FKLI
FKLI Spot Month Futures - 7 Nov 2025
Fri, 07-Nov-2025 09:32 am
by Dealing Team • Apex Futures

FKLI
Pivot
1627
Resistance
1623 / 1627 / 1632 / 1636
Support
1618 / 1615 / 1610 / 1606
Possible Range
1605 to 1635
Strategy
Long positions may be opened above 1618 with targets at 1623/1627 and stop-loss at 1613
Short positions may be opened below 1618 with targets at 1615/1610 and stop-loss at 1623

FKLI Nov month rose 4 points or 0.25 to closed at 1626.5. Bursa Malaysia continued to see selling pressure as the profit-taking on Wall Street came underway on fears equity valuations are overstretched.

The Dow Jones index dropped 398 points to close at 46912 on previous sessionU.S. stocks closed in negative territory on Thursday, with a resumption of Tuesday's tech selloff as investors contended with mounting economic uncertainty and stretched valuations. All three major U.S. equity indexes lost ground as risk appetite was dampened by worries over inflated stock prices, particularly from artificial intelligence-related momentum shares.

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 remain seen at 1626–1628 and bottom remain spot at 1600–1605. A breakout in either direction could trigger the next major move. For the short term, holding above the 1,618–1,616 range could maintain a buying bias. However, failure to hold this support zone may lead the index to further downside movement toward the 1,610 level. In 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
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.166777 4.199913
EUR 4.811011 4.820428
CNY 0.586842 0.587429
HKD 0.535790 0.540066
SGD 3.190939 3.216443