FKLI
FKLI Spot Month Futures - 27 Aug 2025
Wed, 27-Aug-2025 09:38 am
by Dealing Team • Apex Futures

FKLI
Pivot
1587
Resistance
1581 / 1587 / 1593
Support
1575 / 1568 / 1561
Possible Range
1565 to 1595
Strategy
Long positions may be opened above 1581 with targets at 1587/1593 and stop-loss at 1575
Short positions may be opened below 1581 with targets at 1575/1568 and stop-loss at 1587

FKLI Aug month dive 34.5 points or 2.14% to closed lower at 1574.5. The strong selling momentum on the FBM KLCI yesterday put investors on a cautious footing, which could prevent a quick rebound on the market.

The Dow Jones index rose 135 points to close higher at 45418 on previous session. U.S. Treasury yields and the dollar eased on Tuesday after President Donald Trump’s dismissal of a central bank governor sparked concerns over the Fed’s independence, while Wall Street stocks closed higher ahead of Nvidia’s earnings on Wednesday.

The actively traded FKLI contract remains upward-biased on the daily chart; however, the market is shifting toward a downside bias amid a technical correction. Immediate support is spotted at 1570–1568. Selling momentum has been strong since yesterday’s morning session, keeping the market in a bearish tone. A rebound toward the resistance zone at 1585–1587 may present selling opportunities, though a decisive break above this resistance could shift the outlook back to bullish, however with limited upside. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1575 and 1581, respectively.

(News Source: The Star; Reuters)

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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