Malaysia-Market factors to watch Mar 2

KUALA LUMPUR, March 2 (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)
- Public Bank (PUBM.KL) 44th Annual General Meeting, 11am
(0300), Shangri-La Hotel, Kuala Lumpur.
- Minister of International Trade and Industry, Mustapa
Mohamed , meeting with foreign ambassadors, High Commissioners
and Economic Councillors at the Kuala Lumpur Convention Centre
at 11am (0300). News conference at 2pm (0600).
- Signing ceremony between Boustead (BOUS.KL), AXA Affin
Insurance and the Felda for the disposal of Boustead's stake in
BH Insurance (Malaysia) Bhd at 6.45pm (1045)

MARKET SNAPSHOTS
* Malaysia's benchmark share index .KLSE ended 0.99 percent
higher on Monday. Market heavyweight plantation share Sime
Derby SIME.CM gained 1.8 percent as analysts expected
earnings to bounce back in the second half after a
weaker-than-expected first-half performance. Telecom firm
Axiata (AXIA.KL), the No. 2 mobile services provider, jumped
4.3 percent on better earning hopes after the company last week
reported a-more-than-tripled profit in 2009.[.KLSE]
* U.S. stocks rose for a second straight day on Monday,
boosted by AIG's record-setting deal to sell a major Asian unit
and on gains in semiconductor shares after SanDisk Corp raised
its revenue forecast.[.N]
* Oil fell more than 1 percent to below $79 a barrel on Monday
as investors sold off an early rally and the dollar
strengthened against the euro.[O/R]
* For global market news, click on [MKTS/GLOB]
* Malaysian crude palm oil futures rose as much as 1.7 percent
on Monday to one-week highs, echoing a rise in crude oil and
soy prices after a long weekend.[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 stock recommendations hit .KL or [MY-RCH]
----------------------MARKET SNAPSHOT @ 2312 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1115.71 1.02% 11.220
USD/JPY JPY= 89.14 0.03% 0.030
10-YR US TSY YLD US10YT=RR 3.6079 -- 0.000
SPOT GOLD XAU= 1117.5 -0.08% -0.900 US
CRUDE CLc1 78.76 0.08% 0.060 DOW
JONES .DJI 10403.79 0.76% 78.53 ASIA
ADRS .BKAS 126.67 1.34% 1.68
-------------------------------------------------------------
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/]
IN THE NEWS REUTERS MALAYSIA (Click on [MY-RTRS]) >Malaysia
cbank head: Any rate hikes to be gradual[ID:nN0197839] >India
may buy more soyoil as palm prices rise[ID:nSGE62009P]
>Malaysia Feb palm oil exports down 15.5 pct-SGS[ID:nSGE61O03S]
>Malaysia Feb palm oil exports slide 19.4
pct-ITS[ID:nSGE61N0JP] >Deutsche Bank gets Malaysian Islamic
bank licence[ID:nSGE62000W] >Key political risks to watch in
Malaysia [ID:nRISKMY]
ASIA MARKETS NEWS * For an outlook of Asian stock trading,
click on [STXNEWS/AS] * The Indonesian rupiah and Malaysian
ringgit rose on Monday as investors bought local assets on
hopes that a bailout for debt-ridden Greece might be around the
corner, easing pressure on emerging market assets.[EMRG/FRX]. *
Southeast Asian stock markets rallied on Monday, with Singapore
and Malaysia leading rally, following better-than-expected
earnings and on signs that Greece's debt crisis could be
easing. [.SO]
(Reporting by Kuala Lumpur Newsroom)