LAHORE - Business in Karachi Stock Exchange (KSE) on Wednesday again remained very slow, dull and limited while volume of trade, though witnessed an upward trend, held at a low level. The benchmark KSE 100-index witnessing no change closed at 9,187.10 points after investors remained on the sidelines. Though KSE Board again is going to review afresh the 'floor' mechanism on Thursday (today), The members would review the matters relating to the extension or removing of the 'floor' index and market support fund. A KSE Director on the condition of anonymity apprised that it is expected that the decision by Board members meeting would most probably to give further extension to the 'floor' index until December due to the non-availability of market support fund. Keeping in view the mood of members of the KSE board, floor mechanism would not be removed even in the December, traders and brokers have had no option but remained sit aside and virtually there was no business activities in the bourse on Wednesday and investors stayed out of the trading arena to protect themselves from further losses. Though KSE stakeholders and SECP combined with government authorities held various marathon meetings to stabilise and rebuild the confidence of foreign as well as local investors but so far all in vein. Wrapping up the debate, the brokers and analysts with their firm belief said unless hurdles including liquidity shortage and floor mechanism are not removed, the benchmark index would remain dry and flat in the coming business days as investors and brokers are in no mood to actively take part in business activities rather they would prefer to sit aside. The trading volume tough showed an upward trend in size but it remained significantly low of 47,100 shares on Wednesday as compared to 44,600 shares on Tuesday trading. Flying Cement was the scrip which led the market volumewise on Wednesday. Total only 14 scrips traded in the bourse in which no scrip recorded fall in the advance category while three scrips sustained losses and four scrips remained unchanged out of total 7 scrips traded. The highest trading on Wednesday was seen in the scrip of Pak Com Leas which remained unchanged closed at Re 4.32 with volume of 22,000 shares followed by Stand Chart Mod which lost its value to Re 0.09 closed at Rs 8.61 with volume of 10,000 shares while Habib ADM also lost its value to Re 0.50 closed at Rs 9.40 with volume of 8,000 shares. TRG Pakistan and UDL Mod remained unchanged closed at Rs 3.82 and Rs 34.06 with volumes of 3,500 shares and 2,000 shares respectively. Gharibwal Cement also lost its value of Re 0.24 closed at Rs 17.75 with volume of 1,500 shares while Gatron Industries remained unchanged closed at Rs 44.10 with volume of 100 shares. Meanwhile, the KSE-30 index remained unchanged and closed at 9981.93 points and KMI-30 index with no change closed at 11224.18 points. While, LSE witnessed upward trend as LSE-25 index closed at 2825.36 gaining mere 0.02 points. Total turn over also witnessed downward trend and only 500 shares were traded on Wednesday trading. In all the 76 companies transacted on the day, no scrip could move up and no scrip moved down and rates of all other scrips remained unchanged. PASL was the sole scrip traded in the LSE market which remained unchanged closed at Rs 13.61 with volume of 500 shares.