KARACHI - The stock market recovered some losses on Tuesday on hopes of healthy corporate results, but investors were cautious because of a potentially destabilising dispute between the Supreme Court and the president. The Karachi Stock Exchange (KSE) benchmark 100-share index, which opened in the green zone with a gain of 2.36 points, ended 0.70 percent, or 67.87 points, higher at 9,769.68. Volume was at a one-month low as 74.3 million shares were traded. On the other hand, the KSE 30-index closed at 10117.86 with a gain of 80.89 points. The KMI 30-index closed at 14370.24 with a gain of 77.50 points. All shares index closed at 6932.53 with a gain of 50.43 points. Trading activity was minimal as compared to the last trading session as the ready market volume stood at 120.588m as compared to last trading sessions 131.621m. Future market volume, however, stood at 1.442m shares as compared to 1.443m shares of last trading session. Market capitalization stood over Rs2.812tr, as total trades decreased to 77,456 as compared to last trading sessions 78,431, while 251 companies advanced, 132 declined and 29 remained unchanged. Highest volumes were witnessed in DSFL at 8.207m closed at Rs2.81 with a gain of Rs0.15 followed by JSCL at 7.671m closed at Rs27.95 with a gain of Rs1.04, LOTPTA at 6.842mn closed at Rs10.55 with a gain of 0.03 Ahsan Mehanti at Shehzad Chamdia said, Expectation of early launch of leverage product after KSE and SECP agreements and successful meeting with IMF officials with the finance ministry delegation for release of 5th tranche for Pakistan Economic Support played a catalyst role in positive activity despite rising political uncertainty in the country ahead of Feb 18 hearing on Suspension of presidential orders. Some news that affected the trading activities were: KSE, SECP agree on leverage products; NRO beneficiaries transferring big sums abroad; NIT profits for 1st half; and agricultural income tax in next budget. Moreover, couple of announcements in the textile sector was well received by the local investors, except for the leading stock of the sector, NML wherein post announcement selling pushed the stocks price in deep red, thereby denting the sentiment further. Hasnain Asghar Ali, a market expert, said, 'With triggers not visible, various issue having the capacity of creating tremors existing unsettled, sustainability of the main board stocks at comparatively higher multiples is therefore doubtful, while availability of stocks managing decent growth in revenue and payouts at intraday lows, is an opportunity so will be the technical calls in various cornered and speculative stocks, with identified stop losses.