MG Morning Breeze: Updates to Skim before Market

By MG News | July 08, 2025 at 06:13 AM GMT+05:00
July 08, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
In another bold and unprecedented step toward fiscal responsibility, the Ministry of Finance has successfully retired Rs500 billion in debt owed to the State Bank of Pakistan (SBP), a full four years ahead of its scheduled maturity in 2029. Read more
To promote fair competition in Pakistan's markets, the Competition Commission of Pakistan (CCP) undertook strong enforcement actions during the fiscal year 2024–25 Read more
Foreign exchange companies played a growing role in Pakistan’s remittance inflows in FY25, contributing an estimated $5 billion, including $450 million in June alone Read more
The BRICS Customs Centre of Excellence was officially inaugurated in Xiamen, located in east China's Fujian Province, to foster deeper economic and trade cooperation among BRICS nations. Read more
The Securities and Exchange Commission of Pakistan (SECP) remains committed to fostering a proactive compliance culture, concluding 1,761 adjudication proceedings in the financial year 2024-25. Read more
Gold price in Pakistan decreased on Monday, with 24-karat gold being sold at Rs353,000 per tola, down Rs2,500. Read more
The benchmark KSE-100 Index concluded Monday's trading session at an all-time high of 133,370.14, showing an increase of 1,421.08 points or 1.08%. Read more
The Pakistani rupee (PKR) fell by 25.22 paisa or 0.09% against the US dollar in Monday's interbank session to settle the trade at PKR 284.22 per USD, compared to previous closing of 283.97. Read more
The Prime Minister’s Fan Replacement Program is set to launch its first phase by the end of the month, as directed by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb. Read more
The Central Bank, in partnership with the Asian Development Bank (ADB), has rolled out a $500 million program aimed at expanding credit access for women entrepreneurs, as the country looks to narrow its gender financing gap and drive inclusive growth. Read more
The United Arab Emirates (UAE) has denied the existence of any golden visa program aimed at cryptocurrency investors, refuting Read more
Arif Habib Limited (PSX: AHL) has issued an addendum regarding the acquisition of up to 1.13 billion ordinary shares (75.01%) of Lotte Chemical Pakistan Limited Read more
Oil and Gas Development Company Limited (PSX: OGDC) has completed the installation of Electrical Submersible Pump (ESP) at Rajian-05, resulting in a significant improvement in production, the Company's filing on PSX revealed today. Read more
The Trade Development Authority of Pakistan (TDAP) has endorsed a series of strategic initiatives and restructuring plans to boost the country’s export competitiveness. Read more
The Federal Board of Revenue (FBR) has notified businesses, including importers, suppliers, and manufacturers, of tightened restrictions under Section 21 of the Income Tax Ordinance for FY26, aimed at discouraging excessive cash dealings and broadening the tax net. Read more
Pakistan Credit Rating Agency (PACRA) has maintained the entity rating of Liberty Mills Limited (LML) at ‘A+’ for long term and at ‘A1’ for short term, with a ‘stable’ outlook forecast. Read more
To integrate AI into Pakistan’s development agenda, a National Artificial Intelligence (AI) Fund and a comprehensive 10-year roadmap have been launched Read more
The current exchange rates for the Saudi Riyal (SAR) and UAE Dirham (AED) against the Pakistani Rupee (PKR) remained unchanged as of 10 AM PST Read more
U.S. President Donald Trump has issued a strong warning to countries supporting BRICS policies that challenge U.S. interests, declaring that such nations will face an additional 10% Read more
LSE Capital Limited (PSX: LSECL) has declared a public offer to acquire 7.64% shares (i.e., 3,822,101 ordinary shares) of The Pakistan General Insurance Company Limited Read more
Key Pakistan Market Stats and Economic Indicators Read more
President Donald Trump declared late Sunday that the United States will begin delivering tariff letters to countries around the world Read more
Mari Energies Ltd. (PSX: MARI) is staring at a steep earnings cut as Topline Securities slashed its FY25-27 profit forecasts by 31-42% on lower oil prices and a drop in production volumes due to surplus RLNG in Pakistan’s system. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Monday issued the following exchange rates Read more
Fertilizer industry is estimated to have posted a 20% YpY recovery in Urea off-take for June 2025, reaching 580,000 tons, amid seasonal Kharif demand, improved irrigation conditions, and increased agri-financing. Read more
Tesla CEO Elon Musk has officially launched a new political movement, the "America Party," marking his bold entry into the U.S. political landscape as a third-party Read more
Haval has reduced its ex-factory prices to keep overall vehicle prices unchanged. Read more
Asia-Pacific markets traded mixed on Monday after U.S. President Donald Trump confirmed that “reciprocal” tariffs, first announced in April, will take effect on August 1 Read more
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Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 133,319.47 81.82M |
-0.04% -50.67 |
ALLSHR | 83,101.52 288.92M |
0.02% 20.36 |
KSE30 | 40,627.91 26.77M |
-0.19% -77.40 |
KMI30 | 192,369.25 34.08M |
-0.11% -211.43 |
KMIALLSHR | 55,896.01 165.29M |
0.11% 60.29 |
BKTi | 36,183.64 4.59M |
-0.37% -133.53 |
OGTi | 28,498.42 2.26M |
-0.16% -44.54 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 108,355.00 | 108,880.00 107,680.00 |
-100.00 -0.09% |
BRENT CRUDE | 69.28 | 69.50 69.03 |
-0.30 -0.43% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
2.90 3.07% |
ROTTERDAM COAL MONTHLY | 106.00 | 106.75 106.00 |
0.25 0.24% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 67.60 | 67.97 67.40 |
-0.33 -0.49% |
SUGAR #11 WORLD | 16.25 | 16.46 16.07 |
-0.13 -0.79% |
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