FBM KLCI Futures Likely To Trade Range-bound Next Week

By Anas Abu Hassan

KUALA LUMPUR, Jan 3 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trend range-bound next week, supported by constructive sentiments from the underlying cash market. 

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the broader trend of the FBM KLCI remains positive and short-term fluctuations are likely to be part of a healthy consolidation.

“We anticipate the FBM KLCI to trend within the range of 1,650-1,680 next week,” he told Bernama.

On a Friday-to-Friday basis, the January 2026 contract decreased 7.5 points to 1,672.5, the March 2026 contract dropped 6.5 points to 1,664.5, and the June 2026 contract declined by 2.5 points to 1,662.0, while the new spot month February 2026 stood at 1,675.5.

Turnover for the holiday-shortened week narrowed to 91,510 lot from 97,819 lots last week, while open interest shrank to 38,653 contracts from 63,355 contracts previously.

On a Friday-to-Friday basis, the FBM KLCI erased 7.34 points to 1,669.76 from last week's 1,677.10.

-- BERNAMA