Trader's Highlight

FCPO-JAKARTA, July 3 (Reuters) - Malaysian palm futures recovered from earlier losses on Friday to end flat as investors took some positions ahead of the weekend amid a lack of fresh news on supply and demand, traders said.

The benchmark September palm oil contract on the Bursa Malaysia Derivatives Exchange ended unchanged at 2,175 ringgit ($617) a tonne, after going as low as 2,085 ringgit. Overall traded volume was at 14,971 lots at 25 tonnes.

REGIONAL EQUITIES-BANGKOK, July 3 (Reuters) - Major Southeast Asian stock markets fell to their lowest level in a week on Friday after losses on Wall Street following grim U.S. unemployment data, but Indonesia managed to end higher after an interest rate cut.

Singapore's Straits Times Index <.FTSTI> dropped 0.91 percent to its lowest in more than a week, Thai shares <.SETI> closed down 0.5 percent at a one-week low and Malaysia's index <.KLSE> fell 0.56 percent. The Philippine index <.PSI> slipped 0.27
percent.

But Indonesian stocks <.JKSE> recovered from a 1.3 percent fall to end up 0.46 percent after the central bank cut its key rate by 25 basis points to a record low of 6.75 percent and said it expected economic growth to reach the upper end of its 3-4 percent forecast range this year.