Palm | Kelapa Sawit

DJI-NEW YORK, Nov 24 (Reuters) - U.S. stocks advanced broadly on Monday and government debt prices slid after Washington's rescue of Citigroup eased investors' fears that its collapse could push the global financial system into the abyss.

The $300 billion-plus rescue package for Citigroup spurred broad equity rallies on both sides of the Atlantic, outweighing another batch of gloomy economic news that has hammered financial markets in recent weeks. he Dow, with JPMorgan rising 21 percent and Bank of America up 27 percent.

The Dow Jones industrial average <.DJI> closed up 396.97 points, or 4.93 percent, at 8,443.39. The Standard & Poor's 500 Index <.SPX> jumped 51.78 points, or 6.47 percent, at 851.81. The Nasdaq Composite Index <.IXIC> climbed 87.67 points, or 6.33 percent, at 1,472.02.

NYMEX-NEW YORK, Nov 24 (Reuters) - U.S. crude futures ended more than $4 higher on Monday, rising on a weaker dollar and Wall Street's rally after a government rescue of Citigroup and as OPEC prepared to meet on Saturday.

On the New York Mercantile Exchange, January crude settled up $4.57, or 9.15 percent, at $54.50 a barrel, trading from $48.80 to $55.30.

CBOT-SOYBEANS - January <3SF9> up 44 at $8.84 cents. Technical bounce after falling to a five-month low last week. Strength in financial markets and rally in crude oil
supports. Talk that China bought 2-3 cargoes of U.S. soybeans
also supportive, traders.

CBOT-SOYOIL - December <3BOZ8> up 2.04 cents at 32.74 cents per lb. Soyoil up 6.6 percent, moving up in tandem with crude oil

FCPO-JAKARTA, Nov 24 (Reuters) - Malaysian palm futures closed nearly 2 percent higher on Monday on hopes that demand will rise ahead of the Chinese New Year festival early next year, traders said.

The benchmark February palm oil contract on the Bursa Malaysia's Derivatives Exchange closed 28 ringgit, or 1.92 percent higher, at 1,488 ringgit ($410) per tonne.

Other traded contracts rose between 11 ringgit and 39 ringgit. The overall volume stood at 11,717 lots of 25 tonnes each.

REGIONAL EQUITIES-KUALA LUMPUR, Nov 24 (Reuters) - Southeast Asian stock markets fell on Monday, in line with other regional markets, on renewed concerns over the global financial system and as further economic weakness showed.

Japan, Hong Kong and Singapore are already officially in a recession while South Korea, Asia's fourth-largest economy, is poised for a sharp slowdown.

Kuala Lumpur <.KLSE> sold off as well, with the benchmark index dropping 1.33 percent to 855.39 points, still off its year low of 801.27 points hit on Oct. 28.