Titan Trading Notes For Tuesday [8/4/2025]:

KLCI took a huge hit today ,retracing all the way towards the 1419 only to rebound slightly back towards closing red around the 1443 points region as tariff tensions continue between USA and China. Overall market sentiment was extremely bearish as we saw almost 1300 counters closing red for the day. Daily trading volume despite hitting high around 5.3 billion, was mainly dominated by selling activities.

$GAMUDA / 5398 (GAMUDA BERHAD) following the widespread sell off, wasn't spared today and took a hit all the way back towards the RM 3.60+ major support levels on the daily chart with huge volume today.

So far facing strong selling pressure above the RM 4+ regions but still able to hold above its RM 3.60 levels here. I believe GAMUDA isn't really affected by the tariffs directly and is purely suffering due to poor market sentiment.

If able to sustain above its RM 3.60 support, could bonce back towards the RM 4.20+ regions soon in the coming week. Will be monitoring GAMUDA closely.

$KPJ / 5878 (KPJ HEALTHCARE BERHAD) on the other hand also took quite a hit and retraced back towards the RM 2.49+ major support levels due to weak market sentiment. I believe KPJ shouldn't be directly affected by tariff tensions between countries.

For now taking a hit due to foreign outflows. If able to hold above its RM 2.50+ support levels, could bounce back towards the RM 2.80+ major resistance levels soon. Otherwise, could retrace further down towards its RM 2.40 support.

Will be monitoring KPJ closely for potential bargain hunting opportunities.

$YTLPOWR / 6742 (YTL POWER INTERNATIONAL BHD) also fell victim to the widespread sell offs today, likely from foreign funds here but its core business likely still not really affected by the tariffs imposed by USA as its core operations are mainly domestic and regional.

For now if able to sustain above its RM 2.90+ support levels, could see a rebound back towards the RM 3.40 - RM 3.50+ regions soon in the coming weeks here from being oversold.

Will be monitoring YTLPOWR closely.