FKLI
FKLI Spot Month Futures (PM) - 18 Dec 2024
Wed, 18-Dec-2024 02:08 pm
by Dealing Team • Apex Futures

FKLI
Pivot
1595
Resistance
1595 / 1599 / 1604
Support
1590 / 1586 / 1582
Possible Range
1595 to 1615
Strategy
Long positions may be opened above 1595 with targets at 1599/1604 and stop-loss at 1590
Short positions may be opened below 1595 with targets at 1590/1586 and stop-loss at 1600

FKLI Dec month rose 3.5 points or 0.22% to closed higher at 1594 on midday session. The FBM KLCI edged higher at midday, supported by gains in Tenaga Nasional and YTL Corp.

The FKLI index remain in trading sell on rebound mode, as it trading within downward channel. The index potentially moving into slightly upside bias and toward resistant at 1598 to 1599 range, if trading above we might see further upside, if fail to break above we might see selling pressure from that area. Immediate support and resistance levels are identified at 1590 and 1595, respectively.

(News Source: The Star)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 3.936314 3.966986
EUR 4.638033 4.641717
CNY 0.579004 0.579460
HKD 0.502535 0.505960
SGD 3.092229 3.113332