Malaysia-Market factors to watch on May 20(Monday)


  • Business
  • Monday, 20 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-US dollar soars, stocks set new highs on Fed QE exit talk

SE Asia Stocks-Thai index up on MSCI; Singapore Airlines weak after results

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

* Malindo Air holds media conference to discuss expansion plans at Hangar 77, Airod Technology, Selangor after 9.30am to 1.00pm (0500).

* Domestic Trade and Consumer Affairs Ministry Hasan Malek opens National Conference of Companies Commission of Malaysia 2013, Hotel Royale Chulan, Kuala Lumpur, 9.15 am (0115)

* TH Plantations Bhd annual general meeting and extraordinary general meeting press conference, Hotel Istana Kuala Lumpur, Kuala Lumpur, 12.00 pm (0400).

MARKET NEWS

> Nikkei hits new 5 1/2-year high on real estate, agricultural shares

> US STOCKS-Dow, S&P end at records, stocks mark 4th week of gains

> TREASURIES-Prices fall on improved consumer sentiment

> FOREX-Dollar tops 103 yen, a 4-1/2-year high, on robust U.S. data

> PRECIOUS-Gold hits 1-month low as Fed pressured to end stimulus

> UPDATE 9-Oil rallies for third day, shrugging off firm dollar

> VEGOILS-Palm oil ends up 1 pct, posts 2nd straight weekly gain MALAYSIA IN THE NEWS:

> IILM seeks to secure primary dealers ahead of its maiden sukuk

> UPDATE 1-Malaysia's UMW may raise $1 bln in energy unit IPO - Reuters

VEGOILS-Market factors to watch May 20(Monday)

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

FUNDAMENTALS

* Malaysian palm oil futures rose on Friday, gaining for a second straight week, as investors pinned their hopes on a recovery in exports in the second half of May to help ease stocks.

* U.S. corn futures rose 1.8 percent on Friday, reversing three days of declines on strong cash markets as farmers focused on planting their 2013 crop rather than selling in the cash market, traders and analysts said.

* Oil rose for a third straight session on Friday, supported by a raft of strong economic data from top oil consumer the United States that also boosted U.S. equities, even as the dollar hit a multi-year high.

MARKET NEWS

* The U.S. dollar soared against major currencies on Friday on growing speculation that the Federal Reserve could soon begin to rein in its bond-buying program and after data showed U.S. consumer sentiment hit an almost six-year high in early May.

* Oil and copper prices ended up on Friday after stronger U.S. economic data and a stock market rally while corn rose on less crop sales by farmers, pushing commodities broadly higher.

RELATED NEWS

> Informa Economics sees fewer U.S. '13 corn acres than USDA

> Exporters sell U.S. soybeans to China, unknown - USDA - Reuters

DIARY - Malaysia - May 20(Monday)

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

MONDAY, MAY 20

* PETALING JAYA - EU-Malaysia Chamber of Commerce and Industry to organise Biomass Asia Conference 2013 at Sunway Putra Hotel, Sunway, Petaling Jaya at 0900am (0100).

* SERDANG, SELANGOR - Ministry of Transportation organises Customer Meeting Day at Panggung Percubaan University Putra Malaysia, Serdang at 0900am (0100).

* PUTRAJAYA - Former Information, Communications and Culture Minister Rais Yatim hands over ministerial duties to Communications and Multimedia Minister Ahmad Shabery Cheek and Tourism and Culture Minister Mohamed Nazri Abdul Aziz at Communications and Multimedia Ministry Complex, Precinct 4, Putrajaya at 0900am (0100).

* KUALA LUMPUR - Domestic Trade and Consumer Affairs Minister Hassan Malek opens National Conference of Companies Commission of Malaysia 2013 at Royale Chulan Hotel, Kuala Lumpur at 0915am (0115).

* SUBANG - Malindo Air Malaysia announces expansion and next phase of operation at Hangar77, Airod Aerospace Technology, jalan TUDM, Subang at 0930am (0130).

* KUALA LUMPUR - Association of Bumiputera Women Entrepreneur Network of Malaysia AGM and exclusive seminar on Empowering Women Through Entreprenuership at Plug & Play Technology Centre, The Gardens, South Tower, Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur at 0930am (0130).

* 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 - Maybank chairman Megat Zaharuddin Megat Mohd Nor presents cheque to Make-A-Wish Malaysia Foundation at Menara Maybank, Jalan Tun Perak, Kuala Lumpur at 1045am (0245).

* SUBANG JAYA - NCB Holdings Bhd holds AGM at Grand Dorsett Subang, Subang Jaya at 1045am (0245).

* KUALA LUMPUR - TH Plantation Bhd post-AGM and extraordinary general meeting (EGM) press conference at Istana Hotel, Kuala Lumpur at 1200pm (0400).

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

* SUBANG - TIME DOTCOM BHD holds AGM at The Saujana Hotel, Subang at 1400pm (0600).

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. * KUALA LUMPUR - The 14th Asian Oil, Gas & Petrochemical Engineering Exhibition at Kuala Lumpur Convention Centre at 1000am (0200) (to June 7).

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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