FKLI
FKLI Spot Month Futures - 4 June 2026
Thu, 04-Jun-2026 10:29 am
by Dealing Team • Apex Futures

FKLI
Pivot
1677
Resistance
1695 / 1700 / 1705 / 1712
Support
1650 / 1654 / 1658 / 1662
Possible Range
1660 to 1688
Strategy
Long positions may be opened above 1693 with targets at 1700/1705 and stop-loss at 1688
Short positions may be opened below 1668 with targets at 1658/1654 and stop-loss at 1664

FKLI May month down 17.5 points or 1.04% to closed at 1662.5 in previous session. Asia-Pacific markets opened lower Thursday, tracking Wall Street losses, as tensions between Iran and the U.S. keep oil prices elevated, stoking energy and inflation worries.

The Dow Jones index futures down 621 points to close at 50692 on current session. The Kuwait International Airport was struck by Iran early Wednesday, just a day after the U.S. Central Command said it had defeated multiple Iranian ballistic missiles and drones. Futures tied to the S&P 500 futures fell by 0.5%, while Nasdaq 100 futures shed 0.6%. Dow Jones Industrial Average futures were trading marginally higher.

The active FKLI contract remained under pressure and extended its decline for another consecutive session. On the daily chart, the bearish candlestick pattern continues to dominate, reflecting persistent downside momentum. The immediate resistance level has shifted lower and is currently seen around 1698. In the latest trading session, the contract breached the key support level at 1665, indicating that selling pressure may continue and potentially drive prices towards the 1655–1663 range. The nearest support and resistance levels are currently identified at 1654 and 1702, respectively.

(News Source: CNBC, The Star)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.072797 4.105430
EUR 4.668191 4.673021
CNY 0.603925 0.604543
HKD 0.519593 0.523248
SGD 3.158830 3.181112