KARACHI - The stocks fell on Thursday as investors opted to book profits after the index gained more than 6pc in the last six sessions. Lack of interest from foreign investors also contributed in the slide of the index. The KSE 100-share index, which opened in the green zone with a gain of 28.95 points, closed at 10095.80 with a loss of 91.20 points. Volume fell to 91.69 million shares from 121.26 million shares traded on Wednesday. The KSE 30-index closed at 9981.95 with a loss of 96.55 points. The KMI 30-index closed at 15225.15 with a loss of 137.36 points. All shares index closed at 7072.98 with a loss of 60.01 points. Trading activity was minimal as compared to the last trading session as the ready market volume stood at 91.695m as compared to last trading sessions 121.264m. Future market volume however stood at 3.843m shares as compared to 5.894m shares of last trading session. Market capitalization stood over Rs2.838tr. Total trades decreased to 69,040 as compared to last trading sessions 78,224. 137 companies advanced, 208 declined and 24 remained unchanged. Highest volumes were witnessed in AHSL at 9.660m, closed at Rs33.99 with a loss of Re0.28, followed by NBP at 8.519m, closed at Rs69.72 with a gain of Rs1.18, and LOTPTA at 7.473m, closed at Rs8.60 with a loss of Re0.27. The analysts said bulls soon lost steam, and weakened further despite upbeat activity in frontline banking stocks, loud profit taking in E&P stocks along with cement stocks and the schedule of approval of the newly-proposed leverage. They said with salient features of the product unknown, the locals came on the back-foot, thereby leading to stagnation and then a bear-run, can be termed as a technical correction. They said accumulation on dips and prevailing levels by local corporate participants did restrict the decline, excitement however stayed subdued, the secrecy being maintained regarding the main features of the new proposed product have forced the local to stay more of followers. They said stagnation as expected allowed various issues hindering a swift growth in economy to dictate the participants, mainly inflationary pressures, may increase further due to the IMF condition that has been attached to release of new tranche. They said high government borrowings and the irking circular debt, since the mentioned issues will influence the monetary policy expected at the end of the running month the ingredients recommend tough time, with various outstanding political and inter-provincial matters. They further informed that being selective and calculative therefore stays the call, both for short term trades and portfolio investments, healthy trading volume and high volatility should capitalized, as such movement often offers various hedging opportunities, mainly within sector, a must in the scenario where the reasons for volatility are identifiable.