MG Morning Breeze: Updates to Skim before Market

December 15, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• SBP revises Directors’ fee caps

The State Bank of Pakistan (SBP) has revised its Corporate Governance Regulatory Framework (CGRF) with changes to bank categorization criteria and directors’ remuneration limits. Read more

• Weekly Market Roundup

The Pakistan Stock Exchange extended its upward momentum during the week as the benchmark KSE-100 Index climbed from 167,086 points last week to 169,865 points, registering a strong gain of 2,779 points, or 1.66% on a week-on-week basis. Read more

• Key Pakistan Market Stats and Economic Indicators

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

• Appellate Court Grants Stay to TRG

The Model Civil Appellate Court of Karachi has suspended a Sindh High Court’s verdict that had dismissed TRG Pakistan Limited’s case against JS Group and Mr. Zia Chishti et al. Read more

• SCRA ends week above Rs33bn

The SCRA balance increased by Rs.3.11 bn during the week ending Dec 05, 2025 to close at Rs.33.36bn. Read more

• Matco Foods secures court approval for corn starch merger scheme

The Sindh High Court has sanctioned Matco Foods Limited (PSX: MFL)'s long-awaited corporate restructuring plan. Read more

• PSX Closing Bell: Modest Gains Hold the Day

The benchmark KSE-100 Index concluded Friday's trading session at 169,864.52, showing an increase of 1,289.83 points or 0.77%. Read more

• Otsuka Pakistan to temporarily halt production for annual maintenance

Otsuka Pakistan Limited (PSX:OTSU) is to suspend its production operations from December 20, 2025, to January 4, 2026, as part of its scheduled annual preventive maintenance program. Read more

• ADB approves $540m for Pakistan’s SOE reforms, Sindh coastal resilience

The Asian Development Bank (ADB) has approved two major projects worth a combined $540m to support Pakistan’s state-owned enterprise (SOE) reforms and strengthen climate resilience in Sindh’s coastal districts. Read more

• PVARA grants NOCs to Binance, HTX

The Pakistan Virtual Assets Regulatory Authority (PVARA) has issued No Objection Certificates (NOCs) to Binance and HTX, according to the Press Statement issued today. Read more

• Gold prices soar in Pakistan, up Rs10,700 per tola

Gold price in Pakistan increased on Friday, with 24-karat gold being sold at Rs454,262 per tola, up Rs10,700. Read more

• PKR rises by 4 paisa against USD

The Pakistani rupee (PKR) strengthened by 4.04 paisa against the US dollar in Friday's interbank session to settle the trade at PKR 280.32 per USD, compared to previous closing of 280.36. Read more

• PQFTL IPO off to a flying start, oversubscribed 3.2 times

Pak-Qatar Family Takaful Limited (PQFTL) has successfully closed its IPO book-building process with a robust oversubscription of 3.2 times, a historic milestone as the Pakistan Stock Exchange’s first-ever IPO by a dedicated Family Takaful company Read more

• Weekly SPI decreases by 0.03%

Pakistan’s short-term inflation, measured through the Sensitive Price Indicator (SPI), recorded a marginal decline of 0.03% for the week ended December 11, 2025, driven mainly by sharp reductions in key perishable food items. The data was released by the Pakistan Bureau of Statistics (PBS). Read more

• OMO Result: SBP injects Rs10.5tr into market

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 Rs10.48 trillion into the market of which Rs10.27tr were injected through reverse repo OMO. Read more

• IMF points to tight policy, key to Pakistan’s stability ahead

The International Monetary Fund (IMF) has highlighted Pakistan’s “appropriately tight” monetary policy stance and proactive financial sector measures as key factors in maintaining macroeconomic stability amid recent flood-related challenges. Read more

• Customs seizes 275,000 litres of smuggled diesel

Customs Enforcement Quetta has seized 275,000 litres of smuggled diesel and two prime movers worth a combined Rs. 190 million in two coordinated operations carried out in and around the city. Read more

• IMF urges Pakistan to sustain momentum in climate and energy reforms

Pakistan is entering a new phase of climate-focused economic reform, with fresh momentum building behind policies designed to strengthen resilience and drive low-carbon growth. Read more

• Pakistan, Turkmenistan explore new trade routes via Gwadar port

Pakistan has offered Turkmenistan access to its Karachi and Gwadar ports to expand Central Asian trade routes, a development that emerged from talks between Prime Minister Shehbaz Sharif and Turkmen President Serdar Berdimuhamedov in Ashgabat. Read more

• IMF says only reforms can save Pakistan’s FY26

The International Monetary Fund (IMF) has warned that Pakistan’s FY26 economic outlook will remain fragile unless reforms continue uninterrupted, as updated projections show slower growth, temporarily rising inflation and renewed pressure on the current account following the 2025 monsoon floods. Read more

• WB approves $400m for water, sanitation in Pakistan

The World Bank’s Board of Executive Directors on Thursday approved $400 million in financing for a new project to provide safely managed water, sanitation, and basic hygiene services. Read more

• Asia markets rise on upbeat Wall Street momentum

Asia markets moved mostly higher on Friday as regional investors took positive cues from Wall Street where two major U.S. benchmarks closed at new record highs. Read more

• IMF piles on new structural conditions for Pakistan

The International Monetary Fund (IMF) has added new structural conditions to Pakistan’s $7 billion Extended Fund Facility, taking the total to 64 conditions in just 18 months. Read more

• NBP issues foreign exchange rates

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

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