FKLI
FKLI Spot Month Futures - 1 Aug 2025
Fri, 01-Aug-2025 10:26 am
by Dealing Team • Apex Futures

FKLI
Pivot
1518
Resistance
1518 / 1522 / 1527
Support
1513 / 1508 / 1504
Possible Range
1505 to 1525
Strategy
Long positions may be opened above 1518 with targets at 1522/1527 and stop-loss at 1513
Short positions may be opened below 1518 with targets at 1513/1508 and stop-loss at 1523

FKLI Aug month dropped 9.5 points or 0.62% to closed lower at 1518. Malaysia's benchmark KLCI dropped 0.7% to finish at the day’s low of 1513.25 on Thursday, mirroring losses across most Asian markets.

 

The Dow Jones index dropped 330 points to closed lower at 44130 on previous session. U.S. stocks closed lower on Thursday as early gains faded, weighed by the latest round of corporate earnings and economic data, while investors awaited results from megacaps Amazon and Apple, due after the closing bell.

 

The actively traded FKLI contract has rolled over to the August month and remains within a broader downward channel. On the hourly chart, momentum stays bearish after breaking below the crucial support zone at 1515–1517. We continue to adopt a sell-on-rebound strategy, with downside targets expected around the 1505–1500 range. On the upside, immediate resistance is seen at 1518–1519. A breakout above this level could lift the index slightly higher, though upside remains limited, while failure to break above may invite renewed selling pressure. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1513 and 1518, respectively. 
 

(News Source: The Star, Reuters)

Read more details in:

Disclaimer

The report is for internal and private circulation only and shall not be reproduced either in part or otherwise without the prior written consent of Apex Securities Berhad. The opinions and information contained herein are based on available data believed to be reliable. It is not to be construed as an offer, invitation or solicitation to buy or sell the securities covered by this report.

Opinions, estimates and projections in this report constitute the current judgment of the author. They do not necessarily reflect the opinion of Apex Securities Berhad and are subject to change without notice. Apex Securities Berhad has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Apex Securities Berhad does not warrant the accuracy of anything stated herein in any manner whatsoever and no reliance upon such statement by anyone shall give rise to any claim whatsoever against Apex Securities Berhad. Apex Securities Berhad may from time to time have an interest in the company mentioned by this report. This report may not be reproduced, copied or circulated without the prior written approval of Apex Securities Berhad.

Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.212042 4.248408
EUR 4.921000 4.929487
CNY 0.591903 0.592919
HKD 0.540309 0.544492
SGD 3.268153 3.293573