Malaysia-Market factors to watch on March 29 (Friday)


  • Business
  • Friday, 29 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- Stocks, euro rise after Cyprus banks reopen

SE Asia Stocks- Thai stocks retreat; Indonesia pushes to new record high

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

Deputy Information, Communications and Culture Minister Maglin Dennis D'Cruz launches Velicham weekly at Dewan Warisan Kebudayaan, Sultan Abdul Samad Building, Kuala Lumpur at 1400pm (0600).

MARKET NEWS

> Nikkei rises after S&P hits record, Cyprus concerns recede

> US STOCKS-S&P 500 ends at record closing high

> Euro zone bid helps bonds stem quarterly bleed

> Euro wins day vs U.S. dollar but loses first quarter

> Gold falls, down for quarter as safe-haven bid fades

> Oil settles higher, U.S. crude surges 5.9 percent in Q1

> VEGOILS-Palm slips to more than 1-wk low, investors await export data MALAYSIA IN THE NEWS:

> Sri Lanka's Dialog Axiata wins 4G spectrum for $25 mln

> Malaysia to buy 18 jet fighters, shortlists five makers

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

VEGOILS-Market factors to watch March 29(Friday)

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

FUNDAMENTALS

* Malaysian palm oil futures fell to a more-than-one-week low on Thursday, with investors avoiding risky moves as they await key industry export data due next week.

* U.S. corn futures dropped more than 5 percent for their biggest daily loss since May on Thursday after a government crop report showed the stockpile of the grain larger than analysts expected.

* Crude futures rose on Thursday, the last session of the first quarter, in choppy trading with stronger Wall Street equities and a weaker dollar supporting dollar-denominated oil prices. MARKET NEWS

* The benchmark S&P 500 stock index set a record closing high while the euro rose from a four-month low as banks in Cyprus reopened to relative calm on Thursday after the island's controversial bailout that taxed large depositors. * Natural gas and cotton prices fell on Thursday but posted quarterly double-digit percentage gains to lead commodities higher in the first three moths, as U.S. markets wrapped up trading for March ahead of the Good Friday holiday. RELATED NEWS

> U.S. hog herd expands slightly despite high feed costs

> USDA says US corn supply tops estimates, huge crop on way > Plantings of 8 major U.S. crops nearly same as 2012-USDA

DATA/EVENTS

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

DIARY - Malaysia - March 29(Friday)

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

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).

* KUALA LUMPUR - JobStreet.com holds press conference at Mid Valley Exhibition Centre, Mid Valley Megamall, Kuala Lumpur at 0900am (0100).

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).

* KUALA LUMPUR - Deputy Information, Communications and Culture Minister Maglin Dennis D'Cruz launches Velicham weekly at Dewan Warisan Kebudayaan, Sultan Abdul Samad Building, Kuala Lumpur at 1400pm (0600).

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).

* KUALA LUMPUR - Federal Territories and Urban Wellbeing Minister Raja Nong Chik Raja Zainal Abidin hands over offer letters to residents regarding redevelopment on the site of apartment and low-cost houses at Sri Melaka flat's field, Bandar Tun Razak, Kuala Lumpur at 1515pm (0715).

* KUALA LUMPUR - Institute of Bankers Malaysia signs memorandum of understanding with AmBank Group for chartered banker education pathway at AmBank Group Building, Jalan Raja Chulan, Kuala Lumpur at 1530pm (0730).

* KUALA LUMPUR - Information, Communications and Culture Minister Rais Yatim hands over contribution to families of Ops Daulat's fallen heroes, excellent students and PDRM arts talent at Dewan Pulapol, Jalan Semarak, Kuala Lumpur at 1530pm (0730).

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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