KARACHI - The stock market ended lower on Thursday as local fund managers seemed sceptical about market performance and preferred to sell or remained on the sidelines. The KSE 100-index, which opened in the green zone with a gain of 46.65 points, closed at 10127.03 with a loss of 19.24 points. The KSE 30-index closed at 10453.66 with a loss of 22.00 points. The KMI 30-index closed at 15272.38 with a gain of 11.39 points. All shares index closed at 7135.11 with a loss of 15.63 points. Ahsan Mehanti at Shehzad Chamdia Securities said, Limited interest of foreign investors, fall in international oil prices on rising investments, limited expectation of significant change in monetary policy announcement this week & renewed concern over rising circular debt in the energy sector played a catalyst role in negative activity. Hasnain Asghar Ali at Aziz Fida Husein said, Chances of adjustment on the last session of the week ahead of monetary policy announcement, stays on the higher side, therefore capitalizing early gains may prove prudent, for short-term trades. Trading activity was minimal as compared to the last trading session as the ready market volume stood at 156.699m as compared to last trading sessions 160.302m. Future market volume, however, stood at 10.088m shares as compared to 9.094m shares of last trading session. Market capitalization stood over Rs2.871tr, as total trades decreased to 88,412 as compared to last trading sessions 90,266, while 165 companies advanced, 213 declined and 20 remained unchanged. Highest volumes were witnessed in WTL at 12.486m closed at Rs4.72 with a loss of Rs0.05 followed by DGKC at 12.149m closed at Rs30.98 with a gain of Rs1.11, LOTPTA at 9.516m closed at Rs10.91 with a loss of 0.13.