FKLI
FKLI Spot Month Futures (PM) - 30 May 2025
Fri, 30-May-2025 08:40 am
by Dealing Team • Apex Futures

FKLI
Pivot
1518
Resistance
1518 / 1523 / 1593
Support
1510 / 1504 / 1498
Possible Range
1500 to 1520
Strategy
Long positions may be opened above 1514 targets at 1518/1523 and stop-loss at 1509
Short positions may be opened below 1514 targets at 1510/1504 and stop-loss at 1519

FKLI June month dropped 7.5 points or 0.49 to close lower at1515. While most regional markets rallied after a U.S. trade court halted President Donald Trump’s broad tariff measures, the FBM KLCI extended its decline, closing lower for the fourth straight session.
Overnight Dow Jones rose 117 points to close higher at42215. Global stocks advanced while the U.S. dollar weakened on Thursday, as investors monitored the ongoing court battle over President Donald Trump’s so called 'Liberation Day' tariffs.
The actively traded FKLI contract begins trading for June 2025 starting today. The market remains in a bearish momentum, with a sell on rebound' strategy favored for now. We anticipate some technical buying interest following the recent sell-off, with potential rebound resistance seen around the 1,518–1,517 zone, which may present a selling opportunity. Immediate support is located at 1,506–1,504; a break below this level could lead the index lower toward the 1,500 - 1498 region. Beware of any potential sentiment changes. Immediate support and resistance levels identified at 1510 and 1518, respectively.

(News Source: The Star, Reuters)

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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