KARACHI - Bullish activity was witnessed with thin volumes at Karachi Stock Exchange (KSE) led by oil and gas sectors scrips. The KSE 100-index increased 0.59 per cent or 72.73 points to end at 12,496.03 points on market turnover of 65.93 million shares. The KSE 30-share index rose 0.22 per cent, or 25.02 points to close at 11,586.49 points. Shares of 328 companies were traded on Thursday. At the end of the day, 115 stocks closed higher, 129 declined and 84 remained unchanged. The KSE market capitalisation amounted to Rs3, 288.66 billion or $38.25 billion. Volumes remained thin on year end close. Recovery in global capital and commodity markets after unveiled Greece austerity plan, renewed foreign and institutional interest in blue chip scrips on strong valuations in fertilizer, banking and oil sector scrips played a catalyst role in positive activity at KSE despite concerns for rising inflation in the country, said Ahsan Mehanti, Director at Arif Habib Investments Limited. Taking lead from the international equities and oil markets, the local bourse, through syndicated efforts by both local corporate and resident participants sustained the bull-run, wherein OGDC played a major role by contributing 73 while Nestle on a trade of less then 400 shares added 49 points, thus making the sum of 122 points contribution by the mentioned stocks to the overall gains of 108 points, despite that the year-end portfolio dressing in various stocks was disallowed to set-in, mainly due to presence of sellers on strength, according to an analyst. Although, early turbulence that pushed the index in the negative zone was, soon overpowered mainly through fresh influx by corporate participants, in the stocks likely to continue growth in earnings and payouts, while speculative activity in index heavy weights provided the low volume support to the benchmark, prolonged stagnation kept the sellers active in frontline stocks, regardless of fundamentals, he added. APP adds from Islamabad: Islamabad Stock Exchange (ISE) witnessed bullish trends here on Thursday, as the ISE-10 index was up by 39.82 points to close at 2722.83. A total of 46,184 shares were traded, which were up by 18,984 shares when compared with previous days trading of 27,200 shares. Out of 130 companies share prices of 67 companies recorded increase, share prices of 63 companies registered decrease while that of zero company remained stable. The share prices of Siemens Pakistan Engineering increased by Rs. 51.73 per share, while the share prices of Unilever Pakistan decreased by Rs. 154.64. Engro Corporation, Fauji Fertilizer, Bin Qasim and Samba Bank Limited remained the top trading companies in Thursdays trading with 14,000, 10,000 and 10,000 respectively.