Malaysia-Market Factors To Watch On Aug 30(Friday)


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-Oil dips as Syria action uncertain; dollar rises on data 
    SE Asia Stocks-Indonesia gains after rate hikes, Philippines on Q2 GDP 
    
    
    WHAT IS HAPPENING IN MALAYSIA, IN TIMES LOCAL FOLLOWED BY GMT:
    * See corporate earnings diary
    * Second Finance Minister Ahmad Husni Hanadzlah attends Retirement Fund Incorporated 2012
financial results announcement, Nusantara Ballroom, Sheraton Imperial Hotel, Kuala Lumpur at 10
am (0200).     
    * Press conference by Plantation Industries and Commodities Minister Douglas Uggah Embas in
conjunction with the Malaysia-Indonesia 8th Joint Committee Council meeting on the commodity
sector, Function Room 9, Renaissance Hotel, Kuala Lumpur at 11 am (0300).
    *  Defence Minister Hishammuddin Hussein attends National Defence University of Malaysia
(UNPM) Aidilfitri Celebration 2013 at UNPM, Sungai Besi Camp at 10 am (0200).            
    * Prime Minister Najib Razak closes Business Ethics Train-the-Trainer Programme at Dewan
Integrity, Malaysian Institute of Integrity, Persiaran Duta, Kuala Lumpur at 11 am (0300). 
    * Deputy Prime Minister Muhyiddin Yassin attends Wanita Umno, Umno Youth and Puteri Umno
Aidilfitri open house at Merdeka Hall, 4th Floor, PWTC, Kuala Lumpur at 1400 (0600).  
    * Prime Minister Najib Razak attends Wanita Umno, Umno Youth and Puteri Umno Aidilfitri open
house at Merdeka Hall, 4th Floor, PWTC, Kuala Lumpur at 1415 (0615).               
    * Prime Minister Najib Razak chairs Umno Supreme Council meeting at 39th Floor, Menara Dato
Onn, Kuala Lumpr at 1515pm (0715)
    * Prime Minister Najib Razak attends 2013 Merdeka Eve celebration at Maritime Centre,
Precinct 6, Putrajaya at 2300pm (1500).  
 
  MARKET NEWS
 > Nikkei snaps 3-day losing streak as Syria, emerging market concerns abate 
 > Wall St rises on economy, but Syria concerns limit gains 
 > Prices gain as investors eye month-end, long weekend 
 > Dollar hits 3-week high as U.S. data spurs Fed taper talk 
 > Gold falls after 5-day rise as Syria attack fears ease 
 > Oil slides as Syria action timeline pushed back 
 > Palm snaps six sessions of gains, but demand seen steady 
      
    
 MALAYSIA IN THE NEWS:
 > Genting Q2 net profit down 12.8 pct, S'pore unit eyes Japan 
 > Malaysia's UEM Sunrise Q2 net profit slips                 
 > Malaysian offshore rate swaps belie calm bond markets      
 > Malaysia says sales tax would take 14 months to implement  
 > Brazil's OGX shares plunge as Batista empire unravels - Reuters

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