FKLI
FKLI Spot Month Futures - 4 Nov 2025
Tue, 04-Nov-2025 09:31 am
by Dealing Team • Apex Futures

FKLI
Pivot
1623
Resistance
1629 / 1634 / 1939 / 1643
Support
1623 / 1618 / 1613 / 1609
Possible Range
1618 to 1640
Strategy
Long positions may be opened above 1623 with targets at 1629/1634 and stop-loss at 1617
Short positions may be opened below 1623 with targets at 1618/1613 and stop-loss at 1629

FKLI Nov month was surged 19 points or 1.18 to closed at 1629.5. The FBM KLCI closed at its intraday high on Monday, supported by selective blue-chip buying in line with regional gains, while the broader market weakened on cautious sentiment.

The Dow Jones index dropped 226 points to close lower at 47336 on previous session. The S&P 500 and the Nasdaq closed higher on Monday, with artificial intelligence-related deals driving much of the gains even as the Federal Reserve's near-term monetary policy grew increasingly foggy due to scarcity of official U.S. economic data.

The actively traded FKLI contract continues to move within an upward channel on the daily chart, indicating that the long-term trend remains positive. However, on the hourly chart, the index has been trading within a sideways range since early October 2026, with new resistance seen at 1630–1628 and bottom remain spot at 1600–1605. A breakout in either direction could trigger the next major move. For now, the index is holding above the upper boundary of the sideways range, suggesting that buy on retracement remains the main strategy. The crucial support is spotted at the 1,618–1,630 range — holding above this level could sustain the buying momentum toward 1,628–1,630. A break above the top of the range may trigger further strong buying interest toward 1,634–1,636. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1623 and 1629, respectively. 

(News Source: The Star; Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.180625 4.213774
EUR 4.824538 4.829295
CNY 0.588551 0.589133
HKD 0.537960 0.541723
SGD 3.201822 3.227428