FKLI
FKLI Spot Month Futures - 5 Jan 2026
Mon, 05-Jan-2026 08:43 am
by Dealing Team • Apex Futures

FKLI
Pivot
1675
Resistance
1675 / 1677 / 1681 / 1684
Support
1668 / 1662 / 1660 / 1655
Possible Range
1660 to 1680
Strategy
Long positions may be opened above 1670 with targets at 1677/1684 and stop-loss at 1665
Short positions may be opened below 1668 with targets at 1660/1655 and stop-loss at 1674

FKLI Sep month was down 10 points or 0.59% to closed at 1672.5. The FBM KLCI retraced slightly after Dec window dressing month has ended.

The Dow Jones index rose 319 points to close higher at 48382 on previous session. The S&P 500 closed slightly higher on Friday, the first trading day of 2026, as gains in semiconductor names kept the index afloat.

The actively traded FKLI contract corrected from the high as market has digested its bullish factor from Dec window dressing.  On the daily chart, a significant selling candle is shown, indicating temporary toppish and may continue to correct further to 1660-1655 level. Nevertheless, the previous 1668 level still supported well, creating a tail at the bottom of the candle towards the closing. Following this action, the index may move into a consolidation phase, where we may see profit taking (selling) and potential new buyers trading in the market simultaneously. Immediate support and resistance levels are identified at 1668 and 1677, respectively. 

(News Source: The Star; Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.056919 4.089362
EUR 4.753310 4.762971
CNY 0.582837 0.584014
HKD 0.520918 0.525109
SGD 3.150137 3.175775