MG Morning Breeze: Updates to Skim before Market

January 27, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Pakistan consumer confidence rises to 41.6 points in Jan 2026

The consumer confidence Index (CCI) in Pakistan increased by 0.8 to 41.6 points in January 2026 compared to 40.2 points in December 2025, according to a survey report released by the State Bank of Pakistan (SBP). Read more

• Business Confidence Index rises to 55.4 in January 2026

The overall Business Confidence Index (BCI) increased by 2.0 points, reaching 55.4 in January 2026, according to the latest results of the Business Confidence Survey (BCS), conducted by the State Bank of Pakistan (SBP) in collaboration with the Institute of Business Administration (IBA). Read more

• SBP keeps policy rate unchanged at 10.5%

The State Bank of Pakistan (SBP) on Monday kept its key policy rate unchanged at 10.5% with effect from January 27, 2026. Read more

• PSX Closing Bell: Red Takes the Lead

The benchmark KSE-100 Index concluded Monday's trading session at 188,587.66, showing a decrease of 579.16 points or 0.31%. Read more

• PKR holds steady against USD

The Pakistani rupee (PKR) increased by 1.17 paisa against the US dollar in Monday's interbank session to settle the trade at PKR 279.85 per USD, compared to previous closing of 279.86. Read more

• QTECH nears start of operations in new line of business

Quantum Data Technologies Limited’s (PSX:QTECH) Board of Directors has expressed satisfaction over the progress and developments related to the Company’s newly adopted line of business, while noting optimism that operations under the new line are expected to commence in the near future. Read more

• Pakistan, Myanmar reaffirm commitment to enhanced bilateral relations

Pakistan and Myanmar have committed to strengthening their bilateral ties through sustained engagement across multiple sectors for the mutual benefit of both nations. Read more

• President Zardari to undertake official visit to UAE

President Asif Ali Zardari will embark on a four-day official visit to the United Arab Emirates from January 26-29, 2026, according to the Press Statement issued by the Ministry of Foreign Affairs (MOFA). Read more

• Power Division rejects Rs223bn Circular Debt claims

The Ministry of Energy’s Power Division has dismissed claims of a Rs223 billion increase in circular debt, calling the reports wrong, misleading, and devoid of factual context. Read more

• Mari Energies profit declines 6%, keeps dividend intact at Rs8

Mari Energies Limited (PSX: MARI) reported a profit after taxation of Rs28.44bn for the six months ended December 31, 2025, down 6.4% from Rs30.4bn in the corresponding period last year. Read more

• OGRA extends Clover Pakistan’s Licence till 2036

The Oil & Gas Regulatory Authority (OGRA) has granted a 15-year extension to the lubricant marketing licence of Clover Pakistan Limited, allowing the company to continue operations until September 26, 2036. Read more

• Gold price in Pakistan rises Rs10,900 per tola

Gold price in Pakistan increased on Monday, with 24-karat gold being sold at Rs532,062 per tola, up Rs10,900. Read more

• Auto demand rebounds, earnings on the fast lane

Auto Sector companies including Indus Motor (INDU), Honda Atlas Cars (HCAR), Sazgar Engineering Works (SAZEW) and Millat Tractors (MTL) are set to report strong profitability in 2QFY26, with aggregate earnings projected at Rs14.7 billion, up 35% YoY from Rs10.9bn in 2QFY25. Read more

• Legal cloud lifts over K-Electric after suit withdrawal

K-Electric Limited (KE) and its majority shareholder, KES Power Limited (KESP), were cleared of legal claims after plaintiffs Al Jomaih Power and Denham Investment withdrew their suit, the company said in a filing to the Pakistan Stock Exchange. Read more

• IFC moves to redeem 2m PKGS preference shares

Packages Limited (PSX: PKGS) has received a redemption notice from the International Finance Corporation (IFC) to redeem 2 million preference shares/convertible stock, part of an outstanding 8.19 million issued under a 2009 subscription agreement. Read more

• SBP, PBA lead drill to boost Pakistan banks’ cyber resilience

Pakistan’s banking sector successfully concluded its first-ever industry-wide Cyber Drill, a week-long exercise held from 12 to 19 January 2026 in Karachi and Lahore. Read more

• PSX Mid-Day: Breaking the 190K Barrier

The Pakistan Stock Exchange surged past a new milestone, with the KSE-100 Index crossing the 190,000 mark for the first time. Read more

• MUGHAL entity ratings affirmed at ‘A+’ for long-term

Mughal Iron & Steel Industries Limited (PSX: MUGHAL) has retained its long-term and short-term entity ratings at ‘A+’ and ‘A1’, respectively, which reflects the company’s strong liquidity position and sound credit quality. Read more

• Pakistan’s seafood exports reel in $255m from China

Pakistan’s seafood exports to China surged to nearly $255 million in 2025, a strong upward trend as demand broadened beyond traditional frozen fish into higher-value and processed products. Read more

• Customs enforcement seizes smuggled vehicles, contraband in Quetta

Pakistan Customs’ enforcement wing in Quetta has seized Non-Customs Paid (NCP) vehicles and contraband goods valued at Rs235 million during a series of intelligence-driven operations, the Federal Board of Revenue (FBR) said. Read more

• Gold poised for $5,400, new buyers to reshape the market

Gold’s rally is entering a new phase, and the forces behind it are no longer confined to central banks alone. Read more

• NBP issues foreign exchange rates

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

• Mari Energies discovers gas at Tibri-1 in Balochistan

Mari Energies Limited (PSX: MARI) has reported a significant gas discovery at the Tibri-1 exploratory well in the Kalchas South Block, located in Dera Bugti District, Balochistan, according to a company statement submitted to the Pakistan Stock Exchange (PSX). Read more

• Asia markets mixed, Japan slides on yen strength

Asia markets opened the week on a mixed weighed on geopolitical developments and prepared for a heavy slate of global economic events. Read more

• Pakistan sets record participation at Gulfood 2026

The Trade Development Authority of Pakistan (TDAP) is set to participate in its largest-ever capacity at Gulfood 2026, the world’s leading food and beverage trade exhibition, according to a press statement. Read more

• Zarea raises Rs1bn through Sukuk

Tapping Pakistan’s Islamic capital market to secure Shariah-compliant funding, Zarea Limited (PSX: ZAL) has successfully raised Rs1 billion through a Sukuk issuance, according to the Company's filing on PSX revealed today. Read more

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