KLCI Futures To Trade Cautiously Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade cautiously next week, tracking the performance of the underlying cash market. 

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the market remains cautiously optimistic, given the fair valuations of local stocks.

He said that while the valuations of US stocks are stretched, Asian stocks are relatively cheaper.

He said that as investors reduce exposure to overstretched valuations in the US technology sector, regional markets offering more reasonable pricing, solid earnings visibility, and supportive macro conditions may attract renewed interest.

“Malaysia, in particular, stands out for its defensive sector composition and improving domestic sentiment, making it a potential beneficiary of this rotation.

“Hence, we expect bargain hunting may prevail and the index to trade within the range of 1,620-1,650 for next week,” he told Bernama.

On a weekly basis, November 2025 lost one point to 1,623.5, and December 2025 fell half a point to 1,623.5. March 2026 added half a point to 1,606.5, and June 2026 rose 1.5 points to 1,611.0.

Turnover for the week increased to 37,102 lots from 35,662 lots a week ago, while open interest widened to 50,184 contracts from 48,367 contracts previously.

On a Friday-to-Friday basis, the FBM KLCI rose 6.54 points to 1,625.67 from last week’s 1,619.13.

-- BERNAMA