KARACHI - The Karachi stock market witnessed positive activity on institutional support and continuing foreign interest ahead of major earning announcements next week. The Karachi Stock Exchange 100-index closed at 10,029.36 points with a gain of 4.50 points. The KMI 30-index 15756.61 points with a gain of 24.90 points. All share index closed at 7,000.21 points with a gain of 24.90 points. Trading activity was minimal as compared to the last trading session as the ready market volume stands at 5.968 million as compared to last trading session 6.341 million. Future market volume, however, stands at 5.968 million as compared to previous session at 6.341 million. Market capitalisation stands over Rs 2.772 trillion. 163 companies advanced, 193 declined and 43 remained unchanged. Highest volumes were witnessed in Amtex Limited at 5.25 million closed at Rs 15.67 with the loss of Rs 0.21 followed by Jah Sidd. Co at 5.00 million closed at Rs 9.13 with the loss of Rs 0.09. Ahsan Mehanti rising international oil prices near to $ 82, record earning announcements in Pakistan oil & gas sector, expectation of early launch of leverage products kept investors sentiment positive despite concerns for economic uncertainty, rising non-performing loans in the banking sector on flood losses & rising CPI inflation in the country. Hasnain Asghar Ali said accumulation and hand shift in the main board stocks on opening (can be termed as accumulation in haste) did allow the benchmark to reflect positive, activity, however failed to inspire the sentiment, thus disallowing improving in volumes. He said lack of interest shown by the local participants despite rising trend in international oil prices, clearly depicts that the local stakeholders are more bothered of the negative fallout of the commodity on the local economy, that is already under severe pressure mainly on the financial front, thus disallowing shift in the strategy of sell-on strength. He added that with offshore participants staying sellers in their once favourite stocks, even the prospective buyers form the locals continued to stay on the back foot, intra-day dips, whispers on foreign buying in selected stocks, accumulation for placements and crossings in side and made board stocks, however, kept the proprietary traders activity alive.