FKLI
FKLI Spot Month Futures - 2 September 2026
Wed, 02-Sep-2026 09:56 am
by Dealing Team • Apex Futures

FKLI
Pivot
1680
Resistance
1670 / 1680 / 1690 / 1695
Support
1665 / 1660 / 1655 / 1650
Possible Range
1665 to 1680
Strategy
Long positions may be opened above 1672 with targets at 1680/1690 and stop-loss at 1664
Short positions may be opened below 1695 with targets at 1685/1680 and stop-loss at 1748

FKLI Sep month dipped 36.5 points or 2.14% to closed at 1663.5 in previous session. The index continued on a second consecutive selling on geopolitical tensions and US Federal Reserve Chair Kevin Warsh’s hawkish remarks at the Jackson Hole Symposium lifted expectations of a September rate hike.

The Dow Jones index futures down 26 points to close at 52802 on current session. Stock futures are near flat Tuesday night after a rally in bond yields and oil prices led Wall Street to another down day.

The active FKLI contract’s selling pressure took control, dominating the market towards closing. Long liquidation were seen dipping prices to its immediate strong support around the 1660 level. A temporary recovery is expected in the short term, targeting 1687-90 for strong resistant. However, in the daily chart, there isn’t any signs of buying yet. Long positions are still to be cautious, as a potential downtrend has been initiated upon validating the double top last week. Immediate support and resistance levels are identified at 1660 and 1670, respectively. 

(News Source: The Stars, Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.026456 4.052762
EUR 4.681764 4.684238
CNY 0.600545 0.600863
HKD 0.513517 0.516884
SGD 3.161845 3.182595