Malaysia-Market Factors To Watch On July 24

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:

World stocks rise on China economic signal, dollar falls

SE Asia Stocks:

Firmer; Thailand, Indonesia outperform WHAT IS HAPPENING IN MALAYSIA, IN TIMES LOCAL FOLLOWED BY GMT: * Parliament in session.

 * By-election for a state seat in eastern state of Terengganu.

 * Education and update session on regulated short selling by Bursa Malaysia Bhd at Bursa Malaysia Bhd, Bukit Kewangan, Kuala Lumpur at 1030am (0230).

 * Thailand Ambassador Krit Kraichitti introduces 'AEC Business Support Centre', Office of Commercial Affairs, Royal Thai Embassy, Jalan Ampang at 1030am (0230).

 * Press conference by Malaysian Institute of Estate Agents on property market outlook: Post GE13, Royal Lake Club, Kuala Lumpur at 1430pm (0630).

 * Prime Minister Najib Razak breaks fast with friends and heads of Puteri Umno, Umno Youth and Women Umno Divisions and celebrates his birthday at Seri Perdana, Putrajaya at 1900pm (1100).

 MARKET NEWS:

 > Nikkei gains for 2nd day in row led by large caps; steel sector shines

 > S&P 500 dips and Dow gains on UTX; Apple up late

 > Prices remain lower after average two-year auction

 > U.S. dollar falls across the board in thin volume

 > Gold rises to 1-month high on options-related buying

 > Oil rises in volatile spread trading > Palm oil edges lower, low output hopes cap losses

 MALAYSIA IN THE NEWS:

 > Singapore plots economic lift-off with satellites, spacecraft

 > South Sudan warns oil shutdown might destroy pipelines

 > U.S. FDA warns 15 companies over fraudulent diabetes product claims

 > Deutsche hires UBS banker in Thailand as SE Asia talent war grows

 > Telenor launches new share buyback after strong Q2

 > Indian soybean futures down on prospect of higher output - Reuters