MG Morning Breeze: Updates to Skim before Market

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

• Pakistan, France vow joint efforts for interfaith harmony, cultural preservation

Minister of State for Religious Affairs and Interfaith Harmony, Kheal Das Kohistani on Wednesday met with French Ambassador to Pakistan Nicolas GALEEY and discussed ways to promote interfaith harmony and peace. Read more

• Pakistan calls for enhanced regional connectivity at Silk Way Forum

Federal Minister for Communications emphasized the importance of enhanced regional connectivity through direct flights, expanded trade corridors, and improved land routes to boost economic cooperation among regional states at the “New Silk Way Forum.” Read more

• PKR Inches Up by 1.20 paisa against USD

The Pakistani rupee (PKR) strengthened by 1.20 paisa or 0.00% against the US dollar in Wednesday's interbank session to settle the trade at PKR 281.31 per USD, compared to previous closing of 281.32. Read more

• SBP raises over Rs977bn in T-Bills, PIB auctions

The State Bank of Pakistan (SBP) on Wednesday raised Rs977.19 billion through its treasury bills and Pakistan Investment Bonds auctions, indicating sustained government borrowing from the domestic market to meet fiscal requirements. Read more

• Pakistan’s short-term FX liabilities reach over $32bn

Due to maturing foreign currency loans, securities, and deposits, Pakistan's foreign currency assets are expected to see a net outflow of $32.45 billion, according to the latest liquidity report released by the State Bank of Pakistan (SBP). Read more

• September inflation rises to 5.6%

Pakistan’s consumer inflation accelerated sharply in September, with headline CPI climbing 5.6% YoY, compared to 3.0% in August 2025 and 6.9% in September 2024. Read more

• Pakistan, Syria vow to deepen historic ties and expand cooperation

Pakistan has reiterated its commitment to strengthening its historic and brotherly ties with Syria, rooted in shared faith, history, and mutual respect. Read more

• PSX Closing Bell: Growing Bits

The benchmark KSE-100 Index concluded Wednesday's trading session at 165,640.33, showing an increase of 146.75 points or 0.09%. Read more

• Tata Textile Mills launches BMR project to enhance efficiency

Tata Textile Mills Limited (PSX:TATM) has initiated a major Balancing, Modernization and Replacement (BMR) project at its Muzaffargarh Plant (Unit-M01). Read more

• September to Remember

September was a month when the Pakistan Stock Exchange refused to look back. The KSE-100 Index stormed to an all-time high of 165,494 points, adding a staggering 16,876 points or 11.355% in just a month. Read more

• Gold price in Pakistan rises Rs3,500 per tola

Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs410,278 per tola, up Rs3,500. Read more

• Pak, US relations enter new phase as investment drive gains momentum

Pakistan and the United States are deepening cooperation in energy, mining, and technology as both sides move to rebuild economic and military ties. Read more

• CCP sets out tough conditions for PTCL–Telenor merger

The Competition Commission of Pakistan (CCP) unveiled its much-anticipated decision at a press conference just a while ago, granting conditional approval to Pakistan Telecommunication Company Limited’s (PTCL) acquisition of Telenor Pakistan and Orion Towers. Read more

• Pakistan, UAE reaffirm commitment to strengthen bilateral relations

Pakistan and the United Arab Emirates reaffirmed their commitment to strengthening bilateral ties as the Minister of State for Finance and Railways, Bilal Azhar Kayani, met UAE President Sheikh Mohammed bin Zayed Al Nahyan at the Presidential Palace Qasr Al Bahr in Abu Dhabi. Read more

• Sindh introduces livestock vaccination and health campaign in Thar

A comprehensive livestock vaccination and health campaign has been introduced in Thar under the Livestock Improvement Program. Read more

• Extreme heat intensifies in world’s cities

The world’s largest capital cities are now enduring 25% more days of extreme heat each year than they did in the 1990s, according to APP. Read more

• Zong introduces China IR bundle for national day and mid-Autumn festival travelers

To celebrate China’s National Day and the Mid-Autumn Festival, Pakistan’s leading technological innovation company, Zong, has introduced an exclusive International Roaming (IR) bundle for customers traveling to China. Read more

• Pakistan eyes modern mining future as global interest grows

Pakistan possesses vast reserves of copper, gold, and rare earth elements, opening new avenues for international cooperation in the mining sector. Read more

• Mobilink Bank partners with TPL life to provide medical camps in flood-hit Punjab

Mobilink Bank, Pakistan’s leading digital microfinance bank, has partnered with TPL Life, a digital insurance provider, to deliver critical healthcare support to flood-affected communities across Punjab. Read more

• CCP approves PTCL’s acquisition of Telenor Pakistan

The Competition Commission of Pakistan (CCP) has approved Pakistan Telecommunication Company Limited (PTCL) for its proposed acquisition of Telenor Pakistan (Private) Limited and Orion Towers (Private) Limited, a major development in the country’s telecom sector. Read more

• Zong launches Next-Gen IoT services

Zong, Pakistan’s leading technology innovation company, has launched a new suite of Internet of Things (IoT) solutions aimed at transforming industries, agriculture, and urban infrastructure. Read more

• Aik partners with PTCL to boost secure cloud infrastructure for digital banking

Aik, Pakistan’s first Islamic digital banking platform, has entered into a strategic partnership with Pakistan Telecommunication Company Limited (PTCL) to enhance its infrastructure through PTCL Smart Cloud. Read more

• SBP targets to raise Rs6.5tr: Auction Calendar Oct–Dec

The government is targeting to raise Rs6.5 trillion during the three months from October to December 2025 through the auction of Market Treasury Bills (MTBs) and Pakistan Investment Bonds (PIBs), according to the auction calendars released by the State Bank of Pakistan (SBP). Read more

• Pakistan, Germany partner on power sector digitization, green transition

Pakistan has reaffirmed its commitment to building a modern, transparent, and sustainable energy system through enhanced cooperation with Germany. Read more

• Govt backs PIA revamp

The Government has emphasized that a revitalized Pakistan International Airlines (PIA) is essential for enhancing the country’s global connectivity and unlocking its trade and tourism potential. Read more

• Gold hits record high amid U.S. shutdown fears and weak labor data

Gold prices soared to a record high on Wednesday as investors flocked to safe-haven assets amid rising concerns over a potential U.S. government shutdown and signs of a weakening labor market, which reinforced expectations of imminent interest rate cuts by the Federal Reserve. Read more

• TRG nears Rs4bn in profit for FY25

TRG Pakistan Limited (PSX: TRG) has shared its financial results for the year ended June 30, 2025, reporting a dramatic swing in profitability. Read more

• AGHA approves restructuring finance facilities worth Rs23.2bn

The Board of Directors of Agha Steel Industries Limited (PSX: AGHA) has approved the restructuring of aggregate finance facilities worth Rs23.2 billion with banks and financial institutions. Read more

• TOMCL kicks Off operations at KEPZA facility

The Organic Meat Company Limited (PSX: TOMCL) has commenced operations at its Karachi Export Processing Zone (KEPZA) facility from today, through its fully owned subsidiary, Mohammad Saeed Mohammad Hussain Limited (MSMHL). Read more

• OGDC reports gas discovery at Bitrism East-1 well

Oil & Gas Development Company Limited (PSX: OGDC) has reported a discovery of gas and condensate at the Bitrism East-1 well in District Khairpur, Sindh Province, the Company's filing on PSX reported today. Read more

• Pakistan successfully repays $500mn Eurobond maturity

Pakistan has successfully repaid its $500 million International Bond (Eurobond) that matured on September 30, 2025, meeting its obligations to global investors on schedule. Read more

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