The overnight bearish sentiments proved short-lived as a surge in merchandise exports with a sharp contraction in trade deficit during December and a stable rupee fuelled selective buying propelling the benchmark KSE 100-share index above 65,000 level in the intra-day trade. The benchmark index witnessed wild swings posting an intra-day high of 895 points to 65,244.60 and a dip of 130.06 points