MG Morning Breeze: Updates to Skim before Market

September 29, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• SBP Clarifies 2-Hour Cooling Period in Digital Transfers

Real-time transfers remain unaffected; 2-hour buffer in wallets adds an extra layer of security Read more

• Weekly Market Roundup

The bulls came out in full force this week as the KSE-100 Index roared to 162,257 points, climbing 4,220 points (+2.67% WoW). Read more

• Money supply reaches Rs44.66tr as of August

The total money supply circulating within the economy till August 2025 has been recorded at Rs44.66 trillion, according to provisional accounts on Monetary Aggregates for the month, maintained by the State Bank of Pakistan (SBP). Read more

• Key Pakistan Market Stats and Economic Indicators

Weekly roundup of Key Economic releases and market data and statistics Read more

• CCP issues advisory on dealership agreements, exemption compliance

The Competition Commission of Pakistan (CCP) has cautioned undertakings that dealership, distribution, agency, and wholesale agreements containing restrictive provisions may fall within the scope of prohibited agreements under Section 4 of the Competition Act, 2010. Read more

• PSX, SECP sign MoU to enhance market oversight

The Pakistan Stock Exchange Limited (PSX) and the Securities and Exchange Commission of Pakistan (SECP) have entered into a strategic partnership to enhance oversight of the capital markets through a signed Memorandum of Understanding (MOU). Read more

• Wilmar expects full-year profit despite Indonesian Court penalties

Wilmar International Ltd will remain on track to deliver a full-year profit despite a hefty penalty imposed by Indonesia’s Supreme Court in a corruption case tied to palm oil exports. Read more

• Mobile phone output slumps 46% in August

Pakistan’s domestic mobile phone manufacturing and assembly experienced a sharp slowdown in August 2025, recording a significant month-on-month (MoM) decrease of 46%, according to the latest data from the Pakistan Telecommunication Authority (PTA). Read more

• Pakistan dispatches economic team to Riyadh to unlock investment

The government has sent a ministerial team to Saudi Arabia on Thursday to advance talks on an economic roadmap, with billions of dollars in potential investment stuck amid disagreements over the Bilateral Investment Treaty (BIT). Read more

• PSX Closing Bell: What a Wonderful Run

The benchmark KSE-100 Index concluded Friday's trading session at 162,257.00, showing an increase of 2,976.91 points or 1.87%. Read more

• Hala completes major solar installation at Lahore factory

Hala Enterprises Limited has completed the installation of a significant solar photovoltaic system at its manufacturing facility, marking another milestone in Pakistan's growing renewable energy sector. Read more

• Power Cement partners with Burj Clean Energy for 7.5MW wind power project

Power Cement Limited (PSX:POWER) has signed an agreement with Burj Clean Energy Modarabah (BCEM) to establish a 7.5-megawatt wind power project at its plant site. Read more

• Suraj to shut down Nooriabad Unit

Suraj Cotton Mills Limited has decided to close its Nooriabad Unit after the Board of Directors, in a meeting held today, resolved that the unit had become financially unviable. Read more

• Unity Foods swings to Rs1.63bn profit in FY25

Unity Foods Limited (PSX: UNITY) shared its financial results for the year ended June 30, 2025 (FY25), reporting a consolidated net profit of Rs1.63 billion compared to a net loss of Rs3.52bn in FY24. Read more

• PKR gains 4 paisa per USD

The Pakistani rupee (PKR) rose by 3.51 paisa or 0.01% against the US dollar in Friday's interbank session to settle the trade at PKR 281.37 per USD, compared to the previous closing of 281.41. Read more

• Pioneer Cement reveals Rs10/share dividend for FY25

Pioneer Cement Limited (PSX: PIOC) has capped off a robust fiscal year with a final cash dividend declaration, marking a period of continued profitability and strategic financial management. Read more

• Infralectric powers telecom with AI-driven energy storage and green sukuk

In a landmark development for Pakistan’s telecom and energy sectors, Infralectric, a Brillanz Group company, has informed the introduce of Pakistan’s first Green Sukuk for the Telecom Sector, alongside the successful completion of the nation’s first 25MWh AI-powered Energy Storage as a Service (ESaaS) project, powered by Thunder AI. Read more

• Zong partners with Mercantile to launch iPhone 17 in Pakistan

Zong, Pakistan’s leading technology innovation company, has strategically partnership with Mercantile, the official Apple Authorized Distributor, to bring the highly anticipated iPhone 17 to Pakistan in October 2025. Read more

• PSO approves winding up of wholly-owned subsidiary

Pakistan State Oil Company Limited (PSX:PSO) has approved the winding up of its wholly-owned subsidiary, PSO Venture Capital (Private) Limited (PSOVC). Read more

• Gold price in Pakistan falls Rs1,000 per tola

Gold price in Pakistan decreased on Friday, with 24-karat gold being sold at Rs395,800 per tola, down Rs1,000. Read more

• Weekly SPI decreases by 0.16%

Pakistan's short-term inflation decreased by 0.16% compared to the previous week, while it rose by 3.95% compared to the same period last year, the Pakistan Bureau of Statistics (PBS) reported on Friday. Read more

• OMO Result: SBP injects Rs3.2tr

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 Rs3.21 trillion into the market of which Rs3.03tr were injected through reverse repo OMO. Read more

• Millat Tractors slated for 18% downside as analyst downgrades to SELL

According to Topline Securities, Millat Tractors (MTL) has a December 2026 target price of Rs425 per share, based on a Discounted Cash Flow (DCF) valuation. The current market price of MTL is approximately Rs563. Read more

• Dost Steels secures lender settlement, asset revaluation plan

Dost Steels Limited (PSX:DSL) has signed a settlement agreement with its syndicate of lender banks for outstanding liabilities worth Rs2.08 billion, paving the way for the company’s financial restructuring and revival. Read more

• NEPRA approves final generation tariff for KPCO

The National Electric Power Regulatory Authority (NEPRA) has approved the final generation tariff for Kot Addu Power Company Limited (KAPCO), setting new rates for the company's 495 MW gas/RLNG and 478 MW LSFO power generation units. Read more

• Pakistan, HWPL reaffirm commitment to global peace and humanitarian cooperation

A delegation from the Korean organization Heavenly Culture, World Peace, Restoration of Light (HWPL), led by Mr. Kim Joonyun, Chief Branch Manager of Global10 Branch, held a meeting with Federal Minister for Poverty Alleviation and Social Safety, Syed Imran Ahmed Shah, at the Ministry in Islamabad. Read more

• Indus Dyeing uncovers Rs438m embezzlement by former employees

Indus Dyeing and Manufacturing Limited (PSX: IDYM) has reported a financial embezzlement of approximately Rs439 million, allegedly committed by two former employees, Nadeem ul Haq and Bakhtiar Masood. Read more

• Crescent Star Insurance gets SECP nod for Right Issue at Rs3/Share

Crescent Star Insurance Limited (PSX: CSIL) has received approval from the Securities and Exchange Commission of Pakistan for its planned Right Issue at Rs3 per share. Read more

• Pakistan receives $680m external financing in August

Pakistan secured external financing worth $679.79 million in August 2025 from multiple financing sources, 2.1% lower than last month and 151.3% higher than the same month last year. Read more

Fauji Cement expects up to 9% growth in cement demand for FY26

Fauji Cement Company Limited (PSX: FCCL) expects overall cement demand to grow by 8–9% in FY26, supported by a 4–5% increase in local demand and sustained momentum from Afghanistan, where the company holds a leading 33% market share in cement exports, the company shared in its FY25 corporate briefing Read more

• Ignite unveils AI Wrapper competition 2025 with Rs8.75m prize to Power Digital Pakistan

Ignite National Technology Fund, operating under the Ministry of Information Technology and Telecommunication, has officially introduced the AI Wrapper Competition 2025, a landmark national initiative aimed at inspiring youth, professionals, startups and researchers to leverage artificial intelligence (AI) in solving Pakistan’s real-world challenges. Read more

• SCRA balance falls Rs1.33bn

The SCRA balance decreased by Rs1.33bn during the week ending Sep 19, 2025 to close at Rs28.74bn. Read more

• Sapphire Fibres approves merger with Reliance Cotton Spinning Mills

Sapphire Fibres Limited (PSX: SFL)'s Board of Directors has approved a Scheme of Compromises, Arrangement, and Reconstruction for the amalgamation of Reliance Cotton Spinning Mills Limited (RCSML) with and into Sapphire Fibres. Read more

• Ingredion to divest majority stake in Rafhan Maize to Nishat Hotels

Ingredion Incorporated, the majority shareholder of Rafhan Maize Products Company Limited (PSX: RMPL), has entered into a conditional share purchase agreement with Nishat Hotels and Properties Limited for the sale of its 51.04% stake in the company. Read more

• IMF mission arrives in Pakistan for $8.4bn loan reviews amid flood crisis

An International Monetary Fund (IMF) mission has arrived in Pakistan to conduct crucial reviews of the country’s ongoing bailout and climate financing programs, the lender confirmed on Thursday. Read more

• Pakistan, U.S. enter new phase of cooperation

Prime Minister Shehbaz Sharif has expressed confidence that the Pakistan-U.S. partnership will grow stronger under the leadership of U.S. President Donald Trump while further calling for enhanced cooperation in trade, security, and regional stability. Read more

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