KARACHI - The recovery in Dubai financial markets on Thursday was taken positively by the local investors, making the trading activity better as compared to the last session and the ready market volume surged to 118.91 million shares against the last session of 79.77 million shares, experts said. The Karachi Stock Exchange continued to show recovery, as the local investors remained bullish in oil and banking sectors scrips on their strong valuations. The KSE 100 Index opened in green zone with a gain of 21.13 points and at the end of the day closed at 8999.39 level showing a gain of 93.96 points. The KSE 30 index closed at 9467.24 level, with a gain of 108.95 points. All shares index closed at 6394.64 level, expressing a gain of 62.62 points. Market Capitalization stands over Rs. 2.603tr. Total trades increases to 71,813 as compared to last trading session 60,338. 226 companies advanced, 146 declined and 19 remained unchanged. Highest volumes were witnessed in BOP at 11.532mn closed at Rs. 17.10 with a gain of Rs. 1.00 followed by PAKRI at 8.792mn closed at Rs. 26.79 with a gain of 1.27, BAFL at 8.366mn closed at Rs.13.80 with a gain of Rs. 0.29. The companies gained share increase are Siemens Pak at the top with the gain of Rs30/share to close at Rs1349, Attock Petroleum secured the second position with Rs8.89/share gain that closed at Rs332.06, Nestle Pak up by Rs8.49/share and closed at Rs1198.50, Exide (Pak) gained Rs7.97/share with the close of Rs172.97. While the companies as Pak Engineering lost Rs 15.18/sahre at the close of Rs 288.82, Unilever Food at Rs 13.05/sahre closing at Rs 1335, Unilever Pakistan with the loss of Rs 9.99/share closed at Rs 2300.01, Indus Dyeing decreased Rs 9.07/share at the close of Rs 72.47. The news that are affecting the scrips are that government borrowing from State Bank of Pakistan up by 256 percent, Oil consumption up 15.6 pc in 5 Month of Financial Year 2010, Dubai share prices battered again and MLCF asked bankers to restructure financing. Hasnain Asghar Ali at Aziz Fidahusein & Co said that a 100 degree shift in the views of CFS eliminators has pushed the resistance to reintroduction of ready board leverage to absolute 0%. The development indeed became a reason for across the board activity. Arrest of ex BoP chief, as reported by media, did allow the stock to lead the turnover and gains, while other low priced and penny stocks contributed towards the cause. The stocks carrying reservations on payout and revenues, however, stayed glued to their opening levels. He further said that issues on high government borrowing and shortfall in revenue and export targets, rising trend in inflationary pressures, depleting value of local currency and mounting circular debt, will offer resistance to the smooth activity at the local bourse. While turnover will witness a considerable improvement, he added.