FKLI
FKLI Spot Month Futures (PM) - 26 June 2024
Wed, 26-Jun-2024 01:38 pm
by Dealing Team • Apex Futures

FKLI
Pivot
1590
Resistance
1596 / 1600 / 1604
Support
1587 / 1584 / 1579
Possible Range
1580 to 1610
Strategy
Long positions may be opened above 1592 with targets at 1596/1600 and stop-loss at 1587
Short positions may be opened below 1592 with targets at 1587/1584 and stop-loss at 1597

FKLI June month rose 9.5 point or 0.60% at 1594.5 closed higher at midday. The FBM KLCI remained positive by lunchtime, overcoming a slow start, as bank stocks boosted the index.

The FKLI likely to continue the upward side bias trading on technical buying, but beware of any selling pressure coming in. The immediate support and resistance levels are identified at 1587 and 1596, respectively.

(News Source: The Star)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.186344 4.224837
EUR 4.692802 4.707788
CNY 0.594564 0.595974
HKD 0.537155 0.542118
SGD 3.243708 3.273864