MG Morning Breeze: Updates to Skim before Market

November 11, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• CCP continues ICH crackdown as recoveries climb to Rs772m

The Competition Commission of Pakistan (CCP) has recovered a further Rs19m from Multinet (Pvt.) Limited and Rs1.4m from Voice Communications in the International Clearing House (ICH) case, taking total recoveries to Rs772m. Read more

• China suspends port fees, signals warming trade ties with US

China said on Monday it would suspend for one year the “special port fees” applied to US-operated and US-built vessels, moving in step with Washington’s decision to pause levies targeting Chinese ships. The move signals a further easing of tensions in the prolonged trade standoff between the two largest economies. Read more

• PKR edges higher, closes at 280.81 Against USD

The Pakistani rupee (PKR) increased by 1.61 paisa against the US dollar in Monday's interbank session to settle the trade at PKR 280.81 per USD, compared to previous closing of 280.82. Read more

• PSX Closing Bell: Smooth Operator

The benchmark KSE-100 Index concluded Monday's trading session at 161,538.40, showing an increase of 1,945.50 points or 1.22%. Read more

• PIDE calls for urgent tariff reforms to boost exports

A new ‘Policy Viewpoint’ by the Pakistan Institute of Development Economics (PIDE) on Monday warned that Pakistan’s protectionist and overly complex tariff system was costing the economy billions of rupees annually, suffocating industrial competitiveness, and trapping the country in a cycle of inefficiency. Read more

• Lucky Investments inaugurate Islamic Pension Fund to promote ethical retirement planning

Lucky Investments Limited, a full-fledged Islamic asset management company under the Yunus Brothers Group, has revealed the launch of the Lucky Islamic Pension Fund (LIPF) a Shariah-compliant retirement savings solution designed to enable individuals to build long-term financial security through disciplined and ethical investing. Read more

• Intermarket Securities secures SECP license to operate as securities manager

The Securities and Exchange Commission of Pakistan (SECP) has granted a Securities Manager license to Intermarket Securities Limited, authorizing the brokerage firm to expand its financial services under the Securities Act, 2015. Read more

• Fire erupts at Gul Ahmed warehouse

Gul Ahmed Textile Mills Limited (PSX: GATM) has reported a fire incident at one of its warehouse facilities, as disclosed to the Pakistan Stock Exchange (PSX) on November 10, 2025. Read more

• Sazgar produces 2,575 three-wheelers, 1,242 four-wheelers in October 2025

Sazgar Engineering Works Limited (PSX: SAZEW) produced 1,242 units and recorded sales of 1,379 units for its four-wheelers, including off-road and passenger vehicles, during October 2025. Read more

• China reaffirms Pakistan as key partner in modernization drive: CG Yang

China remains committed to viewing Pakistan as a priority partner in its neighbourhood diplomacy and development vision under the upcoming 15th Five-Year Plan (2026–2030), said Mr Yang Yundong, Consul General of the People’s Republic of China in Karachi. Read more

• Capturing the full value of next-gen connectivity in Pakistan

Pakistan is pursuing a bold vision for a prosperous future, digital and otherwise, in line with the URAAN Pakistan initiative that aims to position the nation as a global player. Read more

• Beco Steel stock split: shares face value drops to Rs1

Beco Steel Limited (PSX: BECO) will change the face value of its shares from Rs10 to Rs1 following a stock split, effective after the upcoming book closure. The decision is available on the Pakistan Stock Exchange (PSX) website. Read more

• AI revolution faces major power crisis in the U.S.

The United States’ race to lead the global artificial intelligence revolution is hitting an unexpected roadblock, a shortage of electricity to power it. Read more

• Gold price in Pakistan rises Rs7,400 per tola

Gold price in Pakistan increased on Monday, with 24-karat gold being sold at Rs429,862 per tola, up Rs7,400. Read more

• Gold prices gain as traders bet on December fed rate cut

Gold prices surged more than 1% on Monday, supported by growing expectations of a U.S. Federal Reserve interest rate cut in December and a series of weak economic reports that deepened concerns about a global slowdown. Read more

• Nimir eyes strong FY26 on cost cuts & growth plans

Nimir Chemicals Limited (NICL) is poised for a robust FY26 performance, following strategic measures to stabilize costs and optimize operations. Read more

• PACRA upgrades Atlas asset management to top AM1 rating

The Pakistan Credit Rating Agency (PACRA) has upgraded the Asset Manager Rating of Atlas Asset Management Limited (AAML) to ‘AM1’ from ‘AM2++’, with a stable outlook, showing the company’s superior business profile, strong governance standards, and consistent fund performance across multiple categories. Read more

• SBP to conduct Rs275bn GoP Ijara Sukuk auction on Bai Muajjal basis

The State Bank of Pakistan's Domestic Markets & Monetary Management Department has shared an auction tender for the outright purchase of Government of Pakistan Ijara Sukuk on a Bai Muajjal (deferred payment) basis from all Islamic Banks and Islamic Banking Branches, with a target of Rs275bn. Read more

• AHL gears up for a busy IPO season across key sectors

Pakistan’s leading brokerage and investment banking firm, Arif Habib Limited (AHL), is set to kick off what could be one of the most active equity raising seasons in recent years, with around seven to eight Initial and Secondary Public Offerings (IPOs/SPOs) lined up between December and June. Read more

• SBP to conduct Rs200bn PFL buyback auction

The State Bank of Pakistan's Domestic Markets & Monetary Management Department has shared a buyback auction for Pakistan Investment Bond Floating Rate (PFL) securities worth Rs200 billion. Read more

• SBP targets to raise around Rs5tr: Auction Calendar Nov 25–Jan 26

The government is targeting to raise Rs5.3 trillion during the three months from November 2025 to January 2026 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 reaffirms unity with Azerbaijan, Turkiye at Baku parade

Prime Minister Shehbaz Sharif reaffirmed Pakistan’s unwavering solidarity with Azerbaijan and Turkiye, emphasizing the enduring bond of “faith, friendship, and shared struggle” among the three brotherly nations. Read more

• PIACL Privatisation: AKD Group joins AHCL-led consortium

The privatisation process of Pakistan International Airlines Corporation Limited (PIACL) has gained momentum as AKD Group, through its subsidiary AKD Group Holdings (Private) Limited, has joined the consortium led by Arif Habib Corporation Limited (PSX:AHCL) , the company's filing on PSX revealed today. Read more

• Oil gains on hopes of U.S. shutdown deal

Oil prices climbed on Monday amid optimism that a resolution to the U.S. government shutdown could soon boost demand in the world’s largest oil-consuming nation, despite lingering worries over increasing global supply. Read more

• NBP issues foreign exchange rates

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

• Asia markets rebound as China inflation beats forecasts

Asia markets opened higher on Monday, rebounding from last week’s declines driven by concerns over inflated artificial intelligence (AI) valuations. Read more

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