FKLI
FKLI Spot Month Futures - 24 Oct 2025
Fri, 24-Oct-2025 09:53 am
by Dealing Team • Apex Futures

FKLI
Pivot
1607
Resistance
1612 / 1616 / 1621 / 1625
Support
1607 / 1602 / 1597 / 1592
Possible Range
1600 to 1625
Strategy
Long positions may be opened above 1607 with targets at 1612/1616 stop-loss at 1602
Short positions may be opened below 1607 with targets at 1602/1597 and stop-loss at 1612

FKLI Oct month rose 5 points or 0.31% closed at 1613. Bursa Malaysia’s benchmark index reversed earlier losses to end at an intraday high on previous session, supported by mild bargain hunting in several key index heavyweights.

The Dow Jones index rose 144 points to close at 46734 on previous session. Wall Street advanced on Thursday as investors mulled a mixed batch of corporate earnings and shifting geopolitical concerns. All three major U.S. stock indexes closed higher, with tech strength nudging the Nasdaq into the lead. But the small-cap Russell 2000, opens new tab was the clear outperformer.

The actively traded FKLI contract on the daily chart continues to move within an uptrend pattern, although recent price action shows a sideways range, with crucial support spotted at 1600–1595 and resistance near 1620–1625. On the smaller time frame, buying momentum appears to remain intact, and a retracement toward 1607–1606 could present buying opportunities. However, the upside may be limited, with the initial target at 1615–1616. A break above this level could see the index extend higher toward 1621–1622.Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1607 and 1612, respectively. 

(News Source: The Star; Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.073855 4.107406
EUR 4.789363 4.795370
CNY 0.580525 0.581256
HKD 0.523855 0.527658
SGD 3.153953 3.176981