Kuala lumpur: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade within a narrow range next week, reflecting the performance of the underlying cash market amid ongoing cautious sentiment.

According to BERNAMA News Agency, Berjaya Research Sdn Bhd head of research Kenneth Leong indicated that the cautious sentiment is likely to persist as investors continue to monitor developments in the US-China trade relations. Leong noted that the FBM KLCI has formed another bullish candle and continues to hover within the short-term consolidation band.

Leong further explained that there could be potential upward movements with the key index eyeing the near-term resistance levels of 1,622 points and subsequently 1,638 points. Conversely, the support levels are pegged at 1,600 points and 1,580 points, respectively.

On a weekly basis, the October 2025 contract improved by 7.5 points to 1,611.0, while the November 2025 contract rose by 7.0 points to 1,610.5. The December 2025 and March 2026 contracts increased by 8.0 points to 1,610.0 and 1,593.0, respectively.

Turnover for the week fell to 27,224 lots from 34,543 lots a week ago, while open interest slightly decreased to 46,375 contracts from 46,471 contracts previously. On a Friday-to-Friday basis, the FBM KLCI strengthened by 6.09 points to 1,613.27 from last week's 1,607.18.