MG Morning Breeze: Updates to Skim before Market

July 01, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Govt hikes petrol price by Rs8.36, diesel by Rs10.39 per litre

The federal government has raised the price of petrol by Rs8.36 per litre to Rs266.79 for the next fortnight, effective July 1, 2025. Read more

• TRG: Dominos Tumbling for the Management

 In the ongoing litigation battle between the TRG Management and certain shareholders, the honorable Islamabad High Court has also lent its weight to the complaining. Read more

• SBP revises T.T. charges reimbursement scheme for home remittances

The State Bank of Pakistan (SBP) has revised the Reimbursement of Telegraphic Transfer (T.T.) Charges Scheme for home remittances, with changes. Read more

• NEPRA concludes hearing on Rs4.69 relief under April FCA 2025

The National Electric Power Regulatory Authority (NEPRA) on Monday concluded its hearing on K-Electric’s petition for provisional monthly fuel charge adjustments (FCA) for April 2025, in which the power utility requested a relief of Rs4.69 per unit. Read more

• SBP ends Incentive Schemes for Home Remittances from July 1

The State Bank of Pakistan (SBP) has discontinued two major incentive schemes, which were designed to promote the inflow of home remittances through formal channels. Both schemes will cease to be effective from July 1, 2025. Read more

• SBP’s March FX intervention stands at $860m

The State Bank of Pakistan (SBP) has made a net FX purchase of $860 million during March 2025, up by $637m from a purchase of $223m in the previous month. Read more

• SBP maintains rate of Special Cash Reserve Account at 3.32% for July

The State Bank of Pakistan (SBP) has set the rate of remuneration for July 2025 on Special Cash Reserve Account (US$) at 3.32%, as per a notice issued by the central bank on Monday. Read more

• Pakistan, Vietnam to boost halal seafood trade

Pakistan and Vietnam have agreed to enhance bilateral collaboration in the Halal seafood industry, marking a significant development in trade relations between the two nations. Read more

• PM urges public-private collaboration to boost tourism

There is a need for collaboration between the public and private sectors to facilitate international tourists visiting Pakistan's tourist destinations. Read more

• Pakistan, China explore trade ties at Khorgos Dry Port

Pakistan and China explored greater border trade collaboration as Pakistan’s envoy to China Read more

• PM unveils new power billing app for consumers

In a major step to enhance transparency in electricity billing, the government has launched the “Apna Meter, Apni Reading” Power Smart Mobile Application Read more

• Gold price in Pakistan rises Rs800 per tola

The benchmark KSE-100 Index concluded Monday's trading session at an all-time high of 125,627.31, showing an increase of 1,248.25 points or 1.00%. Read more

• PSX Closing Bell: Born to Climb

The benchmark KSE-100 Index concluded Monday's trading session at an all-time high of 125,627.31, showing an increase of 1,248.25 points or 1.00%. Read more

• Pakistan’s June inflation expected at 3–4%

Pakistan's inflation is expected to remain within the range of 3–4% for June 2025, according to the Economic Update and Outlook by the Finance Division. Read more

• PKR falls 4 paisa against USD

The Pakistani rupee (PKR) fell by 4.22 paisa or 0.01% against the US dollar in Monday's interbank session to settle the trade at PKR 283.76 per USD, compared to previous closing of 283.72. Read more

• PACRA upgrades the entity rating of PABC

Pakistan Credit Rating Agency Limited (PACRA) has upgraded maintained entity ratings of Pakistan Aluminium Beverage Cans Limited (PSX: PABC) Read more

• Petrol prices expected to rise by Rs13 from July 1

Petrol prices are expected to rise by approximately Rs13.68 per litre, with revised prices likely to be effective from July 1 to 15, 2025, amid a surge in international oil rates. Read more

• June CPI likely to ease to 3.34%

The Consumer Price Index (CPI) inflation is projected to settle at 3.34% YoY in June 2025, marking a substantial slowdown from the 12.57% recorded in the same month last year. However, this also represents an uptick from April’s multi-year low of 0.3%, indicating that the impact of the high base is starting to diminish. Read more

• ACPL to hit Rs352/share by December 2025

Attock Cement Pakistan Limited (PSX: ACPL) is poised to reach a price target of Rs352/share by December 2025, offering an upside of 26% over the last day’s close. Read more

• Merit Packaging gets shareholder consent to sell assets

Merit Packing Limited (PSX: MERIT) has obtained shareholder consent for the disposal and sale of the Company’s assets, comprising the Plant and Machinery (Flexible Packaging Unit) and Goodwill. Read more

• Pakistan Pavilion inaugurated at China-Eurasia Expo

The Pakistan Pavilion was inaugurated at the China-Eurasia Expo in Urumqi on 28 June 2025, with its display of premium Pakistani mangoes drawing hundreds Read more

• Saudi Riyal available at PKR 76.4 in open market

The current exchange rates showed that only the Qatari Riyal (QAR) experienced a slight change against the Pakistani Rupee as of 10 am PST, while the Saudi Riyal (SAR) and the UAE Dirham (AED) remained stable. Read more

• Fairtrade Capital faces action for office closure violations

Fairtrade Capital Securities (Private) Limited has come under regulatory scrutiny after a recent System Audit Report revealed that the company has no principal place of business. Read more

• OGRA declares gas price hike effective July 1

The Oil and Gas Regulatory Authority (OGRA) has declared a substantial hike in gas prices across domestic and other consumer categories, with the revised tariffs set to take effect from July 1, 2025. Read more

• FM departs for Spain to represent Pakistan at FFD4

To promote innovative financing solutions, strengthen international cooperation, and enhance Pakistan’s voice in global development discourse, Federal Minister for Finance and Revenue. Read more

• Key Pakistan Market Stats and Economic Indicators

Key Pakistan Market Stats and Economic Indicators Read more

• DG FIA stresses need for stronger coordination with banks

The urgent need to strengthen effective communication and cooperation between law enforcement agencies and the banking sector was emphasized by the Director General of the Federal Investigation Agency (FIA), Rafat Mukhtar. Read more

• Exide Pakistan profit falls 51%, sets Rs10 dividend

Exide Pakistan Limited (PSX: EXIDE) posted a 51% drop in after-tax profit for the year ended March 31, 2025, with earnings declining to Rs614.37m from Rs1.25bn in the previous year, according to the company’s consolidated Read more

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