Titan Trading Notes For Tuesday [6/5/2025]:

KLCI had a slight retracement and closed red around the 1539 points region with an overall negative market sentiment as we saw over 600 counters closing red along with it for the day. Overall daily trading volume remains low around the 2.3 billion mark.

Main stocks that showed strong buying momentum would be the likes of SFPTECH, YTL, ASIAPLY, CAPITALA, YTLPOWR, SIMEPROP, UEMS, and CMSB. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.

CAPITALA was definitely one of the best performers today as it broke out all the way towards the RM 0.89+ regions with huge volume and buying momentum despite the weak market sentiment here.

So far looking very strong here and if able to hold above its RM 0.85+ immediate support on the daily chart, could continue on towards and beyond its RM 0.92+ major resistance levels soon in the coming weeks.

Will be monitoring CAPITALA

$GAMUDA / 5398 (GAMUDA BERHAD) on the other hand after its huge announcement, gapped up and rallied briefly towards the RM 4.50+ regions only to take a huge hit from sellers selling on news, closing back towards the RM 4.38 regions here.

So far seems to be holding quite well and as long as able to sustain above its RM 4.30+ immediate support, could continue to trend back up towards the RM 4.50 - RM 4.60+ major resistance levels soon in the coming weeks.

Will be monitoring GAMUDA closely.