KLCI likely to move sideways to consolidate.

(From Business Times (Malaysia))

Byline: S.H. LOCK ..HL: KLCI likely to move sideways to consolidate ..ZO: B-ALL ..LE: 1030 ..PG: 10 ..PU: BT ..TX: SHARE prices on Bursa Malaysia Bhd continued to stay firm albeit at a moderated pace. Key heavyweight index-linked counters continued to provide the

SHARE prices on Bursa Malaysia Bhd continued to stay firm albeit at a moderated pace. Key heavyweight index-linked counters continued to provide the timely support in maintaining the overall market sentiment at an upbeat mode.

Key heavyweight index-linked counters, particularly gaming stocks, played pivotal roles in maintaining the market sentiment at current level. There were signs of some key heavyweight index-linked counters displaying technical weakness.

Recently battered second- and third- liners continued to attract retail followings. Daily market volumes of these second- and …