KARACHI - Despite strike call by political parties, pre-budget rally continued to attract investors at the stock market as the KSE-100 index gained 27 points on Monday. The bourse opened in the green zone, gaining 30.78 points and at the end of the day closed at 7,173.57 points. Investors took fresh positions in cement, telecom, fertilizer and oil refineries scrips on expectation of favourable Federal budget announcements. The 7,000 psychological level can be termed as a major stay for the market for a long period of time. The index breached 7,000 barrier but speedily recovered afterwards to contain itself above the mark. Stability factor is playing a major role, which restricted the index upward as well as downward movement. The index gained 88 points during the day but selling pressure restricted the gains. The volumes were little over the prevailing yearly average volumes. Investors at the stock market remained positive on oil marketing companies on limited fall of local petroleum prices. Gas-line deals with Iran taken positive for gas marketing companies, stated market expert Ahsan Mehanti. Trading activity was unhealthy as the ready market volume squeezed to 143.691 million shares on Monday as compared to last trading sessions 201.875 million shares on Friday. Total trading value of the stock market slightly increased to Rs6.479 billion against last sessions Rs6.193 billion. Market capitalisation stood up to Rs 2.126 trillion against Rs 2.118 trillion of last session. Out of 317 active scrips at the KSE, 175 gained value, as many as 124 lost and worth of 18 stocks remained unchanged. PSO stood firm with divine sprit maintaining its bullish wave while AICL nearly touched the highest level of the day. Cement semi twins Lucky and DGKC kept on travelling on a positive tide. Pak PTA was crowned as the volume leader with the trading of 17.765 million shares on Monday. Among other sound-traded shares were JSCL with 15.081m shares, DGKC 10.360m shares, Lucky Cement 5.825m shares, Arif Habib Securities 5.256m shares, Adamjee Insurance 5.199m shares, PTCL 4.891m shares, ODGC 4.653m shares, Attock Refinery 3.966m shares namely. Prominent gainers at the Karachi stock market include Siemens Pak, up by Rs44.50/share and closed at Rs964 with the trading of only 100 shares, PSO added Rs9.80/share, closing at Rs205.89, National Refinery gained Rs7.93/share and closed at Rs198.27, Attock Petroleum up by Rs7.43/share and its value was improved to Rs313.88, Millat Tractors added Rs6.57 and closed at Rs292.26, Mari Gas Company added Rs5.86/share and closed at Rs158.01. Conversely, Nestle Pakistan lost Rs47.10/share and its value was decreased to Rs902.90, Hinopak Motor down by Rs2.80/share and closed at Rs152, Atlas Battery lost Rs2.40/share, closing at Rs112.18, New Jubilee Insurance lost Rs1.93/share and closed at Rs49.51, Ahmed Hassan down by Rs1.49/share and closed at Rs28.50, MCB Bank also lost Rs1.48/share, closing at Rs166.66. Although local bourses have been exempted from any change in the tax structure, manufacturing concerns may witness change in tax structure leading to a higher cost of production.