FBM KLCI Futures Likely To Trade Range-bound Next Week Amid Cautious Sentiment
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade within a narrow range next week, reflecting the performance of the underlying cash market amid ongoing cautious sentiment.
Berjaya Research Sdn Bhd head of research Kenneth Leong said the cautious sentiment is likely to persist as investors continue to monitor developments in the US-China trade relations.
He noted that the FBM KLCI has formed another bullish candle and continues to hover within the short-term consolidation band.
“Further upsides could be present with the key index looking to take a jab towards the near-term resistance of 1,622 points, followed by 1,638 points. On the flipside, the supports are pegged at 1,600 points and 1,580 points, respectively,” Leong told Bernama.
On a weekly basis, the October 2025 contract improved 7.5 points to 1,611.0, November 2025 contract rose 7.0 points each to 1,610.5. December 2025 and March 2026 increased 8.0 points to 1,610.0 and 1,593.0, respectively.
Turnover for the week fell to 27,224 lots from 34,543 lots a week ago, while open interest decreased to 46,375 contracts from 46,471 contracts previously.
On a Friday-to-Friday basis, the FBM KLCI strengthened 6.09 points to 1,613.27 from last week’s 1,607.18.
-- BERNAMA