The Pakistan Stock Exchange's (PSX) benchmark index opened the week with a significant surge, gaining over 5,000 points during early trade.The KSE-100 index rose 4,501.33 points to 175,522.53 by 9:50am, later reaching 176,090.08 at 10:30am.

Analysts attribute this rally to eased geopolitical tensions between the US and Iran, which paused military strikes, and a sharp decline in global oil prices.Awais Ashraf of AKD Securities noted improved investor sentiment and expectations of the State Bank of Pakistan (SBP) maintaining the policy rate.Mettis Global linked the rally to geopolitical easing and falling oil prices, which dropped below $90 for Brent crude and $85.45 for WTI.

The market had previously faced pressure due to Middle East tensions and rising oil prices, but the pause in combat and diplomatic hopes have boosted confidence.The article also highlights the impact of the US-Iran conflict on Pakistan's economy and the role of external factors in shaping market trends.