FKLI
FKLI Spot Month Futures - 20 July 2026
Mon, 20-Jul-2026 10:36 am
by Dealing Team • Apex Futures

FKLI
Pivot
1730
Resistance
1750 / 1755 / 1760 / 1765
Support
1715 / 1720 / 1725 / 1730
Possible Range
1700 to 1750
Strategy
Long positions may be opened above 1740 with targets at 1755/1760 and stop-loss at 1728
Short positions may be opened below 1732 with targets at 1720/1725 and stop-loss at 1750

FKLI July month up 9.5 points or 0.55% to closed at 1737 in previous session. Asia-Pacific markets traded mixed early Monday, amid concerns over escalating tensions in the Middle East. Gains in PETRONAS-linked heavyweights partially offset weakness in banking stocks, leaving the FBM KLCI marginally lower in early trade on Monday as investors adopted a cautious stance.

S&P 500 futures traded down 0.1%, while Nasdaq-100 futures traded around the flatline. Futures linked to the Dow Jones Industrial Average were lower by 84 points, or 0.2%.

The active FKLI contract opened with a gap higher, reflecting bullish sentiment as prices advanced at the start of the week. Based on the daily chart, the market is expected to maintain a sideways-to-bullish trend if buying momentum persists. A breakout above the 1,750 level could signal stronger buying interest, allowing buyers to regain market control. However, the higher price level may also encourage profit-taking, which could limit further upside.

The immediate resistance zone is located between 1,745 and 1,750, while initial support is found above on the 50-day SMA line at 1,720. A potential consolidation around 1730 -1750 could be expected in near term before a new direction forms.  The nearest support and resistance levels are currently estimated at 1,730 and 1,750, respectively.
 

(News Source: CNBC)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.074794 4.107436
EUR 4.673556 4.678380
CNY 0.603934 0.604564
HKD 0.519941 0.523599
SGD 3.157899 3.180212