MG Morning Breeze: Updates to Skim before Market

September 02, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Pakistan, Azerbaijan leaders stress regional connectivity

Pakistan and Azerbaijan emphasized the importance of advancing regional connectivity initiatives and strengthening collaboration within multilateral platforms, including the SCO, to foster prosperity and integration across the region Read more

• Türkiye, Iran reaffirm support amid Pakistan flood crisis

Pakistan’s ongoing flood emergency dominated discussions as Prime Minister Muhammad Shehbaz Sharif met separately with President Recep Tayyip Erdogan of Türkiye and President Masoud Pezeshkian of Iran on the sidelines of the Shanghai Cooperation Organisation (SCO) Council of Heads of State in Tianjin. Read more

• PSX Closing Bell: Points in the Green

The market kicked off the month on a positive note, with the benchmark KSE-100 Index closing Monday’s session at 149,971.12, up 1,353.35 points or 0.91%. Read more

• PKR appreciates by 2 paisa against USD

The Pakistani rupee (PKR) appreciated by 2.13 paisa or 0.01% against the US dollar in Monday's interbank session to settle the trade at PKR 281.75 per USD, compared to previous closing of 281.77. Read more

• Gold price in Pakistan rises Rs3,300 per tola

Gold price in Pakistan increased on Monday, with 24-karat gold being sold at Rs370,700 per tola, up Rs3,300. Read more

• August inflation rises to 3%

Consumer Price Index (CPI) inflation decelerated to 3% YoY in August 2025, down from 4.1% recorded in the previous month, according to official data released today. Read more

• Image REIT set to make history with hybrid Rs920m IPO

Sinolink REIT Management Company Limited is set to launch Image REIT, Pakistan's pioneering hybrid Real Estate Investment Trust (REIT), through an Initial Public Offering (IPO) valued at Rs920.15 million. Read more

• Govt–Military unity strengthens Pakistan’s international recognition

The joint strategy of the government and military leadership has strengthened Pakistan’s international position, leading the world to acknowledge the nation’s sacrifices, foresight and vision. Read more

• PM stresses economic collaboration in SCO forum

Pakistan has reiterated its unwavering commitment to the Shanghai Cooperation Organisation (SCO) charter, with Prime Minister Shehbaz Sharif emphasizing the country’s dedication to regional cooperation and integration. Read more

• SECP orders phased adoption of shariah-compliant trading mechanism

The Securities and Exchange Commission of Pakistan (SECP) has directed its licensed entities to adopt concrete measures for facilitating the growth of Shariah-compliant intermediary services, in line with the constitutional mandate to gradually eliminate riba from the financial sector. Read more

• SBP sets Special Cash Reserve Account rate at 3.27% for September

The State Bank of Pakistan (SBP) has maintained the rate of remuneration for the month of September 2025 on Special Cash Reserve Account (US$) with the State Bank of Pakistan will be 3.27%. Read more

• India, China pledge to deepen partnership at SCO summit

India and China agreed to strengthen their partnership rather than view each other as rivals, as Prime Minister Narendra Modi and President Xi Jinping met on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in China. Read more

• August 2025: The Midas Touch

August 2025 will be remembered as the month when Pakistani capital markets defied all odds and delivered a masterclass performance that left investors celebrating. Read more

• Pakistan, Iran leaders discuss bilateral ties

On the sidelines of the Shanghai Cooperation Organization (SCO) Council of Heads of Member States summit in Tianjin, China, Prime Minister Muhammad Shehbaz Sharif met with Iranian President Masoud Pezeshkian. Read more

• PSX invites public feedback on corporate briefing, fund rules

The Pakistan Stock Exchange (PSX) has issued proposed amendments to its regulations covering corporate briefing sessions, the Centralized Customers Protection Compensation Fund (CCPF), and the schedule of charges. Read more

• Pakistan, China agree to enhance financial cooperation

Pakistan and China have agreed to strengthen collaboration in the financial sector, with a particular focus on capital market linkages, during a meeting held today in Beijing between Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, and Mr. Jing Feng, Chairman of Hongta Securities. Read more

• Macpac Films profit falls 67%

Macpac Films Limited (PSX: MACFL) shared its financial results for the year ended June 30, 2025, posting a profit after tax of Rs85.28m (EPS: Rs1.44), down 66.9% compared to Rs257.72m (EPS: Rs4.35) reported in FY24. Read more

• At-Tahur licenses “PREMA” to Minha Edible Oils

At-Tahur Limited has granted a license to Minha Edible Oils & Ghee Mills (Private) Limited for the use of its registered trademark “PREMA,” the company informed the Pakistan Stock Exchange (PSX). Read more

• SECP, ADB collaborate on We-Finance Code awareness

The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Asian Development Bank (ADB), organized an Industry Familiarization Session on the We-Finance Code in Karachi recently. Read more

• PM Shehbaz Sharif aims to deepen economic links in China

Prime Minister Shehbaz Sharif is seeking more investment during his visit to China. He will meet Chinese business leaders and speak at the Pakistan-China B2B Investment Conference in Beijing. Read more

• Saudi Riyal available at PKR 75.5 in open market

The exchange rates for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) against the Pakistani Rupee (PKR) as of [10 am PST] remained unchanged, maintaining a stable trend in today’s session. Read more

• Bata Pakistan: Marching on trumpet feet

Bata, a company that was established primarily to meet humans’ most basic needs, footwear evolved into a lifestyle company over the years. Read more

• Avanceon profit surges to Rs168m

Avanceon Limited (PSX: AVN) shared its consolidated financial results for the six months ended June 30, 2025, reporting a profit after tax of Rs168m (EPS: Rs0.38) compared to Rs28m (EPS: Rs0.01) in the same period last year, which showed a more than fivefold increase. Read more

• Searle achieves DRAP registration for Denosumab biosimilars

The Searle Company Limited (PSX: SEARL) has successfully obtained registration of Denosumab injections 120mg and 60mg (biosimilar drugs) from the Drug Regulatory Authority of Pakistan. Read more

• Sazgar profit doubles to Rs16bn

Sazgar Engineering Works Limited (PSX: SAZEW) informed its financial results for the year ended June 30, 2025, reporting a significant rise in profitability alongside a generous dividend payout. Read more

• Octopus Digital sees 66% drop in half-year earnings

Octopus Digital Limited (PSX: OCTOPUS) posted a profit of Rs30.35 million for the half year ended June 30, 2025, reflecting a 66.43% decline compared to Rs90.4m in the same period last year, according to the company’s consolidated statement of profit or loss. Read more

• August tax revenue falls short

Pakistan’s Federal Board of Revenue (FBR) has fallen short of its tax collection target for August, intensifying concerns over the government’s ability to meet its ambitious fiscal goals amid mounting economic pressures. Read more

• FM woos UAE investors amid reform, climate push

Emphasizing Pakistan’s vulnerability to climate change, Finance Minister Muhammad Aurangzeb apprised the delegation of UAE investors that Pakistan is prioritising bankable projects to unlock financing from international lenders, including the IMF, World Bank, and Asian Development Bank. Read more

• Asia markets mixed as China’s RatingDog data improves

Asia-Pacific markets traded mixed Monday as investors assessed China’s RatingDog manufacturing data for August. Read more

• NBP issues foreign exchange rates

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

• Govt keeps petrol price unchanged, diesel sees a Rs3 cut

The government of Pakistan kept the price of petrol steady at Rs. 264.61 per litre, while reducing rates for other petroleum products in its latest fortnightly review. Read more

Copyright Mettis Link News