By Abdul Hamid A Rahman
KUALA LUMPUR, April 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to maintain its near-term upward trajectory next week, supported by improving sentiment in tandem with the cash market.
UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said external risks linger nonetheless.
“A key focal point next week will be the Malaysian delegation’s visit to Washington, led by Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, for discussions on tariff-related matters.
“Markets are cautiously optimistic, pricing in a pragmatic outcome given Tengku Zafrul’s solid track record in trade diplomacy. A well-defined framework to address Donald Trump-era tariffs could further uplift sentiment,” he told Bernama.
On a Friday-to-Friday basis, April 2025 rose 49.0 points to 1,497.0, May 2025 added 48.0 points to 1,494.5, June 2025 improved 46.5 points to 1,489.5, and September 2025 increased 45.0 points to 1,475.0.
Weekly turnover eased to 38,435 lots from 75,774 lots previously, while open interest dipped to 43,793 contracts from 47,008 .
The cash market’s benchmark index improved 44.64 points to 1,499.40 from 1,454.76 a week earlier.
-- BERNAMA
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