FKLI
FKLI Spot Month Futures - 8 May 2026
Fri, 08-May-2026 10:12 am
by Dealing Team • Apex Futures

FKLI
Pivot
1769
Resistance
1768 / 1772 / 1778 / 1780
Support
1747 / 1736 / 1729 / 1723
Possible Range
1755 to 1775
Strategy
Long positions may be opened above 1764 with targets at 1768/1778 and stop-loss at 1754
Short positions may be opened below 1759 with targets at 1747/1736 and stop-loss at 1769

FKLI April month rose 6.5 points or 0.37% to closed at 1770 on previous
session. The FBMKLCI rose 0.11% to 1758.85 on last Thursday. Asia-Pacific
markets open lower on fresh Iran-U.S. tensions following clashes.

The Dow Jones index rose 612.34 points to close at 49910.59 on previous
session. Stock futures are flat as traders monitor U.S.-Iran developments;
April jobs report looms.

The active FKLI contract is now at 1760, breaking the previous resistance
level and currently at the support area. Heading to a new support that has
been mentioned. Selling pressure since last trading session with strong
bullish candle giving us opportunity to short. The higher price already being
rejected yesterday at 1775.

Intraday resistance is seen around 1768-1780 area, while support has been
identified in the 1747-1723 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 1745 and1765,
respectively.

(News Source: CNBC)

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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