Malaysia-Market factors to watch on May 21(Tuesday)


  • Business
  • Tuesday, 21 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-Shares grind higher, yen rebounds on minister's remarks

SE Asia Stocks-Indonesia jumps after new finmin; Thailand at new high

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

* Malaysian Investment Development Authority Chief Executive Officer Noharuddin Nordin announces investment performance for the first quarter of this year, MIDA Sentral, Kuala Lumpur, 2.00 pm (0600).

MARKET NEWS

> Nikkei slips from 5-1/2-year high on stall in yen weakness > US STOCKS-Wall St ends flat on correction worries

> TREASURIES-Prices slip in choppy trading as investors await Fed

> FOREX-U.S. dollar retreats broadly on caution before Bernanke > PRECIOUS-Silver and gold lurch higher after early dive

> UPDATE 8-Oil ends higher on weaker dollar, supplies weigh

> VEGOILS-Palm oil ends off 1-mth high on weak exports

MALAYSIA IN THE NEWS:

> Malaysia's Tenaga unit issues $539 mln Islamic bonds to finance power plant

> POLL-Malaysia April inflation seen ticking up to 1.7 pct y/y on food costs

> CME to launch palm oil swaps contract on June 3 - Reuters

VEGOILS-Market factors to watch May 21(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 on Monday edged off their highest in more than a month, as data showing a drop in exports erased earlier gains on a higher soy market.

* U.S. old-crop soybean futures gained 1.1 percent on Monday as investors bought the front-month contract and sold new-crop offerings on expectations for plentiful supplies after the U.S. harvest in the fall, traders said.

* Crude oil prices rose on Monday against a weaker dollar, but ample oil supplies limited gains, even as equity markets hovered at record levels. MARKET NEWS

* Global equity markets mostly rose on Monday, driven higher by a flurry of merger and acquisition activity, while a recent tumble in the yen against the dollar halted after Japan's economy minister suggested the currency might have weakened enough.

* Precious metals markets jumped on Monday at the end of a roller-coaster session that opened with a gut-wrenching dive in silver prices, and oil overcame a weak start to close up too. RELATED NEWS

> Malaysia's May 1-20 palm oil exports down 6.6 pct -SGS

> Malaysia's May 1-20 palm oil exports down 9.4 pct -ITS

> CME to launch palm oil swaps contract on June 3 - Reuters

DIARY - Malaysia 21/05/13(Tuesday)

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

TUESDAY, MAY 21

* KUALA LUMPUR - Chief Economist of the Conference Board, Bart Van Art, speaks at the Malaysian Institute of Management-Conference Board Chief Executive Officer Challenge 2013 at The Royale Chulan Hotel, Kuala Lumpur at 0830am (0030).

* KUALA LUMPUR - Multimedia Development Corporation chief executive officer, Mohd Badlisham Ghazali announces MSC Malaysia's full financial year results at KL Hilton Hotel, Jalan Sentral, Kuala Lumpur at 0930am (0130).

* KUALA LUMPUR - Zurich Insurance Malaysia Bhd unveils new suite of Travel Insurance at Menara Zurich, Jalan Dewan Bahasa, Kuala Lumpur at 0930am (0130).

* PETALING JAYA - THS Resources Bhd holds AGM at Eastin Hotel, Petaling Jaya at 0930am (0130).

* PETALING JAYA - Dijaya Corp Bhd holds EGM at Tropicana Golf & Country Resort, Petaling Jaya at 0930am (0130).

* KUALA LUMPUR - Senate Council Special Meeting under 10(3) Regulation at Parliament House, Kuala Lumpur at 1000am (0200).

* PETALING JAYA - Perdana Petroleum Bhd holds AGM at The Royale Bintang Damansara, Mutiara Damansara, Petaling Jaya at 1000am (0200).

* KUALA LUMPUR - Mega First Corp Bhd holds AGM at Dewan Berjaya Bukit Kiara Equestrian and Country Resort, Jalan Bukit Kiara, Kuala Lumpur at 1000am (0200).

* PETALING JAYA - JPM Motorsport launches Super GT 2013 Round 3 Malaysia at Nouvelle Industrial Park, Kota Damansara, Petaling Jaya at 1000am (0200).

* PETALING JAYA - Bank Islam Malaysia Bhd launches Bank Islam Visa Debit Card-i Team Harimau at Wisma FAM, Petaling Jaya at 1030am (0230).

* KUALA LUMPUR - Stratasys exclusive 3D printing demonstration at Putra World Trade Centre, Kuala Lumpur at 1030am (0230).

* PUTRAJAYA - Deputy Prime Minister Muhyiddin Yassin meets senior officers of Education Ministry at Block E8, Complex E, Putrajaya at 1100am (0300), meets "1001 Inventions Principle" chief executive officer (CEO) Ahmed Salim, Science Discoveries Sdn Bhd operations director, David Oh at Education Ministry, Block E8, Complex E,, Putrajaya at 1400pm (0600), and meets senior officers of Higher Education at Education Ministry, Precinct 5, Putrajaya at 1445pm (0645).

* PETALING JAYA _ Ekowood International Bhd holds AGM at Eastin Hotel, Petaling Jaya at 1130am (0330).

* KUALA LUMPUR - Malaysian Investment Development Authority (MIDA) chief executive officer, Noharuddin Nordin announces investment performance for the first quarter of this year at MIDA Sentral, Jalan Stesen, Kuala Lumpur at 1400pm (0600).

* KUALA LUMPUR - Unesco Director-General, Irina Bokova calls on Deputy Prime Minister Muhyiddin Yassin at InterContinental Hotel, Kuala Lumpur at 2000pm (1200).

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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