FKLI
FKLI Spot Month Futures - 16 June 2026
Tue, 16-Jun-2026 10:35 am
by Dealing Team • Apex Futures

FKLI
Pivot
1697
Resistance
1703 / 1710 / 1715 / 1720
Support
1672 / 1677 / 1684 / 1692
Possible Range
1680 to 1715
Strategy
Long positions may be opened above 1704 with targets at 1710/1715 and stop-loss at 1699
Short positions may be opened below 1689 with targets at 1684/1677 and stop-loss at 1694

FKLI May month up 10 points or 0.59% to closed at 1699.5 in previous session. Stock futures were little changed on Monday night after the Dow Jones Industrial Average climbed to a fresh record during the regular session thanks to a potential deal between the U.S. and Iran.

The Dow Jones index futures up 875 points to close at 51697 on current session. S&P 500 futures slipped 0.1%, and Nasdaq 100 futures traded nearly 0.2% lower. Futures tied to the Dow were down 30 points, or less than 0.1%.

The active FKLI contract remained under pressure and recorded another day of losses. Based on the daily chart, the market continued to show mild bullish momentum as buying interest gradually increased. Although prices experienced a pullback, the contract is still trading above the 200-day SMA, suggesting that the broader upward trend remains intact. Overall market sentiment remained cautious as traders closely watched key support levels for signs of the next market direction.

The immediate resistance zone is located between 1,703 and 1,710, while initial support is found near the 50-day SMA at 1,692. Following yesterday’s strong bearish candlestick, selling momentum may continue and potentially push prices towards the 1,677–1,684 support area in the short term. The nearest support and resistance levels are currently estimated at 1,690 and 1,705, respectively.
 

(News Source: The Star)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.053753 4.086142
EUR 4.719133 4.723938
CNY 0.602022 0.602633
HKD 0.517764 0.521398
SGD 3.163852 3.186147