Tuesday, September 23, 2008

Malaysian Stocks - Factors to watch

Here are news stories and factors that may affect the Malaysian stock market on Tuesday.

----------------------MARKET SNAPSHOT @ 2313 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG

S&P 500 1207.09 -3.82% -47.990

USD/JPY 105.61 0.2% 0.210

10-YR US TSY YLD 3.8522 -- 0.000

SPOT GOLD 905 0.53% 4.800

US CRUDE 108.68 -0.63% -0.690

DOW JONES 11015.69 -3.27% -372.75

ASIA ADRS 128.69 -2.34% -3.08

-------------------------------------------------------------

> Palm up as crude gains allay demand fears

> Telekom Malaysia to buy out VADS for $122 mln

> Malaysia's Lion in $9.8 bln Vietnam steel JV

> Malaysia Aug inflation seen near 27-yr high

> Malaysia rules out ringgit exchange rate peg

> Malaysia auto sales fall 0.8 pct in Aug on year

> Malaysia Sept 1-20 palm exports down 9.4 pct

> ITS survey shows Malaysia palm exports fall

> Malaysia international reserves at $119.1 bln

> Malaysians question wisdom of affirmative action[ID:nKLR41797 ]

> SE Asian Stocks-Vietnam jumps on inflation outlook

> US STOCKS-Bailout uncertainty, oil's surge sink Wall St

> Oil spikes $16 in single biggest jump amid expiry

> FOREX-Dollar tumbles, bailout plan stokes deficit concern[USD/]

> TREASURIES-Short dated yields ease, long bond yields rise

> Gold soars as investors flock to safe-haven metals

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