MG Morning Breeze: Updates to Skim before Market

August 28, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• SECP mandates digital payment adoption

The Securities and Exchange Commission of Pakistan (SECP) has directed all its licensed entities to adopt and display digital payment solutions, particularly Raast QR Codes, at their business outlets by October 31, 2025. Read more

• Money supply reaches around Rs45tr as of July

The total money supply circulating within the economy till July 2025 has been recorded at Rs44.68 trillion, according to provisional accounts on Monetary Aggregates for the month, maintained by the State Bank of Pakistan (SBP). Read more

• Pakistan, Malaysia economic linkage gets stronger on the horizon

Pakistan and Malaysia are set to strengthen trade and investment ties as successful B2B engagements and a Business Opportunities Conference (BOC) opened new avenues for bilateral collaboration. Read more

• ENGROH earnings to hit Rs8.7bn in 2QCY25

Engro Holdings Ltd. (PSX: ENGROH) is to post consolidated recurring earnings of Rs8.7 billion (EPS: Rs7.25) in 2QCY25, up 3.9x year-on-year compared to Rs2.2bn (EPS: Rs1.86) in the same period last year. Read more

• MoITT, CCH sign MoU for Model Digital Institution

To transform Cadet College Hasanabdal (CCH) into a Model Digital Institution under Pakistan’s National Digital Vision and CCH Vision 2030, the Ministry of Information Technology and Telecommunication (MoITT) signed a Memorandum of Understanding (MoU) with the college. Read more

• Govt solarizes 37 railway stations to save Rs163m annually

The government has successfully shifted 37 railway stations to solar power, a move aimed at reducing reliance on conventional electricity and saving an estimated Rs163.52 million in annual energy costs. Read more

• Goldman projects Brent crude in $50s next year

Goldman Sachs commodity analysts expect Brent crude to slump to the low $50s next year, citing an expected over supply of some 1.8 million barrels daily towards the end of the year Read more

• UN Women, SBP BSC partner to advance financial inclusion, women’s empowerment in Pakistan

The State Bank of Pakistan, Banking Service Corporation (SBP BSC) and UN Women Pakistan have signed a Memorandum of Understanding (MoU) to foster long-term cooperation aimed at enhancing financial inclusion, financial literacy, and access to finance, with a strong focus on promoting gender equality and women’s empowerment in Pakistan. Read more

• China issues guideline to accelerate AI integration

China has rolled out a comprehensive guideline to advance the Artificial Intelligence (AI) Plus Initiative, targeting widespread adoption of AI technologies across six major fields by 2027 Read more

• Dubai Chamber records strong H1 growth in foreign business registration

A significant rise in new business registrations was recorded at the Dubai Chamber of Commerce during the first half of 2025, with Indian entrepreneurs maintaining the lead among non-UAE members. Read more

• PKR increases by 3 paisa against USD

The Pakistani rupee (PKR) gained by 3.17 paisa against the US dollar in Wednesday's interbank session to settle the trade at PKR 281.83 per USD, compared to previous closing of 281.86. Read more

• PSX Closing Bell: A Tough Day at the Office

The benchmark KSE-100 Index concluded Wednesday's trading session at 147,494.03, showing a decrease of 941.03 points or 0.63%. Read more

• PABC half-year profit jumps 41%

Pakistan Aluminium Beverage Cans Limited (PSX: PABC) has released its financial results for the half year ended June 30, 2025, posting a profit of Rs3.89 billion, up 40.7% from Rs2.76bn in the same period last year. Read more

• The National Interest hails Asim Munir’s diplomacy

New York: U.S. magazine The National Interest acknowledged Field Marshal Syed Asim Munir’s role in driving Pakistan’s foreign policy to major achievements. Read more

• Government to power Gwadar Port with solar grids

Gwadar Port is set to shift towards solar power as part of a government plan to enhance efficiency and resolve the city’s persistent energy challenges. Read more

• Fatima Fertilizer half-year profit jumps over 20%

Fatima Fertilizer Company Limited (PSX: FATIMA) shared its financial results for the six months ended June 30, 2025, posting a profit after tax of Rs16.93bn, up 24.7% from Rs13.58bn in the same period last year. Read more

• OTSU reports Rs27.7m profit after loss in FY2024

Otsuka Pakistan Limited (PSX: OTSU) has informed its financial results for the year ended June 30, 2025, reporting a profit after tax of Rs27.68 million, compared to a loss of Rs4.76m in the same period last year. Read more

• Soneri Bank’s earnings trimmed down

Soneri Bank Limited (PSX: SNBL) has reported a profit after taxation of Rs2.49 billion for the half year ended June 30, 2025, reflecting a 22.36% decline compared to Rs3.21bn in the same period last year. Read more

• Bank AL Habib posts around 9% decline in half-year earnings

Bank AL Habib Limited (PSX: BAHL) has posted a profit after tax of Rs19.79 billion for the half year ended June 30, 2025, reflecting an 8.66% decline compared to Rs21.66bn in the same period last year. Read more

• Gold price in Pakistan rises Rs1000 per tola

Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs361,700 per tola, up Rs1,000. Read more

• US-India trade relations strained as tariffs double

President Donald Trump has followed through on his threat to double tariffs on imports from India, raising them to 50% in a move that risks straining relations with one of America’s most important trading partners while driving up consumer prices. Read more

• Google expands AI mode to Pakistan for smarter search experience

A new era of search has arrived in Pakistan as Google rolled out its advanced ‘AI Mode’, giving users access to an enhanced, AI-driven browsing experience. Read more

• Oil prices steady as tariff impact are to unfold

Oil prices held largely flat on Wednesday after a decline in the previous session, as traders weighed the impact of looming U.S. tariffs on India in retaliation for its continued purchases of Russian crude. Read more

• Trump targets rate cuts with Fed board majority

President Donald Trump said he will soon secure a majority of his nominees on the Federal Reserve board of governors to back his push for lower interest rates, hours after taking the unprecedented step of moving to fire Governor Lisa Cook. Read more

• 100 electric buses en route from China to Punjab

One hundred modern electric buses have departed from Shanghai Seaport for Pakistan, Punjab Chief Minister Maryam Nawaz Sharif informed through a post on X. Read more

• Pakistan oil draws interest from US firms after Trump’s reserves claim

America’s senior most envoy in Pakistan has told the South Asian nation that US companies are showing “strong interest” in its oil and gas sector, after President Donald Trump late last month surprised the industry by vaunting “massive” reserves, as Bloomberg reported. Read more

• Petrol prices likely to ease in September

Petrol prices are expected to decrease by Rs1.5 per litre for the first half of September 2015, following a slight dip in international oil rates. Read more

• Govt unveils policy to cut emissions, boost green mobility

The government has formally declared the New Energy Vehicle Policy 2025-2030, aiming to promote environment friendly and cost-effective transportation in the country. Read more

• 3 Pakistani steel stocks ready to tap US market

Aisha Steel Mills Limited (ASL), International Industries Limited (INIL), and International Steels Limited (ISL) stand at the threshold of a transformative opportunity as recent trade policy developments have positioned Pakistani steel giants for dramatic export growth to the United States. Read more

• Saudi Riyal available at PKR 75.55 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 SAR and AED, while QAR remained unchanged, maintaining a largely stable trend. Read more

• Australia CPI rises faster than expected in July

Australian consumer prices jumped by more than expected in July, fueled by a sharp rise in electricity costs tied to the timing of government rebates, adding volatility to this year’s inflation series. Read more

• AGP Limited half-year profit nearly doubles

AGP Limited (PSX: AGP) shared its financial results for the half-year ended June 30, 2025 and posted a profit after tax of Rs1.69bn, nearly 97.2% higher than Rs858m recorded in the same period last year. Read more

• Pakistan, China strengthen partnership in agriculture

Agricultural cooperation between Pakistan and China took center stage as Federal Minister for National Food Security and Research, Rana Tanveer Hussain, held talks with a 20-member Chinese delegation led by Mr. Yuan Jianmin, Advisor to the People’s Government of Xinjiang. Read more

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