FKLI
FKLI Spot Month Futures (PM) - 4 Jun 2025
Wed, 04-Jun-2025 02:41 pm
by Dealing Team • Apex Futures

FKLI
Pivot
1501
Resistance
1505 / 1511 / 1516
Support
1497 / 1492 / 1487
Possible Range
1490 to 1520
Strategy
Long positions may be opened above 1501 with targets at 1505/1511 and stop-loss at 1496
Short positions may be opened below 1501 with targets at 1497/1492 and stop-loss at 1506

FKLI June month rose 4 points or 0.27% to closed higher at 1502.5 on midday session. Bursa Malaysia ended the morning session lower, with the FBM KLCI down 0.84 points to 1,502.41, as a lack of fresh catalysts weighed on sentiment. This contrasted with regional gains driven by hopes of a US-China trade call between Presidents Trump and Xi.

The actively traded FKLI contract remains in a downtrend after failing to hold above the 1,500–1,502 zone, keeping the bearish bias intact with a preference for sell-on-rebound strategies. The hourly chart shows a sideways consolidation, with resistance at 1,505–1,506 and support at 1,495–1,494. A breakout above resistance may lead to limited upside towards 1,510–1,511, while a break below support could trigger further downside pressure. Stay cautious of potential shifts in market sentiment. Immediate support and resistance levels are identified at 1497 and 1505 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