Palm oil has erased most of its losses so far this year, thanks to erratic weather in top producers Indonesia and Malaysia limiting output growth at a time when Asian festival demand for the vegetable oil has kicked off.
The benchmark crude palm oil futures contract
Malaysian financial markets may close as early as Thursday for the Muslim festival of Eid Al-Fitr.
REGIONAL EQUITIES-COLOMBO, Sept 6 (Reuters) - Most Southeast Asian stock markets rose on Monday, with Indonesia setting another record high and Thailand rising to a 14-year high on optimism over the global recovery after better-than-expected U.S. jobs data.
Indonesia <.JKSE>, the region's second-best performer this year, closed up 1.7 percent, also hitting a record closing high of 3,217.15, while Thailand <.SETI>, the best performer in Southeast Asia with a 27.4 percent return this year, gained 0.2 percent.
In Singapore, a 0.9 percent rise in financial DBS group
Shares in Singapore-listed casino operator Genting Hong Kong