MG Morning Breeze: Updates to Skim before Market

July 21, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Weekly Market Roundup

The market opened on a positive note, driven by buying from local institutions, but later witnessed profit-taking as investors booked gains ahead of the weekend. Read more

• 4.7m families get BISP aid in Punjab

Financial assistance is currently being disbursed to around 4.7 million deserving families across Punjab under the Unconditional Cash Transfer (UCT) initiative, the Benazir Kafaalat Programme, according to Director General BISP Punjab, Muhammad Nasir Khalily. Read more

• Key Pakistan Market Stats and Economic Indicators

Key Pakistan Market Stats and Economic Indicators Read more

• RDA attracts $182m in June

Total inflows into Roshan Digital Accounts (RDA) during June 2025 stood at $182 million, bringing the total cumulative inflows into RDA to $10.56 billion. Read more

• M2 falls by Rs455bn in a week

Broad money (M2), the most widely used measure of money supply in Pakistan, dropped by Rs455.15 billion WoW to Rs39.57 trillion as of July 11, 2025, data released by the State Bank of Pakistan (SBP) showed. Read more

• Pakistan, Azerbaijan cement strategic ties with trade push

Pakistan and Azerbaijan on Saturday reaffirmed their strategic partnership and expressed satisfaction over their growing cooperation across bilateral and multilateral fronts, as both sides continue to deepen economic and infrastructural linkages. Read more

• Pakistan, Azerbaijan fast-track rail ties

Pakistan and Azerbaijan have agreed to establish joint working groups (JWGs) to deepen economic cooperation and fast-track bilateral connectivity, with a strategic focus on rail and trade infrastructure, according to an official statement following a high-level meeting on Saturday. Read more

• FM in U.S.: Pakistan seeks trade growth in non-traditional sectors

Pakistan is aiming to expand its trade footprint with the United States by deepening collaboration beyond traditional goods and services into sectors such as information technology, minerals, and agriculture, as bilateral economic engagement gathers pace in Washington. Read more

• Bank deposit rate falls by 14bps in June

The return on bank deposits has decreased by 14 basis points to 3.35% in June 2025 compared to the deposit rate of 3.49% last month, according to the latest official data. Read more

• Pakistan strengthens UK trade links

Pakistan is ramping up trade and investment ties with the UK, focusing on tech, green energy, and SMEs, during high-level London engagements led by Commerce Minister Jam Kamal Khan. Read more

• Pakistan, China set to advance agricultural innovation

Pakistan and China have agreed to form technical working groups of agricultural experts and researchers to launch joint projects focused on high-yield cotton seed development, advanced water-saving irrigation technologies, and modern farming techniques tailored to Pakistan’s ecological zones. Read more

• PSX Closing Bell: Riding High, Ending Low

The benchmark KSE-100 Index closed Friday’s trading session at 138,597.36, down 68.13 points or 0.05%. Read more

• U.A.E leads FDI in Pakistan with net inflow of $62.65m in June

U.A.E. emerged as the largest investor in Pakistan in June 2025, with a net direct investment of $62.65m, followed by China and Hong Kong, which invested $49.03m and $41.2m, respectively, according to the data issued by the State Bank of Pakistan (SBP). Read more

• Pakistan's Power sector attracts highest net FDI of $86.32m in June

Pakistan’s Power Sector witnessed the highest net Foreign Direct Investment (FDI) worth $86.32 million in June 2025, as per the latest data released by the State Bank of Pakistan (SBP). Read more

• Pakistan records FDI of $206.6m in June

Pakistan has recorded a of $206.6m in June, compared to worth $205m in the Same Period Last Year (SPLY), the latest data issued by the State Bank of Pakistan (SBP) showed. Read more

• CCP raids suppliers in DISCO tender probe

The Competition Commission of Pakistan (CCP) has conducted simultaneous raids on the offices of four suppliers involved in the provision of transformer reclamation materials to various power distribution companies (DISCOs). Read more

• Gold price in Pakistan rises Rs2,500 per tola

Gold price in Pakistan increased on Friday, with 24-karat gold being sold at Rs357,600 per tola, up Rs2,500. Read more

• Dost Steels secures Rs2bn investment under loan restructuring plan

Dost Steels Limited (PSX: DSL) has signed a major restructuring agreement with its consortium of banks that could pave the way for financial recovery and operational revival, according to the company's latest quarterly Progress Report. Read more

• Pak Qatar Takaful upgraded to ‘A+’ IFS on strong underwriting, sharia governance

VIS Credit Rating Company Ltd. (VIS) has upgraded the Insurer Financial Strength (IFS) rating of Pak Qatar General Takaful Limited (PQGTL) to “A+ (IFS)” from “A (IFS)”, with a stable outlook, according to the latest press release issued by the rating agency. Read more

• OMO Result: SBP injects over Rs11tr

The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs11.4 trillion into the market of which Rs11.3tr were injected through reverse repo OMO. Read more

• SECP releases roadmap to insure Pakistan’s vulnerable workforce

The Securities and Exchange Commission of Pakistan (SECP) has published a landmark report titled “Role of Insurance in Social Security: Landscape of Pakistan,” said a press release issued today. Read more

• PKR gains 10 paisa against USD

The Pakistani rupee (PKR) gained by 9.88 paisa or 0.03% against the US dollar in Friday's interbank session to settle the trade at PKR 284.87 per USD, compared to previous closing of 284.97. Read more

• Ferry Service to launch from Gwadar to key Gulf areas

Technical, operational, and financial proposals to launch Ferry Service from Gwadar to key Gulf destinations were reviewed today in a high-level meeting chaired by Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry. Read more

• Service sector trade deficit clocks in at $126m

The service sector of Pakistan posed a trade deficit of $126 million in June, reflecting an decrease of 7.19% MoM, as compared to a deficit of $139m recorded in the previous month, the latest data released by the State Bank of Pakistan (SBP) showed. Read more

• Foreign currency deposits increase $52m in June

Foreign currency deposits rose $52m or 0.75% to $6.99 billion as of June 2025 comapred to last month, latest data released by the State Bank of Pakistan showed. Read more

• PKR’s REER index decreases to 96.61 in June

Pakistan Rupee's Real Effective Exchange Rate Index (REER) decreased by 1.22% in June 2025 to a provisional value of 96.61from the revised value of 97.79 in May 2025. Read more

• Weekly inflation rises 0.38%

Pakistan's short-term inflation increased by 0.38% compared to the previous week, while it fell by 1.61% compared to the same period last year, the Pakistan Bureau of Statistics (PBS) reported on Friday. Read more

• Pakistan posts 328m current account surplus in June

Pakistan has recorded a current account surplus of $328 million, the latest data issued by the State Bank of Pakistan (SBP) revealed today. Read more

• Govt clears key regulatory reform package to modernize business laws

A total of 104 out of 136 proposed regulatory reforms have been endorsed for implementation as the Cabinet Committee on Regulatory Reforms (CCoRR) concluded its review of Reform Package-01. Read more

• Cotton arrivals drop by 33%

Cotton arrivals in Pakistan fell by 33% to 297.7 thousand bales as of July 15, 2025, compared to 442 thousand bales during the same period last year, according to the latest data released by the Pakistan Cotton Ginners Association (PCGA). Read more

• Pakistan, Afghanistan, Uzbekistan sign railway framework agreement

In a significant step toward enhancing regional connectivity and economic integration, Pakistan, Uzbekistan, and Afghanistan signed the Framework Agreement on the Joint Feasibility Study for the Uzbekistan-Afghanistan-Pakistan (UAP) Railway Project in Kabul. Read more

• Suzuki sounds alarm on used car imports flooding Pakistan market

Upcoming Import Policy Order will address industry concerns over used vehicle imports, senior officials from the Ministry of Commerce assured the Chief Executive Officer (CEO) of Suzuki Motor Company. Read more

• GCWL moves toward commercial operations with new project

Ghani ChemWorld Limited (PSX: GCWL) has formally commenced the commissioning of its import substitute Calcium Carbide (and its related products) project, located at the Hattar Special Economic Zone. Read more

• EM sovereign ratings show positive trend in 2025

Emerging market (EM) sovereign rating actions have been net positive in 2025 so far, with eight upgrades compared to four downgrades, Fitch Ratings stated in a new report, despite persistent risks to the macro-credit environment. Read more

• SSGC Board approves LPG, NGL deal with JJVL

The Board of Directors of Sui Southern Gas Company Limited (PSX: SSGC) has approved the initial agreement with Jamshoro Joint Venture Limited (JJVL) for the extraction of Liquefied Petroleum Gas (LPG) and Natural Gas Liquids (NGL), the company said in a notice. Read more

• Fitch projects U.S. tariff rate to rise sharply by August

Fitch Ratings has updated its U.S. Effective Tariff Rate (ETR) Monitor, projecting a significant rise in the overall tariff burden beginning August 1, 2025. Read more

• PNSC says shipping reform plan still in early stages

The Pakistan National Shipping Corporation (PSX: PNSC) has clarified that the reform plan referenced in a recent news article is at a preliminary stage and is currently under consideration by the Federal Government, with no formal directives issued as of yet. Read more

• Economic stability key to long-term growth: Khurram Schehzad

The government reaffirmed its commitment to sustaining the momentum of recent economic reforms, with Advisor to the Finance Minister Khurram Schehzad emphasizing the goal of ensuring long-term economic resilience and laying the foundation for a progressive, sustainable future. Read more

• KSE-100 index crosses 140,000 mark

The benchmark KSE-100 Index opened Friday's trading session on a historic note at 140,117.83, gaining 1,452.34 points or 1.05%. Read more

• NBP issues foreign exchange rates

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

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