FKLI
FKLI Spot Month Futures - 7 August 2026
Fri, 07-Aug-2026 10:23 am
by Dealing Team • Apex Futures

FKLI
Pivot
1744
Resistance
1737 / 1740 / 1745 / 1750
Support
1732 / 1728 / 1725 / 1720
Possible Range
1720 to 1740
Strategy
Long positions may be opened above 1735 with targets at 1740/1745 and stop-loss at 1725
Short positions may be opened below 1720 with targets at 1725/1728 and stop-loss at 1735

FKLI August month down 21 points or 1.20% to closed at 1734 in previous session. Bursa Malaysia opened lower on Friday, tracking overnight losses on Wall Street as investors turned cautious ahead of the release of key U.S. employment data later tonight.

S&P 500 futures gained 0.04%, while Dow Jones Industrial Average futures lost 17 points, or 0.03%. Nasdaq 100 futures climbed 0.3%.

Based on the daily chart, the contract continued to trade above the 50-day SMA, reflecting a broadly supportive market despite the recent sideways movement. Intraday price action remained range-bound while holding above the 1720 support level, indicating that buyers are still defending the market. A sustained move above the 1740 resistance level would likely improve sentiment and confirm a return of bullish momentum.

The immediate resistance zone is located between 1740 and 1745, while initial support is found below on the 200-day SMA line at 1730. A potential consolidation around 1725 -1745 could be expected in near term before a new direction forms.

(News Source: The Star)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.074794 4.107436
EUR 4.711669 4.721143
CNY 0.606083 0.606701
HKD 0.519401 0.523573
SGD 3.180302 3.205874