LUMPUR - The Construction Industry Development Board inks memorandum of understanding (MoU) with MRT Corp Sdn Bhd at Seri Pacific Hotel, Kuala Lumpur at 0830am (0030).

* KUALA LUMPUR - Asian Corporate Giants forum on "Rise of Emerging Markets and Asian Corporates Giants" by ASLI at Sheraton Imperial Hotel, Kuala Lumpur at 0845am (0045).

PUTRAJAYA - Soft launch of Malaysia International Tourism Exchange by Tourism Minister Ng Yen Yen at Ministry of Tourism, Putrajaya at 0900am (0100).

* KUALA LUMPUR - Takaful Ikhlas launches new product called ChoicePlus at Istana Hotel, Kuala Lumpur ar 0930am (0130).

KUALA LUMPUR - Official opening of Malaysia Technology Expo and Malaysia International Design Expo & Award Exhibition at Putra World Trade Centre, Kuala Lumpur at 0930am (0130).

SHAH ALAM - Digi.com Bhd challenge for change: chief executive officer (CEO) roundtable and announcement of winners for ideation phase at Studio D'House, Jalan Delima 1/1, Subang HiTech Industrial Park, Shah Alam at 0930am (0130).

KUALA LUMPUR - ACCA launches ACCA Malaysia Sustainability Reporting Awards 2013 and releases report on "Retaining Women in the Workforce" at KL Hilton Hotel at 0930am (0130).

SHAH ALAM - Honda Sdn Bhd launch of the new Honda CRZ hybrid at Setia City Convention Centre, Jalan Setia Dagang AG U13/AG, Setia Alam, Section U13, Shah Alam at 0945am (0145).

KUCHING, SARAWAK - Standard Chartered to open first Islamic branch in Sarawak at Standard Chartered Saadiq, The Spring Shopping Mall, Kuching at 1000am (0200). * KUALA LUMPUR - International Trade and Industry Minister Mustapa Mohamed attends networking session with the private sector and the media at Block B, Government Offices Complex, Jalan Duta, Kuala Lumpur at 1100am (0300). * KUALA LUMPUR - Press conference by Maybank Group on financial results for 2012 at Menara Maybank, Jalan Tun Perak, Kuala Lumpur at 1300pm (0500). * KUALA LUMPUR - Axiata Group Bhd announces financial results for full year 2012 at Axiata, Quill 7, Kuala Lumpur Sentral, Kuala Lumpur at 1330pm (0530). * KUALA LUMPUR - Deputy Prime Minister Muhyiddin Yassin meets trade union leaders at CIDB Convention Hall, Jalan Chan Sow Lin, Kuala Lumpur at 1500pm (0700).

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).

WEDNESDAY, FEB 27

PETALING JAYA - Petra Energy Bhd holds EGM at The Royale Bintang Damansara, Mutiara Damansara, Petaling Jaya at 1100am (0300).

THURSDAY, FEB 28

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

FRIDAY, MAR 1

KUALA LUMPUR - Director of International Economic and Financial Affairs in the European Commission's Directorate General for Economic and Financial Affairs, Dr Peter Bekx gives a talk on the impact of the sovereign debt crisis in Europe and the future of the Euro at the Westin 1 Ballroom, The Westin Kuala Lumpur at 1430pm. (0630).

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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