Kuala lumpur: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is poised to trade within a range-bound pattern next week, buoyed by positive sentiments from the underlying cash market.
According to BERNAMA News Agency, Rakuten Trade Sdn Bhd's vice-president of equity research, Thong Pak Leng, noted that the broader trend of the FBM KLCI remains positive, with any short-term fluctuations likely being part of a healthy market consolidation. He stated, "We anticipate the FBM KLCI to trend within the range of 1,650-1,680 next week."
On a Friday-to-Friday basis, there were notable movements in the futures contracts. The January 2026 contract decreased by 7.5 points to settle at 1,672.5, while the March 2026 contract declined by 6.5 points to 1,664.5. The June 2026 contract saw a drop of 2.5 points, closing at 1,662.0. Meanwhile, the new spot month for February 2026 concluded at 1,675.5.
The turnover for the week, which was shortened due to holidays, narrowed to 91,510 lots from the previous week's 97,819 lots. Open interest also saw a significant reduction, shrinking to 38,653 contracts from 63,355 contracts. Additionally, the FBM KLCI itself recorded a decline on a Friday-to-Friday basis, erasing 7.34 points to end at 1,669.76, down from last week's 1,677.10.