FBM KLCI Futures To Trade Cautiously Next Week

By Zarul Effendi Razali and Danni Haizal Danial Donald

KUALA LUMPUR, July 5 (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 equity research vice-president Thong Pak Leng expects the key benchmark index to trade within the range of 1,530 to 1,560 points.

“The benchmark index has broken out of its consolidation range with strong volume, climbing above critical moving averages.

“A bullish trading indicator, along with a relative strength index, strengthens the case for a shift toward a more bullish trend,” he told Bernama.

On a weekly basis, the July 2025 contract went up 19.5 points to 1,549.50, while September 2025 and December 2025 contracts each added 18 points to settle at 1,528.50 and 1,527.50, respectively.

The newly introduced August 2025 contract stood at 1,547.50.

Turnover for the week dropped to 34,314 lots from 163,175 lots in the previous week, while open interest fell to 34,783 contracts from 64,676  contracts previously.

The FBM KLCI ended the week higher, rising 22.03 points to 1,550.19 from 1,528.16 in the previous week.

-- BERNAMA