FKLI
FKLI Spot Month Futures - 22 Sep 2025
Mon, 22-Sep-2025 09:44 am
by Dealing Team • Apex Futures

FKLI
Pivot
1599
Resistance
1607 / 1612 / 1618 / 1625
Support
1600 / 1594 / 1588 / 1583
Possible Range
1590 to 1620
Strategy
Long positions may be opened above 1600 with targets at 1607/1612 and stop-loss at 1595
Short positions may be opened below 1600 with targets at 1594/1588 and stop-loss at 1605

FKLI Sep month rose 2 points or 0.13% closed higher at 1600. The FBM KLCI eased for a second consecutive day on Friday, ending little changed amid mixed regional performances.

The Dow Jones index rose 172 points to close higher at 46315 on previous session. Global stocks rose in choppy trading on Friday, on track for a weekly gain, driven by positive sentiment on Wall Street following key central bank decisions.

The actively traded FKLI contract remains within an upward channel on the daily chart but is facing resistance just below the 1620 level, where a double-top pattern has formed, signaling hesitation to move higher. Technical correction may continue, and failure to hold above the 1600–1598 support range could drive the index lower toward 1594, or even 1588 at the lowest. Conversely, if the index holds above 1600, upward momentum is likely to resume. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1600 and 1607, respectively. 

(News Source: The Star; Reuters)

Read more details in:

Disclaimer

The report is for internal and private circulation only and shall not be reproduced either in part or otherwise without the prior written consent of Apex Securities Berhad. The opinions and information contained herein are based on available data believed to be reliable. It is not to be construed as an offer, invitation or solicitation to buy or sell the securities covered by this report.

Opinions, estimates and projections in this report constitute the current judgment of the author. They do not necessarily reflect the opinion of Apex Securities Berhad and are subject to change without notice. Apex Securities Berhad has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Apex Securities Berhad does not warrant the accuracy of anything stated herein in any manner whatsoever and no reliance upon such statement by anyone shall give rise to any claim whatsoever against Apex Securities Berhad. Apex Securities Berhad may from time to time have an interest in the company mentioned by this report. This report may not be reproduced, copied or circulated without the prior written approval of Apex Securities Berhad.

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