FKLI
FKLI Spot Month Futures - 23 Sep 2025
Tue, 23-Sep-2025 09:41 am
by Dealing Team • Apex Futures

FKLI
Pivot
1603
Resistance
1607 / 1612 / 1618 / 1625
Support
1603 / 1597 / 1592 / 1587
Possible Range
1595 to 1625
Strategy
Long positions may be opened above 1607 with targets at 1612/1618 and stop-loss at 1601
Short positions may be opened below 1607 with targets at 1603/1597 and stop-loss at 1613

FKLI Sep month rose 2.5 points or 0.16% closed higher at 1602.5. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended higher on Monday, supported by sustained buying of heavyweight counters in the construction, utilities and financial services sectors.

The Dow Jones index rose 66 points to close higher at 46381 on previous session. All three major U.S. stock indexes registered record closing highs for a third straight session on Monday, led by gains in technology shares, with Nvidia, opens new tab gaining after it said it will invest up to $100 billion in OpenAI.

The actively traded FKLI contract continued its upward movement after closing higher in the previous session. However, the index is still facing resistance near the 1616–1620 range, forming a potential double top. A breakout above this range could drive the index higher, while failure to break through may trigger selling from this area, though with limited downside. On the smaller time frame, a minor upward channel is forming, with support seen at the 1603–1605 range, which needs to hold to sustain the upside momentum. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1603 and 1607, 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