KARACHI - Despite low volume of under 100 million shares, KSE-100 index managed to remain in green zone, adding 43 points to close at 7,206 points on Monday. The bullish momentum lost its pace on opening as the list of suspended members was released over the week-end. The view that suspension can lead to downpour of their holdings in the local bourse by the KSE management held as deposits to settle the claims, therefore restricted the movement in the early hours, expressed research analyst Hasnain Asghar Ali. Announcement of emergent board meeting by PTC for entitlement invited renewed buying activity in PTC, since OGDC and PPL are expected to out of the way with dividend announcement in the year end results to support the governments fiscal issues, likely hood of reduction in discount rate by 150-200 bps in the upcoming monetary policy announcement added to the demand of dividend paying stocks. Buying spree in the stocks not only allowed the turnover to keep ticking, heavy weight of PTC, PPL and OGDC allowed the benchmark to maintain positive posture. The benchmark-100 index was positive in the opening, up by 19.16 points and maintained the positive momentum till the end of the trading session, closing at 7,206.17 points with a gain of 43.13 points on Monday. Trading activity was again dropped below 100 million shares and the ready market volume decreased to 95.747 million shares as compared to last trading sessions 152.664m shares. Total trading value of the market remained Rs4.233b as compared to last sessions Rs5.855 billion. Market capitalisation inched up to Rs 2.134tr against Rs 2.120tr of last trading day, showing an increase of Rs 14b in just one day. Out of 303 actively traded symbols at the KSE, 145 advanced, 143 declined and the worth of 15 stocks remained unchanged. Surprisingly, PTCL was the volume leader of the with a turnover of 13.282 million shares on Monday, followed by AHSL with 6.298m shares, Lucky Cement 5.938m shares, JSCL 4.523m shares, MCB Bank3.694m shares, Azgard Nine 2.879m shares, Zeal Pak 2.592m shares, Netsol 2.457m shares, Nishat Mills 2.057m shares. Leading gainers at the stock market include Nestle Pak, up by Rs42.71/share to close at Rs1,149.45 with a turnover of only 100 shares on Monday, Unilever Pak gained Rs20.67/share and closed at Rs1,930.70, Fazal Textile added Rs14.18/share and its value was improved to Rs350, Lakson Tobacco up by Rs7.57/share, closing at Rs159.07, Pak Refinery gained Rs4.09/share to close at Rs85.90, IGI Insurance up by Rs3.58/share and closed at Rs90.58, MCB Bank added Rs3.50/share to close at Rs158.53. On the other hand, Bata Pak lost Rs22.50/share and closed at Rs607.50 with the trading of only 200 shares, Shezan International down by Rs5/share to close at Rs116, Attock Petroleum lost Rs4.16/share and its value was decreased to Rs316.38, Millat Tractor lost Rs4.02/share, closing at Rs280, Pak Services lost Rs4/share and closed at Rs118.60, Mari Gas lost Rs2.73/share and closed at Rs150.77. Although the talks of activating the deliverable forward is at least a step forward to address the leverage issue at the local bourse, it should however be kept in mind that when DF were suspended the forward hardly invited any turnover for two months prior to being suspended, thereby chances are high that future, even when made available might take some time to invite activity.