MG Morning Breeze: Updates to Skim before Market

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MG News | December 23, 2025 at 06:00 AM GMT+05:00

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December 23, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The State Bank of Pakistan (SBP) will remain closed on Thursday, December 25, 2025, being a public holiday on the occasions of Quaid-e-Azam Day and Christmas, in line with the holiday declared by the Government of Pakistan. Read more

The Securities and Exchange Commission of Pakistan (SECP) has made key amendments to the Companies (Further Issue of Shares) Regulations, 2020, that focuses on the issuance of shares with different rights and privileges by listed companies. Read more

The Securities and Exchange Commission of Pakistan (SECP) has unveiled a proposed Framework for Registered Intermediaries (RIs), which marked a significant step toward strengthening regulatory compliance and digital access in the financial sector. Read more

Millat Tractors Limited (PSX: MTL) has signed a strategic agreement with Massey Ferguson Corp. (MFC) and AGCO Limited, the global owner of the MF brand, to strengthen its international presence. Read more

Pakistan’s stock market has entered a historic phase as the benchmark KSE-100 Index crossed the 171,500 level by mid-December 2025, a strong investor confidence, higher corporate profitability, and deepening capital market participation. Read more

Gold price in Pakistan touched all time high on Monday, with 24-karat gold being sold at Rs462,362 per tola, up Rs6,200. Read more

The benchmark KSE-100 Index concluded Monday's trading session at 171,204.17, showing a decrease of 200.31 points or 0.12%. Read more

Macter International Limited (PSX: MACTER) introduced Cobolmin SL, a sublingual formulation of Mecobalamin. Read more

The Pakistani rupee (PKR) gained by 3.07 paisa against the US dollar in Monday's interbank session to settle the trade at PKR 280.22 per USD, compared to previous closing of 280.25. Read more

Pakistan and China have taken a major step toward strengthening bilateral ties in the technology sector by formalizing twenty-four new memoranda of understanding. Read more

Blue-Ex Limited’s (PSX:GEMBLUEX) initial public offering (IPO) attracted applications for a total of 4,232,500 ordinary shares against the issue size of 1,000,000 shares. Read more

Customs Enforcement in Karachi recovered 64,578 litres of smuggled Iranian diesel and petrol, valued at around Rs16.5m, and seized a Mazda vehicle used in the operation, worth approximately Rs20m. Read more

BF Biosciences Limited (PSX: BFBL) will undergo a leadership transition. Read more

Gold breached the $4,400-per-ounce threshold on Monday, buoyed by expectations of U.S. rate cuts and heightened demand for safe-haven assets, with silver also hitting a historic peak. Read more

Engro Corporation has successfully executed a Rs133 billion transaction structured entirely on Islamic financing principles. Read more

The public portion of Pak Qatar Family Takaful Limited’s initial public offering (IPO) was oversubscribed by nearly four times, showing strong investor demand. Read more

Sui Southern Gas Company Limited (PSX: SSGC) reported a profit after tax of Rs785.1m for the quarter ended September 30, 2025, down 84.9% from Rs5.19bn in the corresponding quarter last year. Read more

Striking a bullish tone during an interview on the upcoming live bidding for Pakistan International Airlines (PIA), Muhammad Ali, Adviser to the Prime Minister on Privatisation and Chairman of the Privatisation Commission, highlighted the national carrier's substantial untapped commercial potential. Read more

Pakistan and Iraq agreed to move ahead with practical steps to expand bilateral cooperation, including efforts to raise trade volumes and establish direct banking channels. Read more

The participating groups are fully capable of managing the national carrier despite not having prior experience running a large international airline, said Muhammad Ali, Adviser to the Prime Minister on Privatisation and Chairman of the Privatisation Commission. Read more

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

Fauji Foundation has decided not to submit a bid for the privatization of Pakistan International Airlines (PIA), according to Muhammad Ali, who disclosed the development during an interview with a private media channel. Read more

The bidding process for the privatization of Pakistan International Airlines (PIA) will be conducted live on television on December 23 to ensure complete transparency, according to Muhammad Ali, who shared extensive details during an interview with a private media channel. Read more

Asia markets moved higher on Monday with investors reviewing China’s decision to hold key lending rates steady and taking direction from strong gains on Wall Street. Read more

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