MG Morning Breeze: Updates to Skim before Market

February 26, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• PKR maintains upward momentum in interbank session

The Pakistani rupee (PKR) posted a marginal gain of 1.03 paisa against the US dollar in Wednesday’s interbank session, closing at PKR 279.51 per USD compared to the previous close of 279.52. Read more

• Gold price in Pakistan rises Rs1,300 per tola

Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs541,262 per tola, up Rs1,300. Read more

• PSX Closing Bell: Down in the Doldrums

The KSE-100 Index extended its downward trajectory on Wednesday, as persistent selling pressure across heavyweight sectors kept investors cautious amid ongoing economic and global uncertainties. Read more

• NATF 1HFY26 profit skyrockets nearly 9x

National Foods Limited (PSX:NATF) reported a massive surge in net profit to Rs2.64bn for the half year ended December 31, 2025, a staggering 8.8 times increase from the Rs297.49m profit recorded in the same period last year. Read more

• KOHC H1 profit drops 20% to Rs5.5bn

Kohat Cement Company Limited (PSX: KOHC) reported a profit after tax of Rs5.54bn for the half year ended December 31, 2025, down 19.52% from Rs6.88bn recorded in the same period last year. Read more

• Ghani Glass H1 profit slips 12% to Rs2.4bn

Ghani Glass Limited (PSX:CHGL) reported a profit after tax of Rs2.40bn for the half year ended December 31, 2025, down 12.4% from Rs2.74bn recorded in the same period last year. Read more

• Treet Battery escapes the red in 1HFY26

Treet Battery Limited (PSX:TBL) reported a net profit of Rs19.46m for the half year ended December 31, 2025, marks a significant turnaround from the Rs142.09m net loss recorded in the same period last year. Read more

• Dolmen City REIT profit drops 44%

Dolmen City REIT (PSX: DCR) reported a 44.4% decline in profit for the year ended December 31, 2025, which fell to Rs3.79 billion from Rs6.81 billion a year earlier. Read more

• QUICE turns around with Rs6.64m H1 profit on 90% sales surge

Quice Food Industries Limited (PSX:QUICE) reported a profit after tax of Rs6.64 million for the half year ended December 31, 2025, compared to a loss of Rs5.43m the same period last year. Read more

• FCCL posts marginal profit growth in 1HFY26

Fauji Cement Company Limited (PSX:FCCL) reported a net profit of Rs7.32bn for the half year ended December 31, 2025, a 1% increase from the Rs7.27bn profit recorded in the same period last year. Read more

• Towellers’ net profit drops nearly 50% in H1 FY2026

Towellers Limited (PSX:TOWL) posted a net profit of Rs105.85m for the half year ended December 31, 2025, down 47.47% compared to Rs201.53m in the same period last year. Earnings per share (EPS) fell to Rs6.23 from Rs11.85 in H1 FY2024. Read more

• Airlink Communication profit jumps 32% in 1HFY26

Airlink Communication Limited (PSX:AIRLINK) reported a net profit of Rs3.05bn for the half year ended December 31, 2025, a 32% increase from the Rs2.32bn profit recorded in the same period last year. Read more

• OGDC receives 8th TFC interest installment

Oil and Gas Development Company Limited (PSX: OGDC) has received the eighth monthly interest payment of Rs7.725 billion under its Term Finance Certificates (TFCs) from Power Holding Limited, the company announced in a regulatory filing. Read more

• Pakistan drives key sector reforms with World Bank

Pakistan is working to strengthen national development priorities, including population management, climate resilience, agriculture sector reforms, energy sustainability, and human capital development. Read more

• Fitch flags persistent recovery risks across OIC sovereigns

Fitch Ratings has placed 68% of the 22 rated Organisation of Islamic Cooperation (OIC) countries in Group D its lowest recovery category where post-default recoveries are assessed as average to poor, emphasizing continued constraints on creditor recoveries across much of the bloc. Read more

• UBL profit surges 59%, dividend intact at Rs8

United Bank Limited (PSX:UBL) reported a net profit of Rs128.01bn for the year ended December 31, 2025, a 59% increase from the Rs80.53bn profit recorded in the previous year. Read more

• ECC approves sale of 500,000 tons of wheat at reduced prices

The Economic Coordination Committee (ECC) approved the sale of 500,000 metric tons of wheat from state reserves at reduced reserve prices after an earlier auction attempt failed to attract sufficient bids, a move aimed at easing mounting storage costs and managing surplus stocks. Read more

• Pakistan, Qatar elevate economic ties to higher strategic level

Pakistan and Qatar reaffirmed their commitment to deepening strategic ties and expanding cooperation across key sectors with both sides agreeing to enhance economic partnership and strengthen coordination on regional and international issues. Read more

• NBFC assets surge 21% to Rs6.84tr in H1 FY26

Pakistan’s non-bank financial sector expanded sharply in the first half of FY26, with total assets jumping 21% to Rs6.84 trillion by December 2025 from Rs5.63 trillion in June 2025, according to data released by the Securities and Exchange Commission of Pakistan (SECP). Read more

• Flying Cement H1 profit skyrockets

Flying Cement Company Limited (PSX: FLYNG) reported a net profit of Rs332.7m for the half year ended December 31, 2025, a remarkable 312% surge from the Rs80.8m profit recorded in the same period last year. Read more

• Cnergyico locks in 20-year diesel pipeline deal

Cnergyico Pk Limited (PSX: CNERGY)’s board has ratified a Head of Terms agreement with Asia Petroleum Limited to utilise APL’s 14-inch pipeline network for 20 years. Read more

• Cnergyico’s profits soar 121%

Cnergyico Pk Limited, one of Pakistan’s largest oil refinery and marketing companies, has reported a massive surge in its bottom line for the first half of the fiscal year ending December 31, 2025. 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

• Descon Oxychem declares Rs2 dividend despite 45% profit fall

Descon Oxychem Limited (PSX:DOL) reported a net profit of Rs274.6m for the half year ended December 31, 2025, a 45% decline from the Rs496m profit recorded in the same period last year. Read more

• Maple Leaf Cement profit grows 15% in 1HFY26

Maple Leaf Cement Factory Limited (PSX:MLCF) reported a net profit of Rs5.85bn for the half year ended December 31, 2025, a 15% increase from the Rs5.08bn profit recorded in the same period last year. Read more

• NBP knocks it out: CY25 profit 3.2× Rs35 dividend

National Bank of Pakistan (PSX: NBP) reported a remarkable profit after tax of Rs85.91bn for the year ended December 31, 2025, surging 3.2 times compared to Rs26.87bn in FY2024. Read more

• Asia markets hit record highs on tech rally

Asian markets rallied on Wednesday, with benchmark indices in Japan and South Korea scaling fresh record highs, tracking a technology-led surge on United States equities overnight. Read more

• MG Morning Breeze: Updates to Skim before Market

Morning Breeze aims to lessen the load for its readers by curating no5eworthy updates from the preceding day. Read more

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