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(From Business Times (Malaysia))
LAST week, share prices on Bursa Malaysia Bhd continued to move sideways in their bids to consolidate their recent rebound gains. Key heavyweight index-linked blue-chip counters also took turns to consolidate their gains the previous week. On the back of this a lack of fresh stimulating factors overall market sentiment continued to drift aimlessly in an otherwise directionless market. Institutional investors continued to stay on the sidelines to await a much clearer technical picture to emerge before committing further portfolio positions.
However, retail players made their way back into the market when some major market players re-ignited the speculative plays on …