FKLI
FKLI Spot Month Futures - 6 Aug 2025
Wed, 06-Aug-2025 09:04 am
by Dealing Team • Apex Futures

FKLI
Pivot
1536
Resistance
1541 / 1546 / 1551
Support
1532 / 1527 / 1522
Possible Range
1525 to 1545
Strategy
Long positions may be opened above 1536 with targets at 1541/1546 and stop-loss at 1531
Short positions may be opened below 1536 with targets at 1532/1527 and stop-loss at 1541

FKLI Aug month rose 9 points or 0.59% to closed higher at 1539.5. Bursa The FBM KLCI closed higher on Tuesday, tracking regional gains, while the ringgit strengthened against the US dollar.

The Dow Jones index dropped 61 points to closed moderately lower at 44111 on previous session. Wall Street stock indexes fell on Tuesday as investors weighed tariff concerns and weaker than expected U.S. economic data, while equities in Europe and Asia notched gains.

The actively traded FKLI contract remains within a broader downward channel, with major resistance at 1555–1560. On the shorter time frame, the index continues to trade within a narrow range, showing a slight upside bias. We see potential for a buy-on-retracement strategy, with immediate resistance at 1536–1538. A breakout above this zone could push the index toward 1541, and possibly up to 1546. If resistance fails to break, the index may retreat, though with limited downside, with immediate support at 1525–1526. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1532 and 1541, respectively.

(News Source: The Star; Reuters)

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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