MG Morning Breeze: Updates to Skim before Market

August 04, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Cement despatches increase by 30% in July

Cement despatches increased to 3.997 million tons in July 2025 Read more

• Weekly Market Roundup

The market started the week in a range-bound manner as investors awaited June quarter results but regained positive momentum later on renewed interest driven by news of a potential trade deal with the US. Read more

• Key Pakistan Market Stats and Economic Indicators

Economic Indicators and Market Stats for Week ending Aug 01, 2025 Read more

• SCRA records Rs.3.74 bn net sale of securities

Specially Convertible Rupee Accounts (SCRA) position as of July 25, 2025 Read more

• CCP cracks down on fan manufacturers

The Competition Commission of Pakistan (CCP) has searched the offices of two major electric fan manufacturers and their industry association in Gujrat over alleged price fixing and cartelization. Read more

• PSX Closing Bell: Stronger Than Yesterday

The benchmark KSE-100 Index concluded Friday's trading session at 141,034.98, showing an increase of 1,644.56 points or 1.18%. Read more

• Nishat Group joins hands with Chery to build EVs in Pakistan

Pakistani business magnate Mian Mohammad Mansha has set up a factory to build electric-powered vehicles in partnership with one of China’s largest car exporters, Chery Automobile Co., according to a top executive at his company. Read more

• Gold price in Pakistan falls Rs100 per tola

Gold price in Pakistan decreased on Friday, with 24-karat gold being sold at Rs352,900 per tola, down Rs100. Read more

• PKR rises by 15 paisa against USD

The Pakistani rupee (PKR) gained by 15.27 paisa or 0.05% against the US dollar in Friday's interbank session to settle the trade at PKR 282.72 per USD, compared to previous closing of 282.87. Read more

• OMO Result: SBP injects over Rs13tr

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 Rs13.32 trillion into the market of which Rs13tr were injected through reverse repo OMO. Read more

• JDW Sugar Mills commences commercial operations at new Ethanol Plant

JDW Sugar Mills Limited (PSX: JDWS) has officially commenced commercial production at its newly established Ethanol Project, the company said in a notice to the Pakistan Stock Exchange (PSX) on Friday. Read more

• Bank Makramah finalizes sale of Cullinan Tower

Bank Makramah Limited (PSX:BML) has officially concluded the sale of its prime real estate asset, Cullinan Tower (formerly Summit Tower), located at Plot No. G-2, Block-2, Scheme-5, Clifton, Karachi. Read more

• Sindh Ombudsman’s Order suspended in Moonis Alvi case

The Sindh High Court has suspended the implementation of the Sindh Ombudsman’s order that directed the removal of Moonis Alvi, Chief Executive Officer of K-Electric, from his position in a workplace harassment case. Read more

• July inflation rises to 4.1%

Pakistan's inflation rose to 4.1% in July 2025, compared to 3.2% in the previous month and 11.1% in July 2024, the latest data issued by the Pakistan Bureau of Statistics (PBS) showed. Read more

• Weekly SPI decreases by 0.35%

Pakistan's short-term inflation decreased by 0.35% compared to the previous week, while it rose by 1.98% compared to the same period last year, the Pakistan Bureau of Statistics (PBS) reported on Friday. Read more

• Pakistan’s short-term FX liabilities reach over $30bn

Due to maturing foreign currency loans, securities, and deposits, Pakistan's foreign currency assets are expected to see a net outflow of $30.18 billion over the next 12 months Read more

• PSX in July: Firestone

The bulls stampeded through the Pakistan Stock Exchange in July, with the KSE-100 Index surging 11% MoM to a historic closing high of 139,390 points, adding 13,763 points in a single month. Read more

• Pakistan pushes export reform with new trade intelligence

Pakistan is to establish country-specific export plans, a real-time Trade Alert System, and AI-powered trade intelligence tools as part of a comprehensive strategy to sustain and accelerate export growth. Read more

• Govt rejects sugar crisis fears, 6.3m tons in stock

Pakistan currently has 6.3 million metric tons of sugar in stock sufficient to meet annual domestic demand while prices have declined from Rs138 to Rs119 per kg, with the panic fueled by artificial market disruption rather than any real supply issue. Read more

• Bank Makramah returns to profit in first half of 2025

Bank Makramah Limited (PSX: BML) posted a net profit of Rs715.63 million for the half-year ended June 30, 2025, reversing a net loss of Rs1.44 billion in the same period last year (SPLY). Read more

• Pakistan opens door to U.S. crude with Cnergyico’s breakthrough import

Pakistan’s largest oil refiner, Cnergyico, will import 1 million barrels of crude oil from global trader Vitol in October under a landmark deal marking the country’s first-ever purchase of U.S. crude. Read more

• Saudi Riyal available at PKR 76 in open market

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, maintaining a largely stable trend. Read more

• Pakistan invited to invest in Algeria’s $40 billion energy push

Pakistan has been invited to invest in Algeria’s rapidly expanding energy sector, which is set to receive $40 billion in investments from countries across Europe, Asia, and the Middle East. Read more

• Pakistan expands space presence with new remote sensing satellite

Pakistan successfully launched its latest Remote Sensing Satellite from the Xichang Satellite Launch Centre (XSLC) in China, marking a major milestone in its national space program. Read more

• CSAP slips to loss despite dividend payout

Crescent Steel & Allied Products Limited (PSX: CSAP) reported a net loss of Rs43.41 million [EPS: -0.56] for the year ended June 30, 2025, compared to a profit of Rs1.27 billion [EPS: 16.38] in the same period last year (SPLY). Read more

• PSMA blames dealers, confirms stable Sugar supply

The Pakistan Sugar Mills Association (PSMA) has assured that all sugar mills across the country are supplying sugar at Rs165 per kg ex-mill, and the country has sufficient sugar stocks to meet domestic demand till mid-November 2025. Read more

• Market calm helps stabilize Dollar

The US dollar has begun to stabilize against other major currencies in recent weeks, as record-high US policy uncertainty starts to subside, according to Fitch Ratings. Read more

• OGDC taps new oil at Chakar–1

Oil & Gas Development Company Limited (PSX: OGDC), operator of the Tando Allah Yar Exploration License (TAY E.L), has confirmed an oil discovery at its Chakar–1 exploratory well in District Tando Allah Yar, Sindh. Read more

• LCI delivers strong performance, declares Rs6.2 final dividend

Lucky Core Industries Limited (PSX: LCI) reported a profit of Rs11.76 billion [EPS: Rs25.46] for the year ended June 30, 2025, up 5.32% from Rs11.16 billion [EPS: Rs24.15] in FY24, driven by improved operational performance and reduced finance costs. Read more

• KSE-30 welcomes SNGP, PRL, BOP, and SSGC

Pakistan Stock Exchange Limited has completed its re-composition exercise for the KSE-30 Index, based on the review as of June 30, 2025. Read more

• Colgate crosses Rs18bn profit mark in FY25

Colgate-Palmolive Pakistan Limited (PSX: COLG) posted a net profit of Rs18.39 billion [EPS: Rs75.78] for the fiscal year ending June 30, 2025, showing a 6.4% increase from Rs17.25bn [EPS: Rs71.23] recorded in the previous year. Read more

• U.S. reduces tariff for Pakistan to 19% after talks

In a diplomatic win for Pakistan, the United States has reduced the reciprocal tariff rate on Pakistani goods from a previously proposed 29% to 19%, following direct negotiations between the Pakistani government and President Donald Trump’s administration. Read more

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