Observer Report
Karachi
The Pakistan Stock Exchange (PSX) ended the week on a flat note on Friday, with the benchmark KSE-100 index crawling up by nearly 5 points.
The index oscillated between red and green zones as certain sectors experienced selling pressure. Investors were concerned over rising Coronavirus cases, which prevented the market from advancing further.
Earlier, trading began on a positive note but unfortunately tables turned and the bourse failed to sustain the momentum with the first session remaining largely volatile. The second session also resumed in the green where bears and bulls tried to wrestle control of the market.
However, despite positive developments, the index slipped and finished with a meagre gain of 5 points.
