PSX turns bearish over Covid concerns

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The Pakistan Stock Exchange (PSX) turned bearish on Friday over Covid-19 concerns, with the benchmark KSE-100 Index shedding 120.39 points (-0.25 percent) to close at 47,672.68 points.

The market opened on a positive note but switched to the red zone soon and remained under selling pressure throughout the session.

The KSE-100 Index traded in a range of 323.7 points, showing an intraday high of 47,930.5 points and a low of 47,606.8 points. —TLTP

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