KARACHI - Bulls returned to the stock market after a gap of two days as intense buying was witnessed in oil sector, while the KSE 100-index added 263 points or 2.99 percent on Wednesday. International oil crossed $70 per barrel changing the oil sector fundamentals positively. Moreover, rise in local oil consumption by 37 percent YoY in August, increase in production of Pindori well owned by POL and continuing foreign investment in blue chips of oil, banks and fertilizer sectors played a catalyst role in positive activity. The KSE 100-index opened in green zone with a gain of 34.02 points and index maintained the upward march till the end, closing at 9,084.98 with a gain of 263.42 points on Wednesday. Meanwhile, KSE 30 index closed at 9,748.97 points with a gain of 336.90 points. The foreign investment inflow continued to impress the local investors and encourage them to hold stocks. Tuesdays market witnessed inflow of $9m, despite fund flow market moved in a negative territory said analyst Bilal Asif adding, as soon as the news hit the market, all the jubilant investors re-entered the market to recapture their stocks. Wednesdays market move recovered the loss incurred over the last couple of days and cross over the current year highest level. Trading activity was much healthier as compared to the last trading session as the ready market volume inched up to 255.261 million shares as compared to last trading sessions 158.016 million shares. Total trading value of the market increased to Rs 12.910b against Rs 9.279b of last session. Market capitalisation dramatically rose by Rs 72b in just one trading session, from Tuesdays Rs 2.572tr to Wednesdays Rs 2.644tr. Out of 381 active scrips at the KSE, as many as 243 managed to advance, 118 declined while the worth of the shares of 20 cos remained unchanged. OGDC the market king set the bullish trend followed by PPL and POL. But fortunately PPL and POL gained much more ground as compared with OGDC. JSCL and PNSC keep on travelling on the fast track without any speed limits. We expect both the stock may possible perform better in the days to coming. Banks also participated in the bullish rally with hefty gains resulted in ample index gains, said a stock broker. Pak PTA was crowned as the volume leader of the day with a healthy turnover of 35.488 million shares, followed by NIB Bank with 20.529m shares, OGDC 14.829m shares, BOP 12.680m shares, PPL 9.966m shares, Bank Al-Falah 9.785m shares, NBP 9.764m shares, JSCL 9.322m shares, ANL 8.487m shares, DGKC 7.718m shares namely. Prominent gainers include Siemens Pak Engineering, up by Rs54.44/share to close at Rs1,151.57, Wyeth Pak added Rs19.20/share and its total value was improved to Rs1,200 with the trading of only 15 shares, Bata Pak gained Rs18.34/share and closed at Rs917.14, Attock Petroleum up by Rs15.72/share, closing at Rs382.79, Unilever Pak added Rs14.31/share and closed at Rs2,224.94. On the other side, Treet Corporation lost Rs19.50/share, closing at Rs370.50, Shezan International down by Rs6.07/share and its total value was decreased to Rs135, Fazal Textile lost Rs6/share to close at Rs489, Nestle Pak down by Rs5/share and closed at Rs1,085, Lakson Tobacco lost Rs4/share to close at Rs194 with the trading of only 3 shares.