MG Morning Breeze: Updates to Skim before Market
MG News | March 02, 2026 at 06:00 AM GMT+05:00
March 02, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
February 2026 turned into a brutal reality check for the red-hot rally that had been pulling in fresh investors for months. The benchmark KSE-100 Index plunged 16,112 points or 8.7% month-on-month, closing at 168,062.17 compared with 184,174.49 at the end of January. Read more
Oil markets are on edge after renewed threats from Iran to close the Strait of Hormuz, a move that could push crude prices above $100 per barrel, according to Bloomberg. Read more
The federal government has revised petroleum product prices for the next fortnight, with both petrol and high-speed diesel (HSD) registering increases, effective March 1, 2026. Read more
Ghani Global Holdings Limited (PSX:GGL) reported a strong 42% surge in net profit to Rs1.24bn for the half-year ended December 31, 2025, compared to Rs873.09m in the same period last year. Read more
Service Industries Textiles Limited (PSX: SERT) reported a wider net loss of Rs53.90 million for the half year ended December 31, 2025, showing a 71.26% increase compared to the net loss of Rs31.47m recorded in the same period last year. Read more
Securities and Exchange Commission of Pakistan has made it mandatory for unlisted companies to convert their physical shares into book-entry form, requiring them to shift to the Central Depository System before undertaking future share-related transactions. Read more
The Economic Coordination Committee (ECC) approved major revisions to the government’s Mera Ghar Mera Aashiana (MGMA) low-cost housing finance scheme, raising the maximum loan limit to Rs10m and introducing a uniform 5% end-user pricing structure. Read more
Weekly roundup of Key Economic releases and market data and statistics Read more
Pakistan’s equity market remained under sustained pressure during the outgoing week, as the benchmark KSE-100 Index closed at 168,062.17, down from 173,169.71 recorded on February 20, 2026. Read more
Pakistan’s improving macroeconomic outlook is evident, as inflation is expected to hover between 6% and 7% in February, which supports confidence in sustained growth in FY2026. Read more
The State Bank of Pakistan (SBP) has kept the rate of remuneration on the Special Cash Reserve Account (US$) at 2.67% for March 2026, unchanged from February 2026, and down from 2.69% in January 2026. Read more
Gold price in Pakistan remained unchanged on Friday, with 24-karat gold being sold at Rs540,562 per tola, unchanged from the previous session. Read more
The Pakistani rupee (PKR) posted a marginal gain against the United States dollar in Friday’s interbank trading, appreciating by 3.02 paisa, to close at 279.47 per dollar compared to the previous session’s close of 279.50. Read more
Pakistan's short-term inflation, measured by the Sensitive Price Indicator (SPI), decreased by 0.54% for the week ended February 26, 2026, according to data released by the Pakistan Bureau of Statistics (PBS). Read more
The KSE-100 Index slipped into negative territory on Friday, as renewed geopolitical tensions weighed on investor confidence and prompted cautious trading activity. Read more
Matco Foods Limited (PSX:MFL) has successfully issued rated, secured, and privately placed short-term Sukuk certificates amounting to Rs2.5bn. Read more
Crescent Fibres Limited's (PSX:CFL) Board of Directors has resolved to approve the sale of the entire machinery and equipment of Spinning Unit-1 at Nooriabad, District Jamshoro. Read more
Coca-Cola Icecek Pakistan is planning to boost investment, enhance production capacity, and introduce new beverage varieties to the local market. 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 Rs12.95trillion into the market, of which Rs12.45tr were injected through reverse repo OMO. Read more
The Petroleum Division have signed Petroleum Concession Agreements (PCAs) and Exploration Licences (ELs) for 11 onshore oil and gas blocks in a major push to accelerate domestic exploration and production activities. Read more
Mughal Iron & Steel Industries Limited (PSX: MUGHAL) posted a substantial turnaround in profitability for the six months ended December 31, 2025. Read more
Sui Northern Gas Pipelines Limited (PSX: SNGP), one of Pakistan's largest natural gas distribution companies, has released its financial results for the half year ended December 31, 2025, showing a mixed performance marked by margin improvement amid declining top-line revenues. Read more
Atlas Battery Limited (PSX:ATBA) reported a net profit of Rs52.63m for the half-year ended December 31, 2025, a steep 68% decline from the Rs165.41m profit recorded in the same period last year. Read more
Gul Ahmed Textile Mills Limited (PSX: GATM) reported a steep decline in profitability for the half year ended December 31, 2025, posting a net profit of Rs50.70m a sharp 95.04% fall compared to the net profit of Rs1.02bn recorded in the same period last year. Read more
Kot Addu Power Company Limited (PSX: KAPCO) has reported a profit after tax of Rs826.8 million for the six months ended December 31, 2025, down 57.5% from Rs1.94 billion in the same period last year. Read more
The SCRA balance increased by Rs5.10bn during the week ending Feb 20, 2026 to close at Rs39.04bn. Read more
Tri-Star Power Limited (PSX:TSPL) reported a modest turnaround for the half year ended December 31, 2025, posting a net profit of Rs333,610. Read more
Treet Corporation Limited (PSX: TREET) posted a strong financial performance for the half year ended December 31, 2025, with net profit attributable to the group surging 46.33% to Rs216.14 million, compared to Rs147.71m in the previous year. Read more
Sitara Chemical Industries Limited (PSX: SITC) declared a remarkable recovery in its financial performance for the year ended December 31, 2025, posting a net profit of Rs724.78m, up 98.60% from Rs364.95m in the previous year. Read more
TRG Pakistan Limited (PSX:TRG) reported a net profit of Rs4.25bn for the half year ended December 31, 2025, a slight 2% decline from the Rs4.31bn profit recorded in the same period last year. Read more
Engro Holdings Limited (PSX: ENGROH) reported a robust financial performance for the year ended December 31, 2025, with net profit more than doubling compared to the previous year. Read more
Liven Pharma Limited (PSX:LIVEN) reported a net loss of Rs1.95m for the half year ended December 31, 2025, a stark reversal from the massive Rs119.23m net profit recorded in the same period last year. Read more
The State Bank of Pakistan (SBP) has declared two Open Market Operations for Friday, February 27, 2026. Read more
Sui Southern Gas Company Limited (PSX:SSGC) reported a net profit of Rs1.30bn for the half year ended December 31, 2025, which marks a steep 82% decline from the Rs7.06bn profit recorded in the same period last year. Read more
MCB Islamic Bank has declared the appointment of Hammad Khalid as its new President and Chief Executive Officer, ushering in a new chapter of leadership aimed at driving sustainable growth. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Friday, issued the following exchange rates. Read more
Wafi Energy Pakistan Limited (PSX: WAFI) has demonstrated a 7.5% increase in net profit for the year ended December 31, 2025. The company’s bottom line reached Rs3.54 billion, up from Rs3.30 billion in the previous year. Read more
Asia markets traded mixed on Friday, tracking overnight losses on Wall Street after Nvidia shares tumbled despite reporting a quarterly earnings beat. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 168,062.17 222.44M | -0.49% -830.92 |
| ALLSHR | 100,418.83 533.18M | -0.47% -469.95 |
| KSE30 | 51,322.39 95.56M | -0.78% -400.92 |
| KMI30 | 235,325.12 71.27M | -0.62% -1468.03 |
| KMIALLSHR | 64,292.17 192.91M | -0.54% -350.28 |
| BKTi | 49,115.42 49.83M | -0.78% -388.38 |
| OGTi | 32,316.78 8.08M | -1.33% -436.77 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 66,185.00 | 67,760.00 64,325.00 | -1640.00 -2.42% |
| BRENT CRUDE | 71.88 | 71.96 70.69 | 0.12 0.17% |
| RICHARDS BAY COAL MONTHLY | 96.00 | 0.00 0.00 | -3.50 -3.52% |
| ROTTERDAM COAL MONTHLY | 107.95 | 107.95 107.95 | 0.30 0.28% |
| USD RBD PALM OLEIN | 1,071.50 | 1,071.50 1,071.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 66.60 | 66.67 65.38 | 0.12 0.18% |
| SUGAR #11 WORLD | 14.05 | 14.10 13.78 | 0.18 1.30% |
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