FKLI
FKLI Spot Month Futures (PM) - 20 August 2024
Tue, 20-Aug-2024 02:03 pm
by Dealing Team • Apex Futures

FKLI
Pivot
1656
Resistance
1660 / 1666 / 1673
Support
1648 / 1642 / 1637
Possible Range
1640 to 1660
Strategy
Long positions may be opened above 1654 with targets at 1660/1666 and stop-loss at 1649
Short positions may be opened below 1654 with targets at 1648/1642 and stop-loss at 1659

FKLI Aug month dropped 4 points or 0.24% to closed lower at 1651 on midday session. The FBM KLCI turned negative as profit-taking activities weighed on the market following the recent surge in equity prices.

The FKLI likely to further down with technical correction. The immediate support and resistance levels are identified at 1648 and 1660, 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