FKLI
FKLI Spot Month Futures - 8 Oct 2025
Wed, 08-Oct-2025 09:51 am
by Dealing Team • Apex Futures

FKLI
Pivot
1630
Resistance
1621 / 1625 / 1631 / 1636
Support
1616 / 1611 / 1606 / 1600
Possible Range
1615 to 1630
Strategy
Long positions may be opened above 1621 with targets at 1625/1631 and stop-loss at 1616
Short positions may be opened below 1621 with targets at 1616/1611 and stop-loss at 1626

FKLI Sep month dropped 2.5 points or 0.15% closed at 1630. The FBM KLCI fell as profit-taking continued following a retreat on Wall Street overnight as investors awaited more clues on rate cuts form Federal Reserve policymakers. 

The Dow Jones index dropped 91 points to close lower at 46602 on previous session. Major stock indexes fell on Tuesday, with the S&P 500 ending lower after recent record highs, and investors eyeing political upheaval in France, Japan and a U.S. government shutdown, while gold futures hit $4,000 an ounce for the first time.

The actively traded FKLI contract continue to move in downward bias, new resistance seen at 1,626–1,624 range, potential selling area. On the broader time frame, the index continues to reflect an overall upward bias. In the short term, we maintain our view that a technical correction remains in play, with the crucial support range identified at 1616–1614. Holding above this level could prompt a resumption of the uptrend, while a failure to hold may signal a potential shift toward a negative bias. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1616 and 1621, respectively. 

(News Source: The Star; Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.212894 4.246402
EUR 4.925348 4.934954
CNY 0.592662 0.593823
HKD 0.542079 0.546393
SGD 3.250847 3.276896