FKLI
FKLI Spot Month Futures (PM) - 26 May 2025
Mon, 26-May-2025 02:27 pm
by Dealing Team • Apex Futures

FKLI
Pivot
1532
Resistance
1539 / 1546 / 1552
Support
1533 / 1526 / 1520
Possible Range
1525 to 1545
Strategy
Long positions may be opened above 1533 with targets at 1539/1546 and stop-loss at 1527
Short positions may be opened below 1533 with targets at 1526/1520 and stop-loss at 1539

FKLI May month dropped 1 point or 0.07% to closed almost flat at 1532.5 on midday session. Bursa Malaysia's main index edged lower during the morning session as investors stayed cautious ahead of upcoming blue-chip earnings announcements later in the day.

The active FKLI contract is trading below the support line of its downward channel, with the 1538–1540 zone now acting as resistance. The index remains biased to the downside. On the smaller timeframe, the index appears to be consolidating within a minor sideways range. Resistance is still observed at 1538–1540, while support lies around 1525–1526. A breakout on either side may determine the next directional move; otherwise, the index may continue trading sideways in the near term. Stay cautious of potential shifts in market sentiment. Immediate support and resistance levels are identified at 1533 and 1539 respectively.

(News Source: The Star)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.060398 4.090876
EUR 4.772014 4.774503
CNY 0.579057 0.579372
HKD 0.522130 0.525548
SGD 3.142987 3.163685