FKLI
FKLI Spot Month Futures - 16 Jan 2026
Fri, 16-Jan-2026 09:01 am
by Dealing Team • Apex Futures

FKLI
Pivot
1712
Resistance
1718 / 1724 / 1730 / 1736
Support
1712 / 1708 / 1702 / 1698
Possible Range
1700 to 1730
Strategy
Long positions may be opened above 1718 with targets at 1724/1730 and stop-loss at 1713
Short positions may be opened below 1718 with targets at 1712/1708 and stop-loss at 1723

FKLI Jan month rose 0.5 points or 0.03% to close at 1711.5. Bursa Malaysia extended its rally for a fifth straight session to end at an intraday high, with technology and semiconductor counters leading gains.

The Dow Jones index rose 292 points to close at 49442 on previous session. U.S. stocks rose on Thursday after two days ​of declines as Morgan Stanley and Goldman Sachs shares shot up following upbeat quarterly results, while Taiwan-based chipmaker ‌TSMC's blockbuster results boosted shares of U.S. chipmakers.

The active FKLI contract continues to close on a positive note, with the index likely to extend its upside movement toward the 1,728–1,730 resistance range, which marks the upper boundary of the broader uptrend, provided it can hold above the 1,716–1,718 range. On the downside, immediate support is seen at 1,712–1,711 to maintain the upward bias. A failure to hold this support could trigger selling pressure toward the 1,708–1,706 range. Immediate support and resistance levels are identified at 1712 and 1718, 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 4.042271 4.070676
EUR 4.714323 4.723988
CNY 0.581824 0.583002
HKD 0.517949 0.522124
SGD 3.137813 3.163354