FKLI
FKLI Spot Month Futures - 19 Nov 2025
Wed, 19-Nov-2025 09:13 am
by Dealing Team • Apex Futures

FKLI
Pivot
1619
Resistance
1617 / 1622 / 1627 / 1632
Support
1612 / 1608 / 1603 / 1599
Possible Range
1615 to 1635
Strategy
Long positions may be opened above 1617 with targets at 1622/1627 and stop-loss at 1612
Short positions may be opened below 1617 with targets at 1612/1608 and stop-loss at 1622

FKLI Nov month was dropped 6 points or 0.37% to close at 1616. More than 900 decliners dragged Bursa Malaysia lower on Tuesday, mirroring broad weakness across Asian markets.

The Dow Jones index dropped 498 points to close at 46091 on previous session. U.S. markets dropped for a fourth straight session, as both highflying tech stocks such as Nvidia and old-economy companies like Home Depot came under pressure. Lofty valuations and a pile-up of debt to build data centers have led some investors to question the price of AI-linked stocks.

The actively traded FKLI contract continued to trade in negative territory in the previous session. The price is currently hovering above the uptrend line support at the 1611–1612 range, which serves as the crucial zone to determine whether the uptrend can hold or if further selling may emerge. A break below this range may pull the index toward 1608, or even lower to 1602. If the price holds above this area, there may be a buying opportunity, although the upside remains limited, with potential resistance around 1617. Immediate support and resistance levels are identified at 1612 and 1617, respectively. Beware of any potential sentiment changes.

(News Source: The Star, Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.146720 4.179672
EUR 4.822170 4.827051
CNY 0.584978 0.585561
HKD 0.532842 0.536581
SGD 3.184457 3.206868