Malaysia-Market factors to watch August 24

KUALA LUMPUR Aug 24 (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) >For political riskbox on Malaysia: here >For Asian weekly risks click on r.reuters.com/gad84n

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)

- Malaysian plantations company IOI (IOIB.KL) Q2 results

- K-Star Sports Limited holds media briefing to announce the company's half year results ended June 30, 2010 at The Westin Hotel, Kuala Lumpur at 1100am (0300)

- Malaysia's central bank governor Zeti Akhtar Aziz attends listing of Islamic Development Bank's ringgit sukuk at Bursa Malaysia, from 9 am (0100 GMT). MARKET SNAPSHOTS * Malaysia's stock market index .KLSE rose 0.6 percent to a 2 ½ year high on Monday closing about psychologically important 1,400-point mark. Top movers included CIMB Group Bhd (CIMB.KL), PPB Group Bhd (PEPT.KL) and Petronas Dagangan Bhd (PETR.KL). [.KLSE] * U.S. stocks slipped in one of the lightest volume sessions of the year on Monday as investors took refuge in defensive shares after the latest corporate M&A failed to soothe concerns the recovery is stalling. [.N] * U.S. crude oil futures prices fell on Monday for a fourth straight session, slumping to a six-week low as a stronger dollar and tumbling gasoline futures kept pressure on crude oil. [O/R]. * For global market news, click on [MKTS/GLOB] * Malaysian crude palm oil futures ended 0.6 percent higher on Monday after touching fresh three-week lows earlier in the session over concerns that a stronger ringgit will hurt refiner margins. [POI/] * To see Malaysian central bank regular money market tenders issued at around 0930 local please click on the following link here * To see Islamic finance stories from Malaysia and elsewhere click on [ID:nISLAMIC] * For Malaysian stock recommendations hit .KL or [MY-RCH] ----------------------MARKET SNAPSHOT @ 2309 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG S&P 500 .SPX 1067.36 -0.4% -4.330 USD/JPY JPY= 85.17 0.07% 0.060 10-YR US TSY YLD US10YT=RR 2.5999 -- 0.000 SPOT GOLD XAU= 1225.4 0.16% 2.000 US CRUDE CLc1 72.84 -0.36% -0.260 DOW JONES .DJI 10174.41 -0.38% -39.21 ASIA ADRS .BKAS 120.23 -0.98% -1.19 ------------------------------------------------------------ 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]) >Norway oil fund excludes Israeli, Malaysian firms[ID:nOSN004644] >Asia inflation: Singapore inflation picks up [ID:nSGE6600CJ] >UAE'S ADCB ups Malaysia bond issue to 750 mln rgt [ID:nWEA5080] >Telekom Malaysia Q2 net profit at 124.38 mln rgt [ID:nWNAS9211] >Sunway City inaugural Q2 net at 71.7 million rgt [ID:nWNAS9209] >How Australia vote may play out for coal seam gas[ID:nSGE67M01U] >Moody's continues review of EON Bank for upgrade [ID:nSGE67M0AK]

MARKETS NEWS * For an outlook of Asian stock trading, click on [STXNEWS/AS] * The Malaysian ringgit hit a 13-year high on Monday as foreign investors snapped up local bonds, while the Thai baht rose to its highest in 28 months after data showed faster-than-expected economic growth. [EMRG/FRX] * Thai local bond yields slipped to 15-month lows on Monday as robust buying by foreign funds offset strong second-quarter GDP data and an upgrade in full-year growth forecasts, which prompted some analysts to raise their interest rate forecasts. [ASIA/DBT] * Thai stocks edged higher on Monday to their highest in 33-months after better-than expected second-quarter economic data and an improving outlook. [.SO] (Reporting by Kuala Lumpur Newsroom)