Malaysia-Market factors to watch on March 28(Thursday)


  • Business
  • Thursday, 28 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 slip, euro at 4-month low on Cyprus fears

SE Asia Stocks-Philippines outperforms after Fitch upgrade; Indonesia hits record

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

* Bank Negara Governor Zeti Akhtar Aziz holds media conference on "Financial Stability Board Regional Consultative Group for Asia" conference, Hall 1, Ground Floor, Sasana Kijang, Kuala Lumpur at 530 pm (0930GMT)

* Bursa Malaysia Bhd convenes 36th annual general meeting, Tun Dr Ismail Hall, Level 2, Putra World Trade Centre, Kuala Lumpur at 2 pm (0600GMT)

* Maybank annual general meeting, Sime Darby Convention Centre, Ground Floor, 1A, Jalan Bukit Kiara 1, Kuala Lumpur at 12 pm (0400GMT) MARKET NEWS

> Nikkei edges down, weakness in euro to weigh

> Wall St ends flat on late buying, Cyprus woes linger

> Yields lowest in three weeks on euro zone safety bid

> Worries about Italy & Cyprus take toll on euro

> Gold edges up on euro zone fears, Fed stimulus hopes

> Oil higher but rising crude inventories limit gains

> Palm oil prices inch up, lower output expected to cut stocks MALAYSIA IN THE NEWS:

> INTERVIEW-Malaysia's Najib says economy at risk from weak election result

> FACTBOX-UBS is Asia Pacific's top stock underwriter, fee earner in Q1 2013

> ANALYSIS-Southeast Asia ready to build, but will investors come?

> Malaysia reviews operations of Islamic endowments - Reuters

VEGOILS-Market factors to watch March 28(Thursday)

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

FUNDAMENTALS

* Malaysian palm oil futures inched up on Wednesday on expectations that lower production may ease stocks further, but worries over the euro zone curbed appetite for risk.

* U.S. corn dipped on Thursday, succumbing to profit-taking ahead of the Easter holiday and after the grain hit a seven-week high in the previous session, supported by a slide in ethanol stocks.

* Crude oil prices rose on Wednesday in choppy trading as U.S. heating oil rallied on falling distillate inventories, while rising crude oil stockpiles in the United States and the stronger dollar limited gains. MARKET NEWS

* Major stock markets fell and the euro slumped to a four-month low against the dollar on Wednesday, hit by a disappointing Italian bond auction and concern about a wider impact on the euro zone from Cyprus's bailout.

* Commodities staged one of their broadest rallies of the year on Wednesday as market fundamentals drove up oil, metals and agricultural futures despite a stronger dollar, which usually tends to weigh on prices. RELATED NEWS

> Indonesia to rely on soybean imports beyond 2014 -minister

> Angry farmers, unsold rice: Thai intervention near crisis?

> Lanworth sees 2013/14 China corn crop up 4 percent > Agroconsult raises Brazilian soy crop forecast > ICE sugar edges up on technical support near 2-1/2-year low

> Key US senator blames speculators for high ethanol RIN price

DATA/EVENTS

> Cargo surveyors to release Malaysia's March export data on Monday. - Reuters

DIARY - Malaysia 28/03/13(Thursday)

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

THURSDAY, MAR 28

* KUALA LUMPUR - Prime Minister's wife Rosmah Mansor opens Women in Leadership Forum at Royale Chulan Hotel, Kuala Lumpur at 0930am (0130).

* KUALA LUMPUR - Memorandum of Understanding (MoU) signing between Universiti Teknologi Malaysia (UTM) with International University of Sarajevo, solar sponsor Decathlon China, AECOM Sdn Bhd and Malaysian Green Technology Corporation at Razak Tower, UTM Kuala Lumpur at 0915am (0115).

* KUALA LUMPUR - Japan Association for Malaysia Studies and Malaysia Association of Japan Studies hold joint seminar , an international symposium on the New Dimension of the Look East Policy at Faculty of Arts and Social Sciences, University Malaya, Kuala Lumpur at 0930am (0130).

* KUALA LUMPUR - Dewan Pernigaan Melayu Malaysia launches Affordable Low Cost 1Malaysia concept at Seri Pacific Hotel, Kuala Lumpur at 0930am (0130).

* SHAH ALAM - Minister in the Prime Minister's Department Jamil Khir Baharom launches Islamic Quality Standard for Hotel book at Grand Blue Wave Hotel, Shah Alam at 0945am (0145).

* KUALA LUMPUR - Housing and Local Government Minister Chor Chee Heung launches website and winner of medium cost houses programme design at Seri Pacific Hotel, Kuala Lumpur at 1000am (0200).

* KUALA LUMPUR - Malaysian Investment & Stock Exchange Expo 2013 update press conference at Putra World Trade Centre, Kuala Lumpur at 1030am (0230).

* KUALA LUMPUR - Malayan Banking Bhd (Maybank) holds AGM at Sime Darby Convention Centre, Jalan Bukit Kiara, Kuala Lumpur at 1200pm (0400).

* PUTRAJAYA - Deputy Prime Minister Muhyiddin Yassin receives courtesy call from the Governor of Yunnan, China, Li Jiheng at Deputy Prime Minister's Office, Perdana Putra Building, Putrajaya at 1330pm (0540).

* KUALA LUMPUR - Tourism Minister Ng Yen Yen opens Malaysia International Shoe Festival 2013 at Putra World Trade Centre at 1330pm (0530).

* KUALA LUMPUR - Federal Territories and Urban Wellbeing Minister Raja Nong Chik Raja Zainal Abidin launches Lucky Draw ceremony and presents Bukit Jalil PPR offer letters to police and military retirees at DBKL Auditorium, DBKL 1 Tower, Jalan Raja Laut, Kuala Lumpur at 1345pm (0545).

* KUALA LUMPUR - Bursa Malaysia Bhd convenes 36th annual general meeting (AGM) at Putra World Trade Centre at 1400pm (0600).

* PUTRAJAYA - Johor Corp announcement of financial year ended 2012 performance at Pullman Putrajaya Lakeside, Putrajaya at 1615pm (0815).

* KUALA LUMPUR - International Trade and Industry Minister Mustapa Mohamed holds media conference on "E&E 2.0" at Block 10, the ministry (MITI), Jalan Duta, Kuala Lumpur at 1630pm (0830).

* KUALA LUMPUR - Bank Negara Malaysia Governor Zeti Akhtar Aziz holds media conference on "Financial Stability Board Regional Consultative Group for Asia" at Sasana Kijang, Kuala Lumpur at 1730pm (0930).

FRIDAY, MAR 29

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

* KUALA LUMPUR - Women in Leadership Forum Asia 2013 to feature dynamic sessions involving prominent female business leaders at The Royale Chulan Hotel, Kuala Lumpur at 0800am (0000).

* PUTRAJAYA - Deputy Minister of Higher Education Saifuddin Abdullah launches CPPS Book at Pullman Hotel, Putrajaya at 1100am (0300).

* PETALING JAYA - The Malaysian Automotive Association (MAA) holds AGM at Sunway Resort Hotel, Persiaran Lagoon, Bandar Sunway, Petaling Jaya at 1145am (0345).

* SEPANG - Malaysia Airports Holdings Bhd holds 14th AGM at Sama-Sama Hotel, KL International Airports, Sepang at 1145am (0345).

* SEPANG - AirAsia Bhd to relaunch Big Global Loyalty Programme at Public Concourse, LCT Terminal, Sepang at 1400pm (0600).

* KUALA LUMPUR - 37th Islamic Banking and Finance Discussion Series on Recent Development in International Regulatory Requirements for Islamic Banking and Finance updates from Turkey at Institute of Islamic Banking and Finance (lliBF) Damansara, Kuala Lumpur at 1500pm (0700).

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

Next In Business News

UBS reaps rich rewards from pandemic trading frenzy
Poh Huat says 543 workers tested positive for Covid
Advancecon unit takes on ECRL subgrade works for RM60.58mil
Bursa bounces higher on Health DG's comments
Hefty fines for unlisted public firms raising funds without prospectus
Kamal Khalid joins Celcom as chief corporate, transformation officer
Public Bank shares jump as bonus shares go ex
Tencent shares drop after nearing US$1 trillion valuation
Ringgit reverses recent losses against greenback
Quick take: Key ASIC rises 16% on new contract

Stories You'll Enjoy


-->