FKLI
FKLI Spot Month Futures - 26 Aug 2025
Tue, 26-Aug-2025 09:21 am
by Dealing Team • Apex Futures

FKLI
Pivot
1610
Resistance
1611 / 1616 / 1620
Support
1607 / 1602 / 1596
Possible Range
1595 to 1625
Strategy
Long positions may be opened above 1607 with targets at 1611/1616 and stop-loss at 1601
Short positions may be opened below 1607 with targets at 1602/1596 and stop-loss at 1613

FKLI Aug month rose 5 points or 0.31% to closed higher at 1609. The FBM KLCI crossed the 1,600 mark after three straight gains, while the ringgit strengthened to RM4.2035 amid regional markets hitting record highs.

The Dow Jones index dropped 349 points to close lower at 45282 on previous session. Major U.S. stock indexes slipped on Monday, pulling back from Friday’s gains after Federal Reserve Chair Jerome Powell signaled that a September rate cut is possible but not guaranteed. Meanwhile, the dollar strengthened.

The actively traded FKLI contract remains in an upward-biased pattern on the daily chart, though the previous close formed a bearish doji, with the price capped below the 1616–1617 resistance zone. This signals a potential shift toward a downside bias. On the hourly chart, profit-taking pressure is evident, with prices breaking below the earlier support at 1608–1607. A “sell-on-rebound” strategy carries higher probability under current conditions. We now identify the next support at 1600–1599. A break below this range could drive the index lower toward 1596–1594, while holding above 1600 may attract renewed buying interest.  Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1607 and 1611, 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 4.216494 4.249912
EUR 4.923595 4.928588
CNY 0.592163 0.592763
HKD 0.540426 0.544215
SGD 3.273679 3.296901