Malaysia-Market factors to watch on May 28 (Tuesday)


  • Business
  • Tuesday, 28 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-European stocks claw back ground as markets steady

SE Asia Stocks-Weak globals knock region off highs; Philippine lags WHAT IS HAPPENING IN MALAYSIA, IN TIMES LOCAL FOLLOWED BY GMT:

* International Trade and Industry Minister Mustapa Mohamed meets representatives of associations and chambers of commerce, Dewan Delima, Kuala Lumpur, 11.00am (0300).

* Matrix Concepts Holdings Bhd to be listed on Bursa Malaysia Securities Bhd, Bukit Kewangan, Kuala Lumpur at 8.30am (0030).

* IGB Real Estate Investment Trust holds AGM at Cititel Mid Valley, Mid Valley City, Kuala Lumpur at 2.30pm (0630). MARKET NEWS

> Nikkei sheds 1.2 pct to break below 14,000, sentiment still fragile

> 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-Yen softer for now; Nikkei seen calling the shots

> PRECIOUS-Gold rises on physical demand as dollar dips

> Brent dips on weak economic data, ample supplies > Palm rises to 1 1/2-mth high, investor caution caps gains MALAYSIA IN THE NEWS:

> Two Malaysians charged in court for al Qaeda links

> Malaysia's May 1-25 palm oil exports down 2.1 pct -SGS

> Scania to deliver 360 city buses to Malaysia > Tata's Mistry man: tightening belts as more frugal era begins

> Moody's:MISC Q1 results softer but in line with our expectations. - Reuters

VEGOILS-Market factors to watch May 28(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 rose to their highest in more than 1-1/2 months on Monday, on optimism that stocks could ease further, although investor caution curbed gains.

* Brent oil crude futures edged lower on Monday, as last week's weaker data lingered over a market thinned by public holidays in the United States and Britain. MARKET NEWS

* Japanese stocks fell while the dollar held steady against the yen on Tuesday as market players awaited direction from U.S. and U.K. markets when they resume trade after holidays on Monday, following last week's turbulence.

* 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

> Malaysia's May 1-25 palm oil exports down 2.1 pct - SGS DATA/EVENTS

> Cargo surveyors to release Malaysian exports data for May on Friday. - Reuters

DIARY - Malaysia - May 28(Tuesday)

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

TUESDAY, MAY 28

* KUALA LUMPUR - Matrix Concepts Holdings Bhd to be listed on Bursa Malaysia Securities Bhd, Bukit Kewangan, Kuala Lumpur at 0830am (0030).

* KUALA LUMPUR - Third Women Deliver Global Conference at Kuala Lumpur Convention Centre at 0830am (0030).

* KUALA LUMPUR - UOA Development Bhd holds AGM at Sime DarbyConvention Centre, Kuala Lumpur at 0900am (0100).

* KUALA LUMPUR - PEMANDU media briefing on aerospace and automotive engineering service industry's outlook at Block A, Lot E, Platinum Sentral, Jalan Stesen Sentral, Kuala Lumpur at 0945am (0145).

* 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).

* KUALA LUMPUR - The first Lady of The Republic of Mozambique, Maria Da Luz Guebuza, has an audience with Raja Permaisuri Agong, Tuanku Hajjah Haminah at Istana Negara at 1000am (0200).

* KUALA LUMPUR - Prime Minister Najib Razak opens Third Women Deliver Global Conference at Kuala Lumpur Convention Centre at 1015am (0215), and witnesses the signing of a memorandum of understanding (MoU) between the National Service Training Programme (PLKN) and 1Malaysia for Youth (1M4U) at Prime Minister's Office, Putrajaya at 1500pm (0700). .

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

* KUALA LUMPUR - International Trade and Industry Minister Mustapa Mohamed meets representatives of associations and chambers of Commerce at Block 10, Jalan Duta, Kuala Lumpur at 1100am (0300).

* KUALA LUMPUR - Ho Wah Genting Bhdusiness/marketwatch/stocks/?qcounter=GENTING' target='_blank'>Genting Bhd holds AGM at Boulevard Hotel, Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur at 1100am (0300).

* KUALA LUMPUR - Natural Resources & Environment deputy secretary-general Mohd Ali Mohamad Nor delivers speech at the Malaysian Chamber of Mines' annual general meeting (AGM) and annual luncheon at Istana Hotel, Kuala Lumpur at 1200pm (0400).

* PUTRAJAYA - Deputy Prime Minister Muhyiddin Yassin attends the Cempaka School Outstanding Achievement in World Education Competition 2013 ceremony at Block E8, Complex E, Ministry of Education, Putrajaya at 1230pm (0430).

* KUALA LUMPUR - IGB Real Estate Investment Trust holds AGM at Cititel Mid Valley, Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur at 1430pm (0630).

* KUALA LUMPUR - Communication and Multimedia Minister Ahmad Shabery Cheek attends the Reader's Digest Trusted Brands Awards ceremony at Mandarin Oriental Hotel at 2000pm (1200).

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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Malaysia Market , Factors

   

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