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 engaged in selective buying, helping the benchmark KSE-100 index surge by 1,353.34 points, or 0.91 per cent, to close at 149,971.12, according to Topline Securities.

Market sentiment tur­ned sharply positive........

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