KLCI FUTURES TO TRADE CAUTIOUSLY NEXT WEEK

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 22 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to track the performance of the underlying cash market next week. 

Rakuten Trade Sdn Bhd vice-president of equity research, Thong Pak Leng, said with domestic catalysts such as firm corporate results and supportive government policy measures, the FBM KLCI is well-positioned to absorb external headwinds while maintaining a constructive trajectory.

He added that a degree of caution is still warranted in view of the uncertain global macro backdrop, particularly persistent concerns over global growth prospects and evolving expectations surrounding the United States’ monetary policy.

“Even so, defensive earnings profiles, steady consumer demand and healthy financial positions among mid- to large-cap Malaysian companies continue to provide a stable foundation for the market. We anticipate the benchmark index to oscillate within the 1,610-1,635 range over the coming week,” he told Bernama.

On a weekly basis, November 2025 declined 4.5 points to 1,619.0, December 2025 fell five points to 1,618.5. March 2026 went down 6.5 points to 1,600.0, and June 2026 slipped four points to 1,607.0.

Turnover for the week decreased to 32,615 lots from 37,102 lots a week ago, while open interest narrowed to 45,643 contracts from 50,184 contracts previously.

On a Friday-to-Friday basis, the FBM KLCI fell 8.10 points to 1,617.57 from last week's 1,625.67. 

-- BERNAMA