KLCI Futures Likely To Trade Range-bound Next Week

By Karina Imran

KUALA LUMPUR, Jan 31 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to trade range-bound next week.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the FBM KLCI remains in a healthy uptrend. 

“A sustained move above the 1,750 level would likely pave the way for the next leg up, while any pullbacks toward support are expected to be orderly and corrective rather than trend-changing. 

“As such, we anticipate the FBM KLCI to trend within the range of 1,730-1,760 next week," he told Bernama.

During the week just ended, the FBM KLCI futures traded mostly higher, supported by strong and sustained buying interest.

On a Friday-to-Friday basis, the January 2026 contract added 23.0 points to 1,740.0, the February 2026 and June 2026 contracts gained 16.0 points to 1,737.5 and 1,718.5 respectively, and the March 2026 contract inched up 14 points to 1,715.5. 

Turnover for the week surged to 200,166 lots from 32,462 last week, while open interest rose to 53,250 contracts from 41,444 previously.

On a Friday-to-Friday basis, the FBM KLCI gained 20.89 points to 1,740.88 from 1,719.99 a week earlier.

-- BERNAMA