MG Morning Breeze: Updates to Skim before Market

News Image

MG News | October 29, 2025 at 07:15 AM GMT+05:00

0:00

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

Tariq Glass Industries Limited (PSX: TGL) reported a profit after taxation of Rs885.4m for the quarter ended September 30, 2025, up 25.5% from Rs705.5m in the corresponding quarter last year. Read more

ZAR, a fintech startup aiming to make dollar-based digital money accessible to everyday Pakistanis, has raised $12.9 million in a new funding round led by Andreessen Horowitz (a16z). Read more

Saif Power Limited (PSX: SPWL) reported a loss after tax of Rs161.4m for the nine months ended September 30, 2025, a sharp reversal from a profit of Rs1.05bn in the corresponding period last year. Read more

The Kingdom of Saudi Arabia and the Islamic Republic of Pakistan have launched a comprehensive Economic Cooperation Framework to further strengthen their long-standing partnership and expand bilateral collaboration across key economic sectors. Read more

The total deposits held by scheduled banks increased by 2.2% MoM to Rs35.21 trillion by the end of September 2025, up from Rs34.46tr in August, according to the latest data released by the State Bank of Pakistan (SBP). Read more

Unity Foods Limited (PSX: UNITY) posted a net profit after levies and taxation of Rs95.97 million for the quarter ended September 30, 2025, marking a significant turnaround from a net loss of Rs141.15m in the corresponding quarter of the previous year. Read more

The Pakistani rupee (PKR) rose by 3.66 paisa against the US dollar in Tuesday's interbank session to settle the trade at PKR 280.97 per USD, compared to previous closing of 281.01. Read more

The benchmark KSE-100 Index concluded Tuesday's trading session at 160,101.02, showing a decrease of 2,062.79 points or 1.27%. Read more

Kohat Cement Company Limited (PSX: KOHC) reported a profit after taxation of Rs2.94bn for the quarter ended September 30, 2025, down 14.4% from Rs3.44bn in the corresponding quarter last year. Read more

Cnergyico PK Limited has reported a significant improvement in its quarterly performance, slashing its net loss by more than half on the back of a turnaround in operating profitability and a notable reduction in finance costs. Read more

The World Bank has warned that Pakistan’s current economic growth rate of 3% is too low to meaningfully reduce poverty or unemployment, even as the country shows early signs of gradual recovery. Read more

Gold prices have retreated sharply after reaching record highs this month, with spot prices sliding by nearly $460 in just ten days. Read more

Flying Cement Company Limited (PSX: FLYNG) reported a profit after taxation of Rs130.66m for the quarter ended September 30, 2025, representing a remarkable increase of 455.95% from Rs23.5m in the corresponding quarter last year. Read more

Pakistan Oilfields Limited (POL) has reported a remarkable surge in profitability, with its Profit After Tax (PAT) soaring over 119% YoY to Rs5.89 billion for the quarter ended September 30, 2025, compared to Rs2.69bn in the same period last year. Read more

Nishat Power Limited (PSX: NPL), a key independent power producer (IPP) in Pakistan, reported a profit after tax of Rs584.3 million for the quarter ended September 30, 2025, showing a decline of 64.63% compared to Rs1.65bn in the same period last year. Read more

Gold price in Pakistan decreased on Tuesday, with 24-karat gold being sold at Rs416,362 per tola, down Rs14,000. Read more

Pakistan State Oil (PSO) has posted a remarkable turnaround in its financial performance, with profit after tax (PAT) soaring over fivefold to Rs11.18 billion during the quarter ended September 2025, compared to Rs1.86 billion in the same period last year. Read more

Bank Makramah Limited (PSX: BML) reported a profit after tax of Rs891.3m for the nine months ended September 30, 2025, compared to a loss of Rs3.18bn in the corresponding period last year, showing a strong turnaround in profitability. Read more

Nishat Chunian Power Limited (PSX: NCPL), a key player in Pakistan's independent power producer (IPP) sector, reported a profit after tax of Rs552.1 million for the quarter ended September 30, 2025, marking a decline of 62.33% from Rs1.47 billion in the corresponding period last year. Read more

Service Global Footwear Limited (PSX: SGF) has posted stellar results for the nine months ended September 30, 2025, with its consolidated profit after taxation (PAT) soaring by 107.3% to Rs1.67 billion, compared to Rs804.9 million in the same period last year. Read more

Attock Refinery Limited (PSX: ATRL) reported a profit after tax of Rs1.45bn for the quarter ended September 30, 2025, down 56% from Rs3.33bn in the corresponding quarter last year. Read more

Ghani Chemical Industries Limited (GCIL) has strengthened its regional footprint with a strategic joint venture in Oman, marking a major step in its international expansion strategy. Read more

National Refinery Limited (PSX: NRL) reported a profit after taxation of Rs1.03bn for the quarter ended September 30, 2025, a sharp reversal from a loss of Rs7.24bn in the corresponding quarter last year. Read more

Thatta Cement Company Limited (PSX: THCCL) posted a 27.5% YoY increase in consolidated profit after tax (PAT) for the first quarter ended September 30, 2025, supported by a sharp rise in sales and lower finance costs. Read more

Hi-Tech Lubricants Limited (PSX: HTL) reported a profit after taxation of Rs107.2m for the quarter ended September 30, 2025, surging 4.3 times from Rs20.2m in the corresponding quarter last year. Read more

The consumer confidence Index (CCI) in Pakistan increased to 40 points in October compared to 37.7 points in September, according to a survey report released by the State Bank of Pakistan (SBP). Read more

Avanceon Limited (PSX: AVN) has reported a significant downturn in its financial performance for the nine months ended September 30, 2025, recording a net loss compared to a substantial profit in the prior year. Read more

Wafi Energy Pakistan Limited (PSX: WAFI) shared the company’s financial performance for the nine months ended September 30, 2025. The company reported a profit after tax of Rs3bn, compared to a profit after tax of Rs724m in the same period last year. Read more

Lucky Cement Limited (PSX: LUCK) has reported a profit after taxation (PAT) of Rs 23.56 billion for the quarter ended September 30, 2025, reflecting a 19% year-on-year increase. Read more

The Organic Meat Company Limited (PSX: TOMCL) reported a profit after tax of Rs182.1m for the quarter ended September 30, 2025, up 7% from Rs170.6m in the corresponding quarter last year. Read more

In response to a BBC Urdu article portraying Pakistan’s economy in decline, Khurram Schehzad, Advisor to the Finance Minister, strongly defended the country’s progress, stating that Pakistan’s story today is one of facts, not fiction. Read more

The total money supply circulating within the economy stood at Rs44.84 trillion by the end of September 2025, according to the State Bank of Pakistan’s (SBP) provisional data on Monetary Aggregates. Read more

Inflation in October 2025 is expected to remain contained within the 5–6% range, despite temporary price pressures stemming from flood-related supply disruptions and border closures, according to the Monthly Economic Update & Outlook for October 2025. Read more

Attock Petroleum Limited (PSX: APL), one of Pakistan's leading oil marketing companies, reported a profit after tax of Rs3.81 billion for the quarter ended September 30, 2025, marking a robust 59.82% increase from Rs2.38bn in the corresponding period last year. Read more

Indus Motor Company Limited (PSX: INDU) reported a profit after taxation of Rs6.72bn for the quarter September 30, 2025, up 32% from Rs5.09bn in the corresponding period last year. Read more

Asia markets fell across the board on Tuesday as investors turned cautious ahead of a key meeting between U.S. President Donald Trump and Japan’s newly appointed Prime Minister, Sanae Takaichi. Read more

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

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 159,492.47
28.70M
-0.38%
-608.56
ALLSHR 97,194.48
96.30M
-0.34%
-331.06
KSE30 48,680.82
11.64M
-0.37%
-178.58
KMI30 231,177.21
5.62M
-0.44%
-1011.67
KMIALLSHR 63,699.85
30.02M
-0.40%
-258.94
BKTi 44,847.72
6.43M
-0.22%
-100.32
OGTi 31,405.52
0.58M
-0.43%
-135.61
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 112,770.00 113,380.00
112,135.00
-975.00
-0.86%
BRENT CRUDE 64.37 64.70
64.23
-0.03
-0.05%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-0.55
-0.68%
ROTTERDAM COAL MONTHLY 92.50 0.00
0.00
0.00
0.00%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 60.11 60.41
59.95
-0.04
-0.07%
SUGAR #11 WORLD 14.39 14.59
14.28
-0.07
-0.48%

Chart of the Day


Latest News
October 29, 2025 at 09:49 AM GMT+05:00

NBP issues foreign exchange rates


October 29, 2025 at 09:06 AM GMT+05:00

From Clay Tablets to Credit Cards, Debt’s Long Shadow


October 29, 2025 at 07:15 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


October 29, 2025 at 02:06 AM GMT+05:00

SBP’s Dollar Buys and Policy Measures Support PKR Stability



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg