KLCI Futures Likely To Be Higher Next Week In Line With Cash Market
By Siti Radziah Hamzah
KUALA LUMPUR, April 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives are expected to be higher in line with the cash market next week, dealers said.
According to them, the cash market is likely to be on the upside amid firmer sentiment, with market participants actively monitoring developments in the West Asia conflict, including the United States-Iran negotiations set to take place in Islamabad this weekend.
For the week just ended, the futures contracts saw a range-bound trading throughout the week in tandem with the cash market.
On a Friday-to-Friday basis, April 2026 and May 2026 decreased 14.5 points each to 1,685.5 and 1,686.5, respectively, while June 2026 fell 11.5 points to 1,687.0 and September 2026 declined 15.0 points to 1,665.5.
Weekly turnover shrank to 32,544 lots from 54,581 lots last week, while open interest rose to 38,759 contracts on Friday from 35,688 contracts a week earlier.
The FBM KLCI eased 4.19 points to 1,691.31 on Friday from 1,695.50 a week earlier.
-- BERNAMA