Malaysia-Market factors to watch Dec 7

KUALA LUMPUR, Dec 7 (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 [phone] or via email at [e-mail] or on Reuters messaging [e-mail])



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)

- Securities Commission Malaysia's introduction to the Islamic Capital Market at 9am (0100)

- AirAsia CEO Tony Fernandes speaks at 2pm (0600) as the budget carrier celebrates its 8th anniversary.

- Project financing agreement signing ceremony between RHB Islamic Bank and Joyful Gateway Sdn Bhd at 4.35pm (0835)

- Bank Negara Malaysia releases international reserves numbers for Nov 30 at 5pm (0900)



MARKET SNAPSHOTS
* Malaysia's benchmark stock index closed down 0.17 percent at 1,270.20 points with the market's gains capped by losses for Gamuda, which shed 2.2 percent. KNM topped Friday's most actives, losing 0.7 percent to 71 sen.
* U.S. stocks advanced on Friday as data showed the economy shed far fewer jobs than expected last month, brightening the outlook for the economy and profits.
* Oil prices fell nearly $1 to below $76 a barrel on Friday, pressured by a stronger dollar which outweighed better-than-expected U.S. jobs data.
* For global market news, click on
* Malaysian crude palm oil futures surged as much as 4.8 percent on Friday to hit a six-month high on forecasts that palm oil may climb above 3,000 ringgit next year.
* To see Malaysian central bank regular money market tenders issued at around 0930 local please click on the following link https://fast.bnm.gov.my/fastweb/public/MainPage.do?mode=MAIN
* To see the top Islamic finance stories from Malaysia and elsewhere click on
* For Malaysian stock recommendations hit or ---------------- MARKET SNAPSHOT AT 2303 GMT-------------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1,105.98 0.55% 6.060
USD/JPY 90.27 0.02% 0.020
10-YR US TSY YLD 3.478 -
0.000
SPOT GOLD $1,155.80 -0.32% -3.750
US CRUDE $75.90 0.57% 0.430
DOW JONES 10388.90 0.22% 22.75
ASIA ADRS 128.54 0.58% 0.74
FOR MALAYSIAN ECONOMIC INDICATORS, CLICK ON
FOR REALTIME MALAYSIAN ECONOMIC INDICATORS, HIT
KEY GLOBAL ECONOMIC NEWS, SEE
TOP NEWS ON ASIAN COMPANIES
FOR ECONOMIC FX RELATED NEWS, HIT
FOR WHAT INVESTORS ARE SAYING ABOUT DEALS
STOCKS - BUY OR SELL?


IN THE NEWS REUTERS MALAYSIA (Click on) >Malaysia stages surprise export recovery >Palm oil seen at 3,000 rgt, traders not so sure


ASIA MARKETS NEWS - For an outlook of Asian stock trading, click on - The Indian rupee and Taiwan dollar erased some of this week's gains against the dollar on Friday, following a broad market trend of risk reduction as traders grew tired of selling the yen and waited for U.S. non-farm payrolls. - Southeast Asian stocks mostly fell on Friday, with Singapore snapping a three-day winning streak and Thai stocks sagging as energy and industrial counters PTT and Siam Cement continued to suffer from an adverse court ruling.

(Reporting by Kuala Lumpur Newsroom)

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