FKLI
FKLI Spot Month Futures (PM) - 9 July 2024
Tue, 09-Jul-2024 01:56 pm
by Dealing Team • Apex Futures

FKLI
Pivot
1618
Resistance
1621 / 1623 / 1626
Support
1613 / 1611 / 1608
Possible Range
1605 to 1625
Strategy
Long positions may be opened above 1618 with targets at 1621/1623 and stop-loss at 1613
Short positions may be opened below 1618 with targets at 1613/1611 and stop-loss at 1623

FKLI July month fell 3 points or 0.19 % at 1616 closed lower at midday. The FBM KLCI maintained its lead heading into the lunch break, boosted by the rise in regional equities amid optimism that the Federal Reserve chair might suggest easing measures in his remarks to Congress later today.

The FKLI potentially trade in sideway consolidation with downward with further correction. The immediate support and resistance levels are identified at 1613 and 1621, respectively.

(News Source: Business Today)

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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