Kuala lumpur: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is anticipated to trade within a confined range next week. This expectation is due to a shorter trading period and reduced regional liquidity linked to the Chinese New Year holidays.
According to BERNAMA News Agency, IPPFA Sdn Bhd's director of investment strategy and country economist, Mohd Sedek Jantan, noted that the market is likely to consolidate within the 1,735-1,745 range. He attributed this to the lower liquidity conditions, which typically hinder both upward momentum and downward acceleration.
During the previous trading week, the FBM KLCI futures showed mixed performance, reflecting movements in the underlying cash market. From Friday to Friday, the February and September 2026 contracts increased by 7.5 points each to 1,740.0 and 1,712.0, respectively. The March 2026 contract rose by 9.5 points to 1,720.5, while the June 2026 contract went up by 9.0 points to 1,724.0.
Turnover for the week climbed to 39,076 lots from 29,058 lots in the preceding week, and open interest grew to 43,523 contracts from 42,726 contracts previously. The FBM KLCI also experienced a rise, gaining 6.71 points to reach 1,739.54 on Friday, compared to 1,732.83 a week earlier.