MG Morning Breeze: Updates to Skim before Market

January 02, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• CCP steps up action against cartels, deceptive marketing in 2025

The Competition Commission of Pakistan (CCP) significantly intensified its enforcement drive in 2025, imposed penalties worth Rs2.36bn on companies involved in cartelization, price manipulation, prohibited agreements, and deceptive marketing practices, while recovering Rs932.5m through active follow-up and adjudication. Read more

• Gold price in Pakistan falls Rs2,400 per tola

Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs454,562 per tola, down Rs2,400. Read more

• Fateh Sports Wear nears operations restart

Fateh Sports Wear Limited (PSX: FSWL) said the company’s management continues to actively pursue the release of a stuck amount of $2.0 million. Read more

• PSX Closing Bell: Hold On, We’re Going Up

The benchmark KSE-100 Index concluded Thursday's trading session at 176,355.49, showing an increase of 2,301.17 points or 1.32%. Read more

• Diamond Industries resumes commercial production

Diamond Industries Limited (PSX: DIIL) has signed a lease agreement and taken possession of a running factory engaged in the manufacturing of foam and spring mattresses, furniture, and allied products. Read more

• 2025 Recap

2025 unfolded as a year of quiet recalibration rather than dramatic headlines for Pakistan. Read more

• SBP reserves increases by around $13m in a week

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $12.6 million or 0.08% WoW to $15.92 billion during the week ended on December 26, 2025, data released by State Bank of Pakistan showed on Thursday. Read more

• Kohat Cement lifts solar capacity to 17.66 MW

Kohat Cement Company Limited (PSX: KOHC) has completed the installation and energization of an additional 2.32 MW on-grid solar power system at its plant site in Kohat plant. Read more

• Lucky Investments introduces Shariah-compliant energy fund

Lucky Investments Limited has introduced the Lucky Islamic Energy Fund (LIEF), a Shariah-compliant, sector-focused equity fund designed to provide investors with exposure to Pakistan’s growing energy sector through ethical and disciplined investing. Read more

• December inflation rises by 5.6%

Pakistan's headline Consumer Price Index (CPI) inflation rose by 5.6% year-on-year (YoY) in December 2025, compared from 6.1% increase in November 2025, the Pakistan Bureau of Statistics (PBS) reported today. Read more

• PSX Mid-Day: Surging Into 2026 with Strength

The Pakistan Stock Exchange opened the new year on a strong note, with the KSE-100 Index crossing the 176,000 mark for the first time. Read more

• Govt eliminates Rs3.4tr power sector burden

Independent Power Producers (IPPs) eliminated a cumulative financial burden of Rs3.40 trillion on consumers and the national exchequer through successful and transparent renegotiations. Read more

• OGDC strengthens Pakistan’s energy reserves with Baragzai X-01 Discovery

The Oil and Gas Development Company Limited (PSX:OGDC), operator of the Nashpa Exploration License with a 65% stake, in partnership with Pakistan Petroleum Limited (PPL) holding 30% and Government Holdings (Private) Limited (GHPL) with 5%, has made a notable oil and gas discovery at the Baragzai X-01 (Slant) exploratory well in the Datta Formation, District Kohat. Read more

• Pakistan, Saudi Arabia reaffirm strong bilateral ties

Pakistan and Saudi Arabia reaffirmed their strong bilateral ties and commitment to further strengthening cooperation. Read more

• ZUMA approves accounts, revamps leadership

Zuma Resources Limited (PSX: ZUMA), formerly Bilal Fibres Limited, held a meeting of its Board of Directors today in which several key decisions were approved. Read more

• Customs intercepts Rs252.5m smuggled betel nuts

Customs enforcement authorities seized 30.5 metric tons of smuggled betel nuts of foreign origin along with four passenger buses in an intelligence-based operation near Hub, Balochistan. Read more

• 2026 seen driving stronger trade, investment between Pak, USA

Pakistan and the United States entered 2026 with a renewed emphasis on strengthening economic cooperation, building on the positive momentum achieved during 2025, which was widely seen as a strong year for advancing trade, investment, and long-term partnership between the two countries. Read more

• Pakistan’s short-term FX liabilities reach around $31bn

Due to maturing foreign currency loans, securities, and deposits, Pakistan's foreign currency assets are expected to see a net outflow of $30.96bn, according to the latest liquidity report released by the State Bank of Pakistan (SBP). Read more

• BOI details reforms to ease doing business

The Board of Investment reaffirmed its commitment to facilitating domestic and foreign investors as Pakistan continues to implement regulatory reforms, expand Special Economic Zones, and simplify procedures to improve ease of doing business. Read more

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