Kuala lumpur: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade with an upward bias within the 1,720-1,750 range next week, according to an analyst.

According to BERNAMA News Agency, Rakuten Trade Sdn Bhd vice-president of equity research, Thong Pak Leng, anticipates that the local market will remain resilient despite the ongoing geopolitical crisis. Thong highlighted that the stable interest rate environment, strong domestic demand, and ongoing infrastructure spending are factors that will support investor sentiment in the coming week.

For the week just ended, the FBM KLCI futures ended mostly lower. On a Friday-to-Friday basis, the August 2026 and September 2026 contracts fell three points to 1,729.5 and 1,707.5, respectively. The December 2026 contract dropped five points to 1,709.0, while the March 2027 contract stood at 1,694.0.

Weekly turnover decreased to 40,896 lots from 184,724 lots a week earlier, and open interest slipped to 49,170 contracts from 54,476 contracts previously. On a Friday-to-Friday basis, the FBM KLCI rose by 10.85 points to 1,735.75 from 1,724.90 a week earlier.