Kuala lumpur: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade within a range next week.
According to BERNAMA News Agency, Rakuten Trade Sdn Bhd's vice-president of equity research, Thong Pak Leng, noted that the FBM KLCI continues to follow a healthy upward trend.
Thong emphasized that if the index can sustain a movement above the 1,750 level, it may set the stage for further gains. However, any declines towards the support levels are anticipated to be orderly and corrective rather than indicative of a change in trend. He projected that the FBM KLCI will likely trend within the 1,730-1,760 range in the coming week.
Throughout the past week, the FBM KLCI futures generally traded higher, driven by strong and sustained buying interest. The January 2026 contract rose by 23.0 points to reach 1,740.0. The February 2026 and June 2026 contracts increased by 16.0 points each, closing at 1,737.5 and 1,718.5, respectively. Meanwhile, the March 2026 contract saw a rise of 14 points, ending at 1,715.5.
The week's turnover experienced a significant increase, jumping to 200,166 lots from the previous week's 32,462. Open interest also saw an uptick, rising to 53,250 contracts from 41,444. On a weekly basis, the FBM KLCI itself gained 20.89 points, closing at 1,740.88 compared to 1,719.99 the previous week.