FKLI
FKLI Spot Month Futures - 13 Aug 2025
Wed, 13-Aug-2025 09:33 am
by Dealing Team • Apex Futures

FKLI
Pivot
1570
Resistance
1581 / 1586 / 1592
Support
1575 / 1570 / 1566
Possible Range
1560 to 1590
Strategy
Long positions may be opened above 1575 with targets at 1581/1586 and stop-loss at 1570
Short positions may be opened below 1575 with targets at 1570/1566 and stop-loss at 1580

FKLI Aug month minus 1 point or 0.06% to closed almost flat at 1567.5. The FBM KLCI extended its uptrend for the sixth consecutive session, closing at its highest level in nearly three months.

The Dow Jones index jumped 483 points to closed higher at 44458 on previous session. The S&P 500 and Nasdaq closed at record highs on Tuesday, as data showing July inflation rising broadly in line with expectations strengthened market bets on a Federal Reserve interest rate cut next month.

The actively traded FKLI contract extended its gains, reaching a new high of 1,579.5 on the daily chart since opening, support is now seen at the 1,577 to 1575 range, which is crucial to sustaining the current buying momentum. We remain our view that if the index can sustain above the 1,575–1,577 zone, it has the potential to advance towards the next high in the 1,585–1,586 range. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1575 and 1581, 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