FKLI
FKLI Spot Month Futures - 28 May 2026
Thu, 28-May-2026 09:55 am
by Dealing Team • Apex Futures

FKLI
Pivot
1711
Resistance
1710 / 1714 / 1720 / 1725
Support
1703 / 1700 / 1695 / 1690
Possible Range
1690 to 1710
Strategy
Long positions may be opened above 1710 with targets at 1715/1720 and stop-loss at 1704
Short positions may be opened below 1704 with targets at 1695/1690 and stop-loss at 1711

FKLI May month down 9.5 points or 0.55% to closed at 1716.5 in previous
session. The index was weak as the MSCI removing 6 stocks by 29th May has
persisted selling pressure for 2 weeks amid strong regional market
sentiment.

The Dow Jones index futures up 34 points to close at 50792 on current
session. S&P 500 futures are little changed as Wall Street awaits key April
inflation reading.

The active FKLI contract continues weaken for consecutive days. In daily
chart, bearish candle still persists and have not shown any reversal sign
around support level. The immediate resistant level has been shifting lower
day by day, currently resisted at 1705. On current session, 1700 crucial
support has broken, in which selling momentum should continue targeting
1690 – 1685 in near term. Immediate support and resistance levels are
identified at 1690 and 1700, respectively.
 

(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 3.955678 3.983535
EUR 4.617050 4.621850
CNY 0.585177 0.585795
HKD 0.504786 0.508370
SGD 3.095618 3.117454