Trader's Highlight

DJI-NEW YORK, June 17 (Reuters) - The Dow and S&P 500 rose on Friday after France and Germany outlined an agreement to aid debt-burdened Greece, but analysts said a recent bearish trend may not be over.

The Dow managed to close just above 12,000, but the S&P 500 barely squeaked out a gain for the week after six straight weeks of losses. The uncertainty surrounding a resolution of the debt crisis kept investors wary of committing more cash to equities.

Research In Motion Ltd's RIMM.O U.S.-listed shares sank 21.5 percent to $27.75 in its busiest day of trading in almost six years. The BlackBerry maker's sour results, released late Thursday, pushed the Nasdaq lower and dragged on other top technology names such as Apple Inc AAPL.O, down 1.5 percent at $320.26.

The Dow Jones industrial average .DJI rose 42.84 points, or 0.36 percent, to end at 12,004.36. The Standard & Poor's 500 Index .SPX gained 3.86 points, or 0.30 percent, to 1,271.50. But the Nasdaq Composite Index .IXIC fell 7.22 points, or 0.28 percent, to 2,616.48.

NYMEX-NEW YORK, June 17 (Reuters) - U.S. crude futures fell more than 2 percent on Friday as continuing worries about Greece's debt woes and U.S. slower economic growth pressured oil prices.

Crude prices dropped 6.3 percent for the week, the biggest losing week since the commodities-wide sell-off in early May.

On the New York Mercantile Exchange, July crude CLN1 fell $1.94, or 2.04 percent, to settle at $93.01 a barrel, the lowest settlement since the Feb. 18 close at $86.20. Friday's intraday high was $95.40 and the $91.84 was below front-month crude's 200-day moving average of $92.22.

CBOT-SOYBEANS-Chicago Board of Trade soybean futures fell on fund long-liquidation, improved U.S. crop weather, falling crude oil and slow U.S. soy exports.Soybeans dropped despite a downturn in the dollar on Friday.

Some funds were exiting the markets due to concerns about the Greek debt crisis and a slowing U.S. economic recovery.

FCPO-KUALA LUMPUR, June 17 (Reuters) - Malaysian palm oil futures dropped to more than five-week lows on Thursday, before ending slightly higher in choppy trade as weaker external markets and growing stocks weighed on the market.

Stocks in Malaysia, the world's No.2 producer, are expected to rise above a 16-month high of 1.92 million tonnes hit last month. While this could draw in more demand, the country is going through a high production period.

The benchmark September crude palm oil contract KPOc3 on the Bursa Malaysia Derivatives Exchange lost as much as 0.9 percent to 3,163 ringgit ($1,045) a tonne, the lowest level seen since May 6. The market ended a tad higher at 3,198 ringgit.

Overall traded volume stood at 31,798 lots of 25 tonnes each, higher than the usual 25,000 lots.

REGIONAL EQUITIES-BANGKOK, June 17 (Reuters) - Most Southeast Asian stock markets fell on Friday as regional big-caps came under selling pressure because of worries about Greece's debt crisis, while a fall in crude oil pulled resource shares lower.

Stocks in Singapore .FTSTI and Indonesia .JKSE slipped to multi-month lows. Others drifted lower in range trading, with Thai stocks .SETI posting the weakest turnover of 0.7 times the 30-day average, with political concerns deterring investors.

Singapore posted its second straight weekly loss, falling 2.4 percent, Southeast Asia's worst performer.

The Straits Times Index lost 0.5 percent on the day and briefly breached the 3,000 level because of the euro zone crisis and U.S. economic slowdown, said Najeeb Jarhom, head of research at broker AmFraser Securities.
Bucking the trend, Malaysia .KLSE gained 0.6 percent to its highest level in more than two weeks. Malaysia racked up $227 million of inflows on the week, reversing a $26.8 million outflow the previous week, exchange data showed.

Dealers attributed growing demand for Malaysia to increased government spending, which could drive the domestic economy. Banks led gainers on Friday, with leader Maybank MBBM.KL surging 3 percent.