Kuala Lumpur: The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to trade between 1,500 and 1,530 points next week, pending new market catalysts, an analyst has stated.
According to BERNAMA News Agency, Rakuten Trade Sdn Bhd's equity research vice-president Thong Pak Leng noted that the market's focus is likely to be on several key economic indicators, including China's May consumer price index (CPI), producer price index (PPI), and unemployment statistics. Investors are also set to observe the US CPI and PPI for May, along with industrial output from the Eurozone for April. Thong highlighted that domestically, the absence of market-moving news has kept the benchmark index in a state of consolidation, and this trend is anticipated to persist in the coming week.
UOB Kay Hian Wealth Advisors Sdn Bhd's head of investment research, Mohd Sedek Jantan, added that investors would also be keeping an eye on South Korea's unemployment rate, Japan's first-quarter gross domestic product (GDP) revision, and India's CPI, all of which could impact regional sentiment. He indicated that although it is challenging to adopt a fully constructive view currently, the downside risks to the FBM KLCI might be partially mitigated by undemanding valuations and the continued strength of the ringgit.
The previous week saw Bursa Malaysia largely lower due to profit-taking, driven mainly by cautious sentiment regarding US-China trade talks and a lack of positive economic data from the two countries. Bursa Malaysia Bhd and its subsidiaries were closed on Monday, June 2, 2025, in celebration of the official birthday of His Majesty Sultan Ibrahim, King of Malaysia.
On a Friday-to-Friday basis, the barometer index decreased by 27.03 points to 1,508.35 from the previous week's 1,508.35. Meanwhile, the FBM Emas Index rose by 55.54 points to 11,355.34, the FBMT 100 Index gained 62.69 points to 11,123.69, and the FBM Emas Shariah Index increased by 72.96 points to 11,329.22. The FBM 70 Index also saw a rise of 95.06 points to 16,296.57, although the FBM ACE Index fell by 31.71 points to 4,519.32.
Sector-wise, the Financial Services Index narrowed by 132.23 points to 17,708.31, the Industrial Products and Services Index eased by 1.85 points to 150.80, and the Energy Index gained 10.41 points to 718.45. The Plantation Index grew by 45.00 points to 7,252.85, while the Healthcare Index weakened by 22.81 points to 1,794.14.
Overall market turnover fell to 9.80 billion units worth RM8.18 billion from the preceding week's 14.80 billion units valued at RM12.78 billion. The Main Market volume shrank to 4.50 billion units valued at RM7.21 billion compared to 7.21 billion units worth RM11.50 billion. Warrant turnover declined to 4.07 billion units worth RM533.43 million against the previous week's 5.90 billion units worth RM721.75 million. The ACE Market volume decreased to 1.22 billion units valued at RM432.22 million compared to 1.66 billion units worth RM543.90 million.