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KLCI reverses losses, gains seen capped

KLCI reverses losses, gains seen capped

KUALA LUMPUR (May 16): The FBM KLCI reversed its earlier losses and climbed at mid-morning, but gains were seen limited as investors remained cautious.

At 10am, the FBM KLCI was up 2.36 points to 1,850.56. The index had earlier dipped to a low of 1,841.83.

Losers led gainers by 293 to 288, while 282 counters traded unchanged. Volume was 833.93 million shares valued at RM405.27 million.

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