Malaysia-Market factors to watch Oct 16

KUALA LUMPUR, Oct 16 (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)

-- Final day of United Malays National Organisation's
(UMNO) AGM.

MARKET SNAPSHOTS
* Malaysia's benchmark stock index .KLSE ended flat on
Thursday after hitting a new 16-month high as No.2 lender CIMB
(CIMB.KL) and telecom firm Axiata Group (AXIA.KL) fell.
Third-ranked Public Bank (PUBM.KL) was flat. It gained earlier
after the bank said third-quarter net profit rose 3.2 percent
to 639 million ringgit.[.KLSE]
* Late-day strength drove U.S. stocks to 2009 highs on
Thursday as rising oil prices lifted energy shares, eclipsing
the banking sector's retreat after investors panned earnings
from Goldman Sachs and Citigroup. [.N]
* Oil prices jumped more than 3 percent on Thursday to settle
at their highest level in a year after government data showed a
steep, unexpected drop in U.S. gasoline and distillate
inventories. [O/R]
* For global market news, click on [MKTS/GLOB]
* Malaysian palm oil futures dropped as much as 2.4 percent to
a near one-week low on Thursday with traders taking profits
from a rally fuelled by crude oil and higher exports.[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 @ 2318 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1096.56 0.42 4.540
USD/JPY JPY= 90.7 0.15 0.140
10-YR US TSY YLD US10YT=RR 3.464 -- 0.000
SPOT GOLD XAU= 1049.7 -0.01 -0.150 US
CRUDE CLc1 77.86 0.36 0.280 DOW
JONES .DJI 10062.94 0.47 47.08 ASIA
ADRS .BKAS 126.03 -0.31 -0.39
-------------------------------------------------------------
FOR MALAYSIAN ECONOMIC INDICATORS, CLICK ON [ID:KLR547340]
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's
Media Prima, NSTP request trade halt [ID:nKLR439982] >M'sia
ruling party votes for reform, ally fights[ID:nSP423259]
>Malaysia's Chinese party to mull on polls [ID:nKLR412525]
>Big buyers sniffing around for Asia vegoils [ID:nKLR548321]
>Malaysia Public Bank Q3 profit up, warns on margin
[ID:nWNAS7521] >Malaysia to spend 22 bln rgt on '09 subsidies
[ID:nKLR402928] >M'sia Oct 1-15 palm oil exports up 10 pct-SGS

[ID:nKLR70835] >M'sia Oct 1-15 palm oil exports up 12.6
pct-ITS [ID:nKLR400816] >M'sia's September auto sales down 9.2
pct on yr [ID:nKLA010437]
ASIA MARKETS NEWS - For an outlook of Asian stock trading,
click on [STXNEWS/AS] - The Indonesian rupiah and Malaysian
ringgit led Asian currencies higher against the beleaguered
dollar on Thursday, but the baht came under selling pressure
amid concerns over the Thai king's health. [EMRG/FRX] - Most
Southeast Asian stock markets advanced on Thursday with lenders
DBS and United Overseas Bank leading Singapore to a 13-month
high, while Thailand's index suffered its biggest drop in a
year.[.SO]
(Reporting by Kuala Lumpur Newsroom)