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.