FKLI
FKLI Spot Month Futures - 22 Apr 2026
Wed, 22-Apr-2026 09:05 am
by Dealing Team • Apex Futures

FKLI
Pivot
1706
Resistance
1716 / 1724 / 1738 / 1745
Support
1709 / 1700 / 1695 / 1688
Possible Range
1695 to 1738
Strategy
Long positions may be opened above 1716 with targets at 1724/1738 and stop-loss at 1706
Short positions may be opened below 1709 with targets at 1700/1695 and stop-loss at 1696

FKLI April month gains 13.5 points or +0.80% to closed at 1711.5 on previous session. The FBMKLCI rose 0.77% on Tuesday, extending its performance for the second consecutive day amid improving investor sentiment.

 

The Dow Jones index decrease 293 points to close at 49149 on previous session. U.S. stock futures rose on Tuesday night after President Donald Trump extended the U.S. ceasefire in Iran.

 

The active FKLI contract continue the upward momentum following by the second bullish bar and break above SMA-50, targeting 1731-1735 level. However, need to be cautious price might retrace back 1699-1711 area as fair value gap forming. On the 30-minute chart, price break above 1616-1617 resistance, next target might locate at 1730-1735 level, price need to hold above 1716-1717 to maintain it bullish momentum.

 

Intraday resistance is seen around 1716-1724 area, while support has been identified in the 1709-1700 area. Overall, traders are advised to remain cautious and wait for a clear direction before entering new positions. The immediate key support and resistance levels are identified at 1709 and 1716, respectively. 
 

(News Source: Apex Securities Research, CNBC)

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 3.950192 3.981038
EUR 4.614086 4.622429
CNY 0.585467 0.586538
HKD 0.504022 0.507964
SGD 3.092670 3.114543