KARACHI - The stocks fell on Thursday as investors remained concerned about the implementation of new margin trading system approved by the SECP the previous day. Approval of MTS is indeed a good omen for the local bourse, despite being on slightly expensive side. The ready board leverage besides having the capacity of subsiding various economic threats will allow the main board stocks to trade at improved multiples. The KSE 100-index closed at 10,017.14 points with a loss of 29.43 points. The KSE 30-index closed at 9842.02 with a loss of 19.03 points. The KMI 30-index closed at 15591.50 with a loss of 15.93 points. All shares index closed at 6995.05 with a loss of 18.61 points. Trading activity was minimal as compared to the last trading session as the ready market volume stood at 9.210 million as compared to last trading sessions 99.943 million. Future market volume however stood at 2.351 million shares as compared to 2.418 million shares of last trading session. Market capitalization stood over Rs2.783trillion. 172 companies advanced, 171 declined and 6 remained unchanged. Highest volumes were witnessed in Nishat Chunn Co at 9.250 million, closed at Rs10.45 with a gain of Re0.20, followed by Jah Sadd Co at 8.091 million, closed at Rs10.64 with a loss of Re0.01, and Lotte Pakistan at 5.694 million, closed at Rs8.56 with a gain of Re0.02. The analysts said, display of strength was initially quite evident due to renewed buying in main board stocks. However, rumors linked to likely amendments kept the marketmen indecisive on one end while float being offered from the corporate corridors. They added that those who have been accumulating way ahead of meeting disallowed the bulls to offer resistance. Post-stagnation meltdown forced the index to enter red zone. The hanging sword of proposed amendments therefore kept the less privileged at the mercy of the well informed. The added that dips however invited cautious accumulation, while speedy approval and dispatch of $450 million by IMF for infrastructural development and likely approval for greater market access to the local produce by EU did allow the likely beneficiaries to invite renewed buying interest. They further said although issues linked to economy, financial shortcomings and increasing trend in interest rate scenario is unlikely to invite sideliners besides keeping the upside confined, main board stocks having the potential to trade at improved levels will however allow return of quality turnover, increase in thereon. They added that with assurance of the approved product in place intra-day dips in main board stocks can be capitalized, for placements while technical call can be entertained for short term trades as well, stocks having the potential of trading at improved multiples are likely to rejoin the volume leaders stream.