KARACHI: The benchmark KSE-100 Index after see sawing during today’s trade managed to close 138 points up to 11,157.

A day of choppy trade ended on gains at the Karachi Stock Exchange as investors continued to focus on battered financial sector scrips..

After a positive start, the indices retracted by mid-day. Declining international oil prices prompted investors to book profits in the energy sector.

However, fresh interest in financial sector helped the benchmark index retrace gains in later trade.

Market activity declined slightly to 143 million shares as against 180 million shares traded yesterday.

Market analysts expect changes in the much-anticipated market support fund to lend positivity to the market and help increase the outlay of EMOF beyond 20 billion rupees.

Meanwhile analysts expect investors to book profits ahead of the weekend after 4 consecutive days of gains at the bourse.