FKLI
FKLI Spot Month Futures - 3 Sep 2025
Wed, 03-Sep-2025 08:26 am
by Dealing Team • Apex Futures

FKLI
Pivot
1545
Resistance
1565 / 1570 / 1573 / 1578
Support
1542 / 1532 / 1520 / 1500
Possible Range
1532 to 1565
Strategy
Long positions may be opened above 1553 with targets at 1565/1570 and stop-loss at 1544
Short positions may be opened below 1551 with targets at 1542/1532 and stop-loss at 1556

FKLI Sep month closed unchanged 1548.5. The FBM KLCI ended near low, bringing a third day weakness and uncertainty amid cautious sentiment.

The Dow Jones index dropped 249 points to close lower at 45295 on previous session. Global stocks fell and long-dated bond yields in Europe hit multiyear highs on Tuesday as investors grew increasingly worried about the state of finances in countries around the world, while the dollar gained, and gold touched a fresh record high.

The actively traded FKLI Sep contract is still pressured selling despite the foreseen discounted spread against the cash market of approximately 27.5 points. The index closed around the immediate support level of the continuous daily chart, identified at 1542. The market may find buying interest around this level, but if support fails, the direction could shift toward further selling. On the upside, resistant levels is seen around 1565 – 1570. A breakout above this zone could drive index toward the next target at 1573 – 1578, shifting momentum back to an upward bias. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1542 and 1565, respectively. 

(News Source: The Star; Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.071594 4.103148
EUR 4.788661 4.792351
CNY 0.580700 0.581157
HKD 0.523467 0.527018
SGD 3.153405 3.174965