Malaysia-Market factors to watch on May 17(Friday)


  • Business
  • Friday, 17 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 Malaysian market. GLOBAL MARKETS-Stocks slip, dollar gains on Fed policy remarks

SE Asia Stocks-Philippines ends rally; Malaysia falls to 1-week low

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

* International Trade and Industry Minister Datuk Seri Mustapa Mohamed holds press conference after welcoming ceremony on his reappointment to the post, Dewan Delima, Block 10, Government Complex, Jalan Duta, Kuala Lumpur. -- 8.30 am

* Land Public Transport Commission to organise 'Dialogue on Role of Trucks and Bus Companies in contributing towards Safer Roads and on Challenges of Talents Recruitment in the Heavy Vehicle Industry in Malaysia' at Impiana Hotel, Kuala Lumpur at 0900am (0100).

* Ministry of Higher Education organises the pre-launch of entrepreneurial career fairs & 2013 Graduates (K3G13) at Sri Pantas, Persiaran Bandar Utama, Petaling Jaya at 0930am (0130).

* VADS Bhd chief executive officer (CEO) Ahmad Azhar Yahya receives IS027001 certificate from SIRIM QAS International at Plaza VADS, Jalan Tun Fuad, Taman Tun Dr Ismail, Kuala Lumpur at 0930am (0130).

* TECHFAST HOLDINGS BHD holds AGM at Bankers Club KL, Amoda Building, Jalan Imbi, Kuala Lumpur at 1000am (0200).

* Sunway University organises Jeffrey Cheah distinguished speaker series presenting Professor Dwight Perkins at Sunway University , Bandar Sunway, Petaling Jaya at 1730pm (0930). MARKET NEWS

> Tokyo's Nikkei share average opens down 0.74 pct

> Wall Street slips after Fed comments, but Cisco surges

> Prices gain on weak U.S. economic data, low inflation

> Dollar recovers vs the euro and yen after Williams speaks

> Gold slides to 4-week low as investors sidestep bullion

> Oil ends slightly up, dour U.S. economic data caps gains

> Palm oil rises after 3-day fall on export hopes MALAYSIA IN THE NEWS:

> Asia Pacific IPOs in busiest deal week since 2011

> USD/MYR may consolidate btw 3.0050-3.0150 intraday

> Singapore Airlines results disappoint, capacity cuts planned

> Islamic finance needs global sharia board - IDB president

> Global firms look past India weakness, bet on spending power - Reuters

VEGOILS-Market factors to watch May 17(Friday)

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

FUNDAMENTALS

* Malaysian palm oil futures rose on Thursday as buyers returned after three straight sessions of losses, and investor sentiment brightened for exports to recover in the second half of May.

* U.S. corn futures fell for the third consecutive session on Thursday as expectations that dryer weather would allow Midwest farmers to accelerate planting continued to weigh on prices.

* Brent June crude oil futures expired slightly higher on Thursday, buoyed by a weaker dollar even as a bevy of slack U.S. economic data capped gains in the stock market. MARKET NEWS

* Global equity markets fell on Thursday after a regional president of the Federal Reserve said the U.S. central bank could begin to ease up on its loose monetary policy this summer, leading the dollar to recover against the euro. * Most commodity markets slipped on Thursday, after a slew of U.S. economic readings pointed to pockets of weakness that investors feared could slow demand, and gold eased as investors rotated into equity markets, which have outperformed the precious metal this year. RELATED NEWS

> Singapore commodity firms crimp spending in challenging times > Indonesia coffee premiums hit highest since Jan on slow arrivals

> Corn falls as U.S. crop prospects improve; soy rallies > Iran 2013/14 wheat imports to tumble as stocks swell > Hungarian ethanol firm says it alerted EU over Platts pricing > ICE sugar falls to near 3-year low, cocoa futures down DATA/EVENTS

> Cargo surveyors to release Malaysia's May 1-20 exports data on Monday. - Reuters

DIARY - Malaysia - May 17(Friday)

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

FRIDAY, MAY 17

* KUALA LUMPUR - International Trade and Industry Minister Mustapa Mohamed holds press conference at Block 10, Government Complex, Jalan Duta, Kuala Lumpur at 0830am (0030).

* KUALA LUMPUR - Land Public Transport Commission to organise 'Dialogue on Role of Trucks and Bus Companies in contributing towards Safer Roads and on Challenges of Talents Recruitment in the Heavy Vehicle Industry in Malaysia' at Impiana Hotel, Kuala Lumpur at 0900am (0100).

* PETALING JAYA - Ministry of Higher Education organises the pre-launch of entrepreneurial career fairs & 2013 Graduates (K3G13) at Sri Pantas, Persiaran Bandar Utama, Petaling Jaya at 0930am (0130).

* KUALA LUMPUR - VADS Bhd chief executive officer (CEO) Ahmad Azhar Yahya receives IS027001 certificate from SIRIM QAS International at Plaza VADS, Jalan Tun Fuad, Taman Tun Dr Ismail, Kuala Lumpur at 0930am (0130).

* KUALA LUMPUR - Techfast Holdings Bhd holds AGM at Bankers Club KL, Amoda Building, Jalan Imbi, Kuala Lumpur at 1000am (0200).

* PETALING JAYA - Sunway University organises Jeffrey Cheah distinguished speaker series presenting Professor Dwight Perkins at Sunway University , Bandar Sunway, Petaling Jaya at 1730pm (0930).

MONDAY, MAY 20

* KUALA LUMPUR - SINO HUA-AN INTERNATIONAL BHD holds AGM at Sime Darby Convention Centre, Kuala Lumpur at 0930am (0130).

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

* KUALA LUMPUR - Stemlife Bhd holds AGM at Corus Hotel, Kuala Lumpur at 1400pm (0600).

* SUBANG - TIME DOTCOM BHD holds AGM at Saujana Resort, Subang.

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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