LAHORE - Though the stock market kicked-off the week very positively, gaining 243 points on the first day, but the bear-run continued throughout the rest of the week, but yet the KSE succeeded in maintaining the psychological level of 9,000; closing the week at 9,183.73 points after gaining 146.43 points. Last week, the average turnover was recorded at 162.486m shares. The bourse responded quickly to the changes that occurred at national and international level as value of shares increased on the first business day on the back of Dubai bailout. Though the UAE government, earlier, had declined any assistant to Dubai World, however, when equity markets of Asia particularly Gulf nose-diving, Abu Dhabi rulers release $10b to Dubai state as for bail out. While rest of the days of the current week, the bourse remained native because of jump in US Dollar against Pak rupee, effects of Dubai debt crisis, bomb blasts and political imbroglio caused by NRO Pandora box. As per detail, Abu Dhabi bailed out Dubai also affected the local bourse on Monday when the government of Abu Dhabi had agreed to fund $10 billion to the Dubai Financial Support Fund that will be used to satisfy a series of obligations on Dubai World. Conversely, the continuous low down value of rupee against the dollar was the main factor of reducing values of shares and ultimately plummeting the market, as the forward buying of US currency on the interbank market losing 15 paisa, since buying and selling was witnessed near 84.35 and 84.40. According to details, on the first day of business week, Monday, KSE started operation with positive note when KSE 100-index gained 243 points as strong recovery of Dubai financial markets led to intense buying which resulted in the KSEs close at 9280.16. The local investors took exposures in Dubai exposed scrips in banking, telecom, cement and insurance sector. KSE 30-index closed at 9794.89 with a gain of 298.79 points. Trading activity was better as compared to the last trading session as the ready market volume stands at 171.859m as compared to last trading session 116.439m. On very next day, Tuesday, the KSE 100-index tumbled because of bomb blast in DG Khan. Though the renewed foreign interest in oil and gas sector made the KSE 100-index to start in green zone, but at the end of the day, it closed at 9266.04 points with a loss of 14.12 points. Blast in DG Khan, fall in rupee value against dollar, uncertainty on NRO hearing in Supreme Court, rising political uncertainty and falling international oil prices were conducive in the negative activity at KSE. KSE 30-index closed at 9787.95 with a loss of 6.94 points. Trading activity was better as compared to the last trading session as the ready market volume stands at 190.136m as compared to last trading session 171.859m. On Wednesday, the equity market witnessed a range-bound activity amidst uncertainty over the Supreme Courts decision on NRO coupled with poor law and order in the country when KSE 100-index lost 12.38 points and settled at 9253.66 mark. KSE 30 index closed at 9761.85 level with a loss of 26.10 points. Trading activity was minimal as compared to the last trading session as the Ready market volume stands at 146.774 million shares as compared to the last trading session of 190.13 million shares. On Thursday, the annulment of NRO resulted in profit taking, but at the same time the political uncertainty, disbursement of IMF tranche and high leverage cost played a catalyst role in negative activity. The 100-index opened in green zone with a gain of 15.05 points and closed at 9227.18 with a loss of 26.48 points. KSE 30-index closed at 9737.54 with a loss of 24.31 points. Trading activity was better as compared to the last trading session as the ready market volume stands at 206.854m as compared to last trading session 146.774m. Last day of the business week Friday remained unlucky for KSE as the negative sentiment continued at KSE. The proceedings of the accountability court against ministers facing charges made the local investors more cautious. Moreover, the other factors like limited foreign interest ahead of Christmas holidays, fall in international oil prices and blast in Dir played negatively at KSE. The KSE 100-index opened in green zone with a gain of 14.09 points and at the end of the day closed at 9183.73 with a loss of 43.45 points. KSE 30-index closed at 9652.90 with a loss of 84.64 points. Trading activity was minimal as compared to the last trading session as the ready market volume stands at 96.809m as compared to last trading session 206.854m.