FKLI
FKLI Spot Month Futures - 7 Aug 2025
Thu, 07-Aug-2025 09:11 am
by Dealing Team • Apex Futures

FKLI
Pivot
1541
Resistance
1549 / 1554 / 1559
Support
1541 / 1536 / 1531
Possible Range
1530 to 1560
Strategy
Long positions may be opened above 1545 with targets at 1549/1554 and stop-loss at 1540
Short positions may be opened below 1545 with targets at 1541/1536 and stop-loss at 1550

FKLI Aug month rose 3.5 points or 0.23% to closed higher at 1543. The FBM KLCI closed higher for the second straight session on Wednesday, in line with regional gains, amid cautious sentiment and continued foreign selling.

The Dow Jones index dropped 81 points to closed moderately higher at 44193 on previous session. Wall Street indexes advanced on Wednesday, lifted by largely upbeat corporate earnings, while U.S. yields also climbed. In contrast, European shares ended flat, snapping a two-day winning streak.

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 in a narrow range, showing a slight upside bias. We see potential for a buy-on-retracement strategy, with immediate support at 1536–1538 to sustain the upside movement. On the resistance side, levels are spotted at 1547–1549. A breakout above this zone could lift the index toward 1555–1557, or potentially higher. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1541 and 1549, 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