FKLI
FKLI Spot Month Futures - 29 Aug 2025
Fri, 29-Aug-2025 09:28 am
by Dealing Team • Apex Futures

FKLI
Pivot
1565
Resistance
1562 / 1567 / 1572
Support
1557 / 1552 / 1547
Possible Range
1550 to 1580
Strategy
Long positions may be opened above 1562 with targets at 1567/1572 and stop-loss at 1557
Short positions may be opened below 1562 with targets at 1557/1552 and stop-loss at 1567

FKLI Sep month dropped 1 point or 0.06% to closed almost flat at 1562. The FBM KLCI ended at its intraday low as late selling dragged the market lower amid cautious sentiment, bucking gains across most regional indices.

The Dow Jones index rose 71 points to close slightly higher at 45636 on previous session. The S&P 500 and Dow Jones Industrial Average notched record high closes on Thursday after Nvidia's quarterly report fell short of investors' high expectations but confirmed that spending related to artificial intelligence infrastructure remains strong.

The actively traded FKLI contract has rolled over to September from today, as August reaches its final trading day. On the daily chart, the index remains within a broad upward channel after breaking the crucial resistance zone of 1560–1555 earlier. This morning, the September contract opened near the channel’s support area at 1550–1545. The market may find buying interest around this range, but if support fails, the direction could shift toward further selling. On the upside, resistance is seen at 1565–1567. A breakout above this zone could drive the index toward the next target at 1572–1575, shifting momentum back to an upward bias. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1557 and 1562, respectively.

(News Source: The Star; Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.202015 4.235318
EUR 4.910409 4.915416
CNY 0.591633 0.592086
HKD 0.539313 0.543090
SGD 3.271821 3.294958