MG Morning Breeze: Updates to Skim before Market
MG News | February 06, 2026 at 07:32 AM GMT+05:00
February 06, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
A Chinese billionaire trader who earned nearly $3 billion from gold futures has built the largest net short position in silver on the Shanghai Futures Exchange. Read more
Greenhouse gas emissions intensity across a global real estate portfolio fell 5.2% year-on-year in 2024, marking tangible progress toward a net-zero carbon target by 2040, according to the Sustainability Report 2024–2025 released by Savills Investment Management (Savills IM). Read more
The European Central Bank’s Governing Council decided to keep its three key interest rates unchanged, leaving the deposit facility rate at 2.00%, the main refinancing operations rate at 2.15% and the marginal lending facility rate at 2.40%. Read more
Government plans are moving forward as Pakistan prepares for a visit from an International Monetary Fund (IMF) delegation later this month for the third review of the country’s economic program. Read more
The State Bank of Pakistan (SBP) raised Rs823.01bn in face value in its latest auction of Market Treasury Bills (MTBs) held on February 4, 2026, with settlement scheduled for February 6. Read more
Pakistan and Kazakhstan have agreed to work toward a formal framework to improve rail, road and multimodal connectivity, a step both sides say is critical to unlocking up to $5 billion in potential trade and investment flows between the two countries. Read more
Pakistan’s mobile phone industry is positioning itself to take advantage of the expected mid-year launch of 5G services, with local manufacturers preparing new devices while continuing production of affordable 4G phones to avoid losing price-sensitive customers. Read more
The government is engaging with the pharmaceutical sector to discuss policy, regulatory, and economic matters, with a focus on supporting growth, ensuring effective governance, and safeguarding patient interests. Read more
Pakistan’s Federal Board of Revenue (FBR) has recovered Rs217 billion ($780 million) under the controversial super tax, amid growing concerns from lawmakers over retroactive tax demands and alleged taxpayer harassment. Read more
Pakistan is considering introducing redesigned currency notes ranging from Rs10 to Rs5,000, as the federal cabinet reviews proposals submitted by the State Bank of Pakistan (SBP). Read more
Pakistan’s exports of base-metal tools, implements and cutlery to China rose about 5% year-on-year in 2025, to reach $8.14m compared with $7.76m in 2024. Read more
The Ministry of National Food Security and Research (MNFSR) has taken urgent steps to address the sharp decline in potato prices following the closure of the Afghanistan border, a major export route for Pakistani potatoes. Read more
The benchmark KSE-100 Index concluded Wednesday's trading session at 187,832.08, showing an increase of 931.35 points or 0.50%. Read more
Crescent Steel & Allied Products Limited (PSX: CSAP) has decided to discontinue its Cotton segment as part of a broader strategic realignment aimed at strengthening its long-term business focus. Read more
The National Accountability Bureau (NAB) has achieved another significant success toward restoring public confidence in the State by taking decisive action against one of Pakistan’s largest financial frauds, the ISMMart Group Scam. Read more
The Pakistani rupee (PKR) increased by 2.83 paisa against the US dollar in Wednesday's interbank session to settle the trade at PKR 279.72 per USD, compared to previous closing of 279.75. Read more
Engro Powergen Qadirpur Limited (PSX: EPQL) reported a profit after tax of Rs836.3 million for the year ended December 31, 2025, showing a 60.9% YoY decline compared to Rs2.14bn in the corresponding period last year. Read more
MCB Bank Limited (PSX:MCB) reported a net profit of Rs58.78bn for the year ended December 31, 2025, a 7.4% decline from the Rs63.47bn profit recorded in the previous year. Read more
Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs529,162 per tola, up Rs14,800. Read more
Ghani Dairies Limited’s initial public offering (IPO) has attracted strong investor interest, with participation totalling Rs5.82 billion against an issue size of Rs1.88 billion. Read more
Interloop Limited (PSX: ILP) reported a net profit of Rs5.90bn for the half year ended December 31, 2025, nearly 4 times the Rs1.48bn recorded in the same period last year. Read more
Bitcoin was once digital gold. Now narratives are shifting faster than the price which, for context, has crashed 41% from $126,000 to $75,000 in four months. Read more
The All Pakistan Textile Mills Association (APTMA) has formally written to the Federal Board of Revenue (FBR), requesting reconsideration of the immediate recovery of Super Tax following the Federal Constitution Court’s recent judgment. Read more
The National Accountability Bureau (NAB) recovered a record Rs6.213 trillion in 2025, the highest annual total since its establishment in 1999, according to the Bureau’s latest annual performance report. Read more
Pakistan and Libya agreed to maintain close contact and explore avenues for future cooperation, showed a shared interest in strengthening bilateral relations and promoting peace, stability and development at regional and international levels. Read more
Pakistan is pursuing stronger, result-oriented collaboration with UNESCO to enhance climate resilience, marine research, and non-formal education, showed the country’s focus on science-driven solutions for sustainable development. Read more
Regenerative agriculture has been identified as a key pathway for stabilising Pakistan’s cotton sector and sustaining export competitiveness amid climate and market pressures. Policymakers and industry stakeholders examined ways to align cotton production with global sustainability requirements. Read more
The Cabinet Committee on State-Owned Enterprises (CCoSOEs) has approved the Procurement Policy 2025 of the Export-Import (EXIM) Bank of Pakistan and endorsed several key board-level appointments across major public sector institutions. Read more
The Economic Coordination Committee (ECC) of the Cabinet has approved and reviewed a series of financial proposals involving allocations and grants worth over Rs1.56 billion. Read more
Asian markets mostly declined on Wednesday, tracked overnight losses on Wall Street after a sell-off in U.S. technology stocks pressured global markets. Read more
Pakistan’s JF-17 Thunder is no longer just a budget fighter quietly serving regional air forces. Its sudden global appeal is rooted in what the world witnessed in May 2025, when a brief but intense Pakistan–India confrontation thrust Chinese-made aircraft into the global spotlight. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Wednesday, issued the following exchange rates. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 187,832.08 767.51M | 0.50% 931.34 |
| ALLSHR | 112,851.69 1,193.66M | 0.62% 697.08 |
| KSE30 | 57,539.97 102.71M | 0.43% 247.84 |
| KMI30 | 265,288.04 70.28M | 0.22% 591.63 |
| KMIALLSHR | 72,445.67 875.56M | 0.46% 332.73 |
| BKTi | 55,119.30 60.64M | 1.38% 752.01 |
| OGTi | 38,641.51 5.08M | -0.37% -142.27 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 64,680.00 | 66,185.00 60,005.00 | 885.00 1.39% |
| BRENT CRUDE | 67.72 | 68.12 66.87 | 0.17 0.25% |
| RICHARDS BAY COAL MONTHLY | 90.00 | 0.00 0.00 | -3.80 -4.05% |
| ROTTERDAM COAL MONTHLY | 100.75 | 100.75 100.20 | 1.45 1.46% |
| USD RBD PALM OLEIN | 1,071.50 | 1,071.50 1,071.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 63.44 | 63.85 62.31 | 0.15 0.24% |
| SUGAR #11 WORLD | 14.27 | 14.44 14.20 | -0.17 -1.18% |
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