Trader's Highlight

DJI-NEW YORK, June 25 (Reuters) - The Nasdaq and S&P 500 rose modestly on Friday on relief that the financial regulation bill wouldn't crimp Wall Street profits as badly as feared and as tech company Oracle's strong results revived hopes about business spending.

Despite the day's gains, the main stock indexes fell for the week after two straight weeks of gains and recorded their weakest performance in five weeks.

Banks climbed after lawmakers agreed on rules that did not make dramatic changes to derivatives and proprietary trading, two highly profitable businesses in lawmakers' crosshairs. The bill must still be approved by both chambers of Congress before it can be signed into law.

The Dow Jones industrial average <.DJI> was down 8.99 points, or 0.09 percent, at 10,143.81. The Standard & Poor's 500 Index <.SPX> was up 3.07 points, or 0.29 percent, at 1,076.76. The Nasdaq Composite Index <.IXIC> was up 6.06 points, or 0.27 percent, at 2,223.48.

NYMEX-NEW YORK, June 25 (Reuters) - U.S. crude oil futures ended up more than 3 percent to hit a seven-week high on Friday, as odds increased that an Atlantic storm would form and head to the Gulf of Mexico, where oil production may be disrupted.

On a broader front, crude futures also tracked financial markets. The dollar weakened against the euro, and Wall Street rose despite mixed economic data, both supportive for oil futures.

On the New York Mercantile Exchange, August crude settled up $2.35, or 3.07 percent, at $78.86 a barrel, the highest since May 5's close at $79.97. It traded from $75.90 to $79.11, the highest since May 5's high of $79.97.

CBOT-CHICAGO, June 25 (Reuters) - Chicago Board of Trade grain and soy complex futures close on Friday.

CBOT-SOYBEANS - July up 1-1/2 cents at $9.57 per bushel; new-crop November unchanged at $9.12. Slow farmer selling, tight cash markets and firm spot cash bids underpins soy futures.

CBOT-SOYOIL - July down 0.01 cent per lb at 37.16 cents per lb. Faded late as soybeans moved down from the day's highs.

FCPO-KUALA LUMPUR, June 25 (Reuters) - Malaysian palm oil futures fell 0.3 percent on Friday in light trading as key exports figures came out below expectations, leaving investors uncertain about demand, but a weaker ringgit limited losses.

Cargo surveyor Intertek Testing Services on Friday showed exports of Malaysian palm oil for June 1-25 rose 8.9 percent to 1,120,563 tonnes, compared with the same period last month.

Aother surveyor Societe Generale de Surveillance said the exports over the same period rose 6.1 percent to 1,113,923 tonnes.

Traders said the new export figures were below expectations but still showed a positive trend.

The benchmark September crude palm oil futures on Bursa Malaysia Derivatives Exchange ended down 6 ringgit at 2,384 ringgit ($737.6) a tonne. Traded volume fell to 8,947 lots of 25 tonnes each, versus the usual 10,000 lots.

REGIONAL EQUITIES-BANGKOK, June 25 (Reuters) - Indonesian shares rose on Friday
as investors bought banks on optimism about loan growth in a low interest rate environment while other markets in the region trod water amid global economic concerns.

Indonesia's benchmark stock index <.JKSE> ended up 1.13 percent, pushing its gain this year to 16.3 percent, Asia's second best performer.

State-owned lender Bank Mandiri rose 3.5 percent, the country's second-biggest lender, Bank Rakyat Indonesia , gained 2.7 percent and the state-owned Bank Tabungan Negara climbed 4.7 percent.

Singapore <.FTSTI>, Malaysia <.KLSE>, Thailand <.SETI> and the Philippines <.PSI> eked out slim gains. Vietnam <.VNI>, bucking the trend, dropped 1.3 percent. In Singapore, the Straits Times Index <.FTSTI> reversed a three-day fall following an encouraging industrial output number in May.