FKLI
FKLI Spot Month Futures - 22 Oct 2025
Wed, 22-Oct-2025 09:42 am
by Dealing Team • Apex Futures

FKLI
Pivot
1620
Resistance
1623 / 1628 / 1633 / 1639
Support
1618 / 1613 / 1606 / 1600
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 1613/1606 and stop-loss at 1623

FKLI Oct month rose 19.5 points or 1.22% closed at 1623. The FBM KLCI rose on Tuesday after the long weekend, supported by renewed buying interest in blue-chip counters and upbeat regional market sentiment.

The Dow Jones index rose 218 points to close at 46924 on previous session. U.S. stocks closed mixed with the Dow out front on Tuesday, as a string of solid earnings lured investors to industrials and capital goods. The S&P 500 was essentially unchanged at the closing bell, while weakness in growth and microchip stocks pulled the tech-laden Nasdaq to a nominally lower close.

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, we remain to see the 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 1618 and 1623, respectively. 

(News Source: The Star; Reuters)

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Market Mover
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