FCPO
FCPO 3rd Month Futures (PM) - 14 June 2024
Fri, 14-Jun-2024 01:20 pm
by Dealing Team • Apex Futures

FCPO
Pivot
3934
Resistance
3954 / 3975 / 3997 / 4028
Support
3920 / 3897 / 3878 / 3860
Possible Range
3900 to 3980
Strategy
Long positions may be opened above 3935 with targets at 3954/3975 stop-loss at 3905
Short positions may be opened below 3935 with targets at 3920/3897 stop-loss at 3965

FCPO Aug month added 4 points or 0.10% to 3940 closed moderately higher at midday. Malaysian palm oil futures edged up on Friday morning session, supported by a weaker ringgit, but remained on course for a second consecutive weekly decline.

(News Source: 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 4.186095 4.224386
EUR 4.685732 4.700656
CNY 0.595462 0.596801
HKD 0.537358 0.541779
SGD 3.239345 3.269267