Malaysia-Market Factors To Watch On July 29(Monday)


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-Dollar hits five-week low on Fed caution, Wall St recovers
 
 SE Asia Stocks-Philippine leads amid rating hopes; late-buying lifts Thai stocks
 
 WHAT IS HAPPENING IN MALAYSIA, IN TIMES LOCAL FOLLOWED BY GMT:
 
 * Prime Minister Najib Razak attends official welcoming ceremony in conjunction with the visit of French Prime Minister Jean-Marc Aurault and his wife Brigitte Ayrault at Perdana Square, Putrajaya at 0930am (0130). 
 
* Warisan TC Holdings Bhd's exclusive media soft launch The Bison Savana, The Subang Hotel Kuala Lumpur, Jalan Airport Subang at 1045am (0245).
 
 * Communications and Multimedia Minister Ahmad Shabery Cheek attends the launch of
 
 'HyppTV Everywhere' at Telekom Malaysia Berhad (TM) Convention Centre, TM Tower, Jalan Pantai Bahru, Kuala Lumpur at 1300pm (0500).
 
 * Tourism and Culture Minister Mohamed Nazri Abdul Aziz attends press conference on 2013 World Tourism Seminar at Saloma Bistro Restaurant, Jalan Ampang, Kuala Lumpur at 1700pm (0900).
 
 MARKET NEWS
 
 > Nikkei sinks to near 3-week low on firmer yen, snaps 5-week winning streak
 
 > Wall St wipes out losses late to end with slim gain > Prices gain, Fed meeting in focus > Dollar falls as Fed seen keeping U.S. rates low for some time > Gold posts 3 percent weekly gain, Fed comment eyed > Oil slips on worries about Chinese demand > Palm oil ends up, off 4-year low; posts weekly loss 
 
MALAYSIA IN THE NEWS:
 
 > Malaysia RAM reaffirms UOB Malaysia's AAA/Stable/P1 ratings
 
 > Malaysia RAM downgrades Binariang GSM's sukuk ratings
 
 > Malaysia RAM reaffirms A1/P1 rating of DFZ's debt issues > MARC affirms AAA rating on Sepecial Port Vehicle Bhd
 
 > Malaysia pension fund to spend 500 mln euros on German, French properties
 
 > Japan's PM calls for high-level talks with China
 
 > Bonia shares surge on private placement
 
 > Indian soybean, soyoil futures up as buying support returns - Reuters
 
 > Thai PTT Global to work with China's Sinochem in petrochemicals 

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