OUR STAFF REPORTER KARACHI Bulls returned to the Karachi stock market on Thursday on expectations of further cut in interest rate in the upcoming monitory policy. The KSE 100-index increased by 95.44 points and closed at 11729.41 points. Investors participation also increased as the trading volume increased to 50.796 million shares. Trading took place in 321 stocks out of which 129 advanced, 103 declined while the value of 89 stocks remained intact. Bank Al-Falah was on top with 8.073 million shares and increased by Re0.04 to close at Rs11.99, followed by Fauji Fert Bin Qasim with 5.891 million shares which closed at Rs58.49, up Rs1.34. Jahangir Siddiqi Company increased by Re0.14 and closed at Rs5.54 with 3.405 million shares. Rafhan Maize Product and Bata (Pak) Ltd were the highest gainers and increased by Rs84.59 and 24.93 to close at Rs2684.75 and Rs770.00 respectively. APP adds from Islamabad: Islamabad Stock Exchange on Thursday witnessed bullish trend as the ISE 10-index gained 39.45 points to close at 2675.18. An analyst said that the positive sentiments in the markets existed because the investors were expecting the cut by 100 basis points (bps) in the forthcoming monetary policy to be announced at end of this month. Another analyst said that the major buying was witnessed in the markets because the price of scrips came down against its payout ratio in local bourse due to consecutive bearish trend. Fertilizer and oil sectors remained favorite scrips for the investors, he added. Total volume of shares traded was 68,500, which was up by 49,700 as compared to the previous days trading. Out of 114 companies shares traded, the price of 63 increased while the price of 51 decreased. The price of top gainer Pakistan Oilfields (POL) increased by Rs.7.30 while the price of top loser Packages Limited decreased by Rs.2.97. Fatima Fertilizer, Arif Habib Corporation (AHCL) and Bank of Punjab (BOP) remained volume leaders, with volumes of 25,500, 15,800 and 10,500 shares respectively.