11.   Local pension funds led the market to up late in the trading day, however, in a rally led by cement maker Juan Minetti SA.

12.   Local pension funds were instructed by Prime Minister Mahathir Mohamad last week to commit their financial resources toward supporting the Malaysian stock market.

13.   Meanwhile, declines may be moderated by local pension funds buying up shares.

14.   Spina is irked, for example, that his Canadian subsidiary recently declined to service the local pension plan of a multinational client.

15.   Telefonica del Peru SA also rose, with local pension funds buying.

16.   The decline in stocks may be moderated by buying orders from local pension funds, which were instructed by Prime Minister Mahathir Mohamad yesterday to buy Malaysian stocks.

17.   The fact the company will start to directly produce goods means its shares will probably become available to the local pension funds, boosting demand.

18.   The funds deposited by the local pension funds would be used to accumulate these foreign investments.

19.   The market mounted a turnaround late in the day as local pension funds purchased shares.

20.   Valecom is still in talks with local pension funds and CVRD employees to define other members of the bidding group, the companies said in a statement.