FKLI
FKLI Spot Month Futures - 29 May 2026
Fri, 29-May-2026 10:12 am
by Dealing Team • Apex Futures

FKLI
Pivot
1697
Resistance
1705 / 1709 / 1715 / 1720
Support
1672 / 1676 / 1680 / 1685
Possible Range
1689 to 1700
Strategy
Long positions may be opened above 1705 with targets at 1709/1715 and stop-loss at 1700
Short positions may be opened below 1686 with targets at 1675/1680 and stop-loss at 1692

FKLI May month down 16 points or 0.94% to closed at 1691 in previous 
session. The FBM KLCI opened slightly higher on Friday, with investors 
hoping to arrest the index's decline ahead of the holiday weekend. The FBM 
KLCI remained under pressure and has slipped back into its consolidation 
pattern after failing to sustain above the earlier breakout level, suggesting 
near-term momentum has weakened.

The Dow Jones index futures down 143 points to close at 50649 on current 
session. S&P 500 futures and Nasdaq 100 futures were trading around the 
flatline. Futures tied to the Dow Jones Industrial Average fell 10 points, or 
less than 0.1%. Yesterday, Iran’s armed forces reportedly launched 
missiles while President Donald Trump mulled over a potential ceasefire 
extension.

The active FKLI contract remained under pressure and extended its decline 
for another consecutive session. On the daily chart, bearish candlestick 
formation continues to dominate with no clear reversal signal observed near 
the support zone. The immediate resistance level has gradually shifted lower 
and is currently seen at 1700. During the current session, the key support 
level at 1695 was breached, indicating that selling momentum may persist 
towards the 1685 – 1680 range in the near term. Immediate support and 
resistance are identified at 1675 and 1685, respectively.

(News Source: CNBC, The Star)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 3.966740 3.992643
EUR 4.617355 4.624496
CNY 0.586605 0.586924
HKD 0.506140 0.509973
SGD 3.097878 3.121465