FKLI
FKLI Spot Month Futures - 17 Dec 2025
Wed, 17-Dec-2025 09:39 am
by Dealing Team • Apex Futures

FKLI
Pivot
1642
Resistance
1647 / 1653 / 1658 / 1663
Support
1642 / 1638 / 1632 / 1626
Possible Range
1630 to 1660
Strategy
Long positions may be opened above 1647 with targets at 1653/1658 and stop-loss at 1642
Short positions may be opened below 1647 with targets at 1642/1638 and stop-loss at 1652

FKLI Dec month rose 4.5 points or 0.27% to close at 1644. The FBM KLCI was slightly lower as trading commenced on Monday, with investors taking a breather after closing out the previous week with two strong sessions of gains.

The Dow Jones index dropped 302 points to close at 48114 on previous session. - The Nasdaq recovered on Tuesday to close higher while the S&P 500 and the Dow closed lower, impacted by declines in healthcare and energy stocks. Investors evaluated delayed economic data to gauge the Federal Reserve's monetary policy outlook for next year.

The FKLI active contract gained ground in the previous session, but its daily chart continues to signal a sideways consolidation pattern. Key resistance remains at 1650–1655; a breakout above this zone would signal stronger upside potential. In the near term, the index is in technical correction mode. We expect immediate support at 1642–1643. Holding above this level could reignite buying momentum, while a failure to do so may lead to further declines toward the 1636–1638 range Immediate support and resistance levels are identified at 1642 and 1647, respectively. Beware of any potential sentiment changes.

(News Source: The Star; Reuters)

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Market Mover
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