Kuala Lumpur: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is anticipated to remain within a narrow range next week due to uncertainties surrounding United States trade policies.
According to BERNAMA News Agency, Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng expects the FBM KLCI to fluctuate between 1,580 and 1,600 points in the coming week. “We believe cautious sentiment surrounding the US tariff war and its potential market impact will persist,” he stated.
For the recently concluded week, the February 2025 contract increased by six points to 1,592.5. The March 2025 contract rose 6.5 points to 1,573.0, June 2025 climbed 7.5 points to 1,577.5, and the September 2025 contract went up by five points to 1,565.5.
Turnover for the week declined to 24,921 lots compared to 39,531 lots in the previous week. However, open interest expanded to 39,750 contracts from 39,414 contracts previously.
On a week-to-week basis, the FBM KLCI recorded a modest gain of 0.69 of a point, closing at 1,591.60 compared to 1,590.91 the previous week.