FBM KLCI Futures Likely To Track Cash Market Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to track the cash market next week, an analyst said.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said that as long as the benchmark index remains above the 1,680-1,690 support level, the broader upward trend should remain intact.

“Any near-term weakness is likely to reflect consolidation rather than a shift in direction.

“We anticipate the FBM KLCI to trade between 1,690 and 1,720 for next week,” he told Bernama.

During the week just ended, the FBM KLCI futures traded mostly higher but retreated on Friday to close the week lower due to profit-taking, despite the mixed performance of regional markets.

On a Friday-to-Friday basis, January 2026 increased 25 points to 1,710.0, February 2026 and March 2026 jumped 27 points each to 1,715.0 and 1,697.0, respectively.

June 2026 advanced 30 points to 1,700.5. 

Turnover for the week gained to 36,578 lots from 33,124 last week, while open interest rose to 41,095 contracts from 40,951 previously.

On a Friday-to-Friday basis, the FBM KLCI increased 26.20 points to 1,712.74 from 1,686.54 last week. 

-- BERNAMA