Kuala lumpur: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is projected to follow the performance of the underlying cash market in the upcoming week.
According to BERNAMA News Agency, Rakuten Trade Sdn Bhd vice-president of equity research, Thong Pak Leng, stated that, despite external challenges, the FBM KLCI is positioned well due to firm corporate results and government policy measures that provide support.
Thong Pak Leng highlighted the need for caution given the uncertain global macro environment, particularly ongoing concerns about global growth prospects and changing expectations surrounding the United States' monetary policy. He noted that defensive earnings profiles, steady consumer demand, and healthy financial positions among mid- to large-cap Malaysian companies continue to offer a stable foundation for the market. Thong anticipates the benchmark index to fluctuate within the 1,610-1,635 range over the coming week.
In terms of weekly performance, the November 2025 contract declined by 4.5 points to 1,619.0, December 2025 fell by five points to 1,618.5, March 2026 decreased by 6.5 points to 1,600.0, and June 2026 slipped by four points to 1,607.0. Turnover for the week reduced to 32,615 lots from 37,102 lots the previous week, while open interest narrowed to 45,643 contracts from 50,184 contracts previously. On a Friday-to-Friday basis, the FBM KLCI fell 8.10 points to 1,617.57 from last week's 1,625.67.