FKLI
FKLI Spot Month Futures - 6 July 2026
Mon, 06-Jul-2026 10:23 am
by Dealing Team • Apex Futures

FKLI
Pivot
1687
Resistance
1690 / 1685 / 1700 / 1705
Support
1665 / 1670 / 1675 / 1680
Possible Range
1670 to 1700
Strategy
Long positions may be opened above 1710 with targets at 1695/1700 and stop-loss at 1680
Short positions may be opened below 1682 with targets at 1670/1675 and stop-loss at 1695

FKLI July month up 2.5 points or 0.15% to closed at 1686.5 in previous session. Asia-Pacific markets were set to trade mixed Monday as investors rethink artificial intelligence-driven plays, with focus also on the minutes from the Federal Reserve’s June meeting, set to be released later this week.

The Dow climbed nearly 2% last week, putting it within striking distance of 53,000, a level it has never reached. The S&P 500 and Nasdaq Composite also posted sharp gains last week, advancing 1.8% and 2.1%, respectively.

Based on the daily chart, the contract remained below the 200-day SMA, indicating that the broader market continued to trade within a sideways trend. At the start of the week, the FBM KLCI opened higher compared to last Friday's close, but intraday trading remained consolidate. Market sentiment stayed cautious as buying and selling pressure remained mixed from the previous session. A sustained move above the 1,700 level may strengthen market sentiment and signal the return of bullish momentum.

The immediate resistance zone is located between 1,695 and 1,700, while initial support is found above on the 200-day SMA line at 1,670. A potential consolidation around 1680 -1700 could be expected in near term before a new direction forms.  The nearest support and resistance levels are currently estimated at 1,680 and 1,690, respectively.

(News Source: The Star)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.055849 4.088329
EUR 4.656215 4.661037
CNY 0.599726 0.600351
HKD 0.517395 0.521043
SGD 3.143106 3.165416