KARACHI - Index closed positive at KSE on expectations for strong year end corporate results announcements. The KSE-100 index went up 12.51 points or 0.11 percent closing at 11477.12 points compared to 11464.61 points in the previous session. The KSE-30 index was declined by 56.32 points closing at 10598.16 points compared to 10654.48 points of the previous session; KMI-30 index was fell by 51.66 points and closed at 20968.95 points as compared to the 21020.61 points of the previous session. The KSE-Allshare index closed with a gain of 5.24 points closed at 7942.03 points as compared to the 7936.79 points of the previous session. Trading took place in 306 companies out of which 107 companies closed in positive and 114 in negative while the values of 85 companies remain intact. Fauji FertlizerXD was on the top with 4.393million shares and lose Rs1.14 to close at Rs157.69 followed by Lotte PakPTA with 3.575million shares increased by Re 0.38 to close at Rs9.56. Azgard Nine raised by Re 0.1 to close at Rs3.26 with 3.567million shares. Colgate Palmolive and Millat Tractors Ltd was the highest gainers and increased by Rs24.90 and 16.83 to close at Rs630.64 and Rs388.12 respectively. Expectations for early resolution of capital gains tax issues at KSE and improvement in Pak-US relations played a catalyst role in positive close at KSE said Ahsan Mehanti Director Arif Habib Investments. Index lost early gains in the trading session on institutional profit-taking on rising uncertainty in gas supply to fertilizer sector and concerns for volatile rupee dollar parity affecting foreign investment in Pakistan bourses, he added.