Kuala lumpur: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is anticipated to align with the cash market next week, as per an analyst's insights.

According to BERNAMA News Agency, Rakuten Trade Sdn Bhd's vice-president of equity research, Thong Pak Leng, stated that as long as the benchmark index stays above the 1,680-1,690 support level, the overall upward trend is expected to continue. Thong noted that any short-term weakness is likely indicative of market consolidation rather than a change in direction. He projected that the FBM KLCI could trade between 1,690 and 1,720 in the coming week.

In the week that concluded, the FBM KLCI futures displayed mostly upward movement but fell on Friday due to profit-taking activities, despite the regional markets showing mixed performances. From Friday-to-Friday, the January 2026 contract increased by 25 points to 1,710.0, while February 2026 and March 2026 contracts rose by 27 points each, reaching 1,715.0 and 1,697.0, respectively. The June 2026 contract advanced by 30 points to 1,700.5.

The turnover for the week increased to 36,578 lots from 33,124 in the previous week, with open interest rising to 41,095 contracts from 40,951. On a Friday-to-Friday basis, the FBM KLCI increased by 26.20 points, reaching 1,712.74 from 1,686.54 in the prior week.