FKLI
FKLI Spot Month Futures - 16 Dec 2025
Tue, 16-Dec-2025 09:18 am
by Dealing Team • Apex Futures

FKLI
Pivot
1639
Resistance
1642 / 1646 / 1650 / 1654
Support
1637 / 1632 / 1626 / 1621
Possible Range
1620 to 1650
Strategy
Long positions may be opened above 1642 with targets at 1646/1650 and stop-loss at 1637
Short positions may be opened below 1642 with targets at 1637/1632 and stop-loss at 1647

FKLI Dec month dropped 5.5 points or 0.33% to close at 1639.5. Bursa Malaysia’s key index extended its uptrend on Monday, climbing to a 14-month high, surpassing the previous high recorded on Oct 22, 2024 at 1,642.54, supported by broad-based buying from local institutional investors.

The Dow Jones index dropped 41 points to close at 48458 on previous session. Wall Street closed lower on Monday as investors braced for a slew of economic data later this week while assessing reports on Federal Reserve candidates and commentary from policymakers for clues on the interest rate outlook.

The FKLI active contract closed with minimal changes in the previous session, with the daily chart indicating the index remains in a sideways consolidation pattern. The crucial resistance is identified at the top of the range at 1650 to 1655. A break above this level could indicate a potential for a stronger upside movement. On the lower time frame, the index appears to be entering a technical correction phase, with a crucial support spot in the 1634 to 1636 range. Holding this support could maintain a buying plan, while a failure to hold might lead to a further correction toward the 1626 to 1628 range. Immediate support and resistance levels are identified at 1637 and 1642, 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 3.910377 3.941921
EUR 4.603841 4.608755
CNY 0.570110 0.570719
HKD 0.500128 0.503660
SGD 3.077302 3.099068