PSX opens week in the green, gains more than 5,000 points during early trade

The Pakistan Stock Exchange kicked off the week with a significant surge, as its benchmark index jumped more than 5,000 points during early trading, hitting 176,090.08 points by mid-morning. This impressive gain follows a previous close of 171,021.20 points, marking a notable turnaround in investor sentiment. Analysts attribute this positive shift to the temporary halt in military actions between the US and Iran, which has fostered optimism in the market. Such a substantial rise underscores the PSX's resilience and the impact of geopolitical developments on financial markets.