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Stocks flat on virus fears, political unrest
Business
April 14, 2021
KARACHI: Stocks on Tuesday flatlined in a range-bound trade as investors played safe given the rising Covid infections and a brewing political unrest, dealers said.
Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index gained 0.16 percent or 70.52 points to close at 45,048.57 points. KSE-30 shares index shed 0.03 percent or 6.45 points to close at 18,436.44 points.
An analyst at Pearl Securities said the benchmark index witnessed squiggly movement amid a political rift from a religious party representative while Covid continued to strike as Pakistan registered 4,318 new cases and 118 people lost their battle against the lethal virus. ....

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