MG Morning Breeze: Updates to Skim before Market

January 12, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Weekly Market Roundup

The Pakistan Stock Exchange closed the week on a strong footing, with the benchmark KSE-100 Index gaining 5,374.74 points, or 3.00% WoW, to settle at 184,409.67, compared to 179,034.93 at the close of the previous week. Read more

• Cap on the Card? U.S credit rates set to drop to 10%

The United States could see sweeping changes to consumer lending rules under a proposal that would temporarily cap credit card interest rates. Read more

• Pakistan SOEs post Rs123bn net loss in FY25

Pakistan’s state-owned enterprises recorded a net loss of Rs122.9 billion in FY2024-25, sharply wider than the Rs30.6bn loss a year earlier. Read more

• Dr Kabir Ahmed Sidhu named new chairman of SECP

The government has approved the appointment of Dr Kabir Ahmed Sidhu as Chairman of the Securities and Exchange Commission of Pakistan (SECP) with immediate effect. Read more

• Key Pakistan Market Stats and Economic Indicators

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

• Govt, Roche agree on free cancer medicines

Free cancer medicines worth up to Rs10 million per patient will be provided to eligible patients from Islamabad, Azad Jammu & Kashmir and Gilgit-Baltistan. Read more

• Oil prices spike on Iran unrest, Venezuela supply worries

Crude oil prices climbed on Friday amid rising concerns over potential disruptions in Iran’s oil production and uncertainties surrounding Venezuelan exports. Read more

• PSX Closing Bell: Just a Little Dip

The benchmark KSE-100 Index concluded Friday's trading session at 184,409.67, showing a decrease of 1,133.34 points or 0.61%. Read more

• PKR rises by 3 paisa against USD

The Pakistani rupee (PKR) rose by 2.83 paisa against the US dollar in Friday's interbank session to settle the trade at PKR 280.02 per USD, compared to previous closing of 280.05. Read more

• Govt approves National Policy Framework to reform gemstones sector

The government has accorded in-principle approval to a National Policy Framework aimed at reforming Pakistan’s gemstones sector and aligning it with international standards, with directions to implement all assigned actions for the current year. Read more

• Pakistan, UAE eye expanded cooperation in emerging technologies

Pakistan–UAE relations are steadily progressing from traditional fraternal ties toward enhanced economic cooperation and investment, with a growing focus on private-sector collaboration and emerging technologies. Read more

• GFIL approves Rs500m bid for land asset

Ghazi Fabrics International Limited (PSX: GFIL) approved the highest bid price of Rs500 million, as recommended by the Audit Committee, for the sale of an extra piece of land owned by the company. Read more

• Gold price in Pakistan rises Rs3,400 per tola

Gold price in Pakistan increased on Friday, with 24-karat gold being sold at Rs469,562 per tola, up Rs3,400. Read more

• Weekly SPI increases by 0.12% WoW

Pakistan’s short-term inflation Sensitive Price Indicator (SPI) increased by 0.12% compared to the previous week, while it rose by 3.20% compared to the same period last year, according to the Pakistan Bureau of Statistics (PBS). Read more

• Ghandhara Tyre to suspend plant operations temporarily

Ghandhara Tyre & Rubber Company Limited (PSX: GTYR) will suspend plant operations on Monday, January 12, 2026, due to a decline in gas availability from the SSGC system, resulting in low gas pressure. Read more

• OMO Result: SBP injects around Rs1.6tr 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 Rs1.59 trillion into the market of which Rs1.296tr were injected through reverse repo OMO. Read more

• Murree Expressway ready ahead of PM inauguration

The Islamabad Murree Expressway (IMDC) has completed all major development works and is ready for inauguration. Read more

• Workers’ Remittances near $3.6bn in December

Pakistan received workers' remittances of $3.59 billion in December 2025, up by 12.6% from November's $3.188bn, according to the latest data released by the State Bank of Pakistan (SBP). Read more

• Govt unveils plans to boost clinical trials sector

The government of Pakistan is taking major steps to accelerate the development of the country’s clinical trial sector, aims to position Pakistan as a regional hub for clinical research. Read more

• OGDC maintains AAA rating, amid solid liquidity

VIS Credit Rating Company Limited has reaffirmed the entity ratings for Oil & Gas Development Company Limited (PSX: OGDC), emphasizing the state-owned energy giant’s strong financial position, robust liquidity, and strategic importance to Pakistan’s economy. Read more

• Pakistan, UK explore new overseas opportunities for youth

Pakistan and the United Kingdom explored avenues for strengthening youth engagement, overseas employment opportunities, and bilateral cooperation during discussions held in London. Read more

• OMO announcement

Read more

• Balochistan sees progress toward development mainstream

The Balochistan government is taking serious, coordinated and result-oriented steps in collaboration with the federal government to pull the province out of backwardness and integrate it into the national development mainstream Read more

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