Tuesday, September 30, 2025

1 Oct 2025 BMD Local Market

LOCAL MARKET 

Click here to contact us: https://goo.gl/B6Dccf

FKLI

FKLI Oct month rose +2.5 points or 0.15% closed at 1613. The FBM KLCI closed near flat on previous session amid cautious sentiment in regional market.

The Dow Jones index rose 82 points to close higher at 46397 on previous session. Dow closes at record high, S&P 500 logs winning month, as investors shake off government shutdown concerns.

The actively traded FKLI contract reversed sharply from the top wiping off earlier morning gains. On the daily chart, a shooting star was formed signaling a toppish sentiment. This reversal may create downside risk to sell back to 1590 level. Nevertheless, 1600 is still its immediate support until it is tested, otherwise, bullish sentiment may still persist. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1600 and 1620, respectively. 

(News Source: The Star, Reuters)

Recommend Trading Plan:

Long positions may be opened above 1612 with targets at 1616/1620 and stop-loss at 1609

Short positions may be opened below 1609 with targets at 1606/1600 and stop-loss at 1614


FCPO

FCPO Dec month down 34 points or 0.27% to closed at 4352. Malaysian palm oil futures slide amid weak rival oils and technical retracement.

CBOT soyoil active traded contract dropped 0.16 point to closed lower at 49.28 on previous session. Dalian’s active palm oil contract is closed on festive holiday.

The actively traded FCPO contract was quiet in the previous session. The earlier immediate support at 4375 has broken, changing market sentiment to slightly bearish. Nevertheless, a false breakdown earlier last week has cushioned the selling pressure in the previous session, leaving traders uncertain. Supports are noticeably around 4340 – 4300, while resistant levels are seen around 4375, 4430 and 4450. Beware of any potential sentiment changes. 

(News Source: The Star, Reuters)

Recommend Trading Plan:

Long positions may be opened above 4400 with targets at 4460/4500 stop-loss at 4370

Short positions may be opened below 4375 with targets at 4340/4300 stop-loss at 4410


Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com, mining.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of the investment.

Monday, September 29, 2025

30 Sep 2025 BMD Local Market

LOCAL MARKET 

Click here to contact us: https://goo.gl/B6Dccf

FKLI

FKLI Sep month rose 2 points or 0.12% closed at 1610. The FBM KLCI closed near flat on previous session amid cautious sentiment in regional market.

The Dow Jones index rose 68 points to close higher at 46316 on previous session. Global stocks rose on Monday while the dollar retreated as investors prepared for a possible shutdown of the U.S. government, which could delay publication of the September payrolls report and a raft of other key data due this week.

The actively traded FKLI contract remained positive despite a pullback after breaking new high to 1617.5. On the daily chart, the bullish engulfing candlestick formed last Friday still signals strong support for market to hold above 1600 and may potentially further break up targeting 1620 – 1625. However, the reversal to close back below 1613.5 in previous session may create a small downside risk to sell back to 1590 level. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1594 and 1613, respectively. 

(News Source: The Star; Reuters)

Recommend Trading Plan:

Long positions may be opened above 1604 with targets at 1614/1617.5 and stop-loss at 1598

Short positions may be opened below 1600 with targets at 1594/1590 and stop-loss at 1604


FCPO

FCPO Dec month down 12 points or 0.27% to closed at 4385. Malaysian palm oil futures remained flat to supportive as production is coming down and expect export to rise in the coming months on festive season demand.

CBOT soyoil active traded contract dropped 0.50 point to closed lower at 49.69 on previous session. Dalian’s active palm oil contract dropped 20 points to closed lower at 9214 on previous night session.

The actively traded FCPO contract was quiet in the previous session. The retracement was still in play, while being supportive around the 4375 level. Supports are noticeably around 4375 – 4340, while resistant levels are seen around 4460 – 4500. A break above 4500 may trigger momentum targeting 4600, validating its negation against the false breakdown at 4375 earlier last week. Beware of any potential sentiment changes. 

(News Source: Reuters)

Recommend Trading Plan:

Long positions may be opened above 4400 with targets at 4460/4500 stop-loss at 4370

Short positions may be opened below 4375 with targets at 4340/4300 stop-loss at 4410


Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com, mining.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of the investment.

Sunday, September 28, 2025

29 Sep 2025 BMD Local Market

 LOCAL MARKET 

Click here to contact us: https://goo.gl/B6Dccf

FKLI

FKLI Sep month rose 15 points or 0.94% closed at 1608. The FBM KLCI closed near the high on last Friday as investors remained positive on regional outlook.

The Dow Jones index rose 299 points to close higher at 46247 on previous session. U.S. stocks ended higher on Friday after mostly in-line U.S. inflation data, but the three major indexes posted losses for the week. The S&P 500 and Nasdaq snapped three-week streaks of weekly gains.

The actively traded FKLI contract has once again traded above the 1600 level. Strong buying momentum was seen and closed nearly at the high. On the daily chart, the bullish engulfing candlestick formed signalling intention to retest the recent high of 1613.5 and potentially break up targeting 1620 – 1625. However, as the high is yet to break, a downside potential to reverse from the high is still probable to sell back to 1590 level. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 1594 and 1613, respectively. 

(News Source: The Star; Reuters)

Recommend Trading Plan:

Long positions may be opened above 1603 with targets at 1610/1616.6 and stop-loss at 1598

Short positions may be opened below 1600 with targets at 1594/1590 and stop-loss at 1603


FCPO

FCPO Dec month down 44 points or 0.99% to closed at 4396. Malaysian palm oil futures slide as India’s import shift to soy oil over its discounted price against CPO.

CBOT soyoil active traded contract dropped 0.08 point to closed lower at 50.19 on previous session. Dalian’s active palm oil contract rose 12 points to closed higher at 9278 on previous night session.

The actively traded FCPO contract corrected slightly on last Friday session upon reaching its strong resistant point at 4460. Nevertheless, on the daily chart, the market’s sentiment has shifted towards an upward bias despite currently trading in a consolidation phase. Supports are noticeably around 4375 – 4340, while resistant levels are seen around 4460 – 4500. A break above 4500 may trigger momentum targeting 4600, validating its negation against the false breakdown at 4375 earlier last week. Beware of any potential sentiment changes. 

(News Source: Reuters)

Recommend Trading Plan:

Long positions may be opened above 4400 with targets at 4500/4550 stop-loss at 4415

Short positions may be opened below 4375 with targets at 4340/4300 stop-loss at 4410


Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com, mining.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of the investment.