MG Morning Breeze: Updates to Skim before Market

October 01, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• FBR Extends Income Tax Return Filing Deadline to October 15, 2025

FBR has extended the income tax return filing deadline for Tax Year 2025 to October 15, 2025. Read more

• Govt hikes petrol, diesel prices for next fortnight

The government has increased the prices of major petroleum products for the fortnight starting October 1, 2025, on the recommendation of the Oil and Gas Regulatory Authority (OGRA). Read more

• MAL Pakistan, MARI sign long-term supply agreement for Mobil lubricants

MAL Pakistan Ltd., the marketing alliance partner of ExxonMobil Lubricants, has entered into a long-term supply agreement with Mari Energies (PSX: MARI) to provide Mobil’s lubrication solutions, the company announced today. Read more

• Pakistan’s September inflation expected at 3.5-4.5%

Pakistan's inflation is expected to rise temporarily but remain contained within the 3.5–4.5% range in September 2025., according to the Economic Update and Outlook by the Finance Division. Read more

• LHC throws out Honda Atlas plea

In a major development, the Lahore High Court has rejected Honda Atlas Cars (Pakistan) Limited’s attempt to transfer its case against the Competition Commission of Pakistan (CCP) and fixed October 13, 2025, for final arguments. Read more

• BBE D wins CCP nod to acquire majority stake in Euro Gas

The Competition Commission of Pakistan (CCP) has approved the acquisition of a majority shareholding in Euro Gas (Private) Limited by BBE D Pte. Limited, said a press release issued today. Read more

• PSX Closing Bell: From Clouds to Stars

Extending its bullish momentum, the benchmark KSE-100 Index closed Tuesday’s session at 165,493.58, marking a gain of 1,645.90 points or 1.00%. Read more

• PKR rises by 4 paisa per USD

The Pakistani rupee (PKR) rose by 3.66 paisa or 0.01% against the US dollar in Tuesday's interbank session to settle the trade at PKR 281.32 per USD, compared to previous closing of 281.35. Read more

• Honda and Astrobotic partner on fuel cell technology to power Lunar missions

Lunar exploration took a significant step forward on Monday as American Honda Motor Co. reached an agreement with U.S. space firm Astrobotic Technology Inc. to provide a regenerative fuel cell system for testing on the Moon. Read more

• VIS holds stable outlook on Searle

VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of The Searle Company Limited (PSX: SEARL) at ‘AA-/A1’ (Double A Minus/A One) with a Stable outlook. The previous rating action came on July 10, 2024. Read more

• GHGL's profit dips, but delivers: board approves 15% final cash dividend

Ghani Glass Limited (PSX: GHGL) released its financial results for the fiscal year ended June 30, 2025, showing a decline in both top-line revenue and bottom-line profit. Read more

• At-Tahur Limited FY25 profit surges 49% to Rs528m

AT-TAHUR LIMITED (PSX: PREMA) reported a profit of Rs528.1m for the year ended June 30, 2025, up 49.4% from Rs353.2m in the previous year, supported by higher livestock fair value gains and cost efficiencies. Read more

• Anjum Nisar reduces stake in Bunny’s Limited to 7.91%

Anjum Nisar has notified that he has reduced his shareholding in Bunny’s Limited (PSX: BUNL) to 7.91% of the company’s issued share capital, according to a disclosure by the Company to PSX. Read more

• Pakistan introduces sustainable finance framework to attract global green, social investments

The Islamic Republic of Pakistan has established its Sovereign Sustainable Finance Framework (“Framework”) to reinforce its commitment to sustainability and provide a structured approach for raising Sustainable Financing Instruments (including Green, Social, Sustainability), said a press release issued today. Read more

• Gold hits all time historic high to reach Rs406,778 per tola

Gold price in Pakistan increased on Tuesday, with 24-karat gold being sold at Rs406,778 per tola, up Rs3,178. Read more

• Trump to speak at unusual mass assembly of senior US military officers

A rare gathering of hundreds of senior US military officers has been summoned to a base near Washington, where President Donald Trump will deliver remarks on Tuesday Read more

• YouTube to pay Trump $24.5m in settlement over account suspension

YouTube has agreed to pay $24.5m to settle a lawsuit filed by former President Donald Trump after the company suspended his account following the January 6, 2021 attack on the U.S. Capitol, according to a court filing on Monday. Read more

• Metso to invest in Pakistan's copper mining sector with advanced technology

Global technology provider Metso has informed a significant investment commitment to supply advanced equipment and technology for Pakistan's copper mining sector, particularly focusing on the Reko Diq project. Read more

• Philip Morris Pakistan set to de-list after buyback

Following a strategic share buyback that has concentrated ownership in the hands of its parent companies, Philip Morris (Pakistan) Limited has formally notified the Pakistan Stock Exchange (PSX) of its decision to voluntarily de-listing. Read more

• Uzbekistan, Kazakhstan delegations explore Pakistan's advanced disaster response systems

Pakistan's National Disaster Management Authority (NDMA) welcomed high-level parliamentary and state delegations from Uzbekistan and Kazakhstan at the National Emergencies Operations Center (NEOC) in Islamabad, marking a significant step in regional disaster management collaboration. Read more

• Pakistan, Finland strengthen cooperation to modernize mining sector

Pakistan’s mineral sector is set to attract major Finnish investment as global mining technology leader Metso confirmed its expanding role in the country, including as a key supplier for the Reko Diq project. Read more

• MARI acquires 65% stake in Peshawar Block

Mari Energies Limited (PSX: MARI) and Hycarbex American Energy Inc. (Hycarbex) have signed a farm-out agreement under which Mari Energies will acquire from Hycarbex 65% working interest and the Operatorship in the Peshawar Block located in KP. Read more

• FBR confirms no extension for income tax returns deadline

The Federal Board of Revenue (FBR) has officially refuted circulating reports claiming an extension for the Income Tax Returns filing deadline for Tax Year 2025, calling such claims "false, baseless, and misleading." Read more

• Oil sector seen poised for upside despite weak 2025 performance

Global equity markets have frequently touched record highs in 2025, yet one of the year’s weakest performing sectors the oil patch may offer investors an unexpected upside. Read more

• Dewan Cement reports Rs968m loss in FY25

Dewan Cement Limited (PSX: DCL) shared its financial results for the year ended June 30, 2025, posting a loss after tax of Rs967.8million, compared to a loss of Rs509.7m in FY24 which reflects an 89.9% increase in losses. Read more

• Govt raises Rs209bn through Ijarah Sukuk auction

The Government of Pakistan successfully raised Rs 208.98 billion through a primary market auction of Ijarah Sukuk (GIS), via the Pakistan Stock Exchange auction system. Read more

• Gul Ahmed posts 7.6% revenue growth, but profit slips 8% in FY25

Gul Ahmed Textile Mills Limited (PSX: GATM) reported its financial results for the fiscal year ended 2025, revealing a mixed performance characterized by growth in its top-line but a contraction in its bottom-line profitability. Read more

• Power Division hits back at APTMA over IGCEP criticism

The Ministry of Energy (Power Division) has strongly rebutted criticism from the All-Pakistan Textile Mills Association (APTMA) regarding the Integrated Generation Capacity Expansion Plan (IGCEP), terming the industry body's comments as "flawed and devoid of factual position." Read more

• Gul Ahmed Textile shuts export apparel segment

Gul Ahmed Textile Mills Limited (PSX: GATM) has decided to discontinue its Export Apparel Segment following a Board of Directors meeting held on September 29, 2025. Read more

• SBP issues guidelines on core information requirements for resolution planning

The State Bank of Pakistan (SBP) has issued guidelines on core information requirements for resolution planning, aimed at strengthening the financial stability regime for distressed banks, according to a circular issued to the President, Chief Executive, all banks, MFBs, and DFIs. Read more

• OGDC receives 3rd instalment of Rs7.72bn in CD settlement

Oil and Gas Development Company Limited (PSX: OGDC) has received the third monthly instalment of Rs7.725 billion as interest payment from Power Holding (Private) Limited (PHL). Read more

• ADB forecasts 3% GDP growth for Pakistan in FY2026

Pakistan’s real gross domestic product (GDP) growth is forecast at 3.0% for FY2026, supported by improving macroeconomic stability and rising investment under continued policy reforms, according to the Asian Development Bank (ADB). Read more

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