Titan Trading Notes For Friday [25/4/2025]:

KLCI had a slight rebound back towards the 1506 points region with an overall mixed market sentiment here as we still saw over 420 counters closing red for the day. Daily trading volume remains average around the 3 billion mark, which is still nothing too exciting yet.

Main stocks that showed strong buying momentum today would be the likes of BPURI, POS, CIMB, TANCO, YONGTAI, DBRHCOM, KPJ, AXIATA, and DNEX. All of which were able to sustain their rallies throughout the day on the top volumes list.

Now most of you should know that there was a massive security breach on brokerage accounts using N2N platforms i.e. CGS, AFFIN, TA Securities, APEX, and etc. today, leading to unauthorised purchase of BPURI, BPURI WB, and POS shares, leading to a huge surge in volume and buying momentum today.

Definitely something very scary going on here, and should be the first to ever happen at such a large scale in Malaysia. As such, I would ask everyone to be cautious and avoid trading such stocks for the time being as we don't know what will Bursa and SC's next steps be.

I will not comment on these stocks either. I am one of the more fortunate ones that wasn't affected by this. But I do know some of my friends that were affected and are now suffering from huge losses due to these unauthorised trades. Still no idea what's their next step is going to be.

Among others, $YONGTAI / 7066 (YONG TAI BERHAD) was quite interesting as it broke out huge from its RM 0.19+ major resistance and rallied all the way towards the RM 0.22 regions with huge volume and buying momentum out of nowhere today.

So far looking quite good here and if able to sustain above its RM 0.19+ immediate support, could continue to trend back up towards the RM 0.235 - RM 0.25+ resistance levels soon in the coming weeks.

Will be monitoring YONGTAI closely.

$MSM / 5202 (MSM MALAYSIA HOLDINGS BERHAD) since retracing back towards the RM 0.86+ major support levels, been able to recover quite well over the past few weeks here, even breaking out strong back towards the RM 1.26+ regions with good volume and buying momentum.

So far looking quite strong here and if able to sustain above its RM 1.20+ immediate support on the daily chart, could continue on towards and beyond the RM 1.35+ major resistance levels once more in the coming weeks.

Will be monitoring MSM closely