FKLI
FKLI Spot Month Futures - 21 Oct 2025
Tue, 21-Oct-2025 10:10 am
by Dealing Team • Apex Futures

FKLI
Pivot
1607
Resistance
1618 / 1623 / 1628 / 1633
Support
1613 / 1607 / 1602 / 1597
Possible Range
1595 to 1625
Strategy
Long positions may be opened above 1618 with targets at 1623/1628 and stop-loss at 1613
Short positions may be opened below 1618 with targets at 1613/1607 and stop-loss at 1623

FKLI Oct month dropped 8.5 points or 0.53% closed at 1603.5. The FBM KLCI rebounded after the holiday weekend on the back of Wall Street's optimism over corporate earnings.

The Dow Jones index rose 515 points to close at 46706 on previous session. U.S. stocks jumped on Monday with finance and technology shares providing much of the upside muscle, as upbeat quarterly earnings results revived risk appetite and investors grew less fearful about regional bank credit quality.

The actively traded FKLI contract on the daily chart continues to move within an uptrend pattern, though current momentum shows a downside bias, suggesting the index is undergoing a technical correction. On the hourly chart, prices are facing resistance near the 1620–1618 range — a breakout above this level could drive the index higher. Otherwise, sentiment is expected to remain sideways to mildly bearish. Immediate support is seen at 1613–1612; a break below this range may lead to further weakness toward 1609–1607. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1613 and 1618, respectively. 

(News Source: The Star; Reuters)

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Market Mover
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