MG Morning Breeze: Updates to Skim before Market

June 05, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Pakistan’s NEC approves nearly Rs4tr development budget for FY26

The National Economic Council (NEC) approved a development budget of Rs3.79 trillion and set economic growth targets for the fiscal year 2026 during a meeting on Wednesday. Read more

• Central govt debt rises by 13% YoY to Rs75tr in April

The total debt of the central government increased by 13.39% YoY to Rs74.94 trillion in April 2025, compared to Rs66.09tr in April 2024, the data released by. Read more

• Govt domestic debt, liabilities rise 17% YoY to Rs53tr in April

The total government domestic debt and liabilities have increased by 17.19% to Rs52.74 trillion in April 2025, compared to Rs45tr in April 2024, the latest. Read more

• Pakistan’s trade deficit narrowed by over 23% in May

Pakistan’s trade deficit stood at $2.619 billion in May 2025, reflecting a 23.47% decrease compared to April 2025. Read more

• National Savings Schemes see Rs31bn inflow in Apr

The net receipts of Savings Mobilized by National Savings Schemes (NSS) stood at Rs30.64 billion in April as compared to receipts of Rs27.74bn in the previous. Read more

• Trump’s 50% steel & aluminum tariffs take effect, stirring tensions in Europe

U.S. tariffs entered the spotlight once again in Europe on Wednesday as U.S. President Donald Trump’s 50% levy on steel and aluminum imports to the U.S. Read more

• Pakistan, Belarus commit to closer bilateral relations

Pakistan and Belarus are committed to strengthening their economic and bilateral relations, with a focus on expanding. Read more

• PSX Closing bell: Rockets to All-Time High

The benchmark KSE-100 Index reached a historic milestone on Wednesday, concluding the trading session at 121,798.86 — an increase of 1,347.99 points or 1.12%. Read more

• Gold price in Pakistan remains unchanged

Gold price in Pakistan remained unchanged on Wednesday, with 24-karat gold being sold at Rs354,100 per tola, unchanged from the previous session. Read more

• Govt pushes women empowerment in maritime sector

The government has reaffirmed its commitment to fostering women’s inclusivity and empowerment in the maritime sector. Read more

• PKR falls 10 paisa per USD

The Pakistani rupee (PKR) depreciated by 10.28 paisa or 0.04% against the US dollar in Wednesday’s interbank session. Read more

• Pakistan, UK commit to scaling up nearly £5bn trade

Pakistan and the UK are aligned on a shared vision to significantly boost bilateral trade, currently valued at £4.7 billion, with strong potential for further. Read more

• HBL Manufacturing PMI drops to 8-month low of nearly 51 in May

The headline HBL Pakistan Manufacturing PMI fell to an 8-month low of 51.1 in May from 51.9 in April, reflecting a notable slowdown in business activity from. Read more

• Trump’s $TRUMP wallet launches with Magic Eden

President Donald Trump’s team has partnered with Magic Eden, a prominent non-fungible token (NFT) marketplace. Read more

• Ghazi Fabrics shareholders approve sale of 175 Kanal land in Kasur

The shareholders of Ghazi Fabrics International Limited (PSX: GFIL) have approved the sale of the company’s land, measuring approximately 175 Kanal and 10. Read more

• At-Tahur fulfills Rs750m sukuk commitments

At-Tahur Limited (PSX: PREMA)  has informed that the commitment and realization of all Sukuk funds have been fully. Read more

• PM directs railway plan for Central Asia trade

The formulation of a comprehensive strategy to expand Pakistan’s railway network and boost trade with. Read more

• KAPCO signs Tri-Partite Power Purchase Agreement

Kot Addu Power Company Limited (PSX: KAPCO) has signed a Tri-Partite Power Purchase Agreement (TPPA), along with the schedules, on June 4, 2025. Read more

• Big Bird Foods signs export agreement with Alibaba

Big Bird Foods Limited (PSX: BBFL) has entered into a strategic agreement with Alibaba Group. Read more

• Trump calls China deal ‘extremely hard’ amid tensions

U.S. President Donald Trump stated that it was “extremely hard” to make a deal with Chinese President Xi Jinping. Read more

• Trump calls China deal ‘extremely hard’ amid tensions

U.S. President Donald Trump stated that it was “extremely hard” to make a deal with Chinese President Xi Jinping. Read more

• Pakistan enters top 10 U.S. truck & bus tire exporters with 76% growth

In a significant milestone for Pakistan’s manufacturing and export sector, the country has officially entered the list of the top 10 exporters of truck and. Read more

• Sitara Developers acquires shares in Sitara Chemical

Sitara Chemical Industries Limited (PSX: SITC) has disclosed that its associated company, Sitara Developers (Private) Limited. Read more

• Nvidia overtakes microsoft in market cap

Nvidia has overtaken Microsoft in market capitalization, once again becoming the most valuable publicly traded. Read more

• Pakistan, Iran sign MoU to boost communications cooperation

Pakistan and Iran have signed a Memorandum of Understanding (MoU) aimed at enhancing bilateral cooperation. Read more

• NEC meeting to convene today instead of June 5

The National Economic Council (NEC) will approve a national development plan worth Rs3.79 trillion. Read more

• Supernet subsidiary wins multi-million cybersecurity deals

Supernet Limited (PSX: GEMSPNL), a leading technology-focused enterprise in Pakistan, has announced that its subsidiary. Read more

• Pakistan seeks better tobacco prices abroad via stronger R&D investment

The need to enhance the board’s budget for research and development was emphasized in order to produce high-quality tobacco varieties in Pakistan that can. Read more

• Pakistan, Uzbekistan reaffirm rail link deal

Uzbekistan and Pakistan have reaffirmed their commitment to completing the historic Uzbekistan-Afghanistan-Pakistan Railway. Read more

• Pakistan, U.S. pledge cooperation on digital asset innovation

Pakistan and the U.S. expressed a shared interest in fostering collaboration between the two nations on digital asset innovation, regulatory coherence, and. Read more

• Saudi Riyal to PKR exchange rate

The current exchange rates for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) against the Pakistani Rupee (PKR) as of [10 am PST] remain. Read more

• Merit Packaging approves disposal of plant & machinery

Merit Packaging Limited (PSX: MERIT) has discussed and approved the disposal of the plant and machinery (flexible unit) of the company, along with the. Read more

• VIS reaffirms entity ratings of Premium Textile Mills Ltd

VIS Credit Rating Company Limited (VIS) reaffirms entity ratings of Premium Textile Mills Limited (PSX: PRET). Read more

• NBP issues foreign exchange rates

The treasury management division of the National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates. Read more

• PSX conducts re-composition of KMI All Share Islamic Index

The Pakistan Stock Exchange Limited (PSX) has carried out the re-composition exercise of the PSX-KMI All Share Islamic. Read more

• Asia stocks rise as tech rally lifts markets

Asia-Pacific markets advanced Wednesday following a strong tech-driven rally on Wall Street, with South Korean. Read more

• Well-intentioned, poorly timed: The risks behind proposed 5% FED on ultra-processed foods

As Pakistan approaches the federal budget announcement for FY2025–26, policymakers are expected to introduce a 5% Federal Read more

Copyright Mettis Link News