KARACHI: As the global markets managed to absorb the shock of Paris attack and moved towards recovery on Tuesday, the local bourse followed the suit. The KSE100 index added 119.46 points (0.35 per cent) to close at 34,065.87.

Volumes increased to 191 million shares from 131m shares, and the value jumped to Rs7.2 billion from Rs5.7bn a day ago, as some of the big-cap energy stocks made their way to the volume leaders list.

Dealers on the sales desk at Global Securities agreed that in line with regional markets, the index bottomed out during the previous day, opening up enticing valuations.

Positive sentiments were witnessed in the cement sec-tor on news of a potential challenge against anti-dumping duty on Pakistan by theSouth African government.

Major gainers in the sector were DGKC (1.02pc),LUCK (0.39pc) and KOHC (2.49pc).

The cement sector also ral-lied buoyed by optimism over the CPEC as a government minister said that the west-ern route of CPEC would be completed by Dec 2016.

Oil sector remained in the limelight, owing to 2.4pc surge ininternationalcrude prices.

HBL (1.55pc) and MARI (4.91pc) clocked the uppercircuit on anticipation of higher earnings while SSGC (0.55pc) witnessed intra-day selling due to delay in earnings announcement.

The rally in MARI continued as investors speculated that the government could allow the company to price new discoveries at higher prices under Petroleum Policy 2012.

`The market moved up following a bounce back in regional markets though profit-taking was also witnessed tostrengthencapped intraday gains,` commented analyst at a major brokerage house. The major index movers were HBL and PSO (up 1.15pc).