FKLI
FKLI Spot Month Futures - 22 Dec 2025
Mon, 22-Dec-2025 09:50 am
by Dealing Team • Apex Futures

FKLI
Pivot
1663
Resistance
1672 / 1678 / 1683 / 1688
Support
1666 / 1661 / 1656 / 1650
Possible Range
1660 to 1680
Strategy
Long positions may be opened above 1672 with targets at 1678/1683 and stop-loss at 1666
Short positions may be opened below 1672 with targets at 1666/1661 and stop-loss at 1678

FKLI Dec month rose 22 points or 1.34% to close at 1668.5. Bursa Malaysia’s key index, the FBM KLCI, closed 1.15 per cent higher at 1,665.90 on Friday, climbing to an almost 15-month high and surpassing the 1,660.09 points recorded on Sept 27, 2024, supported by firmer regional markets amid the Bank of Japan’s (BOJ) interest rate hike.

The Dow Jones index rose 183 points to close at 48134 on previous session. U.S. stocks closed higher on Friday after a rocky start to the week, as a rebound in technology shares offset tumbling consumer stocks such as Nike.

The actively traded FKLI contract continues to hold its upward trend. On the daily chart, the index has broken above and is now holding above the top of the previous sideways range at 1,650–1,655, which currently serves as a key support zone. On the shorter time frame, immediate support is seen at the 1,666–1,668 range. Holding above this level keeps the buying bias intact. Immediate resistance is located at the 1,672–1,675 range, which marks today’s intraday high. A failure to hold the immediate support could lead to a technical correction toward the 1,663–1,665 range. We expect the index to trade in sideways consolidation for today’s session unless the 1,672–1,675 resistance is decisively broken, which could extend the upside toward the 1,680–1,683 range.  Immediate support and resistance levels are identified at 1666 and 1672, 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