FKLI
FKLI Spot Month Futures - 18 Nov 2025
Tue, 18-Nov-2025 08:28 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 1.5 points or 0.09% to close at 1622. Cautious sentiment lingered on Bursa Malaysia as softer regional markets kept investors on edge, with buying interest held back as investors refrained from taking larger positions.

The Dow Jones index dropped 557 points to close at 46590 on previous session. Wall Street kicked off the week on a sour note, with stocks and bitcoin tumbling as a risk-off attitude spread through markets. Stocks fell on Monday as investors’ nerves intensified ahead of two key events this week: Nvidia (NVDA), the star of the artificial intelligence boom, is set to report earnings on Wednesday. And on Thursday, the September jobs report — long delayed because of the government shutdown — is set to be released

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, we remain our call to 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 1622 and 1627, respectively. 

(News Source: The Star, Reuters)

Read more details in:

Disclaimer

The report is for internal and private circulation only and shall not be reproduced either in part or otherwise without the prior written consent of Apex Securities Berhad. The opinions and information contained herein are based on available data believed to be reliable. It is not to be construed as an offer, invitation or solicitation to buy or sell the securities covered by this report.

Opinions, estimates and projections in this report constitute the current judgment of the author. They do not necessarily reflect the opinion of Apex Securities Berhad and are subject to change without notice. Apex Securities Berhad has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Apex Securities Berhad does not warrant the accuracy of anything stated herein in any manner whatsoever and no reliance upon such statement by anyone shall give rise to any claim whatsoever against Apex Securities Berhad. Apex Securities Berhad may from time to time have an interest in the company mentioned by this report. This report may not be reproduced, copied or circulated without the prior written approval of Apex Securities Berhad.

Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.133826 4.166633
EUR 4.811981 4.816870
CNY 0.583469 0.584053
HKD 0.531997 0.535726
SGD 3.176644 3.198993