KARACHI  - After two days of post election rally market saw volatility and ended up by close to 100 points.

At local equity market benchmark KSE-100 share index up by 92.07 points or 0.45 percent to end the day at 20,566.69 points compared to 20,474.62 points of the previous day. 

Aggressive profit-taking was seen by the local investors to book gains in OGDC and PPL. Foreigners favorite MCB once again closed to upper limit helped index to rise, dealers observed. KSE-Allshare index shed by 15.11 points or 0.10 percent to close the day at 14472.15 points, KSE-30 share index added 46.73 points or 0.29 percent to close the day at 16008.20 points while KMI-30 share index gained 0.48 percent to stop the day 34858.99 points.

Stock traded 418 million shares on Wednesday compared to 299.900 million shares of the previous day and the value of traded shares was climbed to Rs 12.119 billion from Rs 9.757 billion. The capitalisation of Karachi bourse settled at Rs 4.994 trillion after opening at Rs 5 trillion.

During the session 389 companies participated in the business where 196 closed in positive and 180 in negative while the value of 13 stocks remained intact. Rafhan Maize XD and Indus Dyeing SPOT led upward trend increased by Rs 211.09 to Rs 4448 and Rs 20 to Rs 495. Bata (Pak) and Wyeth Pak Limited were the top losers of the day decreased by Rs 93 to Rs 1767.01 and Rs 11.50 to Rs 1488.83.

Active list was again topped by Bank of Punjab XR with 34.638 million shares as it close at Rs 11.80 after opening at Rs 11.31. KESC was on the second position with 27.756 million shares added Re 0.80 to Rs 6.26. It was followed by Japan Power with 27.212 million shares up by Rs 1 to Rs 3.02, Southern Electric with 24.608 million shares gained Rs 1 to Rs 2.57 and Pakgen PowerXD with 22.738 million shares higher by Re 0.60 to Rs 20.14.