MG Morning Breeze: Updates to Skim before Market

October 13, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Weekly Market Roundup

The Pakistan Stock Exchange (PSX) endured a turbulent week, with the benchmark KSE-100 Index tumbling by 5,892 points (-3.49% WoW) to close at 163,098. Read more

• Key Pakistan Market Stats and Economic Indicators

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

• Govt moves closer to privatization of First Women Bank

The Privatisation Commission (PC) Board has recommended a reference price for the privatization of First Women Bank Limited (FWBL) to the Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT), Khurram Schehzad, Advisor to the Finance Minister, shared on X (formerly Twitter) today. Read more

• U.S. to impose 100% tariffs on chinese imports

The United States plans to impose 100% tariffs on imports from China and introduce export controls on all critical software starting November 1. Read more

• Crypto bloodbath as Trump drops tariff bombshell on China

Cryptocurrency prices tumbled after USA decided to impose an additional 100% tariff on China and export controls on software, according to Bloomberg. Read more

• Pakistan seeks global support at IMF, World bank meetings

Pakistan has introduced a major economic diplomacy drive as Finance Minister Senator Muhammad Aurangzeb departs for the United States to attend the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group. Read more

• Gold price in Pakistan falls Rs4,578 per tola

Gold price in Pakistan decreased on Friday, with 24-karat gold being sold at Rs420,600 per tola, down Rs4,578. Read more

• EU demands transparency from major platforms under digital services act

The European Commission has sent requests for information under the Digital Services Act to Apple, Google, Snapchat and YouTube, EU tech chief Henna Virkkunen told reporters before a meeting of EU ministers in Denmark, as reported by APP Read more

• PSX Closing Bell: Non Stop Slide

The benchmark KSE-100 Index concluded Friday's trading session at 163,098.19, showing a decrease of 1,432.61 points or 0.87%. Read more

• Car sales rise 67% in September

Read more

• Unity Foods commences export of biofuel feedstock, secures $30m in export contracts

Unity Foods Limited (PSX:UNITY) has successfully commenced the export of Biofuel Feedstock, marking a major milestone in the company’s ongoing diversification and sustainability strategy. Read more

• Gold’s bull run continues, eyes eighth straight weekly gain

Gold rebounded from early losses on Friday and was poised to notch its eighth consecutive weekly gain, supported by persistent political and economic uncertainty and growing expectations of further U.S. interest rate cuts. Read more

• PKR gains 2.87 Paisa, closes at 281.17 against USD

The Pakistani rupee (PKR) strengthened by 2.87 paisa or 0.01% against the US dollar in Friday's interbank session to settle the trade at PKR 281.17 per USD, compared to previous closing of 281.20. Read more

• Pakistan to send first astronaut to space

Pakistan will send its first astronaut to space next year to participate in experiments aboard China’s space station, a major milestone in the country’s space ambitions. Read more

• Saudi delegation at OICCI: Pakistan's private sector takes center stage

A prominent Saudi business delegation attended a high-level business session at the Overseas Investors Chamber of Commerce & Industry (OICCI) in Karachi today, where Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb virtually addressed the gathering, reaffirming Pakistan's commitment to private sector-led economic growth. Read more

• Weekly inflation rises by 0.17%

The Sensitive Price Indicator (SPI) for the week ended October 09, 2025, recorded a 0.17% increase compared to the previous week, driven largely by higher prices of chicken, onions, and wheat flour, data released by the Pakistan Bureau of Statistics (PBS) showed on Friday. Read more

• OMO Result: SBP injects over Rs3tr

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 Rs3.45 trillion into the market of which Rs3.25tr were injected through reverse repo OMO. Read more

• BWHL reports 20% growth in quarterly profit

Baluchistan Wheels Limited (PSX: BWHL) reported a 19.9% increase in net profit to Rs 97.2m for the quarter ended September 30, 2025, compared with Rs 81m in the same period last year. Read more

• PSX Intra Day: Feeling Positive

The benchmark KSE-100 Index holds Friday's intra trading session at 164,611.81, showing an intraday high of 164,681.55 (+69.74) and a low of 162,411.25 (-2,200.56) points as of 11:26 am. Read more

• Silver surges to four decade high of $50

Silver extended its rally during Asian trading hours on Friday, to around $49.7 staying near its highest level in nearly forty years of $50 which came around on Thursday. Read more

• Pakistan, Germany strengthen cooperation to drive socio-economic growth

Pakistan has reaffirmed its commitment to further deepen cooperation with Germany, emphasizing shared values of peace, progress and mutual development. Read more

• Pakistan customs opens new laboratory at Azakhel dry port to fast-track trade

In a significant step toward trade facilitation and improved customs operations, Pakistan Customs has established a new Customs Laboratory at Azakhel Dry Port. Read more

• PNSC to expand fleet to 15 ships by end of 2025

The Pakistan National Shipping Corporation (PNSC) is set to expand its fleet to 15 ships by the end of this year, with three new oil tankers expected to join by December 2025. Read more

• NAB, Nazaha sign MoU to boost anti-corruption, asset recovery efforts

In a significant move to deepen bilateral collaboration and enhance global accountability, the Islamic Republic of Pakistan and the Royal Kingdom of Saudi Arabia have signed a landmark Memorandum of Understanding (MoU) aimed at strengthening cooperation in the fight against corruption, money laundering and the recovery of stolen assets. Read more

• The great dollar short is backfiring on global investors

Betting against the dollar has been the dominant trade this year in the $9.6 trillion-a-day foreign exchange market, but the wager is starting to stumble. Read more

• Ijara Capital expands healthcare portfolio with acquisition of Sindlab

Ijara Capital Partners Ltd., one of Pakistan’s leading private equity and venture capital firms, has acquired Sindlab Pvt. Ltd., according to Bloomberg. Read more

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