FKLI
FKLI Spot Month Futures - 12 Sep 2025
Fri, 12-Sep-2025 09:16 am
by Dealing Team • Apex Futures

FKLI
Pivot
1576
Resistance
1583 / 1588 / 1592 / 1595
Support
1577 / 1573 / 1568 / 1563
Possible Range
1570 to 1600
Strategy
Long positions may be opened above 1583 with targets at 1588/1592 and stop-loss at 1578
Short positions may be opened below 1583 with targets at 1577/1573 and stop-loss at 1588

FKLI Sep month rose 3 points or 0.19% closed higher at 1577.5 on previous trading session. The FBM KLCI ended a three-day rally, slipping 0.5% to 1,582.85 on Thursday, weighed by ex-dividend adjustments in Maybank and profit-taking activity.

The Dow Jones index jumped 617 points to close higher at 46108 on previous session. Wall Street's main indexes notched record-high closes on Thursday following gains in Tesla and Micron Technology, while U.S. inflation and jobless data fueled expectations that the Federal Reserve will cut interest rates this month.

The actively traded FKLI contract on the daily chart overall supported 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 1,583 to 1584, A breakout above this range could extend gains toward 1,589-1588 range or further higher at 1592 to 1595, while failure to do so may trigger renewed selling pressure. Immediate support is seen at 1577 to 1576, which is crucial for maintaining the short-term upward momentum. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1577 and 1583, respectively. 

(News Source: The Star; Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.189564 4.225840
EUR 4.930937 4.944344
CNY 0.590125 0.591709
HKD 0.538841 0.543525
SGD 3.269557 3.298024