FKLI
FKLI Spot Month Futures - 19 October 2026
Mon, 19-Oct-2026 10:24 am
by Dealing Team • Apex Futures

FKLI
Pivot
1609
Resistance
1600 / 1610 / 1615 / 1620
Support
1590 / 1585 / 1580 / 1570
Possible Range
1580 to 1600
Strategy
Long positions may be opened above 1600 with targets at 1610/1615 and stop-loss at 1595
Short positions may be opened below 1599 with targets at 1590/1585 and stop-loss at 1603

FKLI Oct month is down 5 or 0.31% trading at 1594.5in current session. The index sold off last week on technical play as weak banking sector influenced sentiment. 

The Dow Jones futures index up 77 points to trade at 52291 current session. Stock futures rebounded on Sunday night as traders cautiously dipped a toe back in following last week’s rout in shares linked to the artificial intelligence trend.

The active FKLI contract sold off on last Friday upon breaking key immediate support at 1615. Selling momentum continuously triggered long liquidation to wipe out the 5-days gain. In the daily chart, price level at 1630 still remain a strong resistant point, while the current 2 immediate resistants are looking at 1600 and 1610 level. Sentiment has turned bias into selling, continuing the overall downward trend, to target 1590- 1585 with potential to hit 1580 if more long liquidation persists. Immediate support and resistance levels are identified at 1590 and 1600, respectively. 

(News Source: The Star, Reuters)

Read more details in:

Disclaimer

The report is for internal and private circulation only and shall not be reproduced either in part or otherwise without the prior written consent of Apex Securities Berhad. The opinions and information contained herein are based on available data believed to be reliable. It is not to be construed as an offer, invitation or solicitation to buy or sell the securities covered by this report.

Opinions, estimates and projections in this report constitute the current judgment of the author. They do not necessarily reflect the opinion of Apex Securities Berhad and are subject to change without notice. Apex Securities Berhad has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Apex Securities Berhad does not warrant the accuracy of anything stated herein in any manner whatsoever and no reliance upon such statement by anyone shall give rise to any claim whatsoever against Apex Securities Berhad. Apex Securities Berhad may from time to time have an interest in the company mentioned by this report. This report may not be reproduced, copied or circulated without the prior written approval of Apex Securities Berhad.

Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.065852 4.097386
EUR 4.589381 4.597416
CNY 0.610175 0.610647
HKD 0.518032 0.522054
SGD 3.177971 3.202709