MG Morning Breeze: Updates to Skim before Market

News Image

MG News | February 09, 2026 at 07:36 AM GMT+05:00

0:00

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

Saudi Arabia has expressed strong interest in leveraging Pakistan’s artificial intelligence and technology talent as part of its ongoing economic and technological transformation. Read more

Pakistan’s development partnership with the World Bank moved forward as progress under the Country Partnership Framework (CPF) was reviewed. Read more

The federal government has appointed Imtiaz Haider as Commissioner of the Securities and Exchange Commission of Pakistan (SECP) for a period of three years with immediate effect. Read more

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

The Pakistan Stock Exchange (PSX) ended the outgoing week on a muted note, as the benchmark KSE-100 Index slipped marginally by 44.91 points, or 0.02% WoW, closing at 184,129.58 on February 6, 2026, compared to 184,174.49 at the end of the previous week. Read more

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $56.1 million or 0.35% WoW to $16.16 billion during the week ended on January 30, 2026, data released by State Bank of Pakistan showed on Thursday. Read more

The State Bank of Pakistan (SBP) on Thursday raised Rs550.97 billion through the auction of Pakistan Investment Bonds (PIBs – Fixed Rate), with settlement scheduled for February 9. Read more

The State Bank of Pakistan (SBP) held a condolence reference to honor the life and contributions of Dr. Shamshad Akhtar, the country’s first female central bank governor and a globally recognized economist, whose passing represents a significant loss for Pakistan’s financial sector. Read more

The Anti-Corruption Agency of the Republic of Uzbekistan (ACAU) and Pakistan’s National Accountability Bureau (NAB) signed a memorandum of understanding on Thursday to enhance bilateral cooperation against corruption, including information sharing, capacity building and technical assistance. Read more

The benchmark KSE-100 Index concluded Friday's trading session at 184,129.58, showing a decrease of 3,702.50 points or 1.97%. Read more

The Pakistani rupee (PKR) increased by 1.15 paisa against the US dollar in Friday's interbank session to settle the trade at PKR 279.71 per USD, compared to previous closing of 279.72. Read more

Hala Enterprises Limited (PSX:HAEL) has successfully completed the installation and operationalization of imported Air Jet weaving machinery. Read more

Soneri Bank Limited (PSX:SNBL) has taken a step toward expanding its business footprint after its board approved the management to evaluate a potential acquisition aimed at diversifying the bank’s line of business. Read more

Gillette Pakistan Limited (PSX: GLPL) has moved a step closer to its voluntary de-listing from the Pakistan Stock Exchange after the majority shareholder/sponsor accepted the purchase of ordinary shares at a PSX-determined buy-back price of Rs700 per share. Read more

Public sentiment in Pakistan showed notable improvement in 2025, with citizens expressing cautious optimism about the country’s economic and social outlook. Read more

Gold price in Pakistan decreased on Friday, with 24-karat gold being sold at Rs507,762 per tola, down Rs21,400. Read more

Pakistan's short-term inflation, measured by the Sensitive Price Indicator (SPI), increased by 0.09% for the weekly, according to the latest data released by the Pakistan Bureau of Statistics (PBS). Read more

The SCRA balance decreased by Rs.922.7m during the week ending Jan 30, 2026 to close at Rs.34.13billion. Read more

Gold and silver saw modest gains on Friday, even as both metals were on track for a second consecutive week of losses. Read more

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 Rs1.607 trillion into the market of which Rs1.092tr were injected through reverse repo OMO. Read more

Pak Qatar General Takaful Limited has revised the allocation of its Initial Public Offering (IPO) after the General Public Portion was oversubscribed. Read more

Pakistan and Uzbekistan have agreed to enhance bilateral trade to $2bn within the next five years, following a high-level visit by the President of Uzbekistan, Shavkat Mirziyoyev, to Islamabad. Read more

VIS Credit Rating Company Ltd. (VIS) has upgraded Pakistan State Oil Company Limited’s (PSX:PSO) medium- to long-term entity rating from ‘AA+’ to ‘AAA’, while retaining its short-term rating at ‘A1+’. Read more

The Letter of Rights (Right Entitlements) of LSE Capital Limited (PSX: LSECL) becomes Central Depository System (CDS) eligible starting Friday, February 6, 2026, according to the latest notice from the Central Depository Company (CDC) of Pakistan. Read more

Gold is poised to regain upward momentum after a brief phase of consolidation, with prices projected to climb toward $6,200 per ounce by mid-2026 as resilient central-bank purchases, renewed exchange-traded fund inflows and persistent geopolitical and fiscal uncertainties continue to reinforce its appeal as a long-term hedge. Read more

President Donald Trump’s push to secure Venezuela’s crude exports highlights Washington’s continued focus on heavy oil as a strategic asset. Read more

Silver prices could surge to around $100 per ounce by June 2026 before retreating toward $85 by year-end, which reflects a market caught between powerful investment momentum and mounting fundamental constraints. Read more

Shares of National Bank of Pakistan (PSX: NBP) fell sharply following the announcement that the next hearing of the bank’s long-running pension case has been scheduled for February 13, 2026. Read more

Read more

Pakistan and Jordan have agreed to begin consultations on a preferential trade agreement (PTA) and expand bilateral cooperation across 16 priority sectors, a move aimed at improving market access and translating long-standing diplomatic ties into concrete economic outcomes. Read more

Asian markets opened Friday on a weak footing, with broad-based declines across the region as a tech-led selloff in the United States spilled over into regional trading. Read more

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

Attock Refinery Limited (PSX: ATRL) has shut down its Heavy Crude Distillation Unit effective February 5, 2026, as elevated gasoline inventories and weaker upliftment by oil marketing companies weigh on refinery operations, the company said in a regulatory filing to the Pakistan Stock Exchange. Read more

K-Electric Chief Executive Officer Syed Moonis Abdullah Alvi has resigned from his position, marking the end of one of the longest tenures at Pakistan’s largest power utility. Read more

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 184,129.58
798.69M
-1.97%
-3702.50
ALLSHR 110,763.73
1,266.28M
-1.85%
-2087.96
KSE30 56,278.51
173.32M
-2.19%
-1261.46
KMI30 259,907.89
102.57M
-2.03%
-5380.16
KMIALLSHR 71,198.64
822.49M
-1.72%
-1247.03
BKTi 53,693.69
102.25M
-2.59%
-1425.61
OGTi 37,589.24
28.20M
-2.72%
-1052.27
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 70,950.00 72,760.00
70,125.00
690.00
0.98%
BRENT CRUDE 67.43 67.74
67.02
-0.62
-0.91%
RICHARDS BAY COAL MONTHLY 96.00 96.00
96.00
1.50
1.59%
ROTTERDAM COAL MONTHLY 102.75 103.25
101.30
2.25
2.24%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 63.01 63.30
62.62
-0.54
-0.85%
SUGAR #11 WORLD 14.14 14.30
14.07
-0.13
-0.91%

Chart of the Day


Latest News
February 09, 2026 at 07:36 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


February 08, 2026 at 07:21 PM GMT+05:00

Pakistan Saudi economic ties strengthened over tech, investment


February 08, 2026 at 05:46 PM GMT+05:00

World Bank reaffirms $20bn development program for Pakistan


February 07, 2026 at 11:50 AM GMT+05:00

Key Pakistan Market Stats and Economic Indicators



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg