March 1, 2012 / 12:21 AM / 5 years ago

Malaysia-Market factors to watch March 1

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 the Kuala Lumpur newsroom at +603 2333 8046 or via email at areuters@gmail.com     	
	
 WHAT IS HAPPENING IN MALAYSIA, TIMES LOCAL FOLLOWED BY GMT:	
(The inclusion of diary items does not necessarily mean that Reuters will cover the event).	
> Deputy Prime Minister Muhyiddin Yassin launches 11th Asean Information Ministers Conference at
Royale Chulan Hotel, 0100.	
>  Media briefing by Supermax Corporation Bhd on financial year 2011 results, JW
Marriott Hotel Kuala Lumpur, 0430.	
>  Prudential BSN Takaful Bhd and Kuwait Finance House Malaysia Bhd sign Memorandum of
Understanding, Impiana KLCC Hotel, 0200.	
 	
  MARKET SNAPSHOT:	
* Malaysia's stock index rose 0.8 percent on Wednesday, led by gains in
power-to-construction conglomerate YTL Corp and property firm UEM Land Holdings
 	
* U.S. stocks slipped on  Wednesday, snapping a four-day winning streak after comments from U.S.
Federal Reserve Chairman Ben Bernanke disappointed investors hoping for a strong signal of more
stimulus.  	
* U.S. stocks fell on Wednesday for first time in five sessions and gold suffered its biggest
one-day drop in more than three years after Federal Reserve Chairman Ben Bernanke disappointed
investors who had hoped for a strong signal of more stimulus. 	
* Malaysian crude palm oil futures fell on Wednesday, pressured by concerns about slowing demand
and the stronger ringgit currency, although hopes that the European Central Bank will offer
cheap loans to European banks helped limit losses. 	
* To see Malaysian central bank regular money market tenders issued at around 0930 local please
click on the following link here	
* For a political risk box on Malaysia, click here
 	
* For Asian weekly risks, click on r.reuters.com/jum59n	
 	
IN THE NEWS REUTERS MALAYSIA (Click on )
> Malaysian Airline posts $425 mln Q4 net loss                   
> Malaysia's Sime Darby Q2 net profit up 26 pct                  	
> Genting Singapore to sell perpetuals at 5.375 pct-IFR          
> Investors in Malaysia may shift palm refining ops to Indonesia 	
> Malaysian tycoon adds satellite firm to asset mega-sale-report 	
> Bursa Malaysia Derivatives launches new settlement system      	
> Malaysia's Supermax aims 20 pct earnings growth                	
> Malaysia's February palm oil exports down 10.5 pct-ITS         	
> Iran seeks to sell crude in Asia as sanctions bite-traders     	
> Singapore's Indofood Agri eyes palm oil, rubber, sugar assets  	
> Malaysia's Jan broad money M3 up 14.7 pct on yr -central bank   	
 	
                                                                
 ----------------------MARKET SNAPSHOT @ 0019 GMT ------------
                  INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500                          1365.68     -0.47%    -6.500
 USD/JPY                          81.17        0.04%     0.030
 10-YR US TSY YLD                 1.9791          --     0.005
 SPOT GOLD                        1705.29      0.59%    10.050
 US CRUDE                         107.1        0.03%     0.030
 DOW JONES                        12952.07    -0.41%    -53.05
 ASIA ADRS                        130.61      -1.29%     -1.71
 -------------------------------------------------------------      
 
 	
* For an outlook of Asian stock trading, click on 	
* Most emerging Asian currencies extended gains on Wednesday, recording a second month of gains
in February on inflows to the region, and are expected to stay firm in March thanks to fresh
injection of cheap money by the European Central Bank. 
* Southeast Asian stock markets climbed on Wednesday as a continued recovery in global stock
markets lured bargain-hunters to riskier assets and as investors snapped up shares of firms with
favourable quarterly earnings and positive outlooks. 	

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