FKLI
FKLI Spot Month Futures - 8 Sep 2025
Mon, 08-Sep-2025 09:06 am
by Dealing Team • Apex Futures

FKLI
Pivot
1556
Resistance
1563 / 1567 / 1571 / 1575
Support
1559 / 1556 / 1552 / 1548
Possible Range
1540 to 1570
Strategy
Long positions may be opened above 1559 with targets at 1563/1567 and stop-loss at 1554
Short positions may be opened below 1559 with targets at 1556/1552 and stop-loss at 1564

FKLI Sep month rose 2 points or 0.13% closed slightly higher at 1556.5 on previous trading session. The FBM KLCI closed little changed ahead of the long weekend, after Bank Negara kept interest rates steady, amid broadly higher regional markets.

The Dow Jones index dropped 220 points to close lower at 45400 on previous session. U.S. stocks briefly touched record highs on Friday before reversing lower, as data showing slower job growth in August reinforced investor bets that the Federal Reserve could cut interest rates later this month, possibly by as much as 50 basis points.

The actively traded FKLI contract moved within a narrow range last week after rolling into the new active month. On the daily chart, the index held support at the 1,545–1,550 zone, maintaining its position within a broader upward channel. On the hourly chart, we observed a technical buying move, with immediate resistance seen at 1,565–1,567. A breakout above this range could extend the rally toward 1,575–1,577, while failure to break may invite renewed selling pressure. Immediate support is located at 1,556–1,554, which is crucial to sustaining the recent buying momentum. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1559 and 1563, 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