KARACHI: The Pakistan Stock Exchange (PSX) continued its recovery drive for the second straight day on Tuesday as investors indulged in value-hunting on growing optimism about the economic outlook.

Ahsan Mehanti of Arif Habib Corporation said the market extended overnight gains amid reports of Fitch Ratings upgrade of Pakistan’s Long Term Foreign Currency Issuer Default Rating by one notch to ‘B-’ with a stable outlook.

He added that the surging global equities, record remittances in March, and steep deceleration in........

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