FBM KLCI Futures Set To Trade Higher Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 9 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, potentially reaching the 1,580 level, according to an analyst.

Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng anticipates the FTSE Bursa Malaysia KLCI (FBM KLCI) to trend within the range of 1,540-1,565, provided that the breakout holds and volume improves.

“For the week just ended, the local benchmark index has staged a bullish breakout above the key 1,540 resistance level, supported by an exponential moving average crossover and positive moving average convergence/divergence momentum.

“After a period of underperformance, the local market is now playing catch-up with its stronger-performing regional counterparts,” he told Bernama.

On a weekly basis, the spot month August 2025 contract gained 27.0 points to 1,556.0, September 2025 and December 2025 rose 26.0 points each to 1,535.0 and 1,535.0, respectively, and March 2026 bagged 23.0 points to 1,520.50.

Turnover for the week declined to 27,952 lots from 160,658 lots in the previous week, while open interest edged up to 42,137 contracts from 41,270 contracts previously.

The FBM KLCI ended the week higher, gaining 23.63 points to 1,556.98 on Friday from 1,533.35 a week earlier.

-- BERNAMA