KUALA LUMPUR, Oct 25 ― The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives are likely to extend gains next week, in tandem with the equities market, an analyst said.

The FBM KLCI has been holding up well at above the 1,800 level on the back of resilient domestic liquidity, Affin Hwang Investment Bank Vice-President/Head of Retail Research, Dr Nazri Khan Adam Khan said.

“Regional markets will also firm on the back of robust economic data from the US and the Eurozone economy,” he told Bernama.

Recent US data has been positive with initial jobless claims edging lower and the Eurozone's Purchasing Managers Index offering some respite from the recent gloom surrounding the region.

On a Friday-to-Friday basis, October 2014 rose 24 points to 1,812.5, November 2014 added 24 points to 1,814, December 2014 advanced 25.5 points to 1,812.5 and March 2015 was up 20.5 points to 1,809.5.

Turnover for the week fell to 30,206 lots from 40,347 lots last week, while open interest rose to 31,532 contracts from 31,338 contracts.

For the week just ended, the benchmark FBM KLCI rose 30.55 points to finish at 1,818.86. ― Bernama