Malaysia-Market Factors To Watch On July 239Tuesday)


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 near 5-year high, yen gains on Japan elections
 
SE Asia Stocks-Most up, Indonesia weakens on consumer stocks
 
WHAT IS HAPPENING IN MALAYSIA, IN TIMES LOCAL FOLLOWED BY GMT:
 
 * ABM Fujiya Bhd initial listing ceremony at Bursa Malaysia Bhd, Bukit Kewangan, Kuala Lumpur at 0815am (0015).
 
 * Second Finance Minister Ahmad Husni Hanadzlah delivers keynote address at 17th Malaysian Banking Summit at Istana Hotel, Kuala Lumpur at 0900am (0100).
 
 * Malaysian Investment Development Authority (Mida) to organise media announcement on the domestic investment strategic fund at Perdana Hall, MIDA Sentral, KL Sentral, Kuala Lumpur at 1300pm (0500).
 
 * World Islamic Economic Forum (WIEF) Chairman, Musa Hitam updates on upcoming 9th Wife in London at WIFE Foundation, Hampshire Place Office, Jalan Mayang Sari, Kuala Lumpur at 1330pm (0530).
 
 
 
* Malaysia Airport Holdings Bhd announces its financial results for second-quarter 2013 at Malaysia Airport Corporate Office, Persiaran Korporat KLIA, Sepang at 1330pm (0530).
 
 * Ministry of International Trade and Industry to organise Malaysia Automotive Institute Auto Industry Talks at Renaissance Hotel, Kuala Lumpur at 1630pm (0830).
 
 * Tourism and Culture Minister Mohamed Nazri Abdul Aziz attends National Visual Arts Gallery's breaking-of-fast at National Visual Arts Gallery, Kuala Lumpur at 1700pm (0900).
 
 MARKET NEWS
 
 > Nikkei gains as Abe's big election win boosts economic recovery hopes
 
 > Wall St edges higher despite McDonald's disappointment
 
 > Prices stable before new supply
 
 > Yen rises after Japan vote; euro up on Portugal optimism > Gold surges above $1,300-an-ounce level, bears seek cover
 
 > U.S crude ends lower on profit-taking, Brent up slightly
 
 > Palm creeps up on hopes for smaller output rise
 
 MALAYSIA IN THE NEWS:
 
 > Busy global oilfields shield Halliburton from US gas glut >
 
 Shell says to boost production off the coast of Brazil [ID:nWLB0045K ]
 
 > DaVita acquires dialysis operations of Malaysia's CDC group
 
 > IILM reshuffles sharia board, key scholars depart
 
 > Malaysia's c.bank reserves at $137.9 bln on July 15 > Supergroup signs 10-year distribution deal with FJ Benjamin - Reuters

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