Malaysia-Market factors to watch on May 27(Monday)


  • Business
  • Monday, 27 May 2013

KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related and market news whichcould have an influence on the local market.

GLOBAL MARKETS-Stimulus fears haunt share markets, dollar recovers

SE Asia Stocks-Indonesia, Vietnam recover from previous session's falls WHAT IS HAPPENING IN MALAYSIA, IN TIMES LOCAL FOLLOWED BY GMT:

* RHB Capital Bhd holds AGM at InterContinental Hotel, Jalan Ampang, Kuala Lumpur at 1100am (0300).

MARKET NEWS

> Tokyo's Nikkei share average falls 3.04 pct > US STOCKS-Wall St posts 1st weekly loss since mid-April on Fed angst

> TREASURIES-Prices rise, 10-year yields fluctuate around 2 pct

> FOREX-Dollar hangs back after worst week in a year

> PRECIOUS-Gold dips, but 2.15 pct weekly rise biggest in a month

> Oil edges up on book squaring, but posts big weekly drop

> Palm oil climbs to 1-mth high, posts 3rd weekly gain

MALAYSIA IN THE NEWS:

> EXCLUSIVE-Malaysia tycoon plans IPO of football club Cardiff City-sources

> AirAsia still wants jets after record orders > Soccer-I got carried away with QPR, says 'naive' Fernandes > Australia's Crown sells Echo stake; focus on Sydney casino plan

> Malaysian police arrest opposition figures in crackdown > Malaysia IHH's Q1 net profit up 3.67 pct > Thailand will not extend curbs on rubber exports beyond May

> Malaysia Maybank's Q1 net profit up 11.8 pct, above forecast. - Reuters

VEGOILS-Market factors to watch May 27(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 Thursday to their highest in more than a month, stretching gains to a third straight week as investors hoped for a recovery in demand ahead of the Muslim fasting month of Ramadan.

* Nearby U.S. soybean futures fell on Friday for the first time in seven sessions and spot corn futures eased after two days of gains as investors squared positions ahead of the three-day U.S. Memorial Day holiday weekend. * Brent oil prices crept higher on Friday, as traders exited short positions ahead of a long holiday weekend in the United States, but the weekly percentage drop was still the biggest in more than a month. MARKET NEWS

* Global equity markets slipped on Friday over worries the U.S. Federal Reserve may curb a stimulus program that has lifted stocks, while the dollar recovered against the euro after better-than-expected U.S. durable goods data for April. * Oil posted its biggest weekly loss in a month on Friday while copper was down slightly on both the day and week after a shaky demand outlook for industrial commodities from major consumer China. RELATED NEWS

> Malaysia's May 1-25 palm oil exports down 5.2 pct - ITS

> Specs raise bearish wheat bet as weather improves -CFTC

> Argentine soy, byproduct exports rising fast-export chamber

> Rain, congestion slow Brazil sugar, soy exports

> Indonesia sets domestic soybean price floor to protect farmers - Reuters

DIARY-Malaysia 2013 corporate earnings(Monday)

KUALA LUMPUR: Following is a list of release dates for the quarterly earnings of some top Malaysia-listed companies.

All dates are confirmed except those marked by a "T", which means it will be released around those dates.

TBD: To be determined

Company RIC PERIOD DATE

Genting Bhd Q1 May 30

Malaysian Airline System Bhd Q1 May 29

Sime Darby Bhd Q3 May 31. - Reuters

DIARY - Malaysia 27/05/13(Monday)

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

MONDAY, MAY 27

* KUALA LUMPUR - Deputy Education Minister 1 Mary Yap Kian Ching attends the opening of the International Conference and Exhibition Education Digital Education Show Asia 2013 at Hilton Hotel, Kuala Lumpur at 0900am (0100).

* KUALA LUMPUR - Navis Capital Management Sdn Bhd launches Business & Accountancy Centre of Excellence at Lee Yan Lian Building, SEGi College, Jalan Hang Lekiu, Kuala Lumpur at 1000am (0200).

* PENANG - Public Packages Holdings Bhd holds AGM at Plot 468 & 482, Jalan Perusahaan Baru, Prai Industrial Estate, Prai, Penang at 1000am (0200).

* KUALA LUMPUR - RHB Capital Bhd holds AGM at InterContinental Hotel, Jalan Ampang, Kuala Lumpur at 1100am (0300). * KUALA LUMPUR - Sourcefire Malaysia organises media briefing on Enriched Advanced Malware Protection at The Gardens Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur at 1200pm (0400).

TUESDAY, MAY 28

* PETALING JAYA - Boon Siew Honda launches the all-new Wave 110 at The Royale Bintang Damansara, Mutiara Damansara, Petaling Jaya at 1000am (0200).

* SHAH ALAM - Khind Holdings Bhd holds AGM at No 2, Jalan Askata U8/82, Section U8, Bukit Jelutong, Shah Alam at 1000am (0200).

* PENANG - Texchem Resources Bhd holds AGM at Traders Hotel, Megazine Road, Penang at 1030am (0230).

* KUALA LUMPUR - Ho Wah Genting Bhd holds AGM at Boulevard Hotel, Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur at 1100am (0300).

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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