FKLI
FKLI Spot Month Futures - 4 Sep 2025
Thu, 04-Sep-2025 08:22 am
by Dealing Team • Apex Futures

FKLI
Pivot
1549.5
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 1550 with targets at 1542/1532 and stop-loss at 1556

FKLI Sep month rose 5.5 points or 0.36% closed at 1554. The FBM KLCI recovered from the low, ending the third day weakness amid cautious sentiment.

The Dow Jones index dropped 24 points to close slightly lower at 45271 on previous session. Wall Street stocks recovered some ground on Wednesday after technology conglomerate Alphabet rose on a favorable antitrust ruling, but gains were muted as investors digested softer-than-expected labor market data and a selloff in long-term global government bonds.

The actively traded FKLI Sep contract has eased its selling pressure narrowing the foreseen discounted spread against the cash market of from 27.5 points to 24 points. The index revert upwards 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 to 1532 to 1520. 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, fuelling the momentum upwards. 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