KARACHI: KSE-100 closed day with modest gain of 107 points, taking cue from recovery in global stock markets.

KSE-100 started session with positive momentum that helped index reach an intra-day high of 77,746.56, followed by some profit-taking that trimmed gains. In second half, bulls regained their position before some selling took place in final hour. At close, benchmark index settled at 77,191.34, up by 106.85 points or 0.14 percent. Volume on all-share index jumped to 600.9 million from 501.2 million session ago. However, value of shares declined to Rs 17.12 billion from Rs 21.06 billion in previous session.

Kohinoor Spinning was volume leader with 147.51 million shares, followed by Yousuf Weaving with 53.67 million shares and Hascol Petrol with 41.38 million shares. Shares of 443 companies were traded on Tuesday, of which 206 registered an increase, 176 recorded fall while 61 remained unchanged. Globally, equities in Asian emerging markets regained some footing after brutal global sell-off day earlier, but trade was cautious as investors contend with unwinding of yen carry trades and worries over slowdown in United States. An MSCI gauge of Asian emerging market equities outside of Japan rose as much as 1.7 percent to mark its best day since early June, after sliding 4.2 percent. An index which includes Japan bounced 3 percent as Nikkei staged solid recovery.