FKLI
FKLI Spot Month Futures (PM) - 3 Jun 2025
Tue, 03-Jun-2025 02:31 pm
by Dealing Team • Apex Futures

FKLI
Pivot
1498
Resistance
1502 / 1507 / 1512
Support
1498 / 1493 / 1488
Possible Range
1495 to 1515
Strategy
Long positions may be opened above 1502 with targets at 1507/1512 and stop-loss at 1497
Short positions may be opened below 1502 with targets at 1498/1493 and stop-loss at 1507

FKLI June month rose 2 points or 0.13 to closed slightly higher at 1498 on midday session. Bursa Malaysia extended its decline at midday, with the FBM KLCI slipping 4.89 points or 0.32% to 1,503.46, pressured by persistent selling in heavyweight stocks.

The actively traded FKLI contract continues to trend lower after failing to hold above the 1,512–1,513 zone since last Friday's session. The overall bias remains bearish, with a preference for sell-on-rebound strategies. However, some technical buying may lift the index toward the immediate resistance at 1,502–1,503, offering a potential opportunity to re-enter short positions. A break above this resistance could open the path toward the next resistance zone at 1,506–1,507. Stay cautious of potential shifts in market sentiment. Immediate support and resistance levels are identified at 1498 and 1502 respectively.

(News Source: Business Today)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 3.932397 3.958139
EUR 4.583468 4.586119
CNY 0.572032 0.572355
HKD 0.502650 0.505949
SGD 3.080534 3.100920