KARACHI (Reuters) - Investors booked profits on higher prices while bargain hunters bought fertiliser shares on hopes of strong corporate results, dealers said, leaving the Karachi stock market almost flat on Monday. Companies are due to announce results for the quarter ended Sept. 30 in the coming days. The KSE benchmark 100-share index ended 0.10 percent, or 12.54 points, lower at 11,975.55. Volume was 79.47 million shares compared with 92.16 million shares traded on Friday. "Institutional interest remained for fertilizer companies on rising local urea prices," said Ahsan Mehanti, director at Arif Habib Investments Ltd. Fatima Fertiliser, the volume leader, rose 4.96 percent to end at 23.89 rupees, while Fauji Fertiliser ended 3.57 percent higher at 194.10 rupees. In the currency market, the rupee firmed to 86.54/59 to the dollar compared with Friday's close of 86.57/62, amid a lack of import payments and on increased remittances from Pakistanis living abroad. According to official data, remittances rose 25 percent to $3.3 billion in the first three months of the 2011/12 fiscal year (July-June), compared with $2.65 billion in the same period last year. However remittances fell to $890 million in September, compared with $922 million received in September last year. In the money market, overnight rates ended at between 11.50 percent and 11.70 percent, compared with Friday's close of 11.90 percent amid increased liquidity in the interbank market. APP adds from Islamabad: Islamabad Stock Exchange (ISE-10) Monday witnessed bearish trend as the index closed at 2586.36 after loosing 37.72 points. Equity Dealer, Ismail Iqbal Pvt Ltd, Saqib told APP that the local stock markets remained range-bound. He said that the Engro Corporation was closed at lower circuit breaker owing to the rumours of disconnection of gas supply. While the Attock Petroleum was closed at upper circuit breaker because it has announced the best earning of Rs.10.40 per share in first quarter (July-September). Stock Analyst, Association for Investor's Awareness, Faheem Akhtar said that the local markets were led by the buying rally in the Fatima Fertilizers. He said that Fatima Fertilizer and Arif Habib Corporation (AHCL) were closed at upper lock. The closing of AHCL at upper lock was due to its investment in the shares of Fatima Fertilizer. Total share traded were 175,314, which was up by 48,014 as compared to trading of previous day. Out of 129 companies, the price of 66 increased while the price 63 decreased. The price of top gainer Unilever Pakistan increased by Rs.90.17 while the price top loser Siemens Pakistan Engineering decreased by Rs.25.00.