{
  "id": 4753444,
  "title": "FKLI poised to test 1,700 support, says RHB Research",
  "url": "https://urgent.news/2026/09/01/fkli-poised-to-test-1-700-support-says-rhb-research",
  "topic": "world",
  "section": "World",
  "published": "2026-09-01T01:04:29.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/09/1523150/fkli-poised-test-1700-support-says-rhb-research"
  },
  "original_language": "en",
  "account": null,
  "summary": "The FTSE Bursa Malaysia KLCI futures contract (FKLI) is anticipated to test the 1,700-point support level due to ongoing selling pressure, according to RHB Research. The FKLI experienced a decline of 23 points, closing at 1,700 points last Friday after opening at 1,722.50 points and reaching a high of 1,732 points before dropping to a low of 1,693.50 points. The technical setup weakened after the FKLI breached its 50-day simple moving average (SMA) line. If the selling pressure persists, the FKLI may retreat towards 1,680 points, although the bulls are expected to maintain the 1,680-point support. The FKLI is expected to resume its upward trend if it reclaims the 50-day SMA, keeping a positive trading bias during the current consolidation phase. Meanwhile, crude palm oil futures (FCPO) continued their upward movement, rising by RM78 to close at RM4,894, indicating a strengthening uptrend.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}