FKLI
FKLI Spot Month Futures (PM) - 5 Sep 2024
Thu, 05-Sep-2024 02:03 pm
by Dealing Team • Apex Futures

FKLI
Pivot
1656
Resistance
1658 / 1664 / 1669
Support
1651 / 1645 / 1636
Possible Range
1645 to 1665
Strategy
Long positions may be opened above 1655 with targets at 1658/1664 and stop-loss at 1650
Short positions may be opened below 1655 with targets at 1651/1645 and stop-loss at 1660

FKLI Sep month up 0.5 points or 0.03% to closed almost flat at 1653.5 on midday session. The FBM KLCI finished the early session in negative territory after spending most of the day in the green, as investors took profits amid recent volatility in global equities.

The FKLI likely to remain in sideway consolidation, trading in downside bias, support above 1651 to 1650 could limited the losses. The immediate support and resistance levels are identified at 1651 and 1658 respectively.

(News Source: The Star)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.283853 4.317705
EUR 4.765844 4.774924
CNY 0.605865 0.606556
HKD 0.549396 0.553768
SGD 3.299365 3.325824