MG Morning Breeze: Updates to Skim before Market

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MG News | March 17, 2026 at 06:34 AM GMT+05:00

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March 17, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

Pakistan’s fuel supply situation remains stable, with sufficient petroleum stocks available to meet national demand through March, while import arrangements are already in place to ensure continued availability into April. Read more

The State Bank of Pakistan (SBP) raised a combined Rs1.151 trillion (face value) through its Market Treasury Bill (MTB) and Pakistan Investment Bond – Floating Rate (PIB-FRB) auctions conducted today, with settlement on March 17, 2026. Read more

The government has decided to expand the Roshan Digital Account (RDA) framework to allow foreign nationals, foreign companies and institutional investors to open accounts and invest in government securities as well as Naya Pakistan Certificates offering attractive returns. Read more

The State Bank of Pakistan (SBP) will remain closed on Monday, March 23, 2026, in observance of Pakistan Day, according to a circular issued by the central bank on Monday. Read more

Pakistan recorded foreign direct investment (FDI) of $213.5 million in February, marking a rise from $132.7m in the same period last year, according to data released by the State Bank of Pakistan. Read more

Pakistan’s services sector recorded a trade deficit of $99 million in February, reflecting a 63.2% decline on a month-on-month (MoM) basis, according to the latest data released by the State Bank of Pakistan (SBP). Read more

Pak Rupee's Real Effective Exchange Rate Index (REER) decreased by 0.74% in February 2026 to a provisional value of 102.535 from the revised value of 103.305 in January 2026. Read more

Pakistan recorded a current account surplus of $427 million in February, according to the latest data released by the State Bank of Pakistan (SBP). Read more

The Pakistani rupee recorded a slight gain against the US dollar in Monday’s interbank trading session, strengthening by 1.14 paisa to close at PKR 279.30 per USD, compared with the previous close of PKR 279.31. Read more

The government of Pakistan has acquired an additional debt of Rs317.37 billion during the week ended March 06, 2026, which brings its total net borrowing for ongoing fiscal year 2026 to Rs627.49bn, according to the central bank's weekly estimates. Read more

Broad money (M2), the most widely used measure of money supply in Pakistan, rose by Rs19.76 billion WoW to Rs41.92 trillion as of March 06, 2026, data released by State Bank of Pakistan (SBP) showed. Read more

Automobile financing in Pakistan has increased to Rs336.61bn in February 2026, witnessing a rise of 2.62% MoM compared to Rs328bn recorded in January 2026, according to the latest data released by the central bank. Read more

Abbott Laboratories (Pakistan) Limited (PSX: ABOT) reported a remarkable 52% increase in net profit, reaching Rs7.97bn for the year ended December 31, 2025, up from Rs5.23bn in CY24. Read more

The Pakistan Stock Exchange (PSX) witnessed a sharp decline on Monday as selling pressure dominated across major sectors, dragging the benchmark KSE-100 Index significantly lower by the close of the session amid rising geopolitical tensions and volatile global energy prices. Read more

Pak Elektron Limited (PSX: PAEL) reported a massive 63% surge in net profit, reaching Rs3.85bn for the year ended December 31, 2025, compared to Rs2.37bn in the previous year. Read more

The current surge in global oil prices, Pakistan’s energy-linked sectors are expected to outperform in the near term. Read more

Gold price in Pakistan decreased on Monday, with 24-karat gold being sold at Rs522,762 per tola, down Rs1,800. Read more

U.S. President Donald Trump has indicated that his planned trip to China later this month could be postponed as Washington pushes Beijing to play a role in reopening the strategically vital Strait of Hormuz, highlighting fresh tensions in the already delicate relationship between the two global powers. Read more

Itanz Technologies Limited (PSX: ITANZ) has secured a five-year contract worth AU$1.75 million with Australia’s largest water utility in the Australian Capital Territory, Icon Water Limited, the company informed the Pakistan Stock Exchange on Monday. Read more

Prime Minister Shehbaz Sharif has directed relevant authorities to closely monitor the supply and demand of food commodities across the country to ensure Pakistan’s food security and prevent any shortages. Read more

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

Asia markets opened the week on a cautious note Monday as investors reacted to surging oil prices and rising geopolitical tensions between the United States and Iran, developments that have increased uncertainty in global financial markets. Read more

USD bond and sukuk issuance by governments and companies in the Gulf Cooperation Council (GCC) has slowed sharply since the outbreak of the Iran war, despite the region entering 2026 with strong credit fundamentals, according to Fitch Ratings. Read more

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March 17, 2026 at 06:34 AM GMT+05:00

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