FKLI
FKLI Spot Month Futures - 15 Aug 2025
Fri, 15-Aug-2025 09:47 am
by Dealing Team • Apex Futures

FKLI
Pivot
1587
Resistance
1582 / 1587 / 1593
Support
1576 / 1571 / 1566
Possible Range
1565 to 1595
Strategy
Long positions may be opened above 1582 with targets at 1587/1593 and stop-loss at 1577
Short positions may be opened below 1582 with targets at 1576/1571 and stop-loss at 1587

FKLI Aug month dropped 10 points or 0.63% to closed lower at 1585. Bursa Malaysia pulled back from a seven-day winning streak to close lower today due to profit-taking in line with the downbeat regional market performance.

The Dow Jones index dropped 11 points to closed slightly lower at 44911 on previous session. Wall Street's main indexes were mixed on Thursday with S&P 500 edging up to a closing high, while the Dow Jones and Nasdaq were flat, after a hotter-than-expected producer prices report dampened expectations of potential interest-rate cuts.

The actively traded FKLI contract fell in the previous session after touching a high of 1601, with the index pulling back further at today’s opening. On the daily chart, the index recently broke a crucial resistance level at 1565–1568, which now serves as an important support to sustain the uptrend. The hourly chart suggests there is still room for further technical correction. Failure to break above 1581–1582 could send prices lower, with support spotted at the 1575–1572 range. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1576 and 1582, respectively.

(News Source: NST; 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