KARACHI The bears returned to the Karachi shares market on Friday due to foreign selling. The KSE 100-share index lost 81.27 points or 0.69pc to close at 11648.14 points. The KSE 30-index lost 126.59 points or 1.41pc to close at 10,932 points. Ahsan Mehanti, Director Arif Habib Investment, said that bearish activity was witnessed in stocks across the board on institutional profit taking ahead of SBP policy announcement next week. Major fall in global stocks and commodities on concerns for US economic growth and Europe debt crises affected the investor sentiment. Samar Iqbal said that fall in global equity markets and local political issues kept investors on the sidelines. Profit-taking was seen in heavy weight OGDC, which contributed 34 points to index decline. The day turnover declined by 45pc to 28.16 million shares against 50.79 million shares traded on Thursday. The overall market capitalization fell by Rs 20 billion to Rs3032 billion. Fauji Fertilizer Bin Qasim was the day volume leader with 3.53 million shares turnover and fell by Rs1.94 to 56.55. It was followed by Bank Al-Falah with 3.17 billion shares. The stock closed at 12.01with a gain of 2 paisas. Oil and Gas Development Company traded 1.36 million shares. It closed at 153.21 with a loss of Rs1.34. Nestle PakistanXD and Bata were the highest gainers and increased by Rs116.60 and 18.74 to close at Rs 2876.54 and Rs 788.74 respectively.