Malaysian share prices are expected to trade cautiously next week amid lingering concerns over North Korea's missile testing activities and high oil prices, dealers said Friday.
Despite some buying support by the end of the previous week, the market is still "highly susceptible to both internal and external shocks, making short-term trading a difficult affair," said Victor Wan, senior analyst with Mercury Securities.
"The market will be facing a testing time," Wan said.
For the week ending July 7, the Kuala Lumpur Stock Exchange composite index closed 10.87 points or 1.19 percent higher at 925.56.
Average daily volume was 756.09 million shares worth 882.69 million ringgit (241.44 million dollars) compared to 810.70 million shares worth 807 million ringgit in the previous week.
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