FBM KLCI Futures Likely To Move In Narrow Range Next Week

KUALA LUMPUR, Feb 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to move in a narrow range next week amid uncertainties surrounding United States (US) trade policies.

Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng anticipates the FBM KLCI to move between 1,580 and 1,600 points next week.

“We believe cautious sentiment surrounding the US tariff war and its potential market impact will persist,” he told Bernama.

For the week just ended, the contract month of February 2025 edged up six points to 1,592.5, March 2025 rose 6.5 points to 1,573.0, June 2025 increased 7.5 points to 1,577.5, while the September 2025 contract gained five points to 1,565.5. 

Turnover declined to 24,921 lots from 39,531 lots the previous week, while open interest widened to 39,750 contracts against 39,414 contracts previously.

On a Friday-to-Friday basis, the FBM KLCI posted a modest gain of 0.69 of a point at 1,591.60 compared with 1,590.91 a week earlier.

-- BERNAMA