KARACHI - Buying activity boosted the upward movement of the equity market on the last day of the week and the KSE-100 index added further 134 points to close at 8,108 points on Friday. Foreign interest in telecom sector and expectation of record result announcements by oil exploration companies next week played a catalyst role in positive activity at the KSE. Furthermore, approval of Bhasha Dam project was taken positive for cement industry. The index became unstoppable and speedily reached the 8,000 points level, and even after crossing the 8,000 level, it crossed 8,100 as well before closing at 8,108 points. Apart from that, volumes did recover a little bit. The news related to announcement of reinitiating the leverage market turned the investors in relived mood. Most likely the liquidity may return to the market after the proposed leverage product in place. Leverage is just like a blood, which actually fuel the running of the stock market, expressed Bilal Asif at HMFS. Speculation is a part of market as well short term traders provide comfortable entry and exit to the stock market participants, Bilal added. The index kicked-off the day with a gain of 24.69 points and market witnessed intra-day high of 8,188.16 points on Friday. Moreover, KSE capitalisation witnessed an increase of Rs 38b. The KSE 30-index also remained positive and closed at 8,592.70 points with a gain of 151.55 points. Trading activity was healthier as compared to the last trading session while the market volume inched up to 125.987 million shares against last trading sessions 100.581 million shares. Total trading value of the local equity market remained Rs 5.375b as compared to last trading sessions Rs 5.191b. Market capitalisation increased to Rs 2.385tr as compared to last trading sessions Rs 2.347tr. Of 354 actively traded scrips at the stock exchange, 231 gained value, 104 declined and the value of the shares of 19 cos remained unchanged. HBL results were more or less according to the expectation, still HBL stock has to regain some more ground. PTC narrowly missed the 20 mark on the back of technical grounds as the stock hit the ceiling. NML gradually moving forward as most of the investors ignored the stock for quite sometime. Earlier, OGDC hit the Rs95/share mark but witnessed tough resistance at the same level. Nishat power under the spot light as after a long time one of the major group is likely to offer its Power company shares to the market. After a long gap, PTCL was crowned as the volume leader of the day with the trading of 12.659 million shares on Friday, followed by Bank Al-Falah with8.911m shares, Japan Power 7.475m shares, NML 5.494m shares, Lucky Cement 4.378m shares, AHSL 4.318m shares, DGKC 4.254m shares, OGDC 3.222m shares, JSCL 3.132m shares, Adamjee Insurance 2.879m shares namely. Prominent gainers at the KSE include Unilever Pak, up by Rs109/share to close at Rs2,289, Bata Pak added Rs35.25, closing at Rs740.25, Fazal Textile gained Rs12.72/share and its total value was improved to Rs390.55, Pak Services up by Rs9.84/share to close at Rs206.76 with a small turnover of 387 shares, PSO added Rs7.36/share and closed at Rs273.40. On the other hand, Siemens Pak Engineering lost Rs46.50/share to close at Rs1,072.50, Treet Corporation down by Rs25.34/share, closing at Rs481.58 with the trading of only 1 share, Wyeth Pak lost Rs22.82/share and its value was decreased to Rs1,174, Mithchells Fruit down by Rs3.94/share to close at Rs75.02, Sitara Chemical lost Rs3.95/share and closed at Rs163.10.