FKLI
FKLI Spot Month Futures (PM) - 6 August 2024
Tue, 06-Aug-2024 02:05 pm
by Dealing Team • Apex Futures

FKLI
Pivot
1553
Resistance
1577 / 1582 / 1590
Support
1553 / 1545 / 1537
Possible Range
1560 to 1585
Strategy
Long positions may be opened above 1565 with targets at 1577/1582 and stop-loss at 1559
Short positions may be opened below 1565 with targets at 1553/1545 and stop-loss at 1571

FKLI Aug month up 46.5 points or 3.04% to closed higher at 1576.5 on midday session. The rebound on the FBM KLCI erased nearly half of the previous session's losses as regional markets launched a relief rally on Tuesday.

The FKLI likely to remain in upward trading for the remaining of today session, watch out if there is any sentiment changes. The immediate support and resistance levels are identified at 1553 and 1577, respectively.

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.365379 4.399660
EUR 4.721747 4.726400
CNY 0.610888 0.611480
HKD 0.561824 0.565730
SGD 3.305513 3.328546