FKLI
FKLI Spot Month Futures (PM) - 10 Jun 2025
Tue, 10-Jun-2025 02:29 pm
by Dealing Team • Apex Futures

FKLI
Pivot
1513
Resistance
1518 / 1524 / 1530
Support
1513 / 1509 / 1504
Possible Range
1500 to 1530
Strategy
Long positions may be opened above 1513 with targets at 1518/1524 and stop-loss at 1508
Short positions may be opened below 1513 with targets at 1509/1504 and stop-loss at 1518

FKLI June month dropped 4 points or 0.26% to closed lower at 1512 on midday session. The FBM KLCI remained steady during the morning session, supported by selective buying interest despite cautious market sentiment and lingering uncertainties surrounding US-China trade relations.

The actively traded FKLI contract continues to trade near the midpoint of a broad downward channel on the daily chart. After facing persistent selling pressure from May 15 to June 3, the index found support around the 1,498–1,497 zone, indicating potential for a technical rebound. However, the hourly chart shows prices moving within a narrow sideways range. Immediate support is seen at the 1,510–1,511 level. Holding above this zone may present a short-term buying opportunity, with an upside target around 1,518–1,520. Conversely, a break below the support could lead to further selling pressure toward the 1,504–1,505 area. Stay cautious of potential shifts in market sentiment. Immediate support and resistance levels are identified at 1513 and 1518 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