By Anas Abu Hassan
KUALA LUMPUR, April 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade within a narrow range next week, mirroring movements in the underlying cash market.
Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the cash market is likely to remain volatile amid persistent concerns over the global trade outlook.
“We expect heightened volatility in the local market to continue next week. As such, we anticipate the benchmark index to move within the 1,430 to 1,493 range,” he told Bernama.
On a Friday-to-Friday basis, April 2025 and May 2025 contracts each shed 54.5 points to settle at 1,448.00 and 1,446.50, respectively.
June 2025 fell 51.5 points to 1,443.00, while September 2025 declined 52.5 points to 1,430.00.
Weekly turnover surged to 75,774 lots from 25,964 lots previously, while open interest rose to 47,008 contracts from 44,881.
The cash market’s benchmark index dropped 49.38 points to 1,454.76 from 1,504.14 a week earlier.
-- BERNAMA
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