KUALA LUMPUR, June 2 (Reuters) - Here are news stories and
factors that may affect the Malaysian stock market on Monday.
------------------------MARKET SNAPSHOT @ 23:49 GMT-----------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1,400.38 0.15% 2.120
USD/JPY JPY= 105.42 0.12% 0.130
10-YR US TSY YLD US10YT=RR 4.056 -- -0.012
SPOT GOLD XAU= $886.35 0.05% 0.450
US CRUDE CLc1 $127.31 -0.03% -0.040
DOW JONES .DJI 12638.32 -0.06% -7.90
ASIA ADRS .BKAS 163.98 1.16% 1.88
------------------------------------------------------------- >
US Stocks-Tech jumps on Dell optimism; broader market flat [.N]
> Oil rises to over $127 on weaker dollar
[O/R] > FOREX-Dollar down vs euro, but on track for monthly
gain [USD/] > TREASURIES-Easing inflation fears fuel bond gains
[US/] > Gold ends up 1 pct as dollar dips, oil gains
[GOL/] > SE Asian Stocks-Thailand leads week's losses
[.SO] > Malaysia to decide on foreigner fuel ban
Tuesday [ID:nSP301304] > Malaysia plans direct fuel subsidies
for buyers [ID:nKLR54258] > Malaysia to discuss fuel subsidies
next week [ID:nKLR234887] > Malaysia widens sharia-compliant
stock list [ID:nKLR40647]
PERUSAHAAN SADUR TIMAH MALAYSIA MULLS PRICE HIKE-REPORT
- Tinplate maker Perusahaan Sadur Timah Malaysia (PSTM.KL)
may raise the price of prime tinplate for the third quarter of
2008 by more than 40 percent for Malaysia and Vietnam due to
higher costs, Business Times reported on Saturday citing a
company statement.
MALAYSIA AIRLINES RULES OUT JOB CUTS, HIGHER FARES FOR
NOW-REPORT
-Malaysian Airline System (MASM.KL) does not plan to cut
jobs or raise fares for now despite difficult operating
conditions due to record oil prices, Chief Executive Idris Jala
was quoted as saying in Saturday's Berita Harian newspaper.
GENTING TO SPEND $150 MLN ON INDONESIA GAS BLOCK-REPORT
- Leisure group Genting Bhd (GENT.KL) plans to spend at
laest $150 million for the first three years to develop its
recently acquired Kasuri gas block onshore West Papua,
Indonesia, Business Times reported on Monday quoting a company
spokesperson.
(Reporting by Liau Y-Sing; Editing by Anshuman Daga)
