FKLI
FKLI Spot Month Futures - 2 Jan 2026
Fri, 02-Jan-2026 10:15 am
by Dealing Team • Apex Futures

FKLI
Pivot
1681
Resistance
1681 / 1686 / 1690 / 1695
Support
1677 / 1673 / 1667 / 1661
Possible Range
1660 to 1690
Strategy
Long positions may be opened above 1677 with targets at 1681/1686 and stop-loss at 1672
Short positions may be opened below 1677 with targets at 1673/1667 and stop-loss at 1682

FKLI Jan month rose 3.5 points or 0.21% to close at 1682.5. Bursa Malaysia’s barometer index ended firmer Wednesday, reversing losses earlier in the day to close 0.21% higher – a new high this year – driven by late buying activity amid signs of year-end window dressing.

The Dow Jones index dropped 303 points to close at 48063 on previous session. Wall Street's major indexes ended lower in the final trading session of 2025, but notched big annual gains after a roller-coaster year dominated by President Donald Trump's tariff uncertainties and a euphoria around AI-focused stocks.

The active FKLI index continues to hold within an upward trend, with a key resistance zone at 1,686–1,688, where the index is currently trading below the resisting range, while the bottom part crucial support spot at 1668-1666. On the smaller time frame, the index is moving within a sideways consolidation. Immediate support remains seen at the 1,676–1,678 range. A failure to hold this support may see the index decline toward the lower boundary of the range at 1,668–1,666. Conversely, if the index holds above the 1,676–1,678 support, trading is likely to remain above this level but capped below the 1,686–1,688 resistance zone.  Immediate support and resistance levels are identified at 1677 and 1681, respectively. Beware of any potential sentiment changes.

(News Source: The Star; Reuters)

Read more details in:

Disclaimer

The report is for internal and private circulation only and shall not be reproduced either in part or otherwise without the prior written consent of Apex Securities Berhad. The opinions and information contained herein are based on available data believed to be reliable. It is not to be construed as an offer, invitation or solicitation to buy or sell the securities covered by this report.

Opinions, estimates and projections in this report constitute the current judgment of the author. They do not necessarily reflect the opinion of Apex Securities Berhad and are subject to change without notice. Apex Securities Berhad has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Apex Securities Berhad does not warrant the accuracy of anything stated herein in any manner whatsoever and no reliance upon such statement by anyone shall give rise to any claim whatsoever against Apex Securities Berhad. Apex Securities Berhad may from time to time have an interest in the company mentioned by this report. This report may not be reproduced, copied or circulated without the prior written approval of Apex Securities Berhad.

Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.031991 4.063294
EUR 4.738963 4.742774
CNY 0.579636 0.580093
HKD 0.518008 0.521527
SGD 3.152129 3.173788