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(From Business Times (Malaysia))
Byline: S.N. Lock
THE benchmark Kuala Lumpur Composite Index (KLCI) maintained its sideways trend yesterday as second and third liners continued to dominate trading and causing declines to outnumber advances by 341 to 326.
The KLCI rose from its intra-day low of 949.90 to close at 954.25 yesterday, giving a day-on-day gain of 0.55 point, or 0.06 per cent as market volume continued to stay above the 700-milloion level.
Malaysian Industrial Development Finance (MIDF) rebounded in-step with the technical recovery of second and third liners.
Its daily price trend rose to close at RM1.05, posting a …