Trader's Highlights

DJI - NEW YORK, Nov 27 - U.S. stocks fell more than 1 percent in a truncated session on Friday as a possible debt default by a Dubai state-owned conglomerate led to fresh concerns about the global financial system.

The sell-off was broad, with selling concentrated mainly in the financial and commodity-linked sectors as investors trimmed positions in areas of the market most sensitive to economic uncertainty.

The Dow Jones industrial average dropped 154.48 points, or 1.48 percent, to end at 10,309.92. The Standard & Poor's 500 Index fell 19.14 points, or 1.72 percent, to 1,091.49. The Nasdaq Composite Index lost 37.61 points, or 1.73 percent, to 2,138.44.

NYMEX - NEW YORK, Nov 27 - U.S. crude oil futures ended lower on Friday amid concerns about a possible default at a Dubai state-owned conglomerate that lifted the dollar and also pressured equity markets. Dubai said on Wednesday two of its flagship firms planned to delay repayment on debt as a step toward restructuring the Dubai World conglomerate.

On the New York Mercantile Exchange, January crude fell $1.91, or 2.45 percent, to settle at $76.05 a barrel. Friday's intraday low was $72.39, the weakest since dropping to $70.62 on Oct. 9. Friday's high trade was $77.94.

SOYBEANS - January down 1-1/2 cents at $10.53 per bushel. Market came off day's lows as corn rallied. Initial pressure stemmed from strength in U.S. dollar, which makes U.S. products less competitive and prompts large investors to sell commodities as a hedge against inflation.

SOYOIL - December down 0.47 cent at 40.10 cents per lb. Pressured by weaker crude oil and meal/oil spreading.

FCPO - KUALA LUMPUR, Nov 26 - Malaysian crude palm oil futures ended flat on Thursday, easing from a 15-week high hit earlier in the session on some profit-taking after crude oil weakened in late Asian trade.

Palm oil climbed to its highest since Aug. 13 after top Asian buyers such as China and India bought more palm oil since the vegetable oil's discount to rival soyoil has widened to $130-$150 a tonne versus $100 generally.

Prospects of heavy rain cutting into production also lifted the market, which has risen 6.7 percent since Nov. 16.

The benchmark February contract on the Bursa Malaysia Derivatives Exchange rose as much as 39 ringgit to 2,521 ringgit ($746.5) before ending unchanged when profit taking settled in.

REGIONAL EQUITIES - BANGKOK, Nov 27 - Southeast Asian stock markets fell on Friday as concern about a debt crisis in Dubai fuelled selling in banks and big caps such as Indonesia's Bank Mandiri, Thailand's Italian-Thai and the Philippines' Metropolitan Bank.

Indonesia's benchmark stock index dropped 2.8 percent to its lowest in more than two weeks, Thailand's index lost 0.8 percent to its lowest since Nov. 4 and the Philippines slid 1.5 percent to a one-week low.

Vietnam rose 1.7 percent, stemming its losses after an interest rate rise and currency devaluation. Stock markets in Singapore and Malaysia were closed for national holidays.

Breaking News-RTRS-US Oct soy crush 163.06 mln bu-Census Bureau

-U.S. OCT SOYBEAN CRUSH 163.06 MLN BUSHELS -- CENSUS BUREAU
-U.S. OCT TOTAL FACTORY/WAREHOUSE SOYOIL STOCKS 2.727 BILLION LBS-- CENSUS
-U.S. OCT SOYMEAL/HULLMEAL STOCKS 444,940 SHORT TONS -- CENSUS BUREAU

Breaking News-RTRS-UPDATE 1-Indonesia keeps Dec palm oil export tax at zero

JAKARTA, Nov 25 (Reuters) - Indonesia will keep its palm oil export tax at zero for the fifth consecutive month in December but will raise the crude palm oil (CPO) base export price to $623 a tonne from $595 in November due to a price rise, a trade ministry official said on Wednesday.

Trader's Highlight

DJI-NEW YORK, Nov 25 (Reuters) - U.S. stocks rose in light trading volume on Wednesday, supported by data that pointed to stabilization in the labor and housing markets, areas that have fed concerns about a "double dip" recession.

Trading volume was among the lightest of the year one day before the Thanksgiving holiday, with many senior traders absent from trading floors. Even so, the Dow industrials and the S&P 500 edged to fresh 13-month highs.

The Dow Jones industrial average <.DJI> gained 30.69 points, or 0.29 percent, to end at 10,464.40. The Standard & Poor's 500 Index <.SPX> rose 4.98 points, or 0.45 percent, to 1,110.63. The Nasdaq Composite Index <.IXIC> advanced 6.87 points, or 0.32 percent, to close at 2,176.05.

U.S. financial markets will be closed on Thursday to mark Thanksgiving. On Friday, trading resumes, but the U.S. stock market will close early at 1 p.m. (1800 GMT).

NYMEX-NEW YORK, Nov 25 (Reuters) - U.S. crude oil futures rose on Wednesday, lifted by the weak dollar after a government oil inventory report showed crude stocks rose last week.

On the New York Mercantile Exchange, January crude rose $1.94, or 2.55 percent, to settle at $77.96 a barrel, trading from $75.50 to $78.04.

CBOT-SOYBEANS - January up 8-1/2 cents at $10.54-1/2 a bushel. Market turns higher after early weakness as crude oil prices rally. Strong global demand continues to lend strength to soy, which closed 1 cent below its intraday high.

U.S. Census pegs October soybean crush at 163.06 million bushels, slightly below estimates for 163.7 million bushels.

CBOT-SOYOIL - December up 0.87 cent at 40.57 cents per lb. Rally in crude oil, weak dollar support prices.

FCPO-KUALA LUMPUR, Nov 25 (Reuters) - Malaysian crude palm oil scored 15-week highs on Wednesday, supported by speculation rainy weather will hit output, but ended back from those highs on slowing export growth as reported by cargo surveyors.

Palm oil scaled its highest since Aug.14 earlier in the session. The benchmark February contract on the Bursa Malaysia Derivatives Exchange rose as much as 40 ringgit to 2,518 ringgit ($746.9) before settling 3 ringgit higher at 2,481 ringgit.

REGIONAL EQUITIES-BANGKOK, Nov 25 (Reuters) - Vietnam's stock market hit a
three-month low on Wednesday after the central bank raised interest rates and devalued the currency but Thailand rose nearly 3 percent on relief an anti-government protest was postponed.

Singapore edged higher while other Southeast Asian markets eased slightly. In Singapore, shares in CapitaMalls Asia gained 8.5 percent to S$2.3 on their debut, compared with the initial public offer price of S$2.12.

In Kuala Lumpur, financial firm AMMB Holdings was down 2.4 percent and telecoms firm Maxis was up 1.9 percent.

CBOT Soyoil Daily: Gaining ground

Market recovered with closing at day high at USc41.10. However, more strength is still needed to break out from the recent high at USc41.15 in order for a more sustainable rally. As for now, we continue to look for the immediate upside resistance at USc41.15 followed by USc42.23-USc42.48 (gap left over on 6/10/2009). Immediate downside support is adjusted to USc40.00.

NYMEX Crude Daily: Range trading

Market looks defended well at USD75.00. Thus, market may trade in the range between USD75.00 to USD82.00 in near term. Violation of either one may give a more clearer direction.

FCPO Daily: Likely to challenge 2521 and higher

Market is getting closer to the upside target at 2521 levels. Violation of it may provide more room to further upside potential. Next resistance will be looking at 2580-2600. While, downside support remains at 2428-2419 (gap left over on 23/11/2009).

Breaking News-RTRS-US soybean exports to stay high - Oil World

HAMBURG, Nov 24 (Reuters) - U.S. soybean exports are likely to remain high, supporting soybean prices, but the outlook for the South American crop in early 2010 will be key in price setting, Hamburg-based oilseeds analysts Oil World said on Tuesday.
The recent rise in U.S soybean futures has been fuelled by higher than expected Chinese demand, low South American supplies and high U.S. exports, it said.

Breaking News-RTRS-Asia palm oil stocks to fall on soy premium, rain

KUALA LUMPUR, Nov 24 (Reuters) - Palm oil stocks in Indonesia and Malaysia will drop around 500,000 tonnes to 3.5 million tonnes by the end of the year as strong Asian demand outpaces production hit by rains, traders said on Tuesday.
Stocks in the world's top two producers of the vegetable oil are set to come down by half a million tonnes in a matter of five weeks as big buyers China and India keep on purchasing palm oil that holds a $140 a tonne discount to rival soyoil.
Palm oil's discount usually stands at $40-50 a tonne in the last three months to the soyoil once the U.S. soybean harvests comes in, trade data showed.
Rainy weather in Malaysia hitting palm oil output will also contribute to the decline in stocks, said Malaysian, Singaporean and Indonesian traders.

Breaking News-RTRS-INTERVIEW-Indonesia govt raises palm oil output forecasts

JAKARTA, Nov 24 (Reuters) - Indonesia has raised its forecasts for crude palm oil production in 2009 and 2010 because of better weather conditions and an increase in plantation areas, an agriculture ministry official said on Tuesday.
The ministry is now forecasting 2009 palm oil output of 21 million tonnes, an increase of 6.6 percent from its previous estimate of 19.7 million tonnes, said Achmad Mangga Barani, director general for plantation at the ministry, in an interview with Reuters.
As for 2010, he said the ministry had raised its output forecast to 22-23 million tonnes, from 20.5 million tonnes previously.

Breaking News-RTRS-ANALYSIS-China's massive soy imports to flow into 2010

BEIJING, Nov 24 (Reuters) - China will retain its huge appetite for soy imports next year, and shipments may even eclipse this year's record, thanks to Beijing's pledge to keep shoring up local prices and a pick-up in soymeal demand.
Rising imports are already evident as the world's biggest soy importer has taken advantage of a record U.S. harvest to book 15.84 million tonnes of new U.S. soy, nearly twice as much as the 8.28 million tonnes booked by this point in 2008, U.S. Department of Agriculture figures show.

Breaking News-RTRS-BRIEF-Palm oil prices to average 3,000 rgt/t in 2010-Stanchart

KUALA LUMPUR, Nov 24 (Reuters) - Standard Chartered said Malaysian crude palm oil prices (CPO) will recover from second quarter in 2010 and average 3,000 ringgit ($889.4) per tonne in 2010 from 2,202 ringgit a tonne this year.
Standard Chartered's forecasts issued on Tuesday assume limited downside for the vegetable oil on the back of higher oil prices, as CPO has re-established its correlation with energy prices.
This relationship is expected to provide solid support for palm oil for the rest of 2009 and into 2010.

Trader's Highlight

DJI-NEW YORK, Nov 24 (Reuters) - U.S. stocks fell on Tuesday on lackluster economic data in a session marked by low volume and choppy trading, but losses eased after the Federal Reserve raised its expectations for growth in 2010.

Stocks fell early in the session as revised government data on gross domestic product showed the U.S. economy grew at a slower-than-expected pace in the third quarter.

The U.S. stock market will be closed on Thursday in observance of Thanksgiving Day. On Friday, it will be open for only half a day due to the holiday.

The Dow Jones industrial average <.DJI> dropped 17.24 points, or 0.16 percent, to end at 10,433.71. The Standard & Poor's 500 Index <.SPX> inched down just 0.59 of a point, or 0.05 percent, to 1,105.65. The Nasdaq Composite Index <.IXIC> fell 6.83 points, or 0.31 percent, to 2,169.18.

NYMEX-NEW YORK, Nov 24 (Reuters) - U.S. crude oil futures ended lower on Tuesday on a report showing third-quarter economic growth was less than estimated earlier and on expectations that crude oil inventories rose last week.

The U.S. Energy Information Administration's inventory report is due at 10:30 a.m. EST (1530 GMT) on Wednesday.

On the New York Mercantile Exchange, January crude fell $1.54, or 1.99 percent, to settle at $76.02 a barrel, trading from $75.60 to $77.80. Globex electronic trading after settlement and the API data release ended at $75.84 a barrel, down $1.72, with the range unchanged.

CBOT-SOYBEANS - January up 4 cents at $10.46 a bushel. Strong export demand and slowdown in harvest help limit pressure from weak corn and crude oil.

CBOT-SOYOIL - December up 0.30 cent at 39.70 cents per lb. Rallying despite declines in crude oil.

FCPO-KUALA LUMPUR, Nov 24 (Reuters) - Malaysian crude palm oil futures ended 0.3 percent lower on Tuesday, easing from a 14-week high hit the previous day, on weaker commodity markets.

The benchmark February contract on the Bursa Malaysia Derivatives Exchange closed down 8 ringgit to 2,478 ringgit ($731.4) after going as low as 2,430 ringgit earlier.

REGIONAL EQUITIES-BANGKOK, Nov 24 (Reuters) - Southeast Asian stock markets
ended mixed on Tuesday, with Singapore reversing early gains to 15-month highs after broad selling in banks and property while Thai stocks fell to three-week lows amid political concerns.

Singapore's index <.FTSTI> eased 0.6 percent, with DBS Group , Southeast Asia's biggest bank, sliding 2.4 percent, United Overseas Bank easing 1.6 percent and Oversea-Chinese Banking Corp off 2.1 percent.

Malaysia <.KLSE> inched down 0.1 percent, with telecoms firm Maxis easing 2.3 percent while IOI Corp added 1 percent before it announced after the market close that its quarterly net profit jumped 65 percent.

NYMEX Crude Daily: Heavy top

Market momentum getting weaker and heavy top. Thus, market looks may extend its sideways to bias downside potential in near term. We maintain the immediate downside support at USD75.00 to USD73.00. To the upside, resistance is pegged at USD82.00

CBOT soyoil Daily:

Market tested the upside resistance at USc40.77 (high since 3/6/2009) but not manage to stay firm and resulted a long upper shadow candle printed. This has weaken a little the market upside move. Thus, more strength is still needed for a more sustainable upward move. As for now, we continue to look for the immediate upside resistance at USc40.77-41.15. Immediate downside support remains at USc39.00.

FCPO Daily: May challenge 2521 levels

The overall technical landscape looks bullish following prices gap up and surge to close off the intra-day high with printed a long white candle. Market looks may continue to challenge the recent high at 2521 (high since 13/8/2009). While, downside support is adjusted to 2428-2419 (gap left over on 23/11/2009).

Breaking News-RTRS-China to suspend weekly state corn, soy sales

BEIJING, Nov 23 (Reuters) - China will suspend weekly auctions of state corn and soybean reserves from next month to support domestic prices amid increased supplies from new harvests.
Weekly auctions of corn and soybeans from warehouses in four provinces in the northeast would be suspended from Dec. 1, according to a notice posted on the website of the National Grain & Oil Trade Center (www.grainmarket.com.cn).

Breaking News-RTRS-China Dec soy imports seen at 2.95 mln T -Mofcom

BEIJING, Nov 23 (Reuters) - China's Commerce Ministry has revised slightly upwards its estimate for the country's November soy imports to 2.86 million tonnes, while it put December imports initially at 2.95 million tonnes.
Both figures were higher than October imports at 2.52 million tonnes, but lower than traders' estimates between 3 million tonnes to 3.5 million tonnes for November and 4 million tonnes for December.

Trader's Highlight

DJI-NEW YORK, Nov 23 (Reuters) - Gold scaled a record high on a weak dollar and global stocks jumped on Monday after better-than-expected U.S. home sales data and rosy economic news in the euro zone bolstered appetite for riskier assets.

The dollar slid after a Federal Reserve official affirmed expectations that U.S. interest rates would stay low for some time and data showing that sales of previously owned U.S. home rose to a more than 2-1/2-year high dampened the currency's safe-haven appeal.

The Dow Jones industrial average <.DJI> gained 132.71 points, or 1.29 percent, to 10,450.87. The Standard & Poor's 500 Index <.SPX> rose 14.85 points, or 1.36 percent, to 1,106.23. The Nasdaq Composite Index <.IXIC> added 29.97 points, or 1.40 percent, to 2,176.01.

NYMEX-NEW YORK, Nov 23 (Reuters) - U.S. crude oil futures ended slightly higher on Monday in choppy trading, supported by the weak dollar and expectations for economic growth even as concerns about demand and high inventories helped limit oil's rise.

On the New York Mercantile Exchange, January crude edged up 9 cents, or 0.12 percent, to settle at $77.56 a barrel, trading from $77.15 to $79.92.

CBOT-SOYBEANS - January down 4 cents at $10.42 a bushel. Retreated from 12-week high spot price as crude oil market pared its gains. Profit-taking and hedge-related selling as farmers try to lock in prices also added pressure. Earlier rally tied to robust export demand and dollar weakness.

CBOT-SOYOIL - December down 0.31 cent at 39.40 cents per lb. Backed off highs along with crude oil. Gaining versus soymeal on oil/meal spreading.

FCPO-KUALA LUMPUR, Nov 23 (Reuters) - Malaysian crude palm oil futures jumped as much as 3.1 percent to a new 14-week high on Monday thanks to revived interest in commodity markets and fears that more rainy weather will curb output.

The benchmark February contract on the Bursa Malaysia Derivatives Exchange rose by as much as 76 ringgit to 2,495 ringgit ($737.9) before settling at 2,486 ringgit a tonne.

REGIONAL EQUITIES-BANGKOK, Nov 23 (Reuters) - Singapore's stock market climbed
to its highest in 15 months on Monday, pushed up by financials such as DBS and United Overseas Bank, while selling in big-cap banks and energy shares dragged Thailand down to two-week lows.

Singapore's index <.FTSTI> ended up 1.3 percent at its highest since Aug. 18, 2008, with DBS Group , Southeast Asia's biggest lender, rising 2.2 percent and second-ranked United Overseas Bank 1.8 percent higher.

Malaysia <.KLSE>, which will also close on Friday for a national holiday, eased 0.3 percent, with telecoms firm Axiata Group sliding 1 percent and gaming group Genting declining 1.1 percent.

Trader's Highlight

DJI-NEW YORK, Nov 20 (Reuters) - Global stocks slid and the U.S. dollar rose on Friday as investors cut their exposure to risky assets amid signs of an anemic U.S. economic recovery.

The Dow Jones industrial average <.DJI> closed down 14.28 points, or 0.14 percent, at 10,318.16. The Standard & Poor's 500 Index <.SPX> fell 3.52 points, or 0.32 percent, at 1,091.38. The Nasdaq Composite Index <.IXIC> slid 10.78 points, or 0.50 percent, at 2,146.04.

NYMEX-NEW YORK, Nov 20 (Reuters) - U.S. crude oil futures ended lower on Friday, dragged down by a resurgent dollar and as equities dipped on economic recovery worries.

On the New York Mercantile Exchange, December crude expired and settled down 74 cents, or 0.96 percent, at $76.72 a barrel, trading from $76.20 to $77.99.

For the week, front-month crude futures were up 37 cents, or 0.5 percent.
NYMEX January crude settled down 58 cents, or 0.74 percent, at $77.47 a barrel, trading from $76.76 to $78.61.

CBOT-SOYBEANS - January up 7 cents at $10.46 a bushel. Strong demand from China pulled prices higher despite weak crude oil market and firm dollar.

CBOT-SOYOIL - December up 0.26 cent at 39.71 cents per lb. Unwinding of soymeal/soyoil spreads supported market even as crude oil prices fell.

FCPO-JAKARTA, Nov 20 (Reuters) - Malaysian crude palm oil futures rose 2 percent on Friday to close at their highest in more than three months, underpinned by estimates of strong exports in the first 20 days of November, traders said.

The benchmark February contract Bursa Malaysia Derivatives Exchange settled up 48 ringgit at 2,419 ringgit ($714.83) per tonne, a level not seen since Aug. 14.
Overall volume was at 13,093 lots of 25 tonnes each.

REGIONAL EQUITIES-BANGKOK, Nov 20 (Reuters) - Singapore stocks edged slightly
higher on Friday as top bank DBS rose after an analyst's upgrade, and Indonesia climbed almost 1 percent, with lenders such as Bank Danamon and Bank Negara rising on an upbeat loan growth outlook.

The Straits Times Index <.FTSTI> ended up 0.1 percent, with DBS Group , Southeast Asia's biggest lender, up 1.8 percent at S$14.86. RBS upgraded its recommendation on the stock to "buy" from "hold" and raised its target price to S$18.

Elsewhere, Malaysia <.KLSE> inched down 0.2 percent, with palm plantation firm KL Kepong down 2.3 percent, while Maybank rose 0.14 percent after Citigroup initiated coverage of Malaysian banks with Maybank as its top pick.

FCPO Weekly: Gaining ground

The end of consolidation phase following market close firm at above 2400 levels. Market has gaining more strength to its upside momentum and looks may want to challenge the recent high at 2521 (high since 16/8/2009). While, downside support is adjusted to 2305-2285(gap left over since 22/11/2009).

DJI Weekly: Inching up slowly

Market manage to stay firm above 10,300 levels had strengthen further the overall immediate technical landscape. Thus, we are now look for the upside resistance at 10,500-10,800. To the downside, support is remains at 10,000.

FKLI Weekly: Still the same

Nothing much improvement as market continue holding ground. Hence, up-trend remains intact in near term. We still looking for the upside resistance at 1300 followed by 1314.5-1348 (gap left over on 3/9/2008). While, downside support is pegged at 1250 followed by 1230.

Breaking News-RTRS-Indonesia 2010 palm oil exports seen up 6-8 pct - assoc

JAKARTA, Nov 19 (Reuters) - Indonesia's palm oil exports are expected to grow between 6-8 percent in 2010, from 16 million tonnes estimated for this year, an industry official said on Thursday, thanks to buying from India and China. The world's top palm oil producer is expected to produce 22.5 million tonnes of palm oil next year, against 20.5 million tonnes seen for this year, said Fadhil Hasan, executive director of Indonesian Palm Oil Producers Association (GAPKI).

Breaking News-RTRS-Argentina soy area unchanged from week ago-exchange

BUENOS AIRES, Nov 19 (Reuters) - Argentina's 2009/10 soy area was forecast at a record 19 million hectares, unchanged from the previous weekly outlook, the Buenos Aires Grains Exchange said on Thursday.

Trader's Highlight

DJI-NEW YORK, Nov 19 (Reuters) - Shares slumped globally on Thursday and the dollar gained against the euro as investors reassessed optimistic expectations for a rebound in world economic growth.

The Dow Jones industrial average <.DJI> dropped 93.87 points, or 0.9 percent, at 10,322.44. The Standard & Poor's 500 Index <.SPX> fell 14.90 points, or 1.34 percent, at 1,094.90. The Nasdaq Composite Index <.IXIC> dropped 36.32 points, or 1.66 percent, at 2,156.82.

The U.S. dollar and the yen climbed, with major European currencies and the New Zealand and Australian dollars being the biggest losers. Despite the dollar's strength, it has still lost about 20 percent versus the euro since early March.

NYMEX-NEW YORK, Nov 19 (Reuters) - U.S. crude oil futures ended nearly 3 percent lower on Thursday, as Wall Street declined broadly on worries about corporate earnings despite generally positive economic data for the day.

On the New York Mercantile Exchange, December crude , which expires on Friday, settled $2.12 lower, or 2.66 percent, at $77.46 a barrel, trading from $77.06 to $79.87.

CBOT-SOYBEANS - January up 12 cents at $10.39 a bushel. Big export sales of U.S. soy and news from USDA of a sale of U.S. soybeans to China lifts soybean market. Showers that are slowing harvest in some U.S. soybean areas may also underpin prices. Gains limited by firm dollar, lower crude oil and gold and downturn in stock market.

CBOT-SOYOIL - December down 0.30 cent at 39.45 cents per lb. Falling crude oil and firm dollar weigh on soyoil futures.

FCPO-JAKARTA, Nov 19 (Reuters) - Malaysian crude palm oil futures dropped 1.2 percent on Thursday as investors locked in their profits, after the price rose on Wednesday to hit its highest level in more than three months, traders said. Investors shrugged off a leak of the export data showing that Nov. 1-20 exports rose 18 percent to 960,000 tonnes, as the figure had already been priced into the recent rally, traders said. The date is due to be released by cargo surveyor Intertek Testing Service (ITS) on Friday.

The benchmark February contract on the Bursa Malaysia Derivatives Exchange settled down 29 ringgit to 2,371 ringgit ($699.51) per tonne. Overall volume shot up to 18,805 lots of 25 tonnes each, compared to the usual 10,000 lots.

REGIONAL EQUITIES-BANGKOK, Nov 19 (Reuters) - Singapore's stock market gained on Thursday as optimism about the economic outlook pushed up big caps such as SingTel and lender OCBC, while Malaysia showed a modest gain as telecoms firm Maxis made a positive debut.

The Straits Times Index <.FTSTI> rose 0.5 percent, erasing part of a two-day loss of 1.4 percent, with Singapore Telecommunications , Southeast Asia's biggest telecom firm, up 1 percent and Oversea-Chinese Banking Corp 1.2 percent higher.

However, analysts said it may struggle to go higher because of the sector's steep valuations and sluggish growth prospects. Malaysia <.KLSE> edged up 0.12 percent, with top mobile phone operator Maxis making a strong market debut after its $3.3 billion initial public offering, ending at 5.42 ringgit compared with its IPO price of 5.00 ringgit.

FCPO Daily Immediate outlook remains positive

Market took a little breathe after the recent strong rebound to cover until some of the 3rd upside gap. Nevertheless, immediate daily technical reading remains positive. Thus, we are still looking the upside resistance at 2415-2424 (unfilled gap since 17/8/2009) followed by the next resistance at 2521 (high since 13/8/2009) in near term. While to the downside support remains at 2305-2273 (gap left over on 16/11/2009).

FKLI Daily: Showing tiredness mode

Market shows tiredness after tested immediate support at 1270 in intra-day basis. Thus, market may enter into correction zone in near term. Currently, we are still looking for the immediate upside resistance at 1286. To the downside, immediate support is maintain at 1270 followed by 1262-1258 (unfilled gap left over on 6/11/2009.

Trader's Highlight

DJI-NEW YORK, Nov 18 (Reuters) - U.S. stocks broke three days of gains on Wednesday following worrisome outlooks from two major software makers and a surprising drop in home construction last month.

The Dow Jones industrial average <.DJI> dropped 11.11 points, or 0.11 percent, to 10,426.31. The Standard & Poor's 500 Index <.SPX> dipped just 0.52 of a point, or 0.05 percent, to finish at 1,109.80. The Nasdaq Composite Index <.IXIC> lost
10.64 points, or 0.48 percent, to end at 2,193.14.

NYMEX-NEW YORK, Nov 18 (Reuters) - U.S. crude futures ended higher on Wednesday as the government reported crude inventories fell last week, but gains were pared on recovery doubts as Wall Street slid on bleak homebuilding data.

On the New York Mercantile Exchange, December crude settled up 44 cents, or 0.56 percent, at $79.58 a barrel, trading from $78.67 to $80.33. The NYMEX December crude contract expires on Friday.

CBOT-SOYBEANS - January down 2-1/2 cents at $10.27 a bushel. Profit-taking and producer hedge selling from the U.S. and South America weigh after soy had rallied to 2-1/2 month high.

CBOT-SOYOIL - December down 0.06 cent at 39.75 cents per lb. Profit-taking turns market weak by close.

FCPO-JAKARTA, Nov 18 (Reuters) - Malaysian crude palm oil futures rose 2.5 percent on Wednesday to end at a 13-½ week closing high, underpinned by hopes for a recovery in demand and strong crude oil prices, traders said.

The benchmark February contract on the Bursa Malaysia Derivatives Exchange settled up 58 ringgit, or 2.5 percent, to 2,400 ringgit ($713.43) per tonne, after going as high as 2,415 ringgit. The close was also the highest since Aug. 14. Overall volume shot up to 18,323 lots of 25 tonnes each compared to the usual 10,000 lots.

REGIONAL EQUITIES-BANGKOK, Nov 18 (Reuters) - Stock markets in Singapore and
Malaysia fell on Wednesday, with developer Ying Li tumbling following a share issuance plan and palm oil shares such as Sime Darby and IOI Corp leading the decliners in Kuala Lumpur.

Malaysia <.KLSE> edged down 0.4 percent, erasing some of its 0.7 percent advance in the past two days, while Thailand <.SETI> inched up 0.1 percent after ending flat on Tuesday.

FCPO Daily: Strengthen further

Overall daily technical reading strengthen further following market covered some of the upside gap. Thus, market may continue to challenge left over upside gap since 17/8/2009 at 2415-2424 followed by the next resistance at 2521 (high since 13/8/2009) in near term. While to the downside support remains at 2305-2273 (gap left over on 16/11/2009).

Breaking News-RTRS-Oil World cuts Argentine 2010 soy crop forecast

HAMBURG, Nov 17 (Reuters) - German oilseeds analysts Oil World said on Tuesday it has cut its forecast of Argentina's soybean crop in early 2010 to 48 million tonnes from 50 million tonnes in its previous forecast on Nov. 3 due to dry weather.
In late October it had estimated the country's crop in early 2010 at 52 million tonnes.
But the lower forecast would still be an increase on the drought-reduced 32.0 million tonnes Argentina harvested in early 2009.
Dry weather continues to cause serious concern about Argentina's crop in early 2010, it said.

Breaking News-RTRS-Global biodiesel output to rise sharply-Oil World

HAMBURG, Nov 17 (Reuters) - Global 2010 biodiesel production is likely to rise by about 20 percent on the year but the world industry will still work way under capacity, Hamburg-based oilseeds analysts Oil World has forecast.
World 2010 biodiesel output will rise to an estimated 19.16 million tonnes from 15.92 million tonnes forecast in 2009, it said on Tuesday.

Trader's Highlight

DJI-NEW YORK, Nov 17 (Reuters) - U.S. stocks rose to fresh 13-month highs on Tuesday as upbeat broker views on improving prospects for two Dow components offset disappointing holiday spending outlooks from Target and Home Depot.

The Dow Jones industrial average <.DJI> rose 30.46 points, or 0.29 percent, to close at 10,437.42. The Standard & Poor's 500 Index <.SPX> edged up 1.02 points, or 0.09 percent, to 1,110.32. The Nasdaq Composite Index <.IXIC> added 5.93 points, or 0.27 percent, to 2,203.78.

NYMEX-NEW YORK, Nov 17 (Reuters) - U.S. crude oil futures rose slightly in post-setttlement trading on Tuesday after industry inventory data showed a larger-than-expected drawdown in domestic crude stocks last week.

On the New York Mercantile Exchange at 5:10 p.m. EDT (2210 GMT), December crude was up 44 cents, or 0.56 percent, at $79.34 a barrel. It had settled earlier up 24 cents, or 0.3 percent, at $79.14.

CBOT-SOYBEANS - January up 19-1/2 cents at $10.29-1/2. Fund buying, soaring soymeal and a return to wet weather that will slow the final stages of U.S. soybean harvest lift soy market to 2-1/2 month high.

CBOT-SOYOIL - December up 0.04 cent per lb at 39.81. Following soybeans higher but profit-taking limits gains.

FCPO-JAKARTA, Nov 17 (Reuters) - Malaysian crude palm oil futures edged up 0.3 percent on Tuesday, the fourth consecutive day of gains, but profit-taking in late trade wiped out much of the increase, traders said.

The benchmark February contract on Bursa Malaysia Derivatives Exchange was up 6 ringgit to 2,342 ringgit ($695.99) per tonne, after going as high as 2,370 ringgit, a level not seen since Aug. 28. Overall volume was 15,604 lots of 25 tonnes each.

REGIONAL EQUITIES-BANGKOK, Nov 17 (Reuters) - Singapore's stock market fell on
Tuesday as profit-taking hit big caps such as developer CapitaLand and lender United Overseas Bank, but most other Southeast Asian markets ended with small gains.

The Straits Times Index <.FTSTI> lost 0.7 percent as CapitaLand slid 2.4 percent on resuming trade after final pricing on its shopping mall unit's initial public offering, while number two bank UOB fell 1.4 percent.

Malaysia's index <.KLSE> inched up 0.13 percent, rising earlier to its highest since May 21, 2008, with Malayan Banking up 1.02 percent and Axiata Group up 1.6 percent.

Breaking News-RTRS-UPDATE 2-India's '08/'09 veg oil imports jump 37 pct

NEW DELHI, Nov 16 (Reuters) - India's vegetable oil imports surged 37 percent to a record in 2008/09, fuelled by higher consumption and low taxes, but imports in October, the last month of the oil year, dipped as expected.
"The current trend gives a hint that imports would touch 10 million tonnes in 2-3 years," said B.V. Mehta, executive director of the Solvent Extractors' Association of India.

Breaking News-RTRS-US soybean crush 155.262 mln bu in October-NOPA

-U.S. OCT SOYBEAN CRUSHINGS 155.262 MLN BU VS SEPT 107.379 MLN--NOPA
-U.S. OCT SOYMEAL EXPORTS 702,121 TONS VS SEPT 328,768 TONS--NOPA
-U.S. OCT SOYOIL STOCKS 2.286 BLN LBS VS SEPT 2.262 BLN--NOPA

Trader's Highlight

DJI-NEW YORK, Nov 16 (Reuters) - U.S. stocks rose broadly on Monday, sending indexes to fresh 13-month closing highs, after Federal Reserve Chairman Ben Bernanke reinforced expectations that interest rates would stay low to spur growth.

Bernanke repeated that the Fed was likely to keep interest rates exceptionally low for "an extended period," a pledge that weighed on the U.S. dollar and drove investors to snap up shares of natural resource companies as prices of global commodities -- from gold to wheat -- shot higher.

In a speech before the Economic Club of New York, Bernanke said the recovery would not be as robust as previously hoped, and rising unemployment and tight bank lending were significant headwinds.

The Dow Jones industrial average <.DJI> gained 136.49 points, or 1.33 percent, to 10,406.96. The Standard & Poor's 500 Index <.SPX> shot up 15.82 points, or 1.45 percent, to 1,109.30 -- its first close above the psychologically important 1,100 level for the first time since October 2008.

The Nasdaq Composite Index <.IXIC> jumped 29.97 points, or 1.38 percent, to 2,197.85.

NYMEX-NEW YORK, Nov 16 (Reuters) - U.S. crude futures ended more than 3 percent higher on Monday as a weakened dollar prompted investors to buy into commodities.

On the New York Mercantile Exchange, December crude settled up $2.55, or 3.34 percent, at $78.90 a barrel, trading from $76.32 to $79.52. On Friday it hit a low of $75.57, the cheapest since prices hit $74.79 on Oct. 15.

CBOT-SOYBEANS - January up 23 cents at $10.10 per bushel. Weak dollar, firm crude oil and gains in equities and gold combine buoy soybean futures. Return to wet weather in portions of U.S. Midwest that will slow soy harvest also supportive.

NOPA October soy crush at 155.262 million bushels, well above trade estimates for 137.9 million.

CBOT-SOYOIL - December up 1.16 cents at 39.77 cents per lb. Support from gains in soybeans, higher crude oil and weak dollar.

NOPA pegs U.S. October soyoil stocks 2.286 billion lbs, versus September 2.262 billion.

FCPO-JAKARTA, Nov 16 (Reuters) - Malaysian crude palm oil futures rose 2.1 percent on Monday to an 11-week closing high supported by strong exports in the first fifteen days of November and a jump in crude oil prices, traders said.

The benchmark February contract on Bursa Malaysia Derivatives Exchange rose 48 ringgit to 2,336 ringgit ($694.20) per tonne, a level not seen since Aug. 28. Overall volume shot up to 19,487 lots of 25 tonnes each from the usual 10,000 lots.

REGIONAL EQUITIES-BANGKOK, Nov 16 (Reuters) - Singapore's stock index <.FTSTI>
climbed to its highest in 15 months on Monday, leading gains in other major Southeast Asian stock markets as investors snapped up banks and CapitaLand gained on plans to list its mall unit.

The Straits Times Index <.FTSTI> ended up 2.1 percent at its highest since Aug. 18, 2008, led by a 5.2 percent surge in United Overseas Bank , a 4.2 percent climb in Oversea-Chinese Banking Corp and a 3 percent gain in DBS .

Malaysia's index <.KLSE> was up 0.6 percent, led by a 2.8 percent rise in financial CIMB Group Holdings following its plan to raise about 4.5 billion baht ($136 million) from a public offering in the Thai market by the middle of 2010.

Its 94 percent owned CIMB Thai Bank gained 2.3 percent on the Thai bourse, while the broader Thai stock market was up 1.2 percent on the day. Among gainers in Kuala Lumpur, shipping firm MISC rose 2.2 percent and Petronas Gas was up 1.5 percent.

FCPO Daily: May want to challenge the gap left over at 2402-2424.

Consolidation phase has come to the ends as market gap up and fully cover the two upside gap, one at 2285-2299 another one at 2335-2352. Thus, market may likely to target the 3rd upside gap left over since 17/8/2009 at 2402-2424. While, to the downside support is pegged at 2305-2273 (gap left over on 16/11/2009).

CBOT soyoil Daily: Fabulous

Market shut all the way up to close firm at above USD40.00 with a long white candle printed had drawn a bullish picture. Thus, market is likely to challenge the upside target at USD40.77 (high since 3/6/2009) following a significant breakout from the overhead resistance at USD39.18. Immediate downside support is lies at USD39.00 followed by USD38.50-38.00.

DJI Daily: Building up base

Market stayed firm at above 10,400 levels following a convincing break out from the overhead resistance at 10,200 levels. This had strengthen further the overall technical landscape to bias upside potential. Thus, market may likely to march higher to challenge the next resistance at 10,500-10,800. To the downside, support is pegged at 10,200-10,000.

FKLI Daily: Slowly inching up

Market is inching up slowly to challenge the recent high at 1286.0. Thus, violation of it may see more room to bias upside potential in near term market. Currently, we are still looking for the immediate upside resistance at 1286 followed by 1300-1310. To the downside, immediate support is lies at 1270 followed by 1262-1258 (unfilled gap left over on 6/11/2009.

Trader's Highlight

DJI-NEW YORK, Nov 13 (Reuters) - U.S. stocks rose in light volume on Friday to achieve a second straight week of gains as upbeat retail news reinforced hopes for strong sales in the key holiday season

The Dow Jones industrial average <.DJI> added 73.00 points, or 0.72 percent, to end at 0,270.47. The Standard & Poor's 500 Index <.SPX> rose 6.24 points, or 0.57 percent, to 1,093.48. The Nasdaq Composite Index <.IXIC> rose 18.86 points, or 0.88
percent, to close 2,167.88.

NYMEX-NEW YORK, Nov 13 (Reuters) - U.S. crude futures fell on Friday on demand worries as souring consumer sentiment and a bigger trade deficit raised fresh concerns about the economic recovery.

On the New York Mercantile Exchange, December crude settled down 59 cents, or 0.77 percent, at $76.35 a barrel, trading from $75.57 to $77.67. The day's low was the cheapest since prices hit $74.79 on Oct. 15. For the week, the NYMEX contract fell $1.30, or 1.67 pct.

CBOT-SOYBEANS - November expired up 1-3/4 cents at $9.84 a bushel, January down 3 at $9.87; deferreds down 1 to 3-1/2.

Late profit-taking and fund selling weighed on soybeans after early support from big U.S. soy exports and spillover buying from soymeal. National Oilseed Processors Assn to report October crush figures on Monday.

CBOT-SOYOIL - December up 0.24 cent per lb at 38.61 cents per lb; deferreds up 0.16 to 0.25 cent per lb.

FCPO-KUALA LUMPUR, Nov 13 (Reuters) - Malaysian crude palm oil futures rose 1 percent on Friday on fears monsoon rains would hurt production this month as well as expectations of rising exports.

The benchmark January contract on Bursa Malaysia Derivatives Exchange rose 23 ringgit to 2,268 ringgit ($671.8) per tonne.

REGIONAL EQUITIES-BANGKOK, Nov 13 (Reuters) - Most Major Southeast Asian stock
markets eked out small gains on Friday, with buying interest in Adaro Energy and Bank Nagara pushing Indonesia higher while upbeat quarterly earnings shored up sentiment in Thailand.

Singapore's index <.FTSTI> inched up 0.04 percent, although big palm plantation firm Wilmar International fell 2 percent as Malaysian crude palm oil futures made little headway on Friday.

Malaysia's index <.KLSE> edged down 0.06 percent, with Sime Darby sliding 0.3 percent and IOI Corp easing 0.4 percent.

The listing of Maxis, Malaysia's biggest mobile phone operator, which will start trading on Nov. 19, should lift sentiment in Kuala Lumpur, analysts said.

CBOT Soyoil Weekly: Waiting for a significant breakout

Market recovered with a long white candle but shies away at the closing after tested the weekly high at USD39.17. Thus, a significant breakout from the overhead resistance at USD39.18 may provide more room to bias upside potential. Next resistance will be looking at USD40.77. Downside support is lies at USD37.30-USD36.55 followed by USD35.00.

FCPO Weekly: Still stuck in consolidation phase

Market is still stuck in consolidation phase in near term despite prices holding above 2200 levels. We continue to look for the immediate upside resistance at 2350 followed by 2400. While, downside support is adjusted to 2150-2130 followed by 2108-2100 (unfilled gap left over since 18/10/2009).

DJI Weekly: more strength is still needed

Market tested the 10,300 levels but not at closing. Thus, more strength is still needed in order to maintain its upward momentum. We maintain the upside resistance at 10,300-10,500. To the downside, support is remains at 10,000-9,900.

FKLI Weekly: Holding ground steady

Market continue to hold ground steadily after tested the fresh new high at 1286. Thus, up-trend remains intact and likely to continue in near term with upside resistance now is looking at 1300 followed by 1314.5-1348 (gap left over on 3/9/2008). While, downside support is pegged at 1230 followed by 1200.

Breaking News-RTRS-UPDATE 1-China CNGOIC keeps forecast on corn, soy output

(Adds agriculture ministry on winter wheat)
BEIJING, Nov 12 (Reuters) - China's official grain think tank
maintained its forecast for the country's 2009 corn output at 163
million tonnes, a fall of 1.8 percent from last year, in its
lastest forecast issued on Thursday.
The centre kept its forecast for soybean output unchanged
from last month's estimate of 14.5 million tonnes, which is 6.7
percent lower than last year, said the China National Grain and
Oils Information Centre (CNGOIC).

Breaking News-RTRS-UPDATE 1-Argentine soy, corn estimates steady - exchange

BUENOS AIRES, Nov 11 (Reuters) - Argentina's 2009/10 soy area is seen at a record 19 million hectares, unchanged from the previous weekly forecast despite dry conditions in some areas, the Buenos Aires Grains Exchange said on Wednesday.
Farmers in Argentina, the world's No. 3 soy supplier, have made rapid progress to plant 2009/10 beans in recent days due to warmer, damper weather in the central farming belt, the exchange said in a weekly crop progress report.

Trader's Highlight

DJI-NEW YORK, Nov 12 (Reuters) - The Dow industrials six-day winning streak came to a halt on Thursday as a drop in oil prices pulled energy stocks lower and a guarded outlook from Wal-Mart fanned worries about consumer spending.

Stocks were also undermined by a U.S. dollar rally, as its safe-haven appeal rose after several policymakers around the world warned the economic recovery was fragile.

The Dow Jones industrial average <.DJI> fell 93.79 points, or 0.91 percent, to 10,197.47. The Standard & Poor's 500 Index <.SPX> dropped 11.27 points, or 1.03 percent, to 1,087.24. The Nasdaq Composite Index <.IXIC> lost 17.88 points, or 0.83
percent, to 2,149.02.

NYMEX-NEW YORK, Nov 12 (Reuters) - U.S. crude futures settled nearly 3 percent lower on Thursday as government data confirmed an industry report earlier this week that domestic crude and refined product inventories rose last week.

On the New York Mercantile Exchange, December crude settled down $2.34, or 2.95 percent, at $76.94 a barrel, trading from $76.56 to $79.69.

CBOT-SOYBEANS - November up 18-1/2 cents per bushel at $9.82-1/4. January up 18 at $9.90.

Support from news China bought U.S. soy, forecasts for rains in the U.S. next week that may hurt final soy harvest in the Delta/Southeast, soy/corn spreading and surging soymeal.

CBOT-SOYOIL - December unchanged at 38.37. Pressure from lower crude oil and meal/oil spreading.

FCPO-KUALA LUMPUR, Nov 12 (Reuters) - Malaysian crude palm oil futures ended up 0.5 percent on Thursday due to fears that rainy weather would hit production this month.

The benchmark January contract on Bursa Malaysia Derivatives Exchange settled 10 ringgit up at 2,245 ringgit ($663.4) after going as high as 2,277 ringgit.

REGIONAL EQUITIES-BANGKOK, Nov 12 (Reuters) - Major Southeast Asian stock markets elsewhere were taking a breather after a recent rally, with Singapore's index <.FTSTI> dropping 0.5 percent after climbing for over four days, while Malaysia <.KLSE> inched up 0.1 percent.

In Singapore, Wilmar International fell 2 percent, paring early gains after the world's largest listed palm oil firm said it was optimistic about prospects for the rest of this year after a one-off gain helped it post a better-than-expected 35 percent rise in quarterly profit.

In Kuala Lumpur, palm plantation firm Sime Darby gained 0.1 percent in response to higher Malaysian crude palm oil futures. Malayan Banking fell 0.2 percent before the top lender announced that its first-quarter net profit had risen by more than half as the rebound in Asian economies boosted
fee-based income and its loan book.

NYMEX Crude Daily: Weaken

A long upper shadow candle printed had dampened the immediate technical landscape. Thus, market looks may trade sideways to bias downside potential in near term. Currently, we are looking for the immediate downside support at USD75.00 to USD73.00. To the upside, resistance is pegged at USD82.00

FCPO Daily: Sideways

Market is still hovering sideways yet to break through the tough resistance at 2285. Thus, market looks may continue to consolidate in near term. We continue to look for the immediate upside resistance at 2285-2299 (unfilled gap left over since 2/9/2009) followed by 2335-2352 (gap left over on 1/9/2009). While, downside support is remains pegged at 2215-2200 followed by 2180-2150.

FKLI Daily: Bulls took a breather

Market took a breather after hits the fresh new high at 1286. Immediate technical landscape remains positive despite prices gave up its early gains to cover some of the downside gap. Thus, uptrend remains intact and market may continue to challenge the upside resistance at 1286 followed by 1300-1310. To the downside, support is lies at 1262-1258 (unfilled gap left over on 6/11/2009) followed by 1230.

Breaking News-RTRS-UPDATE 2-China Oct soy imports fall to 1-year low

BEIJING, Nov 11 (Reuters) - China's soybean imports fell for the fourth straight month in October to the lowest in a year, but are seen rebounding from this month as crushers take advantage of a record U.S. harvest.
The October imports of 2.52 million tonnes are nearly half June's record of 4.7 million tonnes, as tight South American supplies limited opportunities to ship in material.
But with the harvesting of what is expected to be the biggest ever U.S. soybean crop gathering pace, analysts expect soy imports to pick up this month and possibly surpass the 4 million tonnes mark in December, as U.S. cargoes still cost less than soy from government stockpiles.
Chinese buyers have booked more than 14 million tonnes of the new U.S. soy crop, according to U.S. Department of Agriculture data, which traders said covered shipment until February.

Breaking News-RTRS-INTERVIEW-Turkey's palm oil demand to soar as population grows

KUALA LUMPUR, Nov 11 (Reuters) - Turkey will double its palm oil purchases in the next ten years to a million tonnes as domestic sunflower oil production struggles to keep pace with the growing population, an industry official said on Wednesday.
Muslim Turkey sources 500,000 tonnes of refined palm olein yearly from Malaysia for its booming confectionery and margarine industries as the vegetable oil is seen as cleaner then animal fats.
Palm oil accounts for about a third of Turkey's total vegetable oil demand of 1.6 million tonnes and that share could rise if less fat-saturated varieties come into the market, Metin Yurdagul, chairman of the country's Kitchen Products and Margarine Industrialists Association, said.

Trader's Highlight

DJI-NEW YORK, Nov 11 (Reuters) - The Dow and the Standard & Poor's 500 index closed at 13-month highs on Wednesday as an upbeat forecast from a top homebuilder and data from China pointed to a strengthening global economy.

The Dow's advance was its sixth straight as comments from top Federal Reserve officials suggesting low interest rates will stay for some time added to the positive tone.

The Dow Jones industrial average <.DJI> was up 44.29 points, or 0.43 percent, at 10,291.26. The Standard & Poor's 500 Index <.SPX> was up 5.50 points, or 0.50 percent, at 1,098.51. The Nasdaq Composite Index <.IXIC> was up 15.82 points, or 0.74 percent, at 2,166.90.

NYMEX-NEW YORK, Nov 11 (Reuters) - U.S. crude futures ended slightly higher on Wednesday, supported by data showing increased industrial activity and healthy crude imports in China while a bounce by the dollar limited oil's advance.

The U.S. Energy Information Administration's oil inventory report was delayed until Thursday at 11:00 a.m. EST (1600 GMT) due to Wednesday's federal Veterans Day holiday.

On the New York Mercantile Exchange, December crude rose 23 cents, or 0.29 percent, to settle at $79.28 a barrel, trading from $78.57 to $80.10.

CBOT-SOYBEANS - November up 2-1/4 cents per bushel at $9.63-3/4. January up 4 at $9.72.

Fund buying, higher crude oil and gold boost soybean market in addition to support from gains in equities markets.

CBOT-SOYOIL - December up 0.81 cent per lb at 38.37. Firm crude oil and gains in soy combine to lift soyoil futures.

FCPO-KUALA LUMPUR, Nov 11 (Reuters) - Malaysian crude palm oil futures dropped 0.4 percent on Wednesday, extending recent losses, on high stock levels.

The benchmark January contract on Bursa Malaysia Derivatives Exchange settled down 8 ringgit at 2,234 ringgit ($662.1) per tonne. Trade volumes more than halved to 5,092 lots of 25 tonnes each.

REGIONAL EQUITIES-BANGKOK, Nov 11 (Reuters) - Most Southeast Asian stock markets rose on Wednesday, with Singapore hitting a 14-month high and beaten-down blue chips recouping recent losses -- from Indonesia's Bumi Resources to Thailand's Banpu.

Singapore's index <.FTSTI> ended up 1.2 percent at its highest since Sept 3, 2008, with Singapore Telecommunications rising 1.4 percent after Southeast Asia's biggest telecom firm posted an 18.8 percent profit rise.

Bucking the trend, Malaysia <.KLSE> eased 0.3 percent, ending its sixth day of rises, as palm plantation firm Sime Darby fell 1 percent and IOI Corp was 0.4 percent lower, in line with weaker palm oil prices.

CBOT Soyoil Daily: Gaining ground

Market is gaining ground and inching higher following prices defended well at USD36.55. To the upside, we are still looking the overhead resistance at USD39.18.

Breaking News-RTRS-Nov 10 U.S. soy, wheat, corn highlights - USDA

-US CROP 2009/10-CORN 12.921 BLN BU (4.2 TO ETHANOL), SOYBEANS RECORD 3.319 BLN, ALL WHEAT 2.216 BLN-USDA
-US EXPORTS 2009/10-CORN 2.100 BLN BU, SOYBEANS 1.325 BLN, WHEAT 875 MLN-USDA
-US END STOCKS 2009/10-CORN 1.625 BLN BU, SOYBEANS 270 MLN, WHEAT 885 MLN-USDA
-US CROP YIELDS 2009/10-CORN 162.9 BU/ACRE, SOYBEANS 43.3 BU/AC, WHEAT 44.4 BU/AC - USDA

Trader's Highlight

DJI-NEW YORK, Nov 10 (Reuters) - U.S. stocks finished little changed on Tuesday as investors paused after the Dow touched a 13-month high the previous day, while the U.S. dollar edged up from a 15-month low against major currencies.

The Dow Jones industrial average <.DJI> ended up 20.03 points, or 0.20 percent, at 10,246.97. The Standard & Poor's 500 Index <.SPX> ended down 0.07 point, or 0.01 percent, at 1,093.01. The Nasdaq Composite Index <.IXIC> finished down 2.98 points, or 0.14 percent, at 2,151.08.

NYMEX-NEW YORK, Nov 10 (Reuters) - U.S. crude futures ended lower on Tuesday, retreating from an early high above $80 a barrel on the fading threat from tropical weather in the Gulf of Mexico and the dollar's bounce.

"Crude pulled back from its highs because the dollar bounced a bit and there was no sizzle after the Ida fizzle," said Andrew Lebow, broker at MF Global in New York.

On the New York Mercantile Exchange, December crude fell 38 cents, or 0.48 percent, to settle at $79.05 a barrel, trading from $77.89 to $80.51. Crude ended Globex electronic post-settlement trading down 59 cents at $78.84, little changed by the API data release.

CBOT-SOYBEANS - November down 2-3/4 cents per bushel at $9.61-1/2. January down 4 at $9.68.

Pressure from USDA's November crop production report that showed 2009 U.S. production above an average of analysts' estimates and ending stocks for 2009/10 also above estimates.

USDA pegged 2009/10 U.S. ending stocks at 270 million bushels, above average estimate for 236 million.

USDA said 2009 U.S. soy production a record high 3.319 billion bushels, above average estimate for 3.262 billion.

USDA increased its estimate for Brazil's 2010 soy production to 63.0 million tonnes from previous 62.0 million and increased its forecast for Argentina's production to 53.0 million from the previous 52.5 million tonnes.

CBOT-SOYOIL - December down 0.21 cent per lb at 37.56 cents. Following soybeans. USDA trimmed U.S. 2009/10 soyoil end stocks forecast to 2.304 billion lbs, from 2.380 billion.

FCPO-JAKARTA, Nov 10 (Reuters) - Malaysian crude palm oil futures fell on Tuesday on fears that palm stocks in the world's number 2 producer may rise to a previous record above 2 million tonnes after climbing faster than expected in October, traders said.

The benchmark January palm oil contract on the Bursa Malaysia Derivatives Exchange dropped 24 ringgit to 2,242 ringgit ($662.73) per tonne, after going as high as 2,285 ringgit. Overall volume was 11,963 lots of 25 tonnes each.

REGIONAL EQUITIES-BANGKOK, Nov 10 (Reuters) - Singapore shares climbed to their
highest in three weeks and Malaysian stocks hit 17-month highs on Tuesday as palm oil firms such as Wilmar and Sime Darby extended gains amid optimism about the outlook for palm prices.

CIMB Research upgraded Asia's plantation industry to "overweight" from "neutral" as it raised its crude palm oil price forecasts for the next two years by 7-18 percent. Macquarie Research has also upgraded its view on the plantation sector.

Singapore's index <.FTSTI> rose 0.5 percent, with Wilmar International adding 1.7 percent and Noble Group rising 2.2 percent. The benchmark Straits Times Index <.FTSTI> earlier touched its highest since Oct. 20.

Malaysia's index <.KLSE> ended up 0.5 percent at its highest since May 23, 2008, with Sime Darby up 0.3 percent and Kuala Lumpur Kepong 1.2 percent higher.

FCPO Daily: More strength is needed

Market tested the overhead resistance at 2270-2275 but not manage to stay firm after failed to cover the full gap left over since 2/9/2009 at 2280-2299. However, 2200 levels remains supportive and defended well. Thus, market still needed more strength in order to build up a stronger base for upward move. We are now looking for the immediate upside resistance at 2285-2299 (unfilled gap left over since 2/9/2009) followed by 2335-2352 (gap left over on 1/9/2009). While, downside support is remains pegged at 2215-2200 followed by 2180-2150.

FKLI Daily: Steady

Market tested the fresh high at 1281.5 but shies away. Overall technical landscape remains bullish despite printed a black candle. Thus, market looks may continue to challenge the overhead resistance at 1300-1310 followed by 1314.5-1348 (unfilled gap left over since 4/3/2008). To the downside, support is lies at 1262.5-1258 (gap left over on 6/11/2009) followed by 1230.

Breaking News-Maxis Said to Sell Stock at 5 Ringgit Apiece to Institutions

By Soraya Permatasari
Nov. 10 (Bloomberg) -- Maxis Communications Bhd. agreed to sell shares of its flagship unit, Malaysia’s biggest mobile- phone operator, at 5 ringgit apiece ($1.48), according to three people familiar with the matter.
The people asked not to be identified before a public announcement. The Kuala Lumpur-based company planned to sell
2.25 billion shares of Maxis Bhd. for 5 ringgit to 5.50 ringgit apiece, according to an e-mail from arranger CIMB Investment Bank Bhd. sent to investors yesterday.

Breaking News-RTRS-PREVIEW - USDA to trim corn crop, soy still record

CHICAGO, Nov 6 (Reuters) - Persistent rains have lead to the latest harvest in more than 20 years, but the U.S. soybean crop is still expected to be the largest on record and U.S. corn the second largest, analysts said ahead of a government report next week.
The U.S. Agriculture Department is expected to slightly increase its soybean crop estimate and lower its corn estimate when it releases its monthly report at 8:30 a.m. EST (1330 GMT) on Tuesday.
On average, analysts forecast U.S. soybean production at a record 3.262 billion bushels, up from USDA's October forecast for 3.250 billion. The corn crop is pegged at 12.940 billion, below the government's previous forecast for 13.018 billion but still what would be the second-largest crop ever. [ID:nN05438520]

Trader's Highlight

DJI-NEW YORK, Nov 9 (Reuters) - A broad U.S. stocks rally sent the Dow industrials to a 13-month high on Monday, after the Group of 20 pledged to keep aid flowing to the world economy, strengthening investors' desire for risk.

The Dow Jones industrial average <.DJI> jumped 203.52 points, or 2.03 percent, to 10,226.94. The Standard & Poor's 500 Index <.SPX> rose 23.78 points, or 2.22 percent, to 1,093.08. The Nasdaq Composite Index <.IXIC> gained 41.62 points, or 1.97 percent, to 2,154.06.

NYMEX-NEW YORK, Nov 9 (Reuters) - U.S. crude oil futures ended 2.6 percent higher on Monday, lifted by the weak dollar and on shut-in oil and natural gas production as Tropical Storm Ida approached the Gulf Coast.

Tropical Storm Ida has shut 29.6 percent of oil production and 27.5 percent of gas output from the Gulf of Mexico, the U.S. Minerals Management Service said Monday.

On the New York Mercantile Exchange, December crude rose $2, or 2.58 percent, to settle at $79.43 a barrel, trading from $77.77 to $80.19.

CBOT-SOYBEANS - November up 16-1/4 cents at $9.64-1/4 per bushel; January up 17 at $9.72.

Falling dollar, strong gains in crude oil, gold and equities boost soy futures, countering bearish impact of much better harvest weather in the U.S. Midwest. Strong export inspections number adds support.

CBOT-SOYOIL - December up 1 cent at 37.77 cents per lb. Support from gains in soybeans and crude oil as the dollar falls.

FCPO-JAKARTA, Nov 9 (Reuters) - Malaysian crude palm oil futures rose 0.9 percent on Monday, bouncing back from early losses, supported by talk of a rise in exports and a bullish price outlook from an influential industry analyst, traders said.

There was speculation that an estimate by cargo surveyor Intertek Testing Services (ITS), due out on Tuesday, will show Nov. 1-10 Malaysian palm oil exports at 394,000 tonnes against 339,195 tonnes shipped between Oct.1-10, traders said.

The benchmark January palm oil contract on the Bursa Malaysia Derivatives Exchange rose 20 ringgit to 2,266 ringgit ($670.81) per tonne, after going as low as 2,215 ringgit. Overall volume was about average at 9,955 lots of 25 tonnes each.

REGIONAL EQUITIES-BANGKOK, Nov 9 (Reuters) - Stock indexes in Singapore,
Indonesia and Thailand climbed to their highest in almost two weeks on Monday on buying in resource and commodity companies such as Wilmar International, Astra Agro and PTT.

Singapore's benchmark Straits Times Index <.FTSTI> rose 1.3 percent, with Wilmar , the world's largest listed palm oil producer, jumping 3.2 percent, Noble Group shooting up 6.2 percent and Olam International up 2.8 percent.

Malaysia <.KLSE> hit a two-week high, ending up 0.6 percent, with palm plantation firm IOI Corp surging 4.5 percent and Sime Darby adding 1.1 percent.

FCPO Daily: Slightly improved

Immediate technical landscape improved a little following prices continue to defend at 2200 levels. Thus, a break out from the overhead resistance at 2270-2275 may provide more room to bias upside potential. Next resistance will be looking at 2350. While, downside support is adjusted to 2215-2200 followed by 2180.

DJI Daily: More room to upside potential

A convincing break out from the overhead resistance at 10,200 levels had strengthen further the overall immediate technical landscape. Thus, market may likely to march higher to challenge the next resistance at 10,300-10,500. To the downside, support is pegged at 10,000-9,900.

FKLI Daily: Ends of consolidation phase

Market has come to the end of its consolidation mode following prices hits the new fresh high at 1274.5. Market looks may want to challenge the overhead resistance at 1300-1310 followed by 1314.5-1348 (unfilled gap left over since 4/3/2008). To the downside, support is lies at 1262.5-1258 (gap left over on 6/11/2009) followed by 1230.

Breaking News-RTRS-Palm seen at 2,625 rgt/T by April on $75/bbl crude -Fry

RTRS-MALAYSIAN PALM OIL PRICES WILL HIT 2,625 RGT/T BY APRIL IF BRENT CRUDE STEADIES AT $75 A BARREL -ANALYST FRY
RTRS-PALM OIL PRICES WILL MOVE TO 2,350 RGT/T BY APRIL IF BRENT CRUDE DROPS TO $65 -FRY
RTRS-Palm seen at 2,625 rgt/T by April on $75/bbl crude -Fry

Trader's highlight

DJI-NEW YORK, Nov 6 (Reuters) - U.S. stocks rose 3 percent for the week after ending Friday's session slightly higher, shrugging off government data showing the unemployment rate hit 10.2 percent -- the highest in 26-1/2 years.

The Dow Jones industrial average <.DJI> gained 17.46 points, or 0.17 percent, to end at 10,023.42. The Standard & Poor's 500 Index <.SPX> rose 2.67 points, or 0.25 percent, to 1,069.30. The Nasdaq Composite Index <.IXIC> added 7.12 points, or 0.34 percent, to close at 2,112.44.

NYMEX-NEW YORK, Nov 6 (Reuters) - U.S. crude futures finished nearly 3 percent lower on Friday, after government data showing the unemployment rate at its highest in 26-1/2 years sparked more worries about petroleum demand.

Losses deepened from Thursday, when oil futures fell in a delayed reaction to midweek's government inventory data showing U.S. total oil product demand over the past four weeks was down 4.5 percent from a year ago.

On the New York Mercantile Exchange, crude for December delivery settled down $2.19, or 2.75 percent, at $77.43 a barrel, after trading from $76.71 to $80.34. For the week, front-month prices are up 43 cents, or 0.56 percent.

CBOT-SOYBEANS - November down 19 cents at $9.48 a bushel; January down 17 at $9.55. Pressured by good U.S. harvest weather, prospects for a record large U.S. soy crop and lower crude oil.

CBOT-SOYOIL - December down 0.41 cent per lb at 36.77 cents; deferreds down 0.40 to 0.42. Pressured by falling soybeans and lower crude oil.

FCPO-JAKARTA, Nov 6 (Reuters) - Malaysian crude palm oil futures finished flat on Friday, giving up gains of more than one percent as investors liquidated long postions ahead of the weekend, traders said.

The benchmark January palm oil contract on the Bursa Malaysia Derivatives Exchange edged down 1 ringgit, or 0.04 percent, at 2,246 ringgit ($660.59) per tonne, after going as high as 2,275 ringgit, a level not seen since Sept. 2 and a low of 2,230 ringgit. Overall volume was 9,137 lots of 25 tonnes each, lower than the usual 10,000 lots.

REGIONAL EQUITIES-BANGKOK, Nov 6 (Reuters) - Most major Southeast Asian stock
markets rose on Friday, with solid earnings from DBS, Thai Oil and others providing support in Singapore and Thailand, and blue chips elsewhere coming off recent lows.

Fewer jobless claims in the U.S. and estimate-beating results prompted most markets in the region to rise over 1 percent, with Thailand <.SETI> gaining 2.5 percent and Singapore <.FTSTI> up 1.1 percent, both hitting their highest levels of the week.

In Kuala Lumpur, the index <.KLSE> eked out a small gain of 0.5 percent, with gaming group Genting up 1.4 percent after a top executive said the company was on track to launch a new casino in Singapore by January next year.

FCPO Weekly: Consolidation phase is likely to continue

Consolidation phase is likely to continue in near term despite prices tested the immediate upside resistance at 2250. As for now, we are looking for the immediate upside resistance at 2350. While, downside support is pegged 2130 followed by 2108-2100 (unfilled gap left over since 18/10/2009).

FKLI Weekly: Stayed firm at above 1230 levels

Market looks firm to survive at above 1230 levels. Thus, consolidation phase will likely to continue in near term with upside resistance remains at 1273.5 followed by 1300. While, to the downside, immediate support is stood to 1230 followed by 1200.

Breaking News-RTRS-POLL-Malaysia's Oct palm oil stocks seen at 9-month high

RTRS-MALAYSIA'S END OCT PALM OIL STOCKS SEEN UP 15.3 PCT FROM SEPT AT 1.82 MLN TONNES - REUTERS POLL
RTRS-MALAYSIA'S OCT PALM OIL OUTPUT SEEN UP 16 PCT FROM SEPT - POLL
RTRS-MALAYSIA'S OCT PALM OIL EXPORTS SEEN UP 10.5 PCT FROM SEPT -POLL

DJI Daily: Waiting for a clearer direction

Market manage to hold ground at 9,600 levels and climbed to close at 10,000 resistance mark. However, it was not convincing enough despite prices close with a long white candle. We will wait to see a breakout from the either overhead resistance at 10,200 or the support at 9,600 may provide us a more clearer picture.

Trader's Highlight

DJI-NEW YORK, Nov 4 (Reuters) - U.S. stocks rallied but lost steam on Wednesday after the Federal Reserve said it would keep rates near zero for "an extended period" even as it expressed confidence in the economic recovery.

Stocks pushed higher in the hour following the FOMC statement, after the Fed kept its benchmark federal funds rate unchanged in a range of zero to 0.25 percent.But the market was unable to hold those gains as it succumbed to selling pressure in the last half-hour of trading.

The Dow Jones industrial average <.DJI> gained 30.23 points, or 0.31 percent, to end at 9,802.14, after rising as much as 156.13 points, or 1.6 percent, in the hour after the FOMC statement to touch a session high at 9,928.04. The Standard & Poor's 500 Index <.SPX> edged up 1.09 points, or 0.10 percent, to finish at 1,046.50. But the Nasdaq Composite Index <.IXIC> slipped 1.80 points, or 0.09 percent, to close at 2,055.52.

NYMEX-NEW YORK, Nov 4 (Reuters) - U.S. crude oil futures ended up on Wednesday, though well below the day's highs, buoyed by an optimistic economic outlook from the Federal Reserve and a surprise weekly drawdown in crude inventories.

On the New York Mercantile Exchange, December crude settled up 80 cents, or 1.01 percent, at $80.40 a barrel, trading from $79.12 to $81.06.

CBOT-SOYBEANS - November down 11-1/4 cents at $9.95-1/2 a bushel; deferreds down 6 to 11-1/2.

Prospects for a record U.S. crop and better harvest weather weigh along with increased hedge pressure.

CBOT-SOYOIL - December up 0.02 cent at 37.55 cents per lb; deferreds up 0.03 to down 0.04.

FCPO-KUALA LUMPUR, Nov 4 (Reuters) - Malaysian crude palm oil futures jumped as much as 3.8 percent on Wednesday to hit two-month highs as rising crude oil markets [O/R] boosted global vegetable oil prices.

But underlying palm sentiment was weak due to fears that stock levels in Malaysia and Indonesia were building up, traders said.

The benchmark January palm oil contract on the Bursa Malaysia Derivatives Exchange gained as much as 83 ringgit to 2,273 ringgit ($665) a tonne, a level unseen since Sept. 2, before settling at 2,260 ringgit.

Overall volumes shot up to 17,119 lots of 25 tonnes each from the usual 10,000 lots on speculative trades.

REGIONAL EQUITIES-BANGKOK, Nov 4 (Reuters) - Most Southeast Asian markets rose
on Wednesday, recovering from losses the previous session, with banks and palm oil stocks leading gains in Malaysia, pushing the market to its highest in a week.

Overall trading was light as investors remained cautious before a U.S. Federal Reserve statement on interest rates and the economy later on Wednesday.

Malaysia's index <.KLSE> ended up 0.93 percent, Singapore's index <.FTSTI>, after falling two days in a row, bounced back 1.03 percent, Thai stocks <.SETI> climbed 2.68 percent and Indonesia <.JKSE> edged up 1.62 percent.

Gains in Malaysia were driven by top palm planter Sime Darby , the largest stock on the bourse by market value, which rose 0.7 percent to a one-week high after an upbeat price forecast by industry analyst Oil World. [ID:nL381260]

Malaysian banks rose on hopes that earnings will get a boost next year when the economy recovers, with top lender Maybank up 1.5 percent, number two CIMB adding 0.64 percent and third-ranked Public Bank up 0.93 percent.

Similarly in Singapore, United Overseas Bank rose 1.5 percent, number two Oversea-Chinese Banking Corp gained 1.7 percent and DBS , Southeast Asia's biggest lender, added 0.62 percent.

FCPO Daily: More room to upside potential

A convincing breakout from the 2250 levels has proved to us that bulls won the battle and has giving us a more clearer market direction. Thus, market looks may continue to march higher in near term. As for now, we are looking the upside resistance at 2280-2299 (gap left over on 2/9/2009) followed by 2335-2352 (gap left over on 1/9/2009). Downside support is lies at 2180 followed by 2150-2130 levels.

Breaking News-RTRS-Malaysia scraps Brazilian palm estate plan-sources

KUALA LUMPUR, Nov 3 (Reuters) - Malaysia's state plantation agency has backed off from plans to develop up to 100,000 hectares of oil palms in Brazil, sources with knowledge of the matter told Reuters on Tuesday.
Last year, the Federal Land Development Authority (FELDA) announced a joint venture with a Brazilian planter to grow oil palms near the Amazon river, a move green groups criticised as speeding up deforestation and climate change.
Malaysian and Brazilian sources say FELDA has now abandoned the plan after quietly putting the venture on hold five months ago, a major setback to its aim to become a global commodity player.

Breaking News-RTRS-Oil World cuts Argentine 2010 soy crop forecast

HAMBURG, Nov 3 (Reuters) - German oilseeds analysts Oil World said on Tuesday it has cut its forecast of Argentina's soybean crop for harvesting in early 2010 to 50.0 million tonnes from 52.0 million tonnes forecast last month due to dry weather.
This would still be up strongly from the drought-reduced 32.0 harvested in the previous crop.

Breaking News-RTRS-Oil World sees rising palm oil prices from Dec

HAMBURG, Nov 3 (Reuters) - Global palm oil prices are likely to rise from December because of reduced stocks and sunflower oil prices are also set to increase, Hamburg-based oilseeds analysts Oil World forecast on Tuesday.
"Owing to declining stocks, palm oil prices are likely to appreciate from December onwards and may rally by $80 to $150 (a tonne) until March or April 2010," it said.

Trader' s Highlight

DJI-NEW YORK, Nov 3 (Reuters) - The Dow dipped while the S&P 500 and Nasdaq rose slightly on Tuesday as a Morgan Stanley downgrade of semiconductors weighed on the sector, while deal news bolstered views that merger actvity was picking up.

The Dow Jones industrial average <.DJI> was down 8.69 points, or 0.09 percent, at 9,780.75. The Standard & Poor's 500 Index <.SPX> was up 2.89 points, or 0.38 percent, at 1,045.77. The Nasdaq Composite Index <.IXIC> was up 3.49 points, or 0.17 percent, at 2,052.69.

NYMEX-NEW YORK, Nov 3 (Reuters) - U.S. crude oil futures were little changed in post-settlement trading on Tuesday after industry data showed a surprise drawdown in domestic crude stocks last week.

The American Petroleum Institute said that for the week ending Oct. 30, crude stockpiles fell by 3.3 million barrels, gasoline stocks rose by 501,000 barrels and distillate supplies increased by 1.8 million barrels.

The U.S. Energy Information Administration will release its own data on Wednesday, at 10:30 a.m. EST (1530 GMT).

On the New York Mercantile Exchange at 5 p.m. EST (2200 GMT) December crude was up $1.24, or 1.59 percent, at $79.37. It was trading at $79.39 just before the API data was released. It earlier settled up $1.47, or 1.88 percent at $79.60, trading from $76.55 to $79.77.

CBOT-SOYBEANS - November up 9-1/4 cents per bushel at $10.06-3/4 per bushel. January up 12-1/2 at $10.10-1/2.

Technical fund buying boosts soybean market with additional support from higher crude oil, offsetting bearish impact of improved U.S. harvest weather and firm dollar.

CBOT-SOYOIL - December up 0.74 cent per lb at 37.53 cents per lb. Following soybeans with fund buying offsetting bearish impact of firm dollar.

FCPO-JAKARTA, Nov 3 (Reuters) - Malaysian crude palm oil futures edged down on Tuesday as speculation of a big jump in production in October fueled fears of a further rise in inventories, which would be bearish for prices, traders said.

The benchmark January palm oil contract on the Bursa Malaysia Derivatives Exchange dropped 18 ringgit, or 0.8 percent, at 2,190 ringgit ($638.67) a tonne. Overall volume was 12,666 lots of 25 tonnes each.

REGIONAL EQUITIES-BANGKOK, Nov 3 (Reuters) - Most Southeast Asian stock markets
extended recent losses on Tuesday in a market cautious ahead of a U.S. Federal Reserve meeting, and lower oil prices forced down big-cap energy and resource shares across the region.

Singapore <.FTSTI> lost 0.9 percent, adding to Monday's 0.2 percent decline, and Thailand <.SETI> ended down 1.3 percent after touching its lowest in over eight weeks.

Indonesia <.JKSE> shed 1.6 percent, while Vietnam <.VNI>, Southeast Asia's best performer so far this year, sank 3.9 percent to its lowest in nearly eight weeks.

The U.S. central bank is widely expected to keep rates unchanged but there is a chance the Fed will drop its pledge to keep rates low for an extended period of time.

In Kuala Lumpur, Bursa Malaysia queried unusual price moves in tech firm Lityan , which slid as much 18 percent on the day. Lityan's share price has more than doubled since its relisting on Oct. 30. The share closed down 9.3 percent.