FBM KLCI Futures To Trade Range-Bound Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, July 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade range-bound with an upward bias next week, tracking the performance of the underlying cash market. 

Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the benchmark index is expected to trade between 1,530 and 1,560 points next week.

He noted that the index has broken out above 1,530, marking a technical turning point.

“As long as the index remains above this level, an upside toward 1,550–1,570 appears likely,” he told Bernama.

On a weekly basis, the July 2025, August 2025 and September 2025 contracts each fell 17.5 points to 1,532.0,15, 1,530.0 and 1,511.0, respectively, while December 2025 slipped 17.0 points to 1,510.5.

Turnover for the week dropped to 28,804 lots from 34,314 lots in the previous week, while open interest rose to 40,748 contracts from 34,783 contracts previously.

The FBM KLCI ended the week lower, losing 14.12 points to 1,536.07 from 1,550.19 in the previous week.

-- BERNAMA