MG Morning Breeze: Updates to Skim before Market

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MG News | February 23, 2026 at 07:37 AM GMT+05:00

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February 23, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

Pakistan’s equity market endured a bruising week as the benchmark KSE-100 Index plunged to 173,170, registering a sharp decline of 3.6% week-on-week amid sustained selling pressure and heightened geopolitical uncertainty. Read more

The Punjab government has removed stamp duty on property transfers arising from corporate mergers, in a move aimed at facilitating business restructuring and promoting investment in the province. Read more

In a decision with sweeping consequences for global trade, the U.S. Supreme Court has struck down former President Donald Trump’s broad tariffs imposed under emergency powers, ruling that he exceeded his legal authority, Reuters reported. Read more

Pakistan and the United States agreed to strengthen economic cooperation with a focus on trade, investment and key strategic sectors. Read more

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

Pakistan and the Philippines have agreed to enhance cooperation in multiple sectors during the second meeting of their Joint Economic Commission (JEC) held in Manila, reaffirmed their commitment to strengthening economic engagement through practical and result-oriented initiatives. Read more

The SCRA balance increased by Rs4.85 billion during the week ending Feb 13, 2026 to close at Rs33.93bn. Read more

The Pakistani rupee ended Friday’s interbank session on a steady note, posting a marginal gain against the US dollar amid improving external indicators and sustained inflows. Read more

Gold price in Pakistan increased on Friday, with 24-karat gold being sold at Rs526,462 per tola, up Rs2,500. Read more

The KSE-100 Index staged a dramatic comeback on Friday, as investors rushed to pick up blue-chip stocks right after market opening at attractive valuations following recent market turbulence. Read more

Pakistan's short-term inflation, measured by the Sensitive Price Indicator (SPI), increased by 1.16% for the week ended February 19, 2026, according to data released by the Pakistan Bureau of Statistics (PBS). Read more

Pak Leather Crafts Limited (PSX:PAKL) board of directors has approved the application for membership of the Leather Working Group, a UK-based international audit certification organization. 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 Rs1.6trillion into the market, of which Rs1.39tr were injected through reverse repo OMO. Read more

From frontier oil discoveries in Khyber Pakhtunkhwa to the metals upcycle supporting the landmark Reko Diq project, Pakistan’s largest upstream producer is shaping a multi-year earnings growth trajectory even as a recent price correction offers a potential reentry opportunity. Read more

Bank Makramah Limited (PSX:BML) has filed a Scheme of Arrangement for the reorganization of its share capital before the Islamabad High Court. Read more

In a historic move for the Pakistani capital markets, the Pakistan Stock Exchange (PSX) has officially invited public comments on the draft prospectus of LSE SPAC-I Limited, the country’s first-ever Special Purpose Acquisition Company (SPAC). Read more

The Securities and Exchange Commission of Pakistan (SECP) is moving physical shares of non-listed companies to electronic form through the Central Depository System (CDS). Read more

Pakistan is set to host an International Monetary Fund (IMF) delegation starting February 25 as the country continues to stabilize its economy under IMF-supported programs. Read more

Pakistan and Russia have agreed to step up institutional engagement between their tax administrations, focusing on the use of digital systems to improve fiscal transparency and tax administration. Read more

Roshan Digital Account (RDA) has reached a remarkable milestone, surpassing $12 billion in total inflows with over 900,000 accounts opened by Overseas Pakistanis, the State Bank of Pakistan (SBP) informed through its official social media channel. Read more

Dadex Eternit Limited (PSX:DADX) has entered into an agreement with M/s. Sherjan Mosakhail & Sons, a registered partnership firm, for the disposal of its immovable property. Read more

Samba Bank Limited (PSX: SBL) is planning to fully redeem its Rated, Subordinated, and Unsecured Tier II Term Finance Certificates (TFCs) worth Rs5 billion, under a call option approved by its board and endorsed by the State Bank of Pakistan. Read more

Emerging market equities stunned the world in 2025, as they delivered their strongest performance in eight years and outperforming many developed markets. Read more

Agritech Limited (PSX: AGL) has completed its Annual Turnaround (ATA) activities, with gas supply to the plant fully restored and plant startup activities now underway. Read more

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

The State Bank of Pakistan (SBP) has announced two Open Market Operations for Friday, February 20, 2026. Read more

Shareholders of Barkat Frisian Agro Limited (PSX: BFAGRO) have approved a plan to invest up to Rs100 million in its associated entity, Agrolayer Protein Farms (Private) Limited, through a mix of equity, loans, advances, and corporate guarantees. Read more

Central Directorate of National Savings (CDNS) has mobilized Rs24bn in Shariah-compliant investments between July 1, 2025, and February 18, 2026, achieving nearly 94% of its Rs25bn Islamic finance target for fiscal year 2025-26. Read more

After Thursday’s steep sell-off, the benchmark KSE-100 Index staged a recovery at the start of Friday’s session, as investors returned to the market to pick up blue-chip stocks at attractive valuations. Read more

Indus Motor Company Limited (PSX:INDU) reported a net profit of Rs12.70bn for the half year ended December 31, 2025, which represents a 28% increase from the Rs9.96bn profit recorded in the same period last year. Read more

In a strategic consolidation move within Pakistan’s cement sector, Maple Leaf Cement Factory Limited (MLCF) has significantly increased its shareholding in Pioneer Cement Limited (PIOC) through a public offer. Read more

Pakistan’s state-run explorer Oil and Gas Development Company Limited (PSX: OGDC) has discovered new oil and gas reserves at the Baragzai X-01 (Slant) well in the Nashpa Block. Read more

The Economic Coordination Committee (ECC) approved the immediate release of Rs19 billion for the Prime Minister’s Ramzan Relief Package (PMRRP) 2026 to ensure timely disbursement of financial assistance to vulnerable families during the holy month. Read more

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Name Price/Vol %Chg/NChg
KSE100 173,169.71
245.48M
0.58%
999.42
ALLSHR 103,952.96
533.68M
0.46%
476.31
KSE30 53,042.90
95.92M
0.73%
384.11
KMI30 242,931.39
83.21M
1.01%
2420.10
KMIALLSHR 66,507.09
270.16M
0.79%
519.06
BKTi 51,058.55
42.50M
0.09%
45.65
OGTi 34,159.98
10.77M
1.77%
594.51
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 65,005.00 67,760.00
64,325.00
-2820.00
-4.16%
BRENT CRUDE 71.02 71.44
70.69
-0.74
-1.03%
RICHARDS BAY COAL MONTHLY 96.00 0.00
0.00
-3.50
-3.52%
ROTTERDAM COAL MONTHLY 105.50 0.00
0.00
-1.45
-1.36%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 65.76 66.11
65.38
-0.72
-1.08%
SUGAR #11 WORLD 13.86 14.02
13.61
0.16
1.17%

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