Malaysia-Market factors to watch June 11
KUALA LUMPUR, June 11 (Reuters) - Following is a list of events in Malaysia as well as news stories and press reports which may influence financial markets.
(Reuters News welcomes your feedback and for any queries please contact David Chance in Kuala Lumpur editorial on +603 2333 8033 or via email at david.chance@thomsonreuters.com or on Reuters messaging david.chance.reuters.com@reuters.net)
WHAT IS HAPPENING IN MALAYSIA, ALL TIMES LOCAL FOLLOWED BY GMT
(The inclusion of diary items does not necessarily mean that Reuters will cover the event)
- Reuters interview with Malaysia's third-largest oil and
gas services provider Wah Seong (WAHE.KL) at 10am (0200).
- Former premier Mahathir Mohamad attends the launch of new Sapuracrest Petroleum vehicle at the 14th Asia Oil& Gas Conference, 2pm (0600).
MARKET SNAPSHOTS * Malaysia's benchmark stock index ended 11.18 points or 1 percent higher at 1,082.97 points on Wednesday, helped by gains in financial and oil-related stocks.[.KLSE] * U.S. stocks fell on Wednesday on worries that rising interest rates could put a damper on consumer and business spending, but stocks pared losses late in the session to finish off the day's lows.[.N] * Oil prices surged to a seven-month high near $72 a barrel on Wednesday after a U.S. government report showed a slowdown in crude imports eating away at inventories in the world's top energy user.[O/R] * For global market news, click on [MKTS/GLOB] * Malaysian palm oil futures rose 1.5 percent on Wednesday, as a rally on crude oil, soybean and equity markets outweighed bearish data on palm oil exports and stocks, traders said.[POI/] * To see Malaysian central bank regular money market tenders issued at around 0930 local please click on the following link here * To see the top Islamic finance stories from Malaysia and elsewhere click on [ID:nISLAMIC] FOR MALAYSIAN ECONOMIC INDICATORS CLICK ON [ID:nKLR417676] FOR REALTIME MALAYSIAN ECONOMIC INDICATORS, HIT ECONMY KEY GLOBAL ECONOMIC NEWS, SEE [TOP/MACRO] TOP NEWS ON ASIAN COMPANIES [TOP/EQA] FOR ECONOMIC FX RELATED NEWS HIT [FXNEWS] FOR WHAT INVESTORS ARE SAYING ABOUT DEALS [DEALTALK/] STOCKS - BUY OR SELL? [BUYSELL/] -----------------------MARKET SNAPSHOT @ 2303GMT-------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 939.15 -0.35% -3.280
USD/JPY JPY= 98.16 -0.05% -0.050
10-YR US TSY YLD US10YT=RR 3.948 -- 0.000
SPOT GOLD XAU= $954.75 0.12% 1.100
US CRUDE CLc1 $71.39 0.08% 0.060
DOW JONES .DJI 8739.02 -0.27% -24.04
ASIA ADRS .BKAS 113.69 0.85% 0.96 ------------------------------------------------------------- IN THE NEWS REUTERS MALAYSIA (Click on [MY-RTRS]) >Malaysia's Genting pays $100 mln for MGM stake[ID:nKLR218411] >Facing heat in Vegas, casinos bet on Macau deals[ID:nHKG21365] >Kenanga sees cross-border M&As on the rise [ID:nKLR419058] >Malaysia's factory output fall slows in April[ID:nKLR346174] >Malaysia's May palm stocks up 5.72 percent [ID:nKLR108341] >Jakarta sharia banking tax bill debate near end[ID:nKLR437331] >Malaysia picks anti-graft head for port project[ID:nSP416356] ASIA MARKETS NEWS -Asian stocks are set for an uncertain start on Thursday as a rise in market interest rates rekindled global economic worries and knocked investor sentiment. [STXNEWS/AS] - Emerging assets rallied on Wednesday, boosted by positive news on U.S. banks and higher oil, and the lat hit a fresh 4-month high against the euro on growing expectations Latvia will stave off devaluation.[EMRG/FRX] - Singapore led other Southeast Asian stock markets higher on Wednesday, with Singapore's CapitaLand, Malaysia's Malayan Banking, Indonesia's Indocement and Thailand's PTT among the region's outperformers.[.SO]
(Reporting by Kuala Lumpur Newsroom)
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