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Malaysia-Market factors to watch Sept 9

Tue Sep 8, 2009 7:22pm EDT

Stocks

   
 KUALA LUMPUR, Sept 9 (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)
- MoU signing between G.E.M.S. (M) Sdn Bhd, Sirim Bhd and
Iris Smart Technology at 0900am (0100).
- Dayang Enterprise Holdings Bhd (DEHB.KL) holds media
briefing at 1000am (0200).
- Formis Resources Bhd (FMSR.KL) holds AGM at 1000am
(0200).
- CIMB opens Menara Bumiputra-Commerce at Jalan Raja
Laut-Jalan Tuanku Abdul Rahman intersection at 1030am (0230).
- EONCAP Islamic Bank relaunches Ar-Rahnu and An-Nisa
Account at 0515pm (0915).
 - Petronas Dagangan Bhd (PETR.KL) launches "Petronas Coffee
Break Campaign 2009" and breaks fast at 1800pm (1000).
MARKET SNAPSHOTS
 * Malaysia's benchmark stock index .KLSE ended up 1 percent
at 14-month highs on Tuesday with strong gains in plantation
counters Sime Darby (SIME.KL) and IOI Corp (IOIB.KL) but
gaming-to-plantation conglomerate Genting (GENT.KL) was lower
on profit-taking.[.KLSE].
 * U.S. stocks advanced on Tuesday on an uptick in corporate
deal activity while the weak dollar led to gains in
commodities, lifting shares of oil and mining companies.[.N]
 * Oil prices rose 4.5 percent on Tuesday, their biggest gain
in nearly three weeks, as weakness in the U.S. dollar fired up
inflation fears and triggered a rush of buying across
commodities markets.[O/R]
 * For global market news, click on [MKTS/GLOB]
 * Malaysian crude palm oil futures rose 3.8 percent on
Tuesday, their biggest daily rise in percentage terms in five
weeks, ending a five-day losing streak as investors covered
their short positions, 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 @ 2318 GMT -------------
                 INSTRUMENT   LAST       PCT CHG NET CHG
 S&P 500         .SPX       1,025.39   0.88%   8.990
 USD/JPY         JPY=       92.28     -0.06%  -0.060
 10-YR US TSY YLDUS10YT=RR  3.481       --      0.000
 SPOT GOLD       XAU=       $1,001.    0.60%   6.000
 US CRUDE        CLc1       $71.34     0.34%   0.240
 DOW JONES       .DJI       9497.34    0.59%   56.07
 ASIA ADRS       .BKAS      122.31     1.16%   1.40
--------------------------------------------------------------
 FOR MALAYSIAN ECONOMIC INDICATORS, CLICK ON [ID:nKLR484672]
 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]) >India,
Malaysia consortium to buy Zain stake [ID:nN08292119] >CNOOC
Shanghai terminal to get 1st LNG cargo soon[ID:nPEK98633 ]
>Flu, weak economy hurt Ramadan spending in Malaysia
[nKLR381114] >Fast food giant loses in McDonald's vs McCurry
tiff [nKLR398828] >Malaysia's Aug palm stocks seen at 6-mo peak
[ID:nKLR460861] >Malaysia July factory output seen down 10.3
pct [ID:nKLR402585]
 ASIA MARKETS NEWS - For an outlook of Asian stock trading,
click on [STXNEWS/AS] - The Philippine peso firmed on Tuesday
due to remittance inflows and firmer stocks, while the
Singapore dollar inched up towards nine-month high hit the
previous day amid fears of official intervention. [EMRG/FRX] -
Major Southeast Asian stock markets extended gains for a fourth
day on Tuesday as rising commodity prices drove up palm
planters and merger hopes sparked more buying of shares in Thai
energy group PTT. [.SO]
  (Reporting by Kuala Lumpur Newsroom)






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