LAHORE - Despite the announcement to remove the floor from equity market on October 27 by the board of directors, the market was never stir on the fourth consecutive day and remained flat. No activities was seen in the market with the obvious reason that investors did not take interest in trading again assuming wait and see policy. In volumes, UTP-Large Cap remained on top with traded volumes of 6.16 million shares with no change and closed at rupees 5.50. Southern Electric remained second in volume whose shares were traded only 2.12 million with down to rupees 0.30 closing at rupees 3.60 while the third was 1st Fid. Leasing and was traded 1.15 million shares down to rupees 0.10 closed at rupees 4.15. The benchmark KSE 100-index closed at 9,184.24 points without gaining or losing even a single point. While the total volume surged to 1.30m shares. Likewise, the KSE-30 and KMI-30 indexes again remained unaffected. According to detail, dealers informed that Board of Directors of the KSE has decided to remove the caps from market by October 27 with the normal trading parameters. The KSE board said stabilisation measures were being processed but would be implemented by the Ministry of Finance and the Securities and Exchange Commission before the floor was lifted. The proposed stabilisation measures by Board of Directors included an equity support fund amounting to over 30 billion rupees ($365 million), a personnel of stock exchange revealed. Some experts say that if government do not pour such amount into market, the market would falls sharply as soon as floor is removed. It would be not out of place to mention here that authorities had imposed a protective floor at 9,144 points on August 28 after sharp decline in points and colossal losses to investors. The KSE board said stabilisation measures are in the offing, however, the Ministry of Finance and the Securities and Exchange Commission would implement these measures before the floor is opened. However, experts are of the opinion that if the availability of funds would be poured in less, the index could fall further by 12 to 25 percent. It is to be noted than in the last three trading sessions the average volume in the off market was 7.8 million shares a session compared with 0.7 million traded on the normal counter. Off the market trading is being done up to 15 to 20 percent lower so as soon as the exchange opens four to five lower locks could be witnessed before the KSE adjusts itself, said an expert. Meanwhile on Thursday, the rupee weakened 1.7 percent to a record low of 82.07 to the greenback because of pressure from import payments and a weak economic outlook, said a dealer. The rupee was closed at 82.05/10 to the dollar and could also shake the confidence of the local investors Whereas, Lahore Stock Exchange (LSE) stakeholders have strongly protested on providing further 20 per cent margin and approved shares to brokers of Lahore from banks. They severely criticised the overnight changes in the rates of exchange to provide benefit to few Karachi stock brokers A senior LSE member revealed that these top brokers were themselves the financers in the crisis of 2005. They plundered 600 per cent exchange at that time. Now they are investors themselves and had made exchange rate reduced from 100 per cent to 24 per cent. He was of the view that the SECP has always made amendments in the rules to facilitate few top brokers of Karachi. The KSE-index closed on Thursday flat with turnover of 79,600 shares.