MG Morning Breeze: Updates to Skim before Market

March 11, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Workers’ Remittances falls to $3.3bn in Feb 2026

Pakistan received workers' remittances of $3.29bn in February 2026, down 5.1% from January's $3.46bn, according to the latest data released by the State Bank of Pakistan (SBP). Read more

• Mobilink Microfinance Bank Limited moves to acquire shares of Apna Microfinance Bank Limited

Mobilink Microfinance Bank Limited has filed a Public Announcement of Intention to acquire shares and control of Apna Microfinance Bank Limited, in accordance with the provisions of the Securities Act 2015 and the Listed Companies Regulations, 2017. Read more

• PKR inches higher vs USD

The Pakistani rupee (PKR) recorded a marginal gain of 0.92 paisa against the US dollar during Tuesday’s interbank trading, closing at PKR 279.36 per USD compared to the previous session’s closing of 279.37. Read more

• Car sales rise 42% in February 2026

The sales of cars, including LCVs, vans, and jeeps, in Pakistan increased by 41.7% in February 2026, clocking in at 17,121 units compared to 12,084 units recorded in the same month of last year, the latest data from the Pakistan Automotive Manufacturers Association (PAMA) showed today. Read more

• SBP keeps a calm face in rising war storm

The State Bank of Pakistan’s (SBP) decision to keep the policy rate unchanged at 10.5% reflects a cautious balancing act at a time when the global economic environment has suddenly become more volatile. Read more

• PSX Closing Bell: Bulls Rule the Day

The Pakistan Stock Exchange (PSX) staged a powerful recovery on Tuesday, with the benchmark index surging after Monday’s historic sell-off, as easing global oil prices and hopes of de-escalation in the Middle East lifted investor sentiment. Read more

• Gillette Pakistan share buyout set at Rs700 ahead of delisting

Series Acquisition B.V. (SABV), the majority shareholder of Gillette Pakistan Limited (PSX: GLPL), is set to purchase all shares of the company held by other shareholders, excluding those held by the sponsor or majority shareholder. Read more

• Zuma Resources expands into IT, tech ventures

Zuma Resources Limited (PSX: ZUMA) has formally commenced its operational and commercial activities in accordance with the objectives set out in the newly adopted Memorandum of Association. Read more

• Gold price in Pakistan rises Rs6,200 per tola

Gold price in Pakistan increased on Tuesday, with 24-karat gold being sold at Rs539,562 per tola, up Rs6,200. Read more

• Dadex enters agreement to sell property for Rs1.85bn

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 for Rs1.85 billion. Read more

• SECP approves Al-Hilal for Shariah compliant company checks

The Securities and Exchange Commission of Pakistan (SECP) has granted approval to Al-Hilal Shariah Advisors to conduct Shariah compliance screening of companies, a move aimed at strengthening Islamic investment in Pakistan. Read more

• Port Qasim sees fresh fuel shipments

Several fuel tankers carrying petrol and gas oil have arrived at Port Qasim, easing concerns of an immediate fuel shortage in Pakistan amid ongoing tensions in the Middle East. Read more

• Bhanero Textile Mills Board approves sale of 27 acres of land to related party

Bhanero Textile Mills Limited's (PSX:BHAT) board of directors, has approved the sale and transfer of 27.08 acres of land at arm's length to related party M/s Umer Farms (Pvt) Ltd, under the provisions of Section 183 of the Companies Act, 2017. Read more

• Pakistan’s 5G Spectrum Auction signals new era in digital growth

Pakistan has taken a significant step in its digital transformation with the successful NGMS/5G Spectrum Auction, conducted by the Pakistan Telecommunication Authority (PTA), aimed at enhancing connectivity and strengthening the country’s digital economy. Read more

• Pakistan secures fertilizer supply amid regional challenges

The government has taken proactive steps to ensure a stable supply of fertilizers across the country, despite challenges in the regional market. Read more

• PHDL to distribute Rs50 per share in liquidation

In continuation of its voluntary winding-up proceedings initiated on December 31, 2024, Pakistan Hotels Developers Ltd. (PSX: PHDL) will distribute Rs.50 per share from liquidation proceeds to its shareholders and contributories. Read more

• Govt reviews measures to boost perishable food supply

The government reviewed the situation of perishable food items and discussed measures to ensure smooth domestic supply while facilitating the timely export of surplus produce amid evolving regional trade dynamics. Read more

• Pakistan declares emergency energy saving measures

The Government of Pakistan has declared a series of temporary energy conservation and austerity measures aimed at managing the ongoing energy situation and ensuring efficient fuel distribution across the country. Read more

• KPK govt implements two month fuel rationing amid supply crisis.

In a significant move to counter global petroleum supply volatility and ease the pressure on national foreign exchange reserves, the Government of Khyber Pakhtunkhwa has officially implemented a comprehensive set of fuel conservation and responsible governance measures. Read more

• Pakistan fuel stocks stable amid global oil volatility

The government’s committee overseeing petroleum pricing and energy preparedness reviewed the country’s fuel stock position and global supply developments amid ongoing regional uncertainties. Read more

• NBP issues foreign exchange rates

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

• PSX triggers market halt after KSE-30 surges 5%

Trading at the Pakistan Stock Exchange (PSX) was temporarily suspended on Tuesday after the KSE-30 Index surged 5% from the previous trading day’s close, triggering an automatic market halt under PSX regulations. Read more

• Govt borrows Rs254bn debt in a week

The government of Pakistan has acquired an additional debt of Rs254.02 billion during the week ended February 27, 2026, which brings its total net borrowing for ongoing fiscal year 2026 to Rs350.61bn, according to the central bank's weekly estimates. Read more

• PSX Opening Bell: Oil Boosts the Bulls

The Pakistan Stock Exchange (PSX) opened Tuesday’s session on a strong positive note, staging a sharp rebound after Monday’s heavy sell-off. Read more

• M2 rises by Rs918bn in a week

Broad money (M2), the most widely used measure of money supply in Pakistan, rose by Rs918.03 billion WoW to Rs41.92 trillion as of February 27, 2026, data released by State Bank of Pakistan (SBP) showed. Read more

• Asia stocks jump after sharp oil drop

Asia markets rallied on Tuesday, led by a strong surge in the KOSPI, after global oil prices tumbled and U.S. equities recovered overnight amid signals that tensions between the United States and Iran could ease. Read more

• LOTCHEM issues offer to acquire 56% stake in Engro Polymer

Lotte Chemical Pakistan Limited's (PSX:LOTCHEM) Board of Directors has approved and issued a non-binding offer to Engro Corporation Limited for the acquisition of approximately 56.19% of the issued and paid-up share capital of Engro Polymer & Chemicals Limited. Read more

• Oil prices sink amid USA warning to Iran

Oil prices tumbled by around 10% on Tuesday after U.S. President Donald Trump warned Iran against disrupting shipments through the Strait of Hormuz, while also suggesting that the ongoing conflict with Tehran could soon come to an end. Read more

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