FBM KLCI Futures Set To Trade Range Bound Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 2 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade range-bound next week.

Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the benchmark index has been struggling to break the 1,540 level, a psychological and technical resistance that previously capped gains in late June and early July.

“(Yesterday’s) bargain hunting suggests an attempt to reverse the mid-July downtrend, but confirmation is needed with stronger follow-through buying and volume. Hence, we anticipate the benchmark index to remain range-bound between 1,510 and 1,540 for next week,” he told Bernama.

On a weekly basis, the spot month August 2025 contract gained 0.5 of a point to 1,529, while September 2025 inched down half of a point to 1,509.0, and December 2025 fell 2.5 points to 1,509.0. The March 2026 note stood at 1,497.5.

Turnover for the week improved to 160,658 lots from 28,103 lots in the previous week, while open interest eased to 41,270 contracts from 48,755 contracts previously.

The FBM KLCI ended the week easier, trimming 0.41 of a point to 1,533.35 on Friday from 1,533.76 a week earlier.

-- BERNAMA