FKLI
FKLI Spot Month Futures - 4 Dec 2025
Thu, 04-Dec-2025 08:33 am
by Dealing Team • Apex Futures

FKLI
Pivot
1630
Resistance
1630 / 1634 / 1638 / 1642
Support
1625 / 1621 / 1617 / 1612
Possible Range
1620 to 1640
Strategy
Long positions may be opened above 1630 with targets at 1634/1638 and stop-loss at 1625
Short positions may be opened below 1630 with targets at 1625/1621 and stop-loss at 1635

FKLI Dec month dropped 2 points or 0.12% to close at 1629. Bursa Malaysia saw continued selling pressure on Wednesday, pushing the benchmark index lower, while the ringgit climbed to a 15-month high against the US dollar.

The Dow Jones index rose 408 points to close at 47882 on previous session. U.S. stocks advanced to close higher on Wednesday, as a flurry of economic data kept expectations elevated for an interest rate cut by the Federal Reserve next week, while a fall in Microsoft's shares curbed the advance.

The actively traded FKLI contract continued to close with little change. The broader trend remains within a sideways range, with the bottom at 1600–1605 and the top at 1645–1650. We maintain our view that the strong buying recorded on 1 December may continue to keep the index supported near the upper boundary. The immediate support at 1624–1627 serves as a potential buying zone. If this support fails to hold, the index may experience downside bias with limited losses, with the nearest support seen at the previous low around 1621.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 4.105718 4.139582
EUR 4.795482 4.806286
CNY 0.583656 0.584395
HKD 0.527377 0.531733
SGD 3.169746 3.195951