FKLI
FKLI Spot Month Futures - 5 Nov 2025
Wed, 05-Nov-2025 09:38 am
by Dealing Team • Apex Futures

FKLI
Pivot
1624
Resistance
1624 / 1628 / 1633 / 1637
Support
1618 / 1613 / 1609 / 1604
Possible Range
1615 to 1635
Strategy
Long positions may be opened above 1618 with targets at 1624/1628 and stop-loss at 1613
Short positions may be opened below 1618 with targets at 1613/1609 and stop-loss at 1623

FKLI Nov month was dropped 9 points or 0.55 to closed at 1620.5. The FBM KLCI managed to eke out modest gains on Tuesday even as overall market sentiment stayed cautious, with more than 900 stocks ending lower.

The Dow Jones index dropped 251 points to close lower at 47085 on previous session. U.S. stocks closed sharply lower on Tuesday as big banks warned that equity markets could be headed for a drawdown, reflecting mounting concerns over stretched valuations.

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 crucial resistance seen at 1626–1628 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 its sideways range, with crucial support identified at 1,615–1,618. Staying above this level could sustain the current buying momentum, paving the way for an upward move toward 1,624 or even 1,628. However, if the support fails to hold, selling pressure may emerge, potentially pushing prices lower toward the 1,609 range. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1618 and 1624, respectively. 

(News Source: The Star; Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.077849 4.109407
EUR 4.802781 4.811175
CNY 0.580550 0.581565
HKD 0.523962 0.528035
SGD 3.162627 3.187313