FKLI
FKLI Spot Month Futures (PM) - 13 Jun 2025
Fri, 13-Jun-2025 09:01 am
by Dealing Team • Apex Futures

FKLI
Pivot
1519
Resistance
1524 / 1530 / 1535
Support
1519 / 1514 / 1509
Possible Range
1505 to 1535
Strategy
Long positions may be opened above 1519 targets at 1524/1530 and stop-loss at 1514
Short positions may be opened below 1519 targets at 1514/1509 and stop-loss at 1524

FKLI June month dropped 4 points or 0.26% to close lower at 1518. The FBM KLCI ended higher for the second consecutive day, supported by selective  buying  in  heavyweight  stocks  amid  a  cautious  trading environment. Market sentiment remained guarded due to persistent uncertainties surrounding global trade developments and a mixed performance across major regional markets. 

Overnight Dow Jones rose 101 points to close higher at 42967. The dollar fell to a 2025 low on Thursday, while Wall Street stocks extended their recent rally as traders assessed soft inflation data, escalating tensions in the Middle East, and the uncertain stability of the U.S.-China trade truce.

The actively traded FKLI contract continues to hover near the midpoint of a broad downward channel on the daily chart. After experiencing consistent selling pressure from May 15 to June 3, the index has found solid support in the 1,509–1,511 zone. On the hourly chart, the index has been trading within a very tight range in recent sessions, forming a sideways consolidation pattern after multiple attempts to break the resistance at 1,523–1,524. A successful breakout above this level may trigger further upside toward 1,530, with a potential extension to 1,535. However, if the index fails to breach this resistance, it may continue to move sideways, with key support observed at the 1,516–1,515 range. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1519 and 1524, respectively.

(News Source: 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