FKLI
FKLI Spot Month Futures (PM) - 26 Sep 2024
Thu, 26-Sep-2024 02:06 pm
by Dealing Team • Apex Futures

FKLI
Pivot
1669
Resistance
1674 / 1677 / 1679
Support
1666 / 1663 / 1658
Possible Range
1660 to 1670
Strategy
Long positions may be opened above 1669 with targets at 1674/1677 and stop-loss at 1664
Short positions may be opened below 1669 with targets at 1666/1663 and stop-loss at 1674

FKLI Sep month rose 1.5 points or 0.09% to closed higher at 1669 on midday session. The FBM KLCI saw a decline on Thursday, despite the positive momentum from China's stimulus measures and a rally in regional markets.

The FKLI likely to remain in sideway consolidation, supported above 1668 to 1669 could provide buying opportunity. The immediate support and resistance levels are identified at 1666 and 1674 respectively.

(News Source: Business Today)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 3.939538 3.966364
EUR 4.621065 4.624861
CNY 0.577624 0.578108
HKD 0.502626 0.506063
SGD 3.082334 3.103499