Malaysia-Market factors to watch on March 19(Tuesday)


  • Business
  • Tuesday, 19 Mar 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 end down on Cyprus deal, pressured by banks

SE Asia Stocks-Down on Cyprus bailout worries; Thailand off 19-year high

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

* Prime Minister Najib Razak presents annual progress report on government-driven economic transformation programme at state broadcaster Radio Television Malaysia, 8.35 pm (1235 GMT)

MARKET NEWS

> Japan's Nikkei rebounds 1.5 pct from Monday's slide

> US STOCKS-Wall St ends lower on angst about Cyprus bailout plan

> TREASURIES-Yields hit lowest in 1-1/2 weeks on Cyprus bank fears

> FOREX-Euro nurses losses as Cyprus remains a thorn

> PRECIOUS-Gold hits 2-1/2 wk high as Cyprus spurs safe haven buying

> Brent crude oil down on Cyprus fears, bounces off 3-month low

> Palm oil edges lower as euro zone worries trigger selloff MALAYSIA IN THE NEWS:

> Shares in Australia's Lynas jump after Malaysian court win

> Airbus sells 234 planes to Lion Air in $24 bln deal

> INTERVIEW-Lion targets new airlines with Airbus jets, 2015 IPO

> POLL-Malaysia inflation rate likely up in February

> Japan PM Abe's Pacific trade pact gambit pays off, for now

> Lynas says Malaysian Federal Court dismisses challenge by SMSL

> Monument Mining says will abandon interest in Mersing Project in Malaysia - Reuters

VEGOILS-Market factors to watch March 19(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 lower on Monday, as traders turned cautious after a radical bailout proposal for Cyprus rattled investors and triggered a broad-based decline in commodities and financial markets.

* Chicago Board of Trade soybean futures fell for the fifth day in a row on Monday, sliding to a one-month low on concerns about a bailout plan for euro zone member Cyprus and on availability of a large South American soybean harvest.

* Brent crude oil slipped to near $109 a barrel on Monday after touching a three-month low, as a plan to tax bank accounts in debt-laden Cyprus sparked fears of further turmoil in the euro zone. MARKET NEWS

* Global stock markets fell on Monday as concerns over European sovereign debt returned to the forefront after the euro zone's decision on partially funding a bailout of Cyprus by taxing bank deposits.

* Commodities mostly fell on Monday after an unusual bank bailout proposal for Cyprus threatened fresh euro zone turmoil and pushed traders and investors to dump oil, metals and crop futures and buy gold as a hedge. RELATED NEWS

> India's 2012/13 oilseeds output up on rapeseed surge-trade body

> Frost hits Argentine soy fields, some yield loss expected > Showers help relieve U.S. drought; cold snap ahead DATA/EVENTS

> Cargo surveyors to release Malaysia's March 1-20 export data on Wednesday. - Reuters

DIARY - Malaysia - March 19(Tuesday)

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

TUESDAY, MAR 19

* KUALA LUMPUR - Asian World Summit's 5th Annual Corporate Governance Summit at Doubletree Hilton, Jalan Tun Razak, Kuala Lumpur at 0845am (0045).

* SHAH ALAM - Mercedes-Benz Malaysia Sdn Bhd signs memorandum of understanding (MoU) with SWM Environment Sdn Bhd at Saujana Resort, Jalan Lapangan Terbang Sultan Abdul Aziz Shah, Shah Alam at 1030am (0230).

* PETALING JAYA - Agilent Science by Agilent Technologies at One World Hotel, Petaling Jaya at 1100am (0300).

* KUALA LUMPUR - Neuramatix Distinguished Lecture Series at Hilton Sentral, Kuala Lumpur at 1415pm (0615). * KUALA LUMPUR - Prime Minister Najib Razak meets with Telekom Malaysia (TM) employees at TM Headquarters, Bangsar, Kuala Lumpur at 1200pm (0400), and attends the launching ceremony of a biography of his wife, Rosmah Mansor, by former prime minister Mahathir Mohamad at the Grand Hyatt Hotel, Jalan Pinang, Kuala Lumpur at 1600pm (0800).

* SHAH ALAM - Higher Education Minister Mohamed Khaled Nordin opens the Selangor National Higher Education Fund Corporation (PTPTN) office and launches Sahabat PTPTN and 1Malaysia Poor Students Dund at Shah Alam Convention Centre, Shah Alam at 1130am (0330).

* KUALA LUMPUR - Gabungan Koperasi Pengangkutan Wilayah Tengah Malaysia Bhd and MyTeksi to launch Malaysia's largest taxi driver network (COOP MYTEKSI) at Pusat Belia Antarabangsa, Bandar Tun Razak, Cheras, Kuala Lumpur at 1500pm (0700).

* SUBANG JAYA - Rural and Regional Development Minister Mohd Shafie Apdal visits the family of the late Ibrahim Lebar at No. 45, Jalan Subang USJ9/5F, UEP Subang Jaya at 1630pm (0830).

* KUALA LUMPUR - Federal Territories and Urban Well-being Minister Raja Nong Chik Raja Zainal Abidin performs ground-breaking of Jalan Wirawati 1Malaysia library project at Jalan Wirawati, Kampung Pandan at 1630pm (0830).

* KUALA LUMPUR - Prime Minister Najib Razak launches annual reports of the Government Transformation Programme (GTP) and the Economic Transformation Programme (ETP) at Angkasapuri, Kuala Lumpur at 2000pm (1200).

WEDNESDAY, MAR 20

* KUALA LUMPUR - Release of February 2013 Consumer Price Index.

* KUALA LUMPUR - Bank Negara Malaysia (BNM) Annual Report and Financial Stability and Payment Systems Report 2012 briefing at Bank Negara Malaysia, Jalan Datuk Onn, Kuala Lumpur at 1500pm (0700).

* PETALING JAYA - Malaysian Takaful Association Takaful Starnite 2013 at One World Hotel, Petaling Jaya at 1845pm (1045).

THURSDAY MAR 21

KUALA LUMPUR - Mitsubishi Motors Malaysia will launch its first electrical vehicle, i-MiEV at Sag Star (Chan Sow Lin), Kuala Lumpur at 0930am (0130).

FRIDAY, MAR 22

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

SATURDAY, MAR 23 * KUALA LUMPUR - A seminar on CIMB Traders & Investors Day at BURSA MALAYSIA BHD, Exchange Square, Bukit Kewangan, Kuala Lumpur at 0800am (000).

TUESDAY, MAR 26

LANGKAWI, KEDAH - Langkawi International Maritime & Aerospace exhibition 2013 (industry only) at Langkawi at 1000am (0200).

WEDNESDAY, MARV 27

KUALA LUMPUR - The 14th National Human Resources Summit, "Changing with the Times -- The new Face of Human Resources", at Prince Hotel & Residence, Jalan Conlay, Kuala Lumpur at 0900am (0100).

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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