PSX extends recovery drive despite flood warnings

KARACHI: Despite wa­­r­nings of super floods in Sindh following devastating monsoon rains in Pun­jab and Khyber Pakh­tun­khwa — bringing the rural economy to a halt, disrupting supply chains, and triggering a spike in perishable prices — the Pakistan Stock Exchange (PSX) extended its recovery for a second consecutive session on Monday.

The market defied macroeconomic pressures as investors........

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