Malaysia-Market factors to watch on May 14 (Tuesday)


  • Business
  • Tuesday, 14 May 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-Stronger U.S. dollar hits oil, gold; stocks pause

SE Asia Stocks-Most weak; Malaysia, Vietnam buck trend

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

* Deloitte Oil and Gas Summit, MeetPoint 2, Deloitte Malaysia, Level 13A, Uptown 1, Damansara Uptown, Jalan SS21/58, Petaling Jaya at 8.30 am (0030 GMT).

* Red Hat Inc updates 2013 business overview, Suite 1, Level 7, Kuala Lumpur Hilton, Sentral Stesen, Kuala Lumpur at 11 am (0300 GMT)

* IOI Corp holds media briefing on major corporate exercises, Garden Ballroom, Putrajaya Marriott Hotel & Spa, Putrajaya at 2 pm (0600 GMT).

MARKET NEWS

> Nikkei hits new 5-1/2-yr high on weak yen; financials, exporters lead

> Wall St ends near flat after recent highs; healthcare climbs

> Prices fall as U.S. retail data hint at recovery

> Dollar up for 3rd straight session; US retail sales help

> Gold down 1 pct on fund outflows, economic hopes

> Oil falls as China demand slows, U.S. gasoline sales dive

> Palm edges off one-month high as weak exports weigh MALAYSIA IN THE NEWS:

> INTERVIEW-Boeing aims to keep building F/A-18 jets through 2020

> INTERVIEW-Top India iron ore exporting state sees mining resuming by December

> UPDATE 1-AIRASIA X eyes $300 mln IPO as airlines gear up for fund-raising

> Vietnam rubber firms illegally take land in Cambodia, Laos, group says

> Iran sets June Iranian Light OSP at $2.21/bbl over Oman/Dubai for Asia

> Taiwan gives Philippines ultimatum after fatal shooting of fisherman. - Reuters

VEGOILS-Market factors to watch May 14)Tuesday)

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

FUNDAMENTALS

* Malaysian palm oil futures eased from a one-month high on Monday as worries about weak exports prompted profit-taking and offset initial gains driven by slowing inventory levels.

* U.S. corn futures advanced on Monday on firm cash markets and concerns that another round of showers would stall planting late this week in the U.S. Midwest, where producers are scrambling to catch up after a cool, wet spring delayed field work.

* Crude oil prices settled lower on Monday after a choppy day of trading, hit by slowing oil demand in China and data showing the biggest drop for U.S. retail gasoline sales in more than four years. MARKET NEWS

* The dollar strengthened against the yen and other major currencies on Monday after the Group of Seven backed Japan's efforts to spur growth through aggressive asset purchases, while oil and gold prices fell on the stronger greenback.

* Oil prices dropped their most in two weeks on Monday on data pointing to lighter U.S. and China energy demand, and gold slipped too as stronger U.S. retail sales boosted risk appetite among some investors that dulled the metal's safe-haven lure. RELATED NEWS

> China 2013/14 corn imports seen up 85 pct on planting delay

> Vietnam rubber firms illegally take land in Cambodia - report

> Corn, soybean spreads rally on short covering before May expiry

> ICE cocoa rises up from support, arabica consolidates up

> POLL-U.S. corn planting 29 pct complete, soy planting 10 pct

> China 2013/14 corn imports seen up 85 pct on planting delay

> INTERVIEW-India's cheap food plans to cost more than budgeted

> Cargill says corn grind reduced after outage at Iowa processor

> Brazil's sugar output surged in late April -Unica DATA/EVENTS

> Cargo surveyors to release Malaysia's May 1-15 exports data on Wednesday. - Reuters

DIARY - Malaysia 14/05/13(Tuesday)

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

TUESDAY, MAY 14

* PETALING JAYA - Deloitte Oil and Gas Summit at MeetPoint 2, Deloitte Malaysia, Uptown 1, Damansara Uptown, Jalan SS21/58, Petaling Jaya at 0830am (0030).

* KUALA LUMPUR - PPB Group Bhd holds AGM at Shangri-La Hotel, Kuala Lumpur at 1000am (0200).

* KUALA LUMPUR - The Fourth Asia-Europe Meeting of Ministers for Education (ASEMME) at The Royale Chulan Hotel, Kuala Lumpur at 0900am (0100).

* KUALA LUMPUR - Red Hat Inc updates 2013 business overview at Kuala Lumpur Hilton Hotel, Sentral Stesen, Kuala Lumpur at 1100am (0300).

* SUBANG - Prime Minister Najib Razak receives courtesy call from Inspector-General of Police (IGP) Ismail Omar at Prime Minister's Department, Perdan Putra Building, Putrajaya at 1200pm (0400), and attends a special ceremony in conjunction with James Anthony Tan's return from '1Malaysia Mission Around the World' at The Royal Malaysian Air Force (RMAF) airbase in Subang at 1600pm (0800).

* PUTRAJAYA - IOI Corp Bhd holds media briefing on major corporate exercises at Putrajaya Marriott Hotel & Spa, Putrajaya at 1400pm (0600).

WEDNESDAY, MAY 15

* KUALA LUMPUR - Release of 1st Quarter 2013 GDP.

* KUALA LUMPUR - BIMB HOLDINGS BHD holds AGM at Menara Yayasan Tun Razak, Jalan Bukit Bintang, Kuala Lumpur at 1000am (0200).

* KLANG, SELANGOR - WCT Bhd holds AGM at Premiere Hotel, Bandar Bukit Tinggi, Jalan Langat, Klang at 1030am (0230).

* SHAH ALAM - Sinar Harian organises "Pasca Pilihan Raya Umum 13 (PRU13) - Kemana Haluan Politik Melayu" at Auditorium Kompleks Kumpulan Media Karangkraf, Jalan Renggam, Section 15, Shah Alam at 1430pm (0630).

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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Malaysia-Market , Factors

   

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