Malaysia-Market factors to watch May 8

KUALA LUMPUR, May 8 (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)

- Press conference after Bumiputra-Commerce Holdings Bhd
AGM at 11.00am (0300).

- Statistics Department releases Malaysia's March trade
data at 12.01pm (0401).

- Second Finance Minister Ahmad Husni Hanadzlah launches
new fund-raising framework by the Securities Commission at
2.30pm (0630).

- Prime Minister Najib Razak launches "A Decade of
Dedication to the Islamic Arts Museum" at 3.00pm (0700).

- Minister of International Trade and Industry Mustapa
Mohamed to announce Malaysia's trade performance in the first
quarter at 3.00pm (0700).

MARKET SNAPSHOTS
* Malaysian shares are likely to continue under pressure on
Friday as investors take profits from the market's sharp rise
ahead of the weekend and after Wall Street's weaker close
overnight. [.KLSE]
* "Confidence has returned, there's no doubt about it but for
the market's run to be meaningful, it has to correct. That's
healthy," said an institutional dealer at a local investment
bank.
* Volume traded on the local bourse has risen steadily this
week, indicating well-rounded participation from both
institutional and retail investors, she said.
* Wall Street stocks slid on Thursday as investors took
profits from the technology sector's recent surge, while
analyst downgrades hurt telecoms and a tepid response to a
government bond auction raised fears about public finances.
[.N]
* Oil prices closed at a near six-month high on Thursday amid
simmering hopes for an economic recovery that could lift ailing
world energy demand. [O/R]
* For global market news, click on [MKTS/GLOB]
* Malaysian palm futures closed unchanged on Thursday, giving
up gains of 2 percent in early trade, after a Reuters poll
showed end-April palm stock was higher than many market
participants had expected, 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] ----------------MARKET
SNAPSHOT @ 2332 GMT-----------------------

INSTRUMENT LAST PCT CHG NET
CHG

S&P 500 .SPX 907.39 -1.32% -12.140

USD/JPY JPY= 99.12 -0.14% -0.140

10-YR US TSY YLD US10YT=RR 3.3303 -- -0.009

SPOT GOLD XAU= 911.2 0.24% 2.150

US CRUDE CLc1 56.8 0.16% 0.090

DOW JONES .DJI 8409.85 -1.20% -102.43

ASIA ADRS .BKAS 106.48 -2.21% -2.41
----------------------------------------------------------------
- FOR MALAYSIAN ECONOMIC INDICATORS CLICK ON [ID:nKLR424535]
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
govt wins control of state, 65 arrested [ID:nKLR431444] >What
does the Malaysian standoff in Perak mean? [ID:nKLR453196]
>Ramunia accepts $65.8 mln Sime takeover bid
[ID:nKLR476345] >Palm ends flat, off early high on stock data
[ID:nJAK365031] >Malaysia's Maybank to keep div payout ratio
[ID:nSIN463620] >Malaysia intl reserves $87.7 bln on April 30

[ID:nKLA008260] >Malaysia's April palm stocks seen at
22-month low[ID:nKLR148859]
ASIA MARKETS NEWS - The South Korean won and Indonesian rupiah
led a rally in Asian currencies on Thursday in tandem with
regional equities as positive signs on the health of U.S. banks
and the global economy encouragedrisk-taking. [EMRG/FRX] -
Singapore's benchmark index rose 2.9 percent on Thursday,
leading major Southeast Asian stock markets to seven-month
highs, as optimism about the global economic outlook induced
more buying of big banks in the region. [.SO]

(Reporting by Kuala Lumpur Newsroom)