FKLI
FKLI Spot Month Futures - 6 Oct 2025
Mon, 06-Oct-2025 10:01 am
by Dealing Team • Apex Futures

FKLI
Pivot
1637
Resistance
1637 / 1642 / 1648 / 1653
Support
1631 / 1626 / 1621 / 1616
Possible Range
1620 to 1650
Strategy
Long positions may be opened above 1634 with targets at 1637/1642 and stop-loss at 1629
Short positions may be opened below 1634 with targets at 1631/1626 and stop-loss at 1639

FKLI Sep month down 0.5 point or 0.03% closed at 1631.5. The FBM KLCI was range-bound on Monday as investors digested the gains made in previous week, and proceeded with caution ahead of the tabling of Budgets 2026 this week. 

The Dow Jones index rose 238 points to close higher at 46758 on previous session. The S&P 500 eked out a record closing high in a volatile session Friday, with interest rate-cut expectations holding up as the U.S. government shutdown went on for a third day. The Dow also posted a record closing high, but the Nasdaq ended lower.

The actively traded FKLI contract encountered new resistance in the 1,637–1,634 range during last week’s session. On the broader time frame, the index still reflects an overall upward bias. In the short term, a technical correction may take place, with support spotted at the 1,624–1,626 range. Holding above this zone could provide buying opportunities, with targets at 1,631–1,634. On the upside, a breakout above resistance may shift momentum toward a stronger buying bias, with targets at the previous resistance zone of 1,640–1,645. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1631 and 1637, respectively. 

(News Source: The Star; Reuters)

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Market Mover
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