KARACHI - Intense selling pressure witnessed on uncertainty in European debt crisis, as most Asian capital markets declined on foreign selling, and the benchmark KSE 100-index closed at 10,209 level, down by 79 points. The market opened in the positive zone on Tuesday, but due to lack of traders participation, it was unable to attain high level. Volumes stood at 111 million shares, 54pc higher than Monday. Despite expectations of a rebound in the local market, after witnessing the same in the international markets yesterday, lack of interest from locals and foreigners kept the market dull for most of the day especially towards the end. Selling pressure hit the market as the market went down by 0.9pc with low volumes. LOTPTA led the volumes with 20m shares, the share lost 6.6pc to close at Rs10.57. The KSE 100-index opened in green zone with a gain of 46.92 points and at the end of the day closed at 10208.81 with a loss of 79.33 points. KSE 300-index closed at 10298.84 with a loss of 77.94 points. KMI 30-index closed at 15452.35 with a loss of 111.57 points. All shares index closed at 7181.67 with a loss of 55.90 points. Trading activity was better as compared to the last trading session as the ready market volume stands at 11.098m as compared to last trading session 72.360m. Future market volume however stands at 2.514m shares as compared to 1.867m shares last trading session. Market capitalisation stands over Rs 2.886tr, as total trades increase to 61,171 as compared to last trading session 48,981, while 156 companies advanced, 248 declined and 18 remained unchanged. Highest volumes were witnessed in LOTPTA at 19.715m closed at Rs10.57 with a loss of Re0.75 followed by NIB at 9.052m closed at Rs 3.80 with a loss of Re 0.23, LPCL at 7.214mnclosed at Rs 3.20 with a loss of Rs0.20. Ahsan Mehanti at Shehzad Chamdia Securities said 'fall in international oil prices, limited institutional support and rising global capital market uncertainty played a catalyst role in negative activity at KSE. Index heavy weight OGDC however kept the benchmark positive, underlying nervousness due to various economic, political and judicial issues added to the nervousness that has CGT implementation and shallowness as main ingredients. Hasnain Asghar Ali, at Aziz Fida Husein, said 'with days numbered before the dragon of uncertainty scares even the day traders, caution is recommended, as declining turnover and value of trades will give ongoing summer sale an extension, selective and calculative accumulation is therefore recommended, with sell in expensive stocks.