MG Morning Breeze: Updates to Skim before Market

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MG News | March 06, 2026 at 05:46 AM GMT+05:00

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March 06, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The SCRA balance increased by Rs1.93 billion during the week ending Feb 27, 2026 to close at Rs40.97bn. Read more

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $87.1 million or 0.54% WoW to $16.3 billion during the week ended on February 27, 2026, data released by State Bank of Pakistan showed on Thursday. Read more

The Central Development Working Party (CDWP) approved seven development projects worth Rs15.174bn across key sectors including education, health, higher education, IT, housing, power and governance, while recommending four major projects with a cumulative cost of Rs108.16bn to the Executive Committee of the National Economic Council (ECNEC) for further consideration. Read more

The Pakistani rupee (PKR) recorded a marginal gain of 1.16 paisa against the US dollar during Thursday’s interbank trading session, closing at PKR 279.41 per USD compared with the previous close of PKR 279.42. Read more

Pakistan’s National Savings Schemes (NSS) posted a net mobilization of Rs27.01 billion in January 2026, rebounding sharply from Rs4.19 billion in December, according to provisional data from the Central Directorate of National Savings. Read more

Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs537,162 per tola, down Rs2,800. Read more

The total government domestic debt and liabilities have increased by 11.1% to Rs56.14 trillion in January 2026, compared to Rs50.53tr in January 2025, the latest data released by the State Bank of Pakistan (SBP) showed. Read more

The federal government has constituted a high-level committee comprising key federal ministries and the State Bank of Pakistan to monitor evolving regional developments and their potential economic implications, particularly on energy supplies and global commodity markets. Read more

The Pakistan Stock Exchange (PSX) rebounded strongly on Thursday, with the benchmark KSE-100 Index recovering sharply after the previous session’s decline, as investor sentiment improved and broad-based buying returned across key sectors. Read more

The total debt of the central government went up by 9.98% YoY to Rs79.32 trillion in January 2026, compared to Rs72.12tr in January 2025, the data released by the State Bank of Pakistan (SBP) showed. Read more

The State Bank of Pakistan (SBP) has revoked the authorization of Riaz Exchange Company (Pvt.) Ltd to deal in foreign exchange business following the company’s request for voluntary closure of its operations. Read more

Wilmar Group has entered a Shareholders’ Agreement dated December 21, 2025, effectively taking immediate management control of Unity Foods Limited (PSX: UNITY). Read more

Oil prices jumped on Thursday as concerns mounted over the ongoing closure of the Strait of Hormuz, a vital route for Middle East oil and gas exports. Read more

The ongoing conflict in Iran is forcing global investors to reconsider the once profitable “Sell America, Buy Asia” trade, as surging oil prices and geopolitical risks hit Asian markets disproportionately, according to Bloomberg. Read more

Securities and Exchange Commission of Pakistan (SECP) has proposed introducing referral incentive programs that would allow existing investors to refer new clients to securities brokers in order to increase participation in Pakistan’s capital market. Read more

Gold prices climbed on Thursday as escalating tensions in the Middle East pushed investors toward safe-haven assets, while a weaker U.S. dollar further supported bullion demand. Read more

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

Energy markets are screaming "red alert" as crude oil prices factor in a massive $18/bbl real-time risk premium following a weekend of military escalation in the Middle East. Read more

The current disruption to shipping through the Strait of Hormuz, which has pushed oil prices higher following the Iran conflict outbreak 28 February 2026, is expected to be short-lived due to the waterway’s critical role in global energy trade, according to Fitch Ratings. Read more

In a significant reversal of recent trends, Pakistan’s state energy firm, Oil & Gas Development Company Limited (PSX:OGDC), is preparing to ramp up domestic production to shield the national economy from a deepening energy crisis in the Middle East. Read more

Asian markets advanced on Thursday, rebounding from recent losses as easing oil price concerns and gains on Wall Street improved investor sentiment across the region. Read more

Copyright Mettis Link News

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Latest News
March 06, 2026 at 05:46 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


March 05, 2026 at 06:17 PM GMT+05:00

SCRA balance climbs Rs1.9bn to around Rs41bn


March 05, 2026 at 06:07 PM GMT+05:00

SBP reserves rise $87.1m to $16.3bn


March 05, 2026 at 02:57 PM GMT+05:00

PKR gains slightly against USD



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