FKLI
FKLI Spot Month Futures - 20 Nov 2025
Thu, 20-Nov-2025 08:35 am
by Dealing Team • Apex Futures

FKLI
Pivot
1621
Resistance
1631 / 1636 / 1641 / 1646
Support
1626 / 1621 / 1616 / 1611
Possible Range
1620 to 1640
Strategy
Long positions may be opened above 1631 with targets at 1636/1641 and stop-loss at 1626
Short positions may be opened below 1631 with targets at 1621/1616 and stop-loss at 1636

FKLI Nov month rose 9.5 points or 0.59% to close at 1625.5. Bargain-hunting interest pushed the FBM KLCI to an intraday high, bucking the weaker trend seen across regional markets.

The Dow Jones index up 47 points to close at 46138 on previous session. Stocks closed mostly higher on Wednesday as Wall Street recovered some ground from tech-led sell-off, as investors awaited earnings from Nvidia (NVDA) to set the tone for the next leg of the AI trade.

The actively traded FKLI contract turned positive in the previous session. On the daily chart, the index continues to hold above the uptrend support at the 1611–1612 range, leading to renewed buying interest. On the shorter time frame, new support is seen at 1626–1627 to sustain the upward movement. We may see further buying as long as this level holds. Immediate resistance is located at 1631–1633; a breakout above this zone could lift the index toward 1636–1637. If the price fails to break this resistance, the index may move sideways with limited downside.  Immediate support and resistance levels are identified at 1626 and 1631, respectively. Beware of any potential sentiment changes.

(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 4.095157 4.126734
EUR 4.808018 4.811741
CNY 0.582345 0.582796
HKD 0.526309 0.529879
SGD 3.164796 3.186440