KARACHI - Cricket world cup jubilation influenced the trading pattern at the local equity market as the KSE-100 index added 18 points to close at 7,057.26 points on first business day of the week Monday. Although the victory in cricket has no direct impact on the economic fundamentals, the wave of optimism across the nation, however, did influence the trading which unfortunately continues to trade below potential, mainly due to absence of ready board leverage. The benchmark remained positive throughout the trading session, however, market added only 18 points to close at 7,057.26 points after touching days highest level of 7,133.53 points on Monday. Buying in the index heavy weights OGDC and MCB (that contributed 30 percent to the turnover and 45 points in the benchmark) mainly by the seasoned participants allowed the indices to reflect positivism, while the developments over the week-end invited support in the relevant stocks on dips. Low volume stayed a matter of concern since the sentiment builders were the seasoned players. Support fund, however, stayed active in the identified stocks, thus restricting any major turbulence. Trading activity was somewhat improved with a turnover of 98.404 million shares as compared to last trading sessions 96.955 million shares. Total trading value of the stock market increased to Rs5.746b on Monday against Rs4.920b of last trading session on Friday. Market capitalisation moved up to Rs2.091 trillion, showing an increase of over Rs3 billion. Of 313 actively traded shares at the Karachi stock market, only 101 managed to advance, 193 declined while the worth of 19 symbols remained unchanged. E&P giant OGDC was crowned as the volume leader of the day with a turnover of 15.128 million shares. Other well-traded shares were DGKC with 9.913m shares, PTCL 5.927m shares, MCB Bank 4.379m shares, JSCL 4.290m shares, Pak Petroleum 4.238m shares, AHSL 3.878m shares, NBP 3.809m shares, HUBCO 3.568m shares, Fauji Fertilizer 3.456m shares namely. Prominent gainers at the KSE include Bata Pak, up by Rs29.04/share and closed at Rs613.95 with the trading of only 200 shares, Unilever Pak gained Rs27.96/share, closing at Rs1,955.02, Nestle Pak added Rs17.39/share to close at Rs988.64, Pak Services up by Rs6.15/share and its value was improved to Rs132.50, National Refinery added Rs6.08/share and closed at Rs216.29, MCB Bank gained Rs4.96/share to close at Rs147.02. On the other hand, Siemens Pak Engineering lost Rs52.50/shate, closing at Rs997.50 with a turnover of only 100 shares on Monday, Indus Motor down by Rs5.79/share to close at Rs110.18, Sanofi-Aventis down by Rs5.78/share and its value was decreased to Rs110.65, EFU Life lost Rs3.59/share and closed at Rs102.39, Service Industries down by Rs3.02/share and closed at Rs104.50, GlaxoSmithKline Pak lost Rs2.97/share and closed at Rs126.62. Support assured by the Ministry of Finance regarding the amendments proposed by the business chambers in the federal budget 09-10, mainly on reinstating the presumptive tax regime for exporting concerns and reduction in WHT on imports, the proposal forwarded by Petroleum Ministry to ECC of increase in deemed duty from current 7.5 percent to 10 percent under new head kept buyers attentive for opportunities in the sector stocks, stated Hasnain Asghar Ali of Aziz Fidahusein and Co.