KARACHI - The Karachi stock Exchange opened in green zone on Thursday and at the end of the day closed at, 10634.18 with a loss of 69.17 points. KSE-30 index closed at 10201.18 with the loss of 67.76 points. KMI-30 index closed at 16749.58 with a loss of 79.07 points. All shares index closed at 7410.45 with a loss of 44.55 points. Trading activity was minimal as compared to the last trading session as the ready market volume stood at 10.99 million as compared to the last trading session 14.21 million. Future market volume, however, stood at 3.66 million shares as compared to 3.50 million shares in the last trading session. Market Capitalisation stood over Rs 2.914 trillion. 176 companies advanced, 209 declined and 22 remained unchanged. Highest volumes were witnessed in National Bank at 12.17 million closed at Rs.67.72 with a loss of Re 0.96 followed by Lotte Pakistan PTA 11.38 million closed at Rs 10.32 with a gain of Re 0.15, Nishat Power Ltd at 7.94 million closed at Rs.15.56 with a gain of Rs 1.00. An analyst said that low volumes despite contribution from below par stocks, forced the index in the deep red zone although panic was yet again averted by disallowing unprecedented decline in the benchmark. He added that while losses in main board stocks were duly reduced towards the end through minimal turnover required for pulling the main board stocks from deep losses thus affecting the benchmark in a positive manner. He further said rallies in low priced stocks contributed by proprietary traders however, did offer short-term trading opportunities, trading band, however, squeezed further to nickels and cents, thereby clearly disallowing the outsiders from making successful intra-day bets. He said that the ability of the local bourse to gain more than 3 percent in back to back sessions with decent turnover that stayed descending and sustain, terms the negativity as a technical correction. He said, however, in this densely polluted economic, financial and various fronts in case of further stringent measures in the proposed MTS mainly on the exposure front will undoubtedly not only make the product dormant, the impact on the local bourse will be quite loud, since the ongoing attempt is the last ray of hope, in order to allow the local bourse to trade in a larger orbit with high probability of price discovery and greater depth.