KARACHI - The stock market recovered some losses on Tuesday on continuing foreign interest in oil & gas and fertilizer sectors. The KSE 100-index closed at 10073.76 with a gain of 17.30 points. The KSE 30-index closed at 10306.65 with a loss of 26.80 points. The KMI 30-index closed at 15326.23 with a gain of 33.72 points. All shares index closed at 7111.60 with a gain of 8.06 points. Trading activity was minimal as compared to the last trading session as the ready market volume stood at 147.092m as compared to last trading sessions 148.585m. Future market volume, however, stood at 5.481m shares as compared to 6.048m shares of last trading session. Market capitalization stood over Rs2.861tr, as total trades increased to 82,283 as compared to last trading sessions 74,775, while 153 companies advanced, 235 declined and 23 remained unchanged. Highest volumes were witnessed in MLCF at 13.705m closed at Rs5.05 with a gain of Rs0.31 followed by LOTPTA at 12.257m closed at Rs10.91 with a loss of Rs0.19, ANL at 9.822m closed at Rs13.72 with a loss of 1.00. Ahsan Mehanti at Shehzad Chamdia Securities said, Rise in oil prices, increase in DAP sales data released by NDFC, expectation of early resolution of circular debt issue and positive expectation for release of IMF 5th tranche this April played a catalyst role in positive activity. The news that affected the trading activities at the market were: IMF likely to approve fifth tranche in April, SBP raises fiscal deficit forecast, SSGC seeks Rs 60 per mmbtu hike in tariff, Issuance of OGDCL bonds, and MCB Bank writes off Rs510mn loans in 09. While re-printing of news regarding issuance of convertible bonds by OGDC (without conversion rate) along with gains, attained through hand shift allowed the benchmark to manage positive numbers. Although activity usually follows high $ inflow, surprisingly the average rate traded by the off-shore participants is on the lower side. Hasnain Asghar Ali said, Besides concerns highlighted by the SBP in its review, have kept the number of variables to look for investments high, therefore a thorough exercise is essential before making investment decisions, nevertheless capitalizing, availability of stocks sustaining growth in payout and revenues may prove prudent.