FKLI
FKLI Spot Month Futures - 21 Nov 2025
Fri, 21-Nov-2025 08:30 am
by Dealing Team • Apex Futures

FKLI
Pivot
1627
Resistance
1632 / 1637 / 1642 / 1646
Support
1627 / 1622 / 1617 / 1612
Possible Range
1620 to 1640
Strategy
Long positions may be opened above 1632 with targets at 1637/1642 and stop-loss at 1627
Short positions may be opened below 1632 with targets at 1627/1622 and stop-loss at 1637

FKLI Nov month dropped 2 points or 0.12% to close at 1623.5. Bursa Malaysia closed lower on Thursday, with the benchmark index pulling back after an early advance.

The Dow Jones index dropped 386 points to close at 45752 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 contract closed with minimal change. On the daily chart, the index continues to hold within the uptrend channel, with new support seen at the 1625–1627 range. Holding above this level keeps the long bias intact. On the shorter time frame, after reaching a high of 1636.5 and a low of 1621.5, the price has formed a minor upward channel pattern. The index is currently moving higher, likely toward the resistance zone at 1630–1632. A breakout above this area may trigger further buying toward the 1637 level again. If the index fails to break the 1630–1632 resistance, it may continue trading below this zone, with narrow support still seen at 1625–1627. Immediate support and resistance levels are identified at 1627 and 1632, 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 4.144070 4.176994
EUR 4.790696 4.800157
CNY 0.584163 0.584752
HKD 0.532153 0.536404
SGD 3.170633 3.196101