Malaysia-Market factors to watch June 17

Tue Jun 16, 2009 7:34pm EDT
 
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 KUALA LUMPUR, June 17 (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)
 - The Department of Statistics is scheduled to release May
inflation data at 5.00pm (0900). Malaysia's annual inflation
MYCPI=ECI likely eased to its slowest level in 19 months in
May thanks to lower fuel and commodity prices and cheaper
electricity tariffs, according to a Reuters poll. To see the
poll click [ID:nKLR491113]
 - Genting (GENT.KL) AGM at 10.00am (0200).
 MARKET SNAPSHOTS
 * Malaysian shares ended 1.56 percent lower at 1,074.1 points
on profit-taking on Tuesday. [.KLSE]
 * U.S. stocks slipped on Tuesday as mixed economic data and
Best Buy's (BBY.N) disappointing sales spurred worries about an
anemic recovery. [.N]
 * Oil fell 15 cents on Tuesday afternoon, giving back early
gains as the dollar strengthened and worries about the ailing
world economy persisted. [O/R]
 * For global market news, click on [MKTS/GLOB]
 * Malaysian palm oil futures bounced from 2-month lows hit
earlier on Tuesday as investors focused on the prospect of
lacklustre palm oil output growth. [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:nKLR363249]
 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 @ 2331 GMT-------------
              INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500           .SPX       925.6         0.2%     1.880
 USD/JPY           JPY=       96.19        -0.2%    -0.190
 10-YR US TSY YLD  US10YT=RR  3.6491          --     0.000
 SPOT GOLD         XAU=       933.45      -0.07%    -0.650
 US CRUDE          CLc1       70.18       -0.41%    -0.290
 DOW JONES         .DJI       8504.67     -1.25%   -107.46
 ASIA ADRS         .BKAS      107.73      -1.89%     -2.07
--------------------------------------------------------------
 IN THE NEWS REUTERS MALAYSIA (Click on [MY-RTRS]) > Malaysia's
May inflation seen at 19-mth low   [ID:nKLR491113] > Malaysia
BIMB says no plans to sell Bank Islam [ID:nKLR294564] > Resorts
says no hindrance to Macau investment  [ID:nKLR51907] >
Malaysia palm output to stay weak until 2011  [ID:nKLR450070] >
ADB approves $3.4 bln in loans for Asia       [ID:nMNB000415] >
AirAsia orders 10 Airbus A350 aircraft          [IDn:nWEA7005]
 ASIA MARKETS NEWS - Asian stocks are likely to fall on
Wednesday as mixed data and poor sales for a leading U.S.
retailer dampened optimism about an economic recovery.
[STXNEWS/AS] - The Indonesian rupiah and Philippine peso took a
hit on Tuesday as investors embraced the U.S. currency amid
renewed jitters about the global economy, prompting central
banks to stem currency weakness. [EMRG/FRX] - Southeast Asian
stock markets fell on Tuesday, worried about the pace of
recovery in the global economy, with Singapore tumbling to near
three-week lows while stocks in Jakarta and Bangkok slid close
to two-week lows. [.SO]
  (Reporting by Kuala Lumpur Newsroom)




 

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