KLCI Futures To Trade Range-bound Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade range-bound next week, anchored by resilient domestic fundamentals and expectations of a steady monetary policy stance by Bank Negara Malaysia.

IPPFA Sdn Bhd’s director of investment strategy and country economist, Mohd Sedek Jantan, said investors are shifting their focus towards the upcoming Malaysia’s third quarter (3Q) gross domestic product (GDP) data release, which is scheduled for Friday.

“The data release would be pivotal in determining whether the benchmark index extends its recent stabilisation phase or consolidates further as investors position for year-end,” he told Bernama.

In addition, market sentiment remains fragile as the United States (US) government shutdown continues, entering its 38th day on Friday, marking the longest in the country’s history.

On a weekly basis, the November 2025 and December 2025 contracts edged up 14.0 points to 1,624.50 and 1,624.0, respectively.  March 2026 rose 16.0 points to 1,606.0, while June 2026 stood at 1,609.50.

Turnover for the week fell to 35,662 lots from 173,673 lots a week ago, while open interest slipped to  48,367 contracts from 49,777 contracts previously.

On a Friday-to-Friday basis, the FBM KLCI rose 9.98 points to 1,619.13 from last week’s 1,609.15.

-- BERNAMA