The local capital market began its week on a negative note as bears suppressed the market to 12, 289 level, down by 64 points.Trade looked dull at the share market as institutional investors stayed out of the session due to their financial year-ends today (Monday).Early trade witnessed many blue chip scrips trading near or at lower locks -- sending 100 index to its intra day low of 12,256.Dealers said the absence of banks and mutual funds from the day's trade reduced daily volume to 111 million shares.