MG Morning Breeze: Updates to Skim before Market

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By MG News | July 09, 2025 at 06:34 AM GMT+05:00

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July 09, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

Four investor groups have been cleared to advance in the privatization of Pakistan International Airlines Corp., marking a critical step in efforts to offload the struggling flag carrier. Read more

Peshawar-based Money Link Exchange Company (Pvt.) Ltd. has voluntarily closed its operations Read more

A sharp rally was seen in Indian textile stocks after the United States imposed a 35% import tariff on goods from Bangladesh, sparking expectations of increased order flow to domestic manufacturers. Read more

Gold price in Pakistan increased on Tuesday, with 24-karat gold being sold at Rs354,500 per tola, up Rs1,500. Read more

The Competition Commission of Pakistan (CCP) approved a total of 69 merger and acquisition (M&A) transactions during the fiscal year 2024-25 Read more

The benchmark KSE-100 Index concluded Tuesday's trading session at 133,403.19, showing an increase of 33.05 points or 0.02%. Read more

Askari Bank Limited (PSX: AKBL) has received approval from the State Bank of Pakistan, via a letter dated July 7, 2025, to exercise the Call Option in full on its Rated, Subordinated Read more

Pakistan’s equity market is gearing up for another powerful run as the benchmark KSE-100 Index projected to soar to 168,000 points by the end of FY26, representing a healthy 27.4% upside from its level of 131,949 (closing as of July 4, 2025). Read more

The Pakistani rupee (PKR) weakened by 14.44 paisa or 0.05% against the US dollar in Tuesday's interbank session to settle the trade at PKR 284.36 per USD, compared to previous closing of 284.22. Read more

The Securities and Exchange Commission of Pakistan (SECP) has made unprecedented strides in corporate registry reforms and digital transformation during fiscal year 2025. Read more

The Board of Directors, in its meeting held on July 7, 2025, has re-appointed Syed Moonis Abdullah Alvi as Chief Executive Officer (CEO) of K-Electric with effect from July 30, 2025. Read more

Pakistan Security Printing Corporation (Private) Limited (PSPC), a wholly owned subsidiary of the State Bank of Pakistan, has completed the amalgamation of National Security Printing Company (Private) Limited (NSPC) with itself, effective July 1, 2025. Read more

To review key institutional reform proposals and FBR transformation plans, the Cabinet Committee on Rightsizing of the Federal Government held a meeting chaired by Federal Minister for Finance Read more

Bawany Air Products Limited (PSX: BAPL)is the target of a planned acquisition involving approximately 600 million ordinary shares, representing around 98.76% of its total issued and paid-up capital. Read more

U.S. President Donald Trump escalated trade tensions by revealing 25% tariffs on imports from major allies Japan and South Korea, along with a dozen other trading partners. Read more

Oil prices eased on Tuesday after rising almost 2% in the previous session, as investors assessed new developments on U.S. tariffs and a higher-than-expected OPEC+ output hike for August. Read more

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) Read more

National Bank of Pakistan (PSX: NBP) has emerged as the undisputed leader among listed banks in creating shareholder value, delivering a staggering 74.1% total return to shareholders in the first half of 2025, outpacing peers by a wide margin. Read more

Pakistan and Afghanistan have agreed to intensify efforts for the early finalization of the Framework Agreement for the Uzbekistan-Afghanistan-Pakistan (UAP) Railway Project Read more

In a landmark move aimed at transforming Pakistan into a regional hub for digital finance, the Federal Cabinet has formally approved the creation of the Pakistan Read more

The government is targeting to raise Rs5.575 trillion during the three months from July to September 2025 through the auction of Market Treasury Bills (MTBs) Read more

To review progress on tariff reforms and trade competitiveness, the Steering Committee for the Implementation of the National Tariff Policy convened at the Finance Division Read more

Dewan Farooque Motors Limited (PSX: DFML) has revealed that more than 300 units of electric vehicles have been successfully assembled and handed Read more

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

Asia-Pacific markets swung between gains and losses on Tuesday as investors reacted to U.S. President Donald Trump’s statement of new tariffs targeting 14 trading partners. Read more

Copyright Mettis Link News

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Name Price/Vol %Chg/NChg
KSE100 133,204.72
16.42M
-0.15%
-198.47
ALLSHR 83,217.12
133.05M
0.03%
29.07
KSE30 40,554.49
4.62M
-0.24%
-96.97
KMI30 191,847.70
6.10M
-0.12%
-236.21
KMIALLSHR 55,863.89
62.01M
0.03%
16.19
BKTi 36,275.69
0.59M
-0.40%
-147.18
OGTi 28,406.94
0.56M
-0.11%
-30.67
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,665.00 109,545.00
108,625.00
-550.00
-0.50%
BRENT CRUDE 70.04 70.09
69.85
-0.11
-0.16%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
2.05
2.15%
ROTTERDAM COAL MONTHLY 106.65 106.65
106.25
0.50
0.47%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.20 68.27
67.78
-0.13
-0.19%
SUGAR #11 WORLD 16.15 16.37
16.10
-0.13
-0.80%

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July 09, 2025 at 06:34 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market



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