FKLI
FKLI Spot Month Futures - 17 Nov 2025
Mon, 17-Nov-2025 08:11 am
by Dealing Team • Apex Futures

FKLI
Pivot
1627
Resistance
1627 / 1630 / 1635 / 1639
Support
1622 / 1617 / 1613 / 1609
Possible Range
1615 to 1635
Strategy
Long positions may be opened above 1627 with targets at 1630/1635 and stop-loss at 1622
Short positions may be opened below 1627 with targets at 1622/1617 and stop-loss at 1632

FKLI Nov month was dropped 14 points or 0.89% to close at 1623.5. The FBM KLCI remains close in negative on Friday dragged down by profit-taking in heavyweight counters amid cautious sentiment across regional market.

The Dow Jones index dropped 309 points to close at 47147 on previous session. Wall Street ended sharply lower on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations of interest rate cuts due to inflation worries and divisions among central bankers about the U.S. economy's health. All three major U.S. stock indexes posted their steepest daily percentage declines in over a month.

The actively traded FKLI on the daily chart continues to hover along an uptrend line, while the shorter time frame is currently showing a downward bias. For the short term, the main strategy remains sell-on-rebound. The index recently faced resistance near the 1627–1628 range, marking a potential selling area, with the next downside target around 1622 or, at the lowest, 1617–1615. If the price holds above the resistance line, mild buying could emerge, with the highest point expected near the 1630 range. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1615 and 1635, respectively. 

(News Source: The Star, Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.095157 4.126734
EUR 4.808018 4.811741
CNY 0.582345 0.582796
HKD 0.526309 0.529879
SGD 3.164796 3.186440