The FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to rise further next week on the back of better overnight Wall Street performance on Friday coupled with the recently-announced National Economic Recovery Plan (Penjana) incentives.

A market analyst said the FBM KLCI would continue to stage a significant increase next week; however, it might encounter some profit-taking after seeing an incremental increase for eight days straight, after making significant gains in the past week.