MG Morning Breeze: Updates to Skim before Market

November 06, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• SBP raises around Rs793bn in PIB Auction

The State Bank of Pakistan (SBP) has raised Rs792.65 billion through its latest Pakistan Investment Bonds (PIBs) auction held on November 5, 2025, with settlement on November 6. Read more

• Pakistan, UNDP, EU join hands to promote human rights and institutional reforms

Pakistan has reaffirmed its commitment to strengthening collaboration with the United Nations Development Programme (UNDP) and the European Union to promote and protect human rights through institutional reforms, policy development, and public awareness initiatives. Read more

• FBR offers free help, extends deadline for manual tax filers

The Federal Board of Revenue (FBR) has introduced special measures to support taxpayers who previously filed manual income tax returns, as part of its ongoing drive to digitize Pakistan’s tax filing system. Read more

• PSX Closing Bell: From Boom to Breather

The benchmark KSE-100 Index concluded Wednesday's trading session at 159,578.19, showing a decrease of 1,703.57 points or 1.06%. Read more

• PKR remains flat against USD

The Pakistani rupee (PKR) rose by 0.91 paisa against the US dollar in Wednesday's interbank session to settle the trade at PKR 280.86 per USD, compared to previous closing of 280.87. Read more

• SHC grants interim relief to K-Electric in NEPRA case

The Sindh High Court has issued interim orders dated November 4, 2025, directing that “no coercive action shall be taken against K-Electric Limited (PSX: KEL) in terms of the impugned NEPRA decision till the next date of hearing.” Read more

• Pakistan set to launch 5G as Govt prepares spectrum auction

The government is to soon unveil Pakistan’s 5G spectrum policy, paving the way for advanced connectivity and improved telecom services across the country. Read more

• Pakistan, Qatar pledge boost in defence, food security, investment

Pakistan and Qatar have reaffirmed their historic and brotherly ties, agreeing to expand collaboration in defence, agriculture, and investment, while strengthening political, economic, and cultural relations, as press release issued today. Read more

• Future Summit 2025 opens in Karachi with call for ‘Course Correction’

The 9th Edition of The Future Summit (TFS), Pakistan’s premier thought leadership platform, commenced in Karachi with the theme “Course Correction: Redefining the Direction.” Read more

• SSGC profit nosedives 58% YoY

Sui Southern Gas Company Limited (PSX: SSGC) reported a profit after tax of Rs3.44bn for the year ended June 30, 2025, down 58% from Rs8.29bn in the corresponding period last year. Read more

• Pakistan, China advance to next stage of CPEC

The China-Pakistan Economic Corridor (CPEC) has entered its second phase of high-quality development, focusing on enhanced cooperation in transport and infrastructure, information technology, agriculture, and vocational training. Read more

• Customs seizes smuggled cigarettes worth Rs38.5m in Rakhni

The Field Enforcement Unit (FEU) Rakhni, under the Collectorate of Customs (Enforcement) Quetta, has seized smuggled foreign-origin cigarettes worth Rs38.5 million, foiling a major smuggling attempt near Rakhni. Read more

• SECP, QESCO hold session to promote business formalization in Quetta

The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Quetta Electric Supply Company Limited (QESCO), organized an interactive awareness session for large industrial and commercial electricity consumers at the Quetta Chamber of Commerce and Industry. Read more

• NETSOL partners with NAVTTC to train 1,600 Professionals in AI, Data Science

NETSOL Technologies Limited's (PSX: NETSOL) sub-subsidiary company NETSOL Institute of Artificial Intelligence (Pvt.) Ltd. has signed a landmark partnership with the National Vocational & Technical Training Commission (NAVTTC). Read more

• Govt to raise Rs750bn through Ijarah Sukuk Auctions

The Pakistan Stock Exchange (PSX), in coordination with the Ministry of Finance’s Debt Management Office (DMO), has issued the auction calendar for Government of Pakistan Ijarah Sukuk (GIS) from November 2025 to January 2026, with a total target of Rs750 billion. Read more

• Gold price in Pakistan falls Rs1,000 per tola

Gold price in Pakistan decreased on Wednesday, with 24-karat gold being sold at Rs419,362 per tola, down Rs1,000. Read more

• Pakistan Bait-ul-Mal goes digital with biometric verification

In a major step toward promoting financial inclusion and transparency, Pakistan Bait-ul-Mal (PBM) has signed an agreement with Mobilink Microfinance Bank Ltd. (MMBL) to introduce an Electronic Biometric Verification System (EBVS) for beneficiaries under its social protection programs. Read more

• Foreign investors renew confidence in Pakistan

Pakistan’s position as an emerging investment destination has strengthened, according to the OICCI Perception and Investment Survey 2025. Read more

• Pakistan showcases food innovation at Gulfood Manufacturing 2025 in Dubai

Pakistan has inaugurated its pavilion at Gulfood Manufacturing 2025, one of the world’s leading food and beverage industry exhibitions, said a press release issued yesterday. Read more

• MG opens flagship dealership, driving auto growth in Pakistan

A new chapter began for Pakistan’s automotive sector as MG inaugurated its flagship dealership in Islamabad, signaling growth, innovation, and renewed investor confidence in the country’s industrial landscape. Read more

• Govt pledges course correction toward sustainable growth at The Future Summit

Pakistan must shift from reactive policymaking to a forward-looking, reform-driven approach to stabilize the economy, restore investor confidence, and set a sustainable course for growth. Read more

• NATF cooking up gains, eyes Rs485/share

National Foods Ltd (PSX:NATF) is projected to reach a target price of Rs485 per share by December 2026, a potential upside from current price of Rs394. Read more

• Qatar commits to increasing PSX investments

Qatar plans to enhance its investments in the Pakistan Stock Exchange (PSX), reaffirmed Qatar’s Prime Minister and Minister of Foreign Affairs, Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, during a meeting with President of Pakistan Asif Ali Zardari. Read more

• Debt and the Moral Paradox: Can Humanity Progress Without Borrowing the Future?

Debt built the modern world, but in doing so, it mortgaged the future. The real question now is not how to escape debt, but how to restore its morality. Read more

• Govt mulls legal, policy reforms to boost public-private partnership projects

The government is considering amendments to existing laws, policies, and regulations to accelerate the execution of Public-Private Partnership (PPP) projects across key sectors, Federal Minister for Economic Affairs and Establishment Division Ahad Cheema said on Tuesday. Read more

• Pakistan to host Inter-Parliamentary Speakers’ Conference on peace, security and development

Pakistan will host a two-day Inter-Parliamentary Speakers’ Conference (ISC) later this month to advance dialogue on peace, security, and sustainable development. Read more

• NETSOL approves sale of treasury shares to employees under ESOS

NETSOL Technologies Limited (PSX: NETSOL) has transferred/sold 1,043,565 treasury shares to eligible employees at Rs. 77.84 per share under its Employees Stock Option Scheme (ESOS). Read more

• U.S. Democrats sweep major elections, scoring key wins in multiple states

U.S. Democrats made a clean sweep in several of the nation’s most closely watched elections on Tuesday night, securing major victories in New York, New Jersey, Virginia, California, and Pennsylvania. Read more

• CDNS revises profit rates on National Savings Schemes

The Central Directorate of National Savings (CDNS) has revised profit rates on various savings schemes, effective November 4, 2025, adjusting returns across both conventional and Islamic instruments in line with the prevailing market and monetary conditions. Read more

• NBP issues foreign exchange rates

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

• Govt approves 85% increase in rental ceiling for Federal employees

The Ministry of Housing & Works has formally notified an 85% increase in the rental ceiling for federal government employees, effective November 1, 2025, following approval by the Federal Cabinet. Read more

• Asia markets tumble as AI stock sell-off deepens

Asian markets slumped sharply on Wednesday as investors fled from artificial intelligence-related stocks, sparking a broad regional sell-off. Japan’s Nikkei 225 plunged 4.65%, falling below the key 50,000 level, while the Topix index slid more than 3%. Read more

• SECP greenlights launch of New Book Building System

The Securities and Exchange Commission of Pakistan (SECP) has approved the Joint Procedures for a new Book Building Mechanism, according to the press release issued by the Commisssion. Read more

Copyright Mettis Link News