MG Morning Breeze: Updates to Skim before Market

January 09, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• SCRA ends week above Rs36bn

The SCRA balance increased by Rs.6.926 billion during the week ending Jan 02, 2026 to close at Rs.36.3bn. Read more

• SBP reserves increases by $141m in a week

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $140.6 million or 0.88% WoW to $16.06 billion during the week ended on January 02, 2026, data released by State Bank of Pakistan showed on Thursday. Read more

• 3,000 wheat lines enter field trials

Pakistan has significantly accelerated its wheat improvement programme by advancing nearly 3,000 newly developed wheat lines into field evaluation. Read more

• PTA rolls out 15-Year MVNO licensing framework

The Pakistan Telecommunication Authority (PTA) has formally introduced a new regulatory framework for Mobile Virtual Network Operators (MVNOs) after receiving approval from the Federal Cabinet, a move aimed at strengthening competition and innovation in the telecom sector. Read more

• Saudi Arabia seeks deeper defence cooperation with Pakistan

Saudi Arabia’s senior defence leadership has shown keen interest in expanding joint training programmes and operational coordination with Pakistan, with a particular focus on Multi Domain Operations. Read more

• PSX Closing Bell: A Step Back, Not a Fall

The benchmark KSE-100 Index concluded Thursday's trading session at 185,543.01, showing a decrease of 975.70 points or 0.52%. Read more

• Zarea accelerates digital expansion with AI and global domain

Zarea Limited (PSX: ZAL) has advanced its digital transformation and global expansion strategy through a series of strategic initiatives aimed at strengthening its technology base, brand identity, and intellectual property portfolio. Read more

• EFERT secures increased gas allocation from Habib Rahi Limestone reservoir

Engro Fertilizers Limited (PSX:EFERT) is to receive an enhanced gas allocation of 105 MMscfd from the Habib Rahi Limestone (HRL) reservoir for its Base Plant, which the Government of Pakistan has approved. Read more

• PKR holds steady against USD

The Pakistani rupee (PKR) remained mostly flat with a slight rise by 1.03 paisa against the US dollar in Thursday's interbank session to settle the trade at PKR 280.05 per USD, compared to previous closing of 280.06. Read more

• PSX to resume trading in GoP Ijarah Sukuk

Trading in Government of Pakistan (GoP) Ijarah Sukuk (GIS) issued on January 09, 2025 will resume at the Pakistan Stock Exchange (PSX) with revised profit rates following the earlier suspension linked to rental payment matters. Read more

• Karachi port makes waves with first ferry terminal

The government has inaugurated Pakistan’s first-ever ferry terminal at Karachi Port Trust (KPT), a move aimed at promoting coastal tourism, enhancing regional connectivity, and strengthening the country’s blue economy. Read more

• Zuma Resources shifts from Textile to Tech

Zuma Resources Limited (PSX: ZUMA) has changed its principal line of business from Textile to Technology Investing & Development as part of a strategic diversification initiative. Read more

• Gold price in Pakistan falls Rs600 per tola

Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs466,162 per tola, down Rs600. Read more

• Gold slips on firm dollar, U.S. jobs data in focus

Gold prices edged lower on Thursday as a firmer U.S. dollar weighed on the market ahead of a key U.S. jobs report that could shape expectations for future Federal Reserve policy, while geopolitical risks remained in focus. Read more

• Pakistan, Visa align on digitizing govt payments

Pakistan’s finance ministry and global payments firm Visa agreed to expand technical coordination on digitizing government payments and strengthening the country’s digital payments infrastructure. Read more

• PNSC launches construction of 1,100-TEU container ship

The construction of a new 1,100 twenty-foot equivalent unit (TEU) container ship for the Pakistan National Shipping Corporation (PNSC) has officially begun which marks a significant step toward bolstering Pakistan’s maritime capabilities and reducing dependence on international shipping operators. Read more

• Govt approves Mari field gas allocation for fertilizer plants

The Government has approved the allocation and pricing of gas from the Ghazij and Shawal discoveries in the Mari Field of Mari Energies Limited (PSX: MARI), located in Daharki, District Ghotki, Sindh, for supply to fertilizer plants. Read more

• Sukuk market strength carries into 2026

The global sukuk market has entered 2026 on strong footing and is expected to remain a vital funding source for emerging markets. Read more

• SBP raises over Rs1tr through MTBs, PIB auctions

The State Bank of Pakistan (SBP) raised a combined Rs1.087 trillion in its latest auction of Market Treasury Bills (MTBs) and 10-year Pakistan Investment Bond – Floating Rate (PIB-PFL). Read more

• Pakistan gets first HKC certified ship recycling yard

Pakistan has operationalised its first ship recycling facility certified under the Hong Kong International Convention (HKC). Read more

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