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As I said yesterday, ytl will follow down when KLCI index go down. This is show how serious currency impacted. All the semiconductors and manufacturing counters will facing same situation.
Be careful this counter. When KLCI index up a lot but ytl share price drop a lot. When later KLCI index go u turn, ytl will follow go down again. Target to buy below 2 should be no problem at that time.
Now US is having AI technology burst issue, so it will affecting Malaysia technology counter especially business involved in AI business like YTL Power. YTL corporation own 50% of YTL P, so it also affected.
