FKLI
FKLI Spot Month Futures - 20 Aug 2025
Wed, 20-Aug-2025 08:51 am
by Dealing Team • Apex Futures

FKLI
Pivot
1590
Resistance
1595 / 1598 / 1602
Support
1592 / 1588 / 1585
Possible Range
1575 to 1605
Strategy
Long positions may be opened above 1588 with targets at 1595/1597 and stop-loss at 1583
Short positions may be opened below 1588 with targets at 1583/1578 and stop-loss at 1593

FKLI Aug month rose 10 points or 0.63% to closed higher at 1593. The FBM KLCI extended its uptrend, rising for a second session and bucking the weaker trend across most regional markets.

The Dow Jones index rose 10 points to closed slightly higher at 44922 on previous session. The Nasdaq and S&P 500 fell on Tuesday, pressured by declines in tech stocks, as investors awaited Federal Reserve Chair Jerome Powell’s remarks later this week on the outlook for interest rates.

The actively traded FKLI contract rose in the previous session but remained below the crucial resistance range at 1600. Overall the index is still supportive on its uptrend with immediate support at 1592 -1588. Beware of any potential sentiment changes as the downside below 1588, will trigger price level back to 1570 for support. Immediate support and resistance levels are identified at 1588 and 1600, 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