MG Morning Breeze: Updates to Skim before Market

June 26, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• SBP raises Rs155bn through floating rate PIBs

To manage domestic liquidity and anchor borrowing costs, the State Bank of Pakistan (SBP) raised Rs155.5 billion through an auction of 10-year floating-rate Read more

• Auction Result: Govt raises Rs344.7bn through T-bills

The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs344.7 billion. Read more

• Unlocking Pakistan's Digital Potential: Why A Smarter Approach To 5G Is Needed

Pakistan stands at a pivotal moment in its digital journey. With mobile broadband usage growing and digital services increasingly woven into daily life, the time is ripe to introduce 5G. Read more

• Gold price in Pakistan rises Rs300 per tola

Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs354,665 per tola, up Rs300. Read more

• CCP, IHCBA collaborate on competition law awareness

The Competition Commission of Pakistan (CCP), in collaboration with the Islamabad High Court Bar Association (IHCBA) and the Directorate Read more

• Spot gold falls as Israel-Iran truce lifts risk appetite, U.S. data in focus

Gold prices declined on Wednesday as improved risk appetite followed a ceasefire between Israel and Iran, while investor focus shifted toward upcoming U.S. economic data. Read more

• PM stresses agri reforms to strengthen economy

To further strengthen the national economy, sustainable reforms in Pakistan's agriculture sector were emphasized during a high-level review Read more

• World Bank approves $194m for education, water projects in Balochistan

The World Bank Board of Executive Directors has approved $194 million in financing for two major projects aimed at improving education and water security in Balochistan. Read more

• Pakistan’s power generation rises to 12,755 GWh in May 2025

The total power generation in the country increased by 1% year-on-year (YoY) to 12,755 GWh during May 2025, as compared to 12,917 GWh in the same month of last year. Read more

• PSX Closing Bell: Still in the Green

The benchmark KSE-100 Index concluded Wednesday's trading session at 122,761.64, showing an increase of 515.01 points or 0.42%. Read more

• PKR rises by 5 paisa against USD

The Pakistani rupee (PKR) rose by 4.62 paisa or 0.02% against the US dollar in Wednesday's interbank session to settle the trade at PKR 283.72 per USD, compared to previous closing of 283.77. Read more

• SBP reports strong growth in digital payments for Q3 FY25

The State Bank of Pakistan (SBP) has released its Quarterly Payment Systems Review for Q3 FY25, highlighting continued growth in the country’s digital payments ecosystem. Read more

• Pakistan-US trade negotiations near completion

Pakistan and the United States have expressed confidence in finalizing trade negotiations by next week Read more

• Cement companies get two-week stay from Supreme Court

The Supreme Court has granted a two-week stay to cement manufacturers, temporarily halting the enforcement of a recent ruling that mandated higher royalty payments on limestone. Read more

• Pakistan, UAE sign MoUs to boost strategic ties

Pakistan and the United Arab Emirates have taken significant steps to expand their strategic partnership, signing multiple Memorandums of Understanding (MoUs) and a protocol Read more

• TRG on Thin Ice

It never rains but it pours for TRG Pakistan. Just days after TRG Pakistan found itself at the center of an adverse courtroom verdict rattling investors’ and Management’s confidence, its Management walked a tightrope of words, choosing each response cautiously during a scheduled Analyst Briefing yesterday. Read more

• Oil edges up as market weighs Iran-Israel truce stability

Oil prices edged higher on Wednesday, finding some respite after plummeting in the last two sessions, as investors assessed the stability of a ceasefire between Iran and Israel. Read more

• MARI re-appoints Lt Gen Anwar Ali Hyder (Retd) as Chairman of Board

Mari Energies Limited (PSX: MARI) has re-appointed Lt Gen Anwar Ali Hyder, HI(M), (Retd), Managing Director and Chief Executive Officer of Fauji Foundation, as Chairman of its Board of Directors, effective June 24, 2025. Read more

• Saudi Arabia, Pakistan reaffirm commitment to regional stability

Saudi Arabia and Pakistan reaffirmed the importance of continuing necessary efforts to uphold regional security and stability. Read more

• Sitara Developers buys 50,000 shares of Sitara Chemical at Rs450 each

Sitara Developers (Private) Limited purchased 50,000 shares of Sitara Chemical Industries Limited (PSX: SITC) at Rs450.00 per share through the Pakistan Stock Exchange Limited on June 24, 2025. Read more

• CWSM fails to pay PSX-imposed penalty

Chakwal Spinning Mills Limited (CWSM) has failed to pay the penalty imposed by the Pakistan Stock Exchange (PSX) Read more

• Barrick, Komatsu finalize $440m deal for Reko Diq mining equipment

Barrick Gold Corporation and Japan’s Komatsu have finalized a $440 million agreement to supply mining equipment for Pakistan’s Reko Diq copper-gold project. Read more

• Pakistan, Uzbekistan eye partnership in urban development

Pakistan and Uzbekistan have taken a significant step toward converting their strong diplomatic relationship into practical economic collaboration Read more

• Saudi Riyal available at PKR 76.3 in open market

The exchange rates for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) against the Pakistani Rupee (PKR) remained unchanged as of 10:00 AM PST. Read more

• CGT on PSX share disposals for May 2025 to be collected on July 3

The aggregate Capital Gains Tax (CGT) on the disposal of shares at the Pakistan Stock Exchange (PSX) for the period May 1 to May 31, 2025, will be collected on Thursday, July 3, 2025. Read more

• FPCCI, SECP host seminar on unlocking economic potential

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the Securities and Exchange Commission of Pakistan (SECP) jointly organized Read more

• Govt borrows Rs382bn debt in a week

The government of Pakistan has acquired an additional debt of Rs381.92 billion during the week ended June 13, 2025, which brings its total net borrowing for ongoing fiscal year 2025 to Rs2.92 trillion, according to the central bank's weekly estimates. Read more

• VIS reaffirmed entity ratings of Madina Oil Refinery Ltd

VIS Credit Rating Company Limited (‘VIS’) has reaffirmed the entity ratings of Madina Oil Refinery Limited (MORL) at 'BBB/A2' (‘Triple B /A Two’). Read more

• M2 rises by Rs348bn in a week

Broad money (M2), the most widely used measure of money supply in Pakistan, rose by Rs347.57 billion WoW to Rs38.44 trillion as of June 13, 2025, data released by State Bank of Pakistan (SBP) showed. Read more

• Pakistan, UAE vow to strengthen economic cooperation

Pakistan and the United Arab Emirates reaffirmed their commitment to deepening economic ties during a meeting between Deputy Prime Minister Read more

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