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Published: Friday November 2, 2012 MYT 8:22:00 AM
Updated: Friday November 2, 2012 MYT 8:32:42 AM

Malaysia-Market factors to watch on Nov 2(Friday)


KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the Malaysian market. GLOBAL MARKETS-Stocks up on US, China data; US crude rises

SE Asia Stocks-Weak amid earnings caution; Cement stocks rally

WHAT IS HAPPENING IN MALAYSIA, IN TIMES LOCAL FOLLOWED BY GMT:

* Malaysia Airports Holdings Bhd Managing Director Bashir Ahmad officiates final installation of the Kuala Lumpur International Airport 2 Skybridge structure, Sepang, 8.45 am, (0045).

* Asian Strategy and Leadership Institute holds Enterprise Risk Management Conference 2012 at Sunway Putra Hotel, Kuala Lumpur at 0800am (0000).

* Malaysia Airports Holdings Bhd managing director Bashir Ahmad officiates at the final installation of the KLIA2 Skybridge structure at Main Terminal Building, KLIA, Sepang at 0845am (0045).

* Iskandar Investment Bhd signing of a lease greement between Madini Land Sdn Bhd and WCT Acres Sdn esidence, Grand Hyatt, Kuala Lumpur at 1500pm (0700).

* Human Resources Minister S. Subramaniam launches library at Munusamy hall, Batu Caves temple complex, Batu Caves at 1730pm (0930).

* Prime Minister Najib Razak attends dinner in conjunction with the 43rd International Hockey Federation Congress at The Royale Chulan Hotel, Kuala Lumpur at 2030pm (1230).

* Information Communications and Culture Minister Rais Yatim launches Cheras Foundation Education's Bistari Teacher Awards 2012 at Berjaya Times Square Hotel, Kuala Lumpur at 2030pm (1230).

MARKET NEWS

> Tokyo's Nikkei share average opens up 1.14 pct

> Wall St jumps on strong consumer and jobs data

> Prices ease as global growth prospects rise

> Yen under pressure, eyes on U.S. jobs data

> Gold retreats below $1,720/oz, U.S. jobs data eyed

> Brent slips, U.S. crude higher as stockpiles drop

> China demand hope lifts palm oil futures, but stocks weigh

MALAYSIA IN THE NEWS:

> Investors cry foul over privatising KFC franchisees in Malaysia

> Canada PM won't deal with foreign investment rules on trip-aide

> IFSB releases draft standards on capital adequacy, takaful

> Sri Lanka's Dialog Axiata to get $394 million sharia loan

> Three groups bid for Turkish roads, bridges privatisation. - Reuters

DIARY - Malaysia 02/11/12(Friday)

ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

FRIDAY, NOV 2

* KUALA LUMPUR - Asian Strategy and Leadership Institute holds Enterprise Risk Management Conference 2012 at Sunway Putra Hotel, Kuala Lumpur at 0800am (0000).

* SEPANG - Malaysia Airports Holdings Bhd managing director Bashir Ahmad officiates at the final installation of the KLIA2 Skybridge structure at Main Terminal Building, KLIA, Sepang at 0845am (0045).

* KUALA LUMPUR - Signing ceremony nexTier Networks Inc from Silicon Vally and Powerbloc for sole distributorship of nexTier's Data Leak Prevention Solution in Malaysia Skyview 1, at Gardens Hotel, Kuala Lumpur at 0845am (0045).

* KUALA LUMPUR - Media Prima Bhd TV networking screenings 2013 at Exhibition Hall, Kuala Lumpur City Centre at 1500pm (0700).

* KUALA LUMPUR - Iskandar Investment Bhd signing of a lease purchase agreement between Madini Land Sdn Bhd and WCT Acres Sdn Bhd at Grand Residence, Grand Hyatt, Kuala Lumpur at 1500pm (0700).

* KUALA LUMPUR - IJM Land brings a new landmark of homes in Cheras at Shng Villa Show Unit, Jalan Bukit Pandan Bistari, Cheras at 1500pm (0700).

* KUALA LUMPUR - Malaysian Investment Banking Association organising an exclusive talk on The End of Growth? By Satyajit Das at Sasana Kijang, Bank Negara Malaysia, Jalan Datuk Onn, Kuala Lumpur at 1530pm (0730).

* KUALA LUMPUR - Federal Territories and Urban Wellbeing Minister Raja Nong Chik Raja Zainal Abidin launches the ministry's Blog For FT Expression at The Scott Garden, Tesco Jalan Klang Lama at 1630pm (0830).

* KUALA LUMPUR - Human Resources Minister S. Subramaniam launches library at Munusamy hall, Batu Caves temple complex, Batu Caves at 1730pm (0930).

* KUALA LUMPUR - Malaysian Dutch Business Council's Sustainability Awards 2012 presentation ceremony at Crowne Plaza Mutiara Hotel, Kuala Lumpur at 1730pm (0930).

* KUALA LUMPUR - Prime Minister Najib Razak attends dinner in conjunction with the 43rd International Hockey Federation Congress at The Royale Chulan Hotel, Kuala Lumpur at 2030pm (1230).

* KUALA LUMPUR - Information Communications and Culture Minister Rais Yatim launches Cheras Foundation Education's Bistari Teacher Awards 2012 at Berjaya Times Square Hotel, Kuala Lumpur at 2030pm (1230).

WEDNESDAY, NOV 7

KUALA LUMPUR - Release of International Reserves as at 31 Oct 2012

THURSDAY, NOV 8

KUALA LUMPUR - Monetary Policy Statement and release of Sep 2012 Index of Industrial Production (IPI) and Sep 2012 Manufacturing Sales.

FRIDAY, NOV 9

KUALA LUMPUR - Release of Sep 2012 External Trade data.

TUESDAY, NOV 13

KUALA LUMPUR - Market and Public Holiday - Deepavali

THURSDAY, NOV 15

KUALA LUMPUR - Market and Public Holiday - Moslem New Year.

FRIDAY, NOV 16

KUALA LUMPUR - Release of 3rd Quarter 2012 GDP.

WEDNESDAY, NOV 21

KUALA LUMPUR - Release of Oct 2012 Consumer Price Index.

THURSDAY, NOV 22

KUALA LUMPUR - Release of International Reserves as at 14 Nov 2012

FRIDAY, NOV 30

KUALA LUMPUR - Release of Oct 2012 Money Supply data

FRIDAY, DEC 7

KUALA LUMPUR - Release of International Reserves as at 30 Nov 2012 and Oct 2012 External Trade data.

TUESDAY, DEC 11

KUALA LUMPUR - Release of Oct 2012 Index of Industrial Production (IPI) and Oct 2012 Manufacturing Sales.

WEDNESDAY, DEC 19

KUALA LUMPUR - Release of Nov 2012 Consumer Price Index.

FRIDAY, DEC 21

KUALA LUMPUR - Release of International Reserves as at 14 Dec 2012.

TUESDAY, DEC 25

KUALA LUMPUR - Market and Public Holiday - Christmas Day.

MONDAY, DEC 31

KUALA LUMPUR - Release of Nov 2012 Money Supply data.

NOTE: The inclusion of diary items does not necessarily mean that Reuters will file a story based on the event. - Reuters

VEGOILS-Market factors to watch Nov 2(Friday)

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday.

FUNDAMENTALS

* Malaysian palm oil futures climbed on Thursday as strong Chinese demand for soybeans fuelled expectations for more edible oil orders in coming weeks.

* U.S. soybean futures rose for a third straight day on Thursday, led by strength in Chinese soy markets tied to encouraging economic data in that country, the world's biggest soy importer.

* Brent crude prices fell on Thursday on returning North Sea supply and euro-zone concerns, while U.S. gasoline edged higher as support from supply disruptions after super storm Sandy countered any pressure from data showing rising inventories.

MARKET NEWS

* Global stocks gained on Thursday on an improving U.S. jobs picture and data that showed China's economy regaining some traction, while U.S. crude futures were supported by the economic news and potential storm-related supply disruptions.

* Commodities rose broadly on Thursday as markets tried to regain a sense of normalcy after a storm devastated the economically key U.S. East Coast, but oil prices were mixed on varying reactions to economic data.

RELATED NEWS

> Possible removal of EU palm import tax may hurt planters

> UPDATE 2-Noble denies seeking to sell agribusiness

DATA/EVENTS

> The Palm Oil Refiners Association of Malaysia will hold its annual forum in Malaysia on Friday, followed by an industry dinner on Saturday evening. - Reuters

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