FKLI
FKLI Spot Month Futures - 5 June 2026
Fri, 05-Jun-2026 10:27 am
by Dealing Team • Apex Futures

FKLI
Pivot
1674
Resistance
1695 / 1700 / 1705 / 1712
Support
1660 / 1664 / 1668 / 1672
Possible Range
1670 to 1695
Strategy
Long positions may be opened above 1694 with targets at 1700/1705 and stop-loss at 1689
Short positions may be opened below 1674 with targets at 1664/1668 and stop-loss at 1678

FKLI May month up 20.5 points or 1.23% to closed at 1683 in previous session. The FBM KLCI traded higher in early Friday trade, following overnight gains on Wall Street, where the Dow Jones Industrial Average surged to a record high amid optimism over the US economic outlook.

The Dow Jones index futures up 875 points to close at 51567 on current session. Overnight, the Dow rose to 1.73%, the S&P 500 gained 0.41% to 7,584.31, while the Nasdaq Composite slipped 0.09% to 26,830.96.

The active FKLI contract continued to face selling pressure and extended its decline for another session. On the daily chart, the market remained weak as sellers continued to dominate trading activity. Despite the pullback, FKLI is still trading above the 200-day SMA, indicating that the longer-term uptrend remains intact. Market sentiment stayed cautious as investors monitored key support levels for further direction.

The immediate resistance level is seen around 1,700–1,705, while support is located near the 200-day SMA at 1,662. As the contract remains below the 50-day SMA, selling pressure may persist and could drag prices towards the 1,662–1,655 support zone in the near term. The nearest support and resistance levels are currently identified at 1660 and 1698, respectively.

(News Source: The Star)

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Market Mover
Settlement Rates
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EUR 4.657937 4.667456
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