FKLI
FKLI Spot Month Futures - 10 Sep 2025
Wed, 10-Sep-2025 09:14 am
by Dealing Team • Apex Futures

FKLI
Pivot
1567
Resistance
1572 / 1577 / 1582 / 1588
Support
1567 / 1562 / 1557 / 1551
Possible Range
1550 to 1580
Strategy
Long positions may be opened above 1567 with targets at 1572/1577 and stop-loss at 1562
Short positions may be opened below 1567 with targets at 1562/1557 and stop-loss at 1572

FKLI Sep month rose 1.5 points or 0.10% closed slightly higher at 1569.5 on previous trading session. The FBM KLCI staged a late turnaround to close slightly higher, lifted by last-minute buying in CelcomDigi, which offset earlier losses from ex-dividend adjustments in Maxis and MISC and profit-taking in Tenaga Nasional and CIMB.

The Dow Jones index rose 196 points to close higher at 45711 on previous session. Wall Street’s three major indexes closed at record highs on Tuesday, boosted by a rally in UnitedHealth, while a downward revision to payrolls reinforced expectations that the Federal Reserve may soon cut interest rates to support economic growth.

The actively traded FKLI contract traded within a narrow range last week after rolling into the new active month. On the daily chart, the index continued to find support above the 1,545–1,550 zone, sustaining its position within a broader upward channel. On the hourly chart, technical buying momentum remains intact, with immediate resistance at 1,575–1,577. A breakout above this range could extend gains toward 1,586-1588, while failure to do so may trigger renewed selling pressure. Immediate support is seen at 1,562*1560, which is crucial for maintaining the short-term upward momentum. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1567 and 1572, 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
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