FKLI
FKLI Spot Month Futures - 11 March 2024
Mon, 11-Mar-2024 08:47 am
by Futures Dealing • Apex Futures

FKLI
Pivot
1519
Resistance
1523 / 1529 / 1539
Support
1513 / 1509 / 1499
Possible Range
1510 to 1525
Strategy
Long positions may be opened above 1519 with targets at 1523/1529 and stop-loss at 1514
Short positions may be opened below 1519 with targets at 1513/1509 and stop-loss at 1524

FKLI Mar month rose 4 points or 0.26% to 1518 closed higher. Bursa Malaysia closed marginally higher on Friday in line with the positive tone from the regional markets, ahead of the US Nonfarm Payrolls data announcement later on Friday night.

Overnight Dow Jones fell 68 points. Stocks went on a rollercoaster ride Friday, ultimately closing lower after a closely watched jobs report contained some evidence the labor market cooled in February.

Following the mixed performance of the US market, the FKLI could trade within the range. A break above 1521 (Yesterday's high) would target 1525/1535. On the flip side, the next support is located at 1511 (yeterday’s low), followed by 1505 (S2), and finally 1495 (S3).

FKLI : 富时隆综指 (+0.26%) 周四随着华尔街的积极表现延续了上涨趋势。

做多策略 :可在1519上方做多,目标价 1523/1529,止损位1514

做空策略 :可在1519下方做空,目标价 1513/1509,止损位1524

(News Source: The Edge; Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.186344 4.224837
EUR 4.692802 4.707788
CNY 0.594564 0.595974
HKD 0.537155 0.542118
SGD 3.243708 3.273864