MG Morning Breeze: Updates to Skim before Market
MG News | December 24, 2025 at 06:00 AM GMT+05:00
December 24, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Arif Habib has won the auction for 75% shares of Pakistan International Airlines Corporation Limited (PIAC) with a successful bid of Rs135bn. Read more
Pakistan and the United Arab Emirates reaffirmed their commitment to further strengthening bilateral relations, with a particular focus on expanding economic cooperation, trade, and investment across key sectors. Read more
In a highly anticipated live auction held on television from Islamabad, the Arif Habib-led consortium emerged as the frontrunner in the latest phase of Pakistan International Airlines’ (PIA) privatization. Read more
Pakistan Stock Exchange (PSX) will remain closed on Thursday, December 25, 2025, in observance of the public holiday declared by the Government of Pakistan on the occasion of Quaid-e-Azam Day and Christmas, according to a notice issued by the Exchange. Read more
Pakistan Petroleum Limited (PSX:PPL) has made an unconventional gas discovery from the Lower Alabaster Formation at its exploratory well LAL X-1, located in District Kashmore within the Kandhkot Development and Production Lease (D&PL) area of Sindh Province. Read more
The benchmark KSE-100 Index concluded Tuesday's trading session at 171,073.73, showing a decrease of 130.44 points or 0.08%. Read more
Liven Pharma Limited (PSX: LIVEN) has commissioned a new Automatic Ampule Washing Machine at its manufacturing facility, which is now fully operational and integrated into the existing production line. Read more
The Pakistani rupee (PKR) appreciated by 1.22 paisa against the US dollar in Tuesday's interbank session to settle the trade at PKR 280.21 per USD, compared to previous closing of 280.22. Read more
The government of Pakistan has acquired an additional debt of Rs466.7 billion during the week ended December 12, 2025, which brings its total net retirement for ongoing fiscal year 2026 to Rs149.06bn, according to the central bank's weekly estimates. Read more
The Board of Attock Refinery Limited (PSX: ATRL) is considering the disinvestment of its shareholding in its wholly owned subsidiary, Attock Hospital (Pvt.) Limited, as part of a move to concentrate on its core refining business. Read more
Broad money (M2), the most widely used measure of money supply in Pakistan, rose by Rs497.98 billion WoW to Rs40.69 trillion as of December 12, 2025, data released by State Bank of Pakistan (SBP) showed. Read more
Pakistan secured external financing worth $511.49 million in November 2025 from multiple financing sources, 8.6% higher than last month and 45.8% lower than the same month last year. Read more
Pakistan Refinery Limited (PSX: PRL) has appointed Mr. Zafar Ul Islam Usmani as the interim Managing Director and Chief Executive Officer, effective January 1, 2026. Read more
Pakistan took a major step toward accelerating its digital and financial inclusion agenda as the Economic Coordination Committee (ECC) on Tuesday approved the recommendations of the Spectrum Auction Advisory Committee, chaired by Finance Minister Muhammad Aurangzeb. Read more
Unity Foods Limited (PSX: UNITY) has gone through a planned leadership transition, effective December 23, 2025, today, with Mr. Amir Shehzad, the current Chairman of the Board, appointed as the company’s new Chief Executive Officer. Read more
Amreli Steels Limited (PSX: ASTL) has successfully received Rs1 billion through the issuance of 40 million ordinary shares at Rs25 per share to the existing sponsor Mr. Shayan Akberali. Read more
The United States is set to release its third-quarter gross domestic product (GDP) report on Tuesday. Consensus estimates from MarketWatch and Trading Economics project a 3.2% growth rate. Read more
Gold price in Pakistan increased on Tuesday, with 24-karat gold being sold at Rs470,862 per tola, up Rs8,500. Read more
US tech giant Amazon has blocked more than 1,800 North Koreans from applying for jobs, as Pyongyang increasingly sends IT workers abroad to generate and launder funds. Read more
The government is fully focused on improving the electricity transmission system to ensure reliable supply and regionally competitive rates for industries, according to a press release issued. Read more
Kohinoor Mills Limited (PSX: KML) has commenced commercial production at its newly established Apparel Division, reinforcing its strategic expansion in the apparel industry. Read more
The State Bank of Pakistan (SBP) has emphasized the need for deep-rooted reforms to ensure sustainable economic growth and break the country’s recurring "boom-bust" cycles. Read more
The chairman of the All Pakistan Textile Mills Association (APTMA), Kamran Irshad, warned that Pakistan’s textile sector is facing serious challenges despite positive government economic indicators. Read more
The International Finance Corporation (IFC) has made its first PKR-denominated investment in Pakistan, providing an unfunded Partial Credit Guarantee (PCG) of up to Rs33.6 billion (around US$120 million). Read more
The Government of Pakistan has received three sealed bids for the privatisation of Pakistan International Airlines Corporation Limited (PIACL), submitted by the Arif Habib Consortium, Lucky Group Consortium, and Air Blue, according to official sources. Read more
The global energy industry is entering 2026 with abundant supply, eased price pressures and a shifting investment landscape, as oil and gas markets loosen while power demand continues to grow and the energy transition slows. Read more
Ample wheat stocks are available to meet Pakistan’s requirements for the Food Year 2025-26, the Cabinet Committee on Essential and Cash Crops has confirmed. Read more
National Clearing Company of Pakistan Limited (NCCPL) has outlined the schedule and procedure for the collection of Capital Gain Tax (CGT) related to stock market transactions and mutual fund redemptions for November 2025. Read more
Pakistan and Bangladesh have opened negotiations to revise their bilateral tax treaty, with technical teams from both countries meeting in Islamabad this week to align the agreement with current international standards. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Tuesday, issued the following exchange rates. Read more
Pakistan has finalized a defense deal worth more than $4 billion with Libya’s Libyan National Army (LNA) for the sale of military equipment, Arab News reported, citing Pakistani officials, despite a longstanding United Nations arms embargo on the North African country. Read more
Asia markets mostly traded higher on Tuesday, tracking gains on Wall Street overnight, where technology and artificial intelligence-linked shares provided fresh momentum. Read more
The Privatisation Commission, Government of Pakistan, is holding an open bidding today for the sale of a 75% stake in Pakistan International Airlines Corporation Limited (PIACL), with the bid submission process commencing at 10:30 a.m. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 171,073.73 239.25M | -0.08% -130.44 |
| ALLSHR | 103,120.18 648.63M | -0.20% -206.29 |
| KSE30 | 52,237.50 75.59M | -0.16% -86.08 |
| KMI30 | 243,705.75 64.55M | -0.42% -1027.98 |
| KMIALLSHR | 66,920.67 287.33M | -0.36% -243.91 |
| BKTi | 47,435.09 35.67M | 0.57% 269.64 |
| OGTi | 33,136.01 4.63M | -0.58% -193.65 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 87,385.00 | 87,795.00 87,130.00 | -300.00 -0.34% |
| BRENT CRUDE | 62.42 | 62.50 62.28 | 0.04 0.06% |
| RICHARDS BAY COAL MONTHLY | 91.00 | 0.00 0.00 | 2.40 2.71% |
| ROTTERDAM COAL MONTHLY | 96.45 | 96.65 96.35 | 0.05 0.05% |
| USD RBD PALM OLEIN | 1,016.00 | 1,016.00 1,016.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 58.43 | 58.62 58.28 | 0.05 0.09% |
| SUGAR #11 WORLD | 15.17 | 15.24 14.96 | 0.18 1.20% |
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