FKLI
FKLI Spot Month Futures - 17 Sep 2025
Wed, 17-Sep-2025 09:39 am
by Dealing Team • Apex Futures

FKLI
Pivot
1586
Resistance
1601 / 1606 / 1611 / 1616
Support
1597 / 1592 / 1587 / 1582
Possible Range
1585 to 1615
Strategy
Long positions may be opened above 1597 with targets at 1601/1606 and stop-loss at 1592
Short positions may be opened below 1597 with targets at 1592/1587 and stop-loss at 1602

FKLI Sep month rose 11 points or 0.70% closed higher at 1588.5 on last Friday. Last-minute buying lifted the FBM KLCI past the 1,600 psychological level on Friday closed, tracking gains across regional markets ahead of the long weekend.

The Dow Jones index dropped 125 points to close lower at 45757 on previous session. Wall Street’s three major indexes closed lower on Tuesday in volatile trading, as investors turned cautious ahead of the highly anticipated Federal Reserve interest rate cut.

The actively traded FKLI contract has broken above the key resistance range of 1,588–1,592 on the daily chart, recovering from the strong selling pressure seen since 26 August. This range now serves as an important support zone to sustain the ongoing uptrend. We anticipate buying on retracement in the coming sessions, with immediate resistance spotted at 1,600–1,605. A decisive break above this level could drive prices toward the 1,608–1,610 range. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1597 and 1601, 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