FKLI
FKLI Spot Month Futures - 26 Sep 2025
Fri, 26-Sep-2025 09:38 am
by Dealing Team • Apex Futures

FKLI
Pivot
1594
Resistance
1598 / 1603 / 1608 / 1613
Support
1594 / 1589 / 1584 / 1578
Possible Range
1575 to 1605
Strategy
Long positions may be opened above 1598 with targets at 1603/1608 and stop-loss at 1593
Short positions may be opened below 1598 with targets at 1594/1589 and stop-loss at 1603

FKLI Sep month dropped 1 point or 0.06% closed almost flat at 1593. The FBM KLCI closed slightly lower on Thursday as investors stayed cautious in search of fresh catalysts, while regional bourses ended mixed.

The Dow Jones index dropped 173 points to close lower at 45947 on previous session. U.S. stocks ended moderately lower on Thursday, with most S&P 500 sectors down as economic data increased uncertainty over the outlook for interest rate cuts from the Federal Reserve.

The actively traded FKLI contract closed lower for the second consecutive session, with resistance seen near the 1,613–1,615 range. This area is forming a potential triple top, signaling hesitation to push higher for now. On the hourly chart, the index continues to move within a downward channel and is currently trading below the resistance line at 1,596–1,598, which could serve as a potential selling area. Our short-term view favors a sell-on-rebound approach, with downside targets at 1,594 and potentially 1,589. However, a break above the resistance line may shift momentum back toward an upward bias. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1594 and 1598, 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