FKLI
FKLI Spot Month Futures - 19 Dec 2025
Fri, 19-Dec-2025 09:54 am
by Dealing Team • Apex Futures

FKLI
Pivot
1653
Resistance
1659 / 1665 / 1669 / 1675
Support
1653 / 1649 / 1643 / 1638
Possible Range
1640 to 1670
Strategy
Long positions may be opened above 1653 with targets at 1659/1665 and stop-loss at 1647
Short positions may be opened below 1653 with targets at 1649/1643 and stop-loss at 1659

FKLI Dec month rose 5.5 points or 0.34% to close at 1646.5. Bursa Malaysia ended today’s trading session on a firmer note, reversing earlier losses as gains in the benchmark index were driven by industrial and consumer stocks.

The Dow Jones index rose 65 points to close at 47951 on previous session. Wall Street's main indexes closed higher on Thursday as a soft inflation report fed expectations for interest rate cuts by the Federal Reserve, while chipmaker Micron's blowout forecast signaled strong AI demand.

The active traded FKLI contract closed higher in the previous session, successfully consolidating within the upper range of its recent sideways channel. This upward movement was notably supported above a new base established in the 1,646 to 1,648 range. The most recent price action witnessed a decisive breach above the crucial overhead resistance zone of 1,650 to 1,655. This breakout is a strong technical signal, indicating the potential for a continued upward trajectory. The new support floor is established at the 1,650 to 1,655 range. A sustained hold above this support level validates the positive momentum, targeting the next resistance objectives at 1,659 and subsequently 1,665. Immediate support and resistance levels are identified at 1653 and 1659, 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 4.071594 4.103148
EUR 4.788661 4.792351
CNY 0.580700 0.581157
HKD 0.523467 0.527018
SGD 3.153405 3.174965