FKLI
FKLI Spot Month Futures (PM) - 27 May 2025
Tue, 27-May-2025 02:25 pm
by Dealing Team • Apex Futures

FKLI
Pivot
1530
Resistance
1531 / 1537 / 1542
Support
1525 / 1520 / 1515
Possible Range
1520 to 1540
Strategy
Long positions may be opened above 1531 with targets at 1537/1542 and stop-loss at 1525
Short positions may be opened below 1531 with targets at 1525/1520 and stop-loss at 1536

FKLI May month dropped 8 point or 0.52% to closed lower at 1526.5 on midday session. Malaysia’s benchmark stock index opened flat on Tuesday, reflecting investor caution as the corporate earnings season approaches its final phase.

The active FKLI contract continues to trend lower, breaking another support level below the 1531–1533 range, which now acts as immediate resistance. On the shorter timeframe, the index is consolidating within a narrow sideways range, with support at 1525–1526. If this support fails to hold, further downside movement is likely. Our primary strategy remains selling on rebound. However, if the support holds, a limited upside rebound may follow. Stay cautious of potential shifts in market sentiment. Immediate support and resistance levels are identified at 1525 and 1531 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