FKLI
FKLI Spot Month Futures - 11 Sep 2025
Thu, 11-Sep-2025 09:29 am
by Dealing Team • Apex Futures

FKLI
Pivot
1573
Resistance
1578 / 1583 / 1588 / 1592
Support
1573 / 1568 / 1563 / 1559
Possible Range
1555 to 1585
Strategy
Long positions may be opened above 1573 with targets at 1578/1583 and stop-loss at 1568
Short positions may be opened below 1573 with targets at 1568/1563 and stop-loss at 1578

FKLI Sep month rose 5 points or 0.32% closed higher at 1574.5 on previous trading session. Bursa Malaysia ended trading on a positive note yesterday, marking its third consecutive day of gains in line with other major Asian bourses. 

The Dow Jones index dropped 220 points to close lower at 45490 on previous session. The S&P 500 and Nasdaq closed at record highs on Wednesday, lifted by a surge in Oracle shares and cooler-than-expected inflation data, which bolstered expectations of a U.S. Federal Reserve rate cut next week.

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, we remain our view that 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 1568-1566, which is crucial for maintaining the short-term upward momentum. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1573 and 1578, 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