KARACHI (Reuters) The Karachi stock market ended more than 0.80 percent higher on foreign and institutional buying. The KSE benchmark 100-share index closed 0.83 per cent, or 91.81 points, higher at 11,162.39. Volume was 74.19 million shares, compared with 53 million shares traded on Tuesday. Stocks closed higher at KSE on renewed institutional and foreign interest in oversold market led by blue chip fertilizer and banking sector shares, said Ahsan Mehanti, director at Arif Habib Investments Ltd. Meanwhile, Islamabad Stock Exchange (ISE-10) on Monday witnessed bullish trend as the index closed at 2412.60 with the 35.15 points higher when it was compared to previous days trading. Senior Equity Dealer, Ismail Iqbal Pvt Ltd, Zaheer Ahmed told APP that the major participation of investors caused positive sentiments in the local markets after Eid holidays. He said that majority of these were intra-day traders who took positions at the opening of local markets and at end of day, they off-loaded their major positions for profit-taking. He added that the local market remained at oversold stage due to consecutive bearish trend during Ramadan. Stock Analyst and member, Association for Investors Awareness, M.M Hassan told APP that despite bearish trend in international market, the institutional buying supported local stocks at attractive values of scrips at lower level of index. He said that NETSOL remained favourite scrips in the local market because of the best dividend yield. He added that major buying was witnessed in Pakistan Petroleum Limited (PPL), Pak LOTPTA PTA and Fauji Fertilizer Corporation (FFC) for long term investment. Total shares traded were 71,799, which was down by 75,483 as compared to previous days trading. Out of 123 companies, the price of 66 was increased while the price 57 decreased.