FKLI
FKLI Spot Month Futures - 11 Aug 2025
Mon, 11-Aug-2025 09:40 am
by Dealing Team • Apex Futures

FKLI
Pivot
1553
Resistance
1566 / 1570 / 1575
Support
1561 / 1556 / 1551
Possible Range
1545 to 1565
Strategy
Long positions may be opened above 1566 with targets at 1570/1575 and stop-loss at 1561
Short positions may be opened below 1566 with targets at 1561/1556 and stop-loss at 1571

FKLI Aug month rose 5 points or 0.32% to closed higher at 1556. Last-minute buying interest pushed the FBM KLCI to close at its intraday high on Friday, after a subdued session earlier in the day.

The Dow Jones index rose 206 points to closed higher at 44175 on previous session. U.S. stocks ended higher and the Nasdaq notched a record closing high for the second straight day on Friday as technology-related shares, including Apple, gained and as investors were optimistic about potential interest rate cuts.

The actively traded FKLI contract is hovering near the resistance area of the wide downward channel at the 1560–1562 range. Sustaining support at this level could maintain buying momentum toward the 1566–1567 range, which represents another crucial resistance zone on the longer-term chart. On the downside, support is seen at the 1555–1557 range. Any pullback to this level, if well-supported, could keep the uptrend intact. However, a failure to hold above this range may trigger further technical selling. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1561 and 1566, 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