Malaysia-Market factors to watch on March 20(Wednesday)


  • Business
  • Wednesday, 20 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 Malaysian market.

GLOBAL MARKETS-Shares end lower on Cyprus concerns, euro falls

SE Asia Stocks-Thailand, Philippines down; others recover WHAT IS HAPPENING IN MALAYSIA, IN TIMES LOCAL FOLLOWED BY GMT:

* Release of February 2013 Consumer Price Index.

* Permodalan Nasional Bhd announces income distribution for Amanah Saham Gemilang at Menara PNB, Jalan Tun Razak, Kuala Lumpur at 1200pm (0400 GMT).

* Malaysia's central bank governor holds press conference on economic outlook for the country at Bank Negara, 3.30pm (0730 GMT). MARKET NEWS

> Japan's Nikkei jumps 2 pct on exporters, recovers from Cyprus blow

> S&P 500 ends down, but off day's low after Cyprus vote

> Prices rise as Cyprus problems spur contagion fears

> Euro on defensive; market looks ahead to Bernanke

> Gold holds firm after Cyprus parliament rejects tax

> Brent oil falls 2 pct to 3-month low on Cyprus fears

> Palm oil rebounds, euro zone uncertainty caps gains MALAYSIA IN THE NEWS:

> Malaysian leader trumpets economic progress as election looms

> Trade, economy top agenda as China's Xi meets U.S.'s Lew

> Bank Indonesia hopes to use new rupiah market reference rate from April

> China eyes faster trade talks as trans-Pacific pact advances

> NEWSMAKER-Rusdi Kirana, typewriter salesman to airline suprem0. - Reuters

VEGOILS-Market factors to watch March 20(Wednesday)

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

FUNDAMENTALS

* Malaysian palm oil futures rebounded on Tuesday on bargain-hunting a day after a radical Cyprus bailout proposal had prompted declines, although gains were capped as uncertainty remained ahead of a vote on the plan.

* Chicago Board of Trade (CBOT) corn futures rose 1 percent on Tuesday, the biggest one-day advance in a week, to a six-week peak on dwindling supplies of corn, slow farmer selling and firm cash basis markets.

* Brent crude oil fell 2 percent to a three-month low under $108 a barrel on Tuesday as uncertainty over a bailout for Cyprus raised concern about the euro zone debt crisis and its impact on energy demand.

MARKET NEWS

* Global stock markets fell on Tuesday, extending the previous day's decline as investors continued to fret about Cyprus and the possible effect on the euro zone should the island nation default and its banking system collapse.

* Oil and copper prices hit multi-month lows on Tuesday and a number of commodities from gasoline to coffee closed down too as uncertainty over a bailout for Cyprus heightened concerns about the euro zone debt crisis. RELATED NEWS

> U.S. refiners rail against costly ethanol credits

> Major China soybean trader to cancel 2 mln T of Brazil cargoes

> Brazil sugar output to grow 6 pct in 2013/14 -analysts

> Egypt plans risky steps to ration subsidised bread

> UK wants end to EU sugar quotas in 2015 DATA/EVENTS

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

DIARY - Malaysia 20/03/13(Wednesday)

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

WEDNESDAY, MAR 20

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

* KUALA LUMPUR - Joint opening ceremony of Asean Elenex 2013/ Industrial Automation 2013/ Cired Asset Management Conference for Electrical Utilities at Kuala Lumpur Convention Centre at 0930am (0130).

* KUALA LUMPUR - Permodalan Nasional Bhd announces income distribution for Amanah Saham Gemilang at Menara PNB, Jalan Tun Razak, Kuala Lumpur at 1200pm (0400).

* 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).

* KUALA LUMPUR - Official launch of the Intermark by Performance Management & Delivery Unit's chief executive officer Idris Jala at Integra Tower, The Intermark, Jalan Tun Razak, Kuala Lumpur at 1900pm (1100).

THURSDAY MAR 21

* KUALA LUMPUR - Forum on Asean Comprehensive Investment Agreement by Malaysian Industrial Development Authority and Asean Secretariat at Berjaya Times Square Hotel, Kuala Lumpur at 0800am (0000).

* BUKIT GANTANG, PERAK - Public Transport Week at KM226, North-South Highway, Bukit Gantang Rest Area at 0800am (0000).

* SUBANG JAYA - International Seminar for New Approaches on Development of Affordable Homes by using the pre-frabicated IBS Concepts in Selangor at Dorsett Grand Subang Hotel, Subang Jaya at 0900am (0100).

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

* KUALA LUMPUR - The Intermark launches 15 mln rgt pedestrian bridge at The Intermark, Jalan Tun Razak, Kuala Lumpur at 0945am (0145).

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

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