FBM KLCI Futures To Mirror Cash Market Next Week On Cautious Global Sentiment

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to track the performance of the underlying cash market, amid ongoing global market uncertainty.

Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng told Bernama that market attention is anticipated to revolve around several important economic indicators, such as China’s May consumer price index (CPI), producer price index (PPI), and unemployment figures.

“Domestically, the lack of market-moving news has kept the benchmark index in consolidation, and this is expected to carry over into the coming week, pending encouraging developments,” he said.

UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan, meanwhile, said investors would also be monitoring South Korea’s unemployment rate, Japan’s first-quarter gross domestic product (GDP) revision, and India’s CPI -- all of which could influence sentiment across the region.

Bursa Malaysia Bhd and its subsidiaries were closed on Monday, June 2, in conjunction with the official birthday of His Majesty Sultan Ibrahim, King of Malaysia.

 On a Friday-to-Friday basis, the shortened week saw June 2025 contract month up by 10.5 points to 1,506.50, new month July 2025 stood at 1,504.50, September 2025 put on 8.5 points to 1,487.50, and December 2025 added 11 points to 1,494.50.

Weekly turnover narrowed to 23,669 lots from 152,899 lots in the previous week, while open interest reduced to 37,381 contracts from 50,960 contracts previously.

The barometer index fell 27.03 points to 1,508.35 from 1,508.35 a week earlier.

-- BERNAMA