MG Morning Breeze: Updates to Skim before Market
MG News | July 16, 2025 at 06:18 AM GMT+05:00
July 16, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Chinese toymaker Pop Mart International Group is forecasting a dramatic threefold increase in first-half revenue and an even bigger surge in profit, driven by the soaring global popularity of its Labubu plush toys. Read more
The large-scale manufacturing (LSM) sector of Pakistan recorded a increase of 2.29% in May 2025 to 116.58 compared to last year, the Pakistan Bureau of Statistics (PBS) reported today. Read more
The Pakistan Credit Rating Agency Ltd (PACRA) has maintained the entity ratings of Nimir Resins Ltd (PSX: NRL) at “A-” for the long term and “A2” for the short term, with a stable outlook, according to the latest press release issued by the rating agency. Read more
Pakistan Credit Rating Agency Limited (PACRA) has maintained entity ratings of NIMIR Industrial Chemicals Limited (PSX: NICL) at "A+" for long term and "A1" for short term with a stable outlook forecast, latest press release issued by PACRA showed. Read more
Riding high on strong demand from the Middle East and North American markets, Systems Ltd (SYS) is poised to deliver a notable year-on-year net profit growth of 71%, with earnings in 2QCY25 expected to hit Rs2.9 billion and EPS of Rs1.9, a sharp rise from Rs1.7bn and EPS Rs1.1 in the same quarter last year, according to a Earning Preview published by AKD Securities. Read more
Gold price in Pakistan decreased on Tuesday, with 24-karat gold being sold at Rs359,000 per tola, down Rs700. Read more
The Securities and Exchange Commission of Pakistan (SECP) has issued the Draft Women EquiSmart Policy 2025–2028, its first comprehensive gender equality framework for regulated sectors, including capital markets, insurance, non-banking finance, and the corporate sector. Read more
The benchmark KSE-100 Index concluded Tuesday's trading session at 135,939.87, showing a decrease of 562.66 points or 0.41%. Read more
The government reaffirmed its commitment to resolve policy challenges and unlock Pakistan’s full investment potential, as it responded to concerns raised by OICCI members representing over 200 leading foreign investors. Read more
The European Union has been left scrambling after U.S. President Donald Trump announced plans to impose a 30% tariff on goods imported from the bloc starting August 1. Read more
Pakistan Credit Rating Agency Limited (PACRA) has maintained entity ratings of Pak Elektron Limited (PSX: PAEL) at "A+" for the long term and "A1" for the short term with a stable outlook forecast, a latest press release issued by PACRA showed. Read more
The total deposits held by scheduled banks have moved up by 8.5% to Rs35.5 trillion in June compared to Rs32.72tr by the end of last month. Read more
The Board of Directors of Zarea Limited (PSX: ZAL) has approved the incorporation of a wholly-owned subsidiary in the United Arab Emirates (UAE) under the name ZAREA COMMERCE FZCO. Read more
To explore the Eurobond and other international debt markets as credit ratings improve, along with plans for an inaugural Panda bond, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a virtual engagement with Moody’s Rating Agency at the Finance Division. Read more
Pakistan and the United Kingdom have agreed to strengthen cooperation in trade, investment and urban development, with a strong focus on leveraging the 1.7 million-strong Pakistani diaspora in the UK to drive inclusive economic growth. Read more
Arif Habib Limited has placed a bold bet on Attock Refinery Limited (PSX: ATRL), initiating coverage with a “BUY” call and a June 2026 target price of Rs1,136/share, implying a hefty 69% upside from its current price of Rs672/share. Read more
Bestway Cement Limited (PSX: BWCL) posted a profit after tax of Rs23.86 billion [EPS: Rs40.02] for the year ended June 30, 2025, reflecting a strong 73.32% increase compared to Rs13.77bn [EPS: Rs23.09] reported in the previous year. Read more
The ex-mill price of sugar has been set at Rs165 per kilogramme by the Ministry of National Food Security and Research, reflecting a Rs25 increase from the rate fixed last June. Read more
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] showed minor movements in today’s session, with the Saudi Riyal remaining unchanged while the UAE Dirham and Qatari Riyal recorded slight changes. Read more
Fast Cables Limited (PSX: FCL) has declared that it has been certified as an approved vendor by the Abu Dhabi National Energy Company (TAQA). Read more
Pakistan and the United Kingdom formally launched the UK–Pakistan Trade Dialogue Mechanism in London, establishing a dedicated institutional framework to enhance trade, investment, and economic cooperation between the two countries. Read more
The State Bank of Pakistan (SBP) hosted a meeting of banks’ CEOs/Presidents where the Finance Minister Mr. Muhammad Aurangzeb appreciated the SBP and banks for achieving stellar growth of 41% in SME finance and appreciable growth of 15% in Read more
Asia-Pacific markets advanced on Tuesday, buoyed by China’s better-than-expected economic data. The country’s gross domestic product grew by 5.2% in the second quarter, exceeding the 5.1% growth forecast, according to China’s National Bureau of Statistics. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Thursday issued the following exchange rates. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 136,379.97 272.75M |
0.32% 440.10 |
| ALLSHR | 84,648.35 700.74M |
0.06% 47.97 |
| KSE30 | 41,546.23 69.94M |
0.42% 172.55 |
| KMI30 | 191,719.76 71.04M |
0.34% 649.79 |
| KMIALLSHR | 55,827.74 371.27M |
0.16% 89.67 |
| BKTi | 37,827.61 18.89M |
-1.72% -662.14 |
| OGTi | 27,670.67 7.40M |
-0.42% -117.47 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 119,565.00 | 119,635.00 117,255.00 |
2825.00 2.42% |
| BRENT CRUDE | 68.43 | 69.09 68.30 |
-0.28 -0.41% |
| RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 |
1.80 1.90% |
| ROTTERDAM COAL MONTHLY | 104.50 | 0.00 0.00 |
-1.05 -0.99% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
| CRUDE OIL - WTI | 66.20 | 67.01 66.09 |
-0.32 -0.48% |
| SUGAR #11 WORLD | 16.63 | 16.65 16.55 |
0.07 0.42% |
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Total Advances, Deposits & Investments of Scheduled Banks
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
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