Kuala lumpur: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is anticipated to trend higher in the upcoming week, aligning with the underlying cash market.

According to BERNAMA News Agency, IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan noted that a clear breakout is likely this month, supported by improving global sentiment and a robust domestic data backdrop. Mohd Sedek emphasized that the market's direction next week will largely depend on two major external events.

Investors are keenly awaiting China's November economic data, scheduled for release on Monday, and the US non-farm payrolls (NFP) figures on Tuesday, which will cover employment data for October and November 2025. These releases are expected to significantly influence market trends.

On a Friday-to-Friday basis, the December 2025 contract saw an increase of 25 points to 1,645, the January 2026 contract rose by 23.5 points to 1,647.5, the March 2026 contract added 26 points to reach 1,632.0, and the June 2026 contract gained 22 points, closing at 1,632.0.

Weekly turnover improved, registering 40,352 lots compared to 39,562 lots the previous Friday, while open interest decreased to 43,035 contracts from 43,890 contracts. The FBM KLCI itself climbed 21.29 points to 1,637.81 from the previous week's 1,616.52.