MG Morning Breeze: Updates to Skim before Market

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

• China’s consumer price growth slows ahead of Lunar New Year

China’s consumer price growth slowed in January, missing forecasts, as measures to boost spending ahead of the Lunar New Year were rolled out. Read more

• Pakistan’s outstanding external debt, liabilities reach $138bn in Q2FY26

Pakistan’s external debt and liabilities (outstanding) reached $138.01bn at the end of Q2FY26, reflecting an increase of $2.299bn or 1.69% QoQ, the central bank data showed on Wednesday. Read more

• Pakistan’s external debt servicing rises above $4bn in Q2FY26

Pakistan’s external debt servicing climbed to $4.07 billion in the second quarter of fiscal year 2026, up from $3.55 billion in the preceding quarter, according to data released by the State Bank of Pakistan (SBP). Read more

• National Savings Schemes see over Rs4bn inflow in December

Net savings mobilized by National Savings Schemes plunged sharply in December, falling 80.8% month-on-month (MoM) to Rs4.19 billion, compared to Rs21.84 billion in November, according to data released by the State Bank of Pakistan today. Read more

• Central govt debt rises to Rs78.5 tr in December

The total debt of the central government went up by 9.6% YoY to Rs78.53 trillion in December 2025, compared to Rs71.65tr in December 2024, the data released by the State Bank of Pakistan (SBP) showed. Read more

• Pakistan, Cambodia boost industrial, textile ties

Pakistan and Cambodia have agreed to deepen collaboration in the industrial sector, with a special focus on the textile industry, aiming to create mutual economic benefits. Read more

• Pakistan, China achieve new livestock cooperation outcomes

Pakistan and China have achieved fresh substantive outcomes in livestock and agricultural cooperation, injecting new momentum into bilateral industry development in line with the China-Pakistan Economic Corridor (CPEC) 2.0 initiative. Read more

• EU aims to break barriers, boost global competitiveness

European Union leaders are intensifying efforts to revive the bloc’s struggling economy, with a strong focus on improving competitiveness and removing internal barriers that hinder growth across the 27-member bloc. Read more

• PSX Closing Bell: A Gentle Push Upward

The benchmark KSE-100 Index concluded Wednesday's trading session at 183,049.80, showing an increase of 896.25 points or 0.49%. Read more

• SECP clears Jazz stake in TPL Insurance

Pakistan’s insurance sector has attracted fresh foreign direct investment after the Securities and Exchange Commission of Pakistan (SECP) approved Jazz International’s acquisition of a controlling stake in TPL Insurance. Read more

• PKR remains steady against USD

The Pakistani rupee (PKR) gained by 1.16 paisa against the US dollar in Wednesday's interbank session to settle the trade at PKR 279.66 per USD, compared to previous closing of 279.67. Read more

• Bank Al Habib sets Rs4.5 dividend amid 22.5% profit fall

Bank Al Habib Limited (PSX:BAHL) reported a net profit of Rs32.47bn for the year ended December 31, 2025, a 22.5% decline from the Rs41.92bn profit recorded in the previous year. Read more

• PM seeks review of NEPRA’s new solar net-billing rules

Prime Minister Shehbaz Sharif has taken immediate notice of the National Electric Power Regulatory Authority’s (NEPRA) newly notified regulations replacing Pakistan’s net-metering regime with a net-billing system for solar energy prosumers. Read more

• Pakistan flags wider economic rebound, diverges from IMF outlook

Pakistan’s economy could grow by as much as 4.75% in the current fiscal year, which presents a more upbeat outlook than recent projections from the International Monetary Fund and signaling confidence in a recovery that could spread across multiple sectors despite external pressures. Read more

• Pioneer Cement profit rises 3.65% in HY26

Pioneer Cement Limited (PSX: PIOC) reported a profit after tax of Rs2.87bn for the half year ended December 31, 2025, marked a modest 3.65% YoY increase compared to Rs2.77bn in HY25. Read more

• Gold price in Pakistan rises Rs2,300 per tola

Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs528,562 per tola, up Rs2,300. Read more

• IMF, KSA spotlight resilience of emerging economies

Emerging markets are defying past patterns by weathering global economic shocks without the severe turbulence seen in previous decades. Read more

• APTMA seeks U.S. trade relief, engages EU on GSP+

The All Pakistan Textile Mills Association (APTMA) has intensified diplomatic and policy engagement on key export markets, urging the government to secure preferential access to the United State Read more

• KSA targets Pakistan’s corporate farms to secure rice supplies

Saudi Arabia has expressed strong interest in corporate farming in Pakistan, particularly in the rice sector, as part of efforts to secure consistent, high-quality agricultural supplies. Read more

• BECO introduces 5MW solar expansion

Beco Steel Limited (PSX: BECO) has commenced construction and execution of its expansion plan, which includes the installation of a 5 MW solar power plant as part of the project. Read more

• Loan demand surges to 85 in Q2-FY26: SBP

Current loan demand has surged to 85, up from 84 in Q1-FY26, showing sustained momentum in borrowing activity, according to the latest Bank Lending Survey (BLS) for Q2-FY26, conducted by the State Bank of Pakistan (SBP). Read more

• Pakistan strives to solve housing crunch with UN-Habitat backing

Pakistan and UN-Habitat have pledged to deepen cooperation to tackle the country’s growing housing crisis and promote sustainable, climate-resilient urban development. Read more

• Sitara Petroleum plans Rs3.2bn IPO

Sitara Petroleum Services Ltd., a fuel station operator and transporter, is set to launch an initial public offering (IPO) next month, aiming to raise up to Rs3.2 billion ($11.4 million) to finance the expansion of its retail outlets, fleet and storage infrastructure. Read more

• Pakistan, Japan explore new avenues for bilateral trade growth

Pakistan and Japan have reaffirmed their commitment to deepening economic cooperation, with a renewed focus on expanding bilateral trade, investment, and business-to-business collaboration. Read more

• Symmetry Group to acquire U.S. based LogoDesignGuru

Symmetry Group Limited (PSX: SYM) has signed a share purchase agreement to acquire LogoDesignGuru.com, Inc. (LDG), a U.S.-based digital branding and technology firm operating AI-powered design platforms and digital asset marketplaces, the company said in a notice to the Pakistan Stock Exchange. Read more

• Govt prioritises applied AI for transparency, revenue growth

The government is leveraging artificial intelligence (AI) to enhance public service delivery, improve revenue administration, and promote evidence-based policymaking. Read more

• Asia markets rise despite weak U.S. retail data

Asia markets traded mostly higher on Wednesday, extending their recent rally even as concerns over artificial intelligence valuations and softer U.S. economic data weighed on Wall Street overnight. Read more

• MSCI Index Review: Abbott exits, SEPL & ZAL enter MSCI fold

MSCI Inc. (NYSE: MSCI), a global provider of critical investment decision tools, has disclosed the results of its February 2026 Index Review for the MSCI Equity Indexes. Read more

• NBP issues foreign exchange rates

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

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