Kuala lumpur: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are anticipated to trade with a mildly positive bias within the 1,720-1,750 range, as stated by an analyst.

According to BERNAMA News Agency, Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng noted that the continued inflows of foreign funds and robust domestic earnings prospects are expected to provide downside support, although any further gains are likely to be gradual and selective. Thong also mentioned that any escalation in the US-Iran conflict or a renewed surge in oil prices could trigger intermittent profit-taking, potentially limiting the market's upside.

For the week that just concluded, the FBM KLCI futures contracts ended mostly higher. On a Friday-to-Friday basis, the July 2026 contract increased by 37.5 points to 1,737.0, while the August 2026 contract rose by 36 points to 1,737.0. The September 2026 contract added 35 points to 1,716.0, and the December 2026 contract rose by 35.5 points to 1,718.5.

Weekly turnover strengthened, reaching 39,884 lots compared to 28,350 lots the previous week, while open interest surged to 47,501 contracts from 31,668. On a Friday-to-Friday basis, the barometer index advanced by 39.95 points to 1,731.45 from 1,691.49 a week earlier.