Malaysia-Market factors to watch June 11

Wed Jun 10, 2009 7:32pm EDT

 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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