MG Morning Breeze: Updates to Skim before Market

April 07, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Lights out early, Govt tightens business hours amid energy crisis

The government has decided new nationwide measures aimed at reducing energy consumption and controlling rising petroleum costs, introducing strict closing times for markets, businesses, and social events. Read more

• The Exit That Keeps Giving — But Not to You

When Pak Suzuki Motor Company (PSMC) delisted from the Pakistan Stock Exchange in April 2024 at Rs609 per share, a price its own management proposed at Rs406 before a belated 50% bump, minority shareholders were told they were being offered a "fair exit." Read more

• SBP eases rules for IT exporters, freelancers

State Bank of Pakistan (SBP) has rolled out a series of facilitation measures aimed at streamlining export procedures for IT companies and freelancers, with a focus on improving efficiency, reducing documentation burden, and enhancing ease of doing business. Read more

• Govt tightens petrol monitoring, ensure availability

The government has intensified oversight of the petroleum sector following recent price adjustments, emphasizing supply continuity, market discipline, and enhanced monitoring across the supply chain. Read more

• KP riders get Rs2,000 fuel relief via Dastak app

The Government of Khyber Pakhtunkhwa has unveiled the “Ehsaas Fuel Support Program”, aimed at providing financial assistance to registered motorcycle and scooter owners across the province. Read more

• Sindh Govt launches online system for motorcycle fuel subsidy

The Sindh government has rolled out an online verification and registration system to facilitate citizens applying for the motorcycle fuel subsidy programme, enabling applicants to confirm ownership digitally using CNIC and IBAN details and receive automated confirmation. Read more

• CLOV sets April 18 book closure for 10 to 1 stock split

The face value of Clover Pakistan Limited (PSX:CLOV) shares will be reduced from Rs10 to Rs1, increasing the total number of shares from 38,928,824 to 389,288,240, while the paid-up capital of the company remains unchanged. Read more

• PKR holds firm, edges higher against USD

The Pakistani rupee (PKR) strengthened marginally by 2.90 paisa against the US dollar in Monday’s interbank session, closing at PKR 279.07 per USD compared to the previous close of 279.10. Read more

• Carbon levy likely to be doubled in FY27 budget

The federal government is preparing to significantly increase its carbon taxation framework, with plans to double the Carbon Levy on petroleum products from Rs2.5 to Rs5 per litre in the upcoming fiscal year 2026–27, according to sources familiar with the proposed Finance Bill told Mettis Global. Read more

• SLGL offsets fuel shock with smart pricing moves

Secure Logistics-Trax Group Limited (PSX: SLGL) has effectively absorbed the impact of sharp fuel price increases triggered by the deteriorating regional situation since February 28, 2026, by implementing timely pricing and operational strategies. Read more

• PSX Closing Bell: Ending on a High Note

Stocks at the Pakistan Stock Exchange staged a recovery on Monday, with the benchmark KSE-100 Index closing higher, supported by gains in key sectors despite continued global uncertainty surrounding oil markets. Read more

• PIAHCLA approves 75% divestment of PIACL

PIA Holding Company Limited’s (PSX:PIAHCLA) shareholders approved the divestment of 75% of the issued and paid-up share capital of Pakistan International Airlines Corporation Limited (PIACL) to PIA Equity Limited, at an Extraordinary General Meeting. Read more

• Pakistan fan makers push green technology for global markets

Pakistan’s electric fan industry is gearing up to scale production of energy-efficient DC fans, aiming to reduce electricity consumption domestically while expanding exports to the Middle East and Africa. Read more

• Gold price in Pakistan rises Rs1,100 per tola

Gold price in Pakistan increased on Monday, with 24-karat gold being sold at Rs491,462 per tola, up Rs1,100. Read more

• SECP introduces ESG funds to drive green investments

The Securities and Exchange Commission of Pakistan (SECP) has released a concept paper proposing ESG (Environmental, Social, and Governance) mutual funds to encourage environmentally friendly investments across the country. Read more

• Pakistan proposes ceasefire plan between Iran, U.S.A

Pakistan has presented a plan to Iran and the United States aimed at ending hostilities and potentially reopening the Strait of Hormuz. Read more

• Agritech Urea plant halts amid gas supply disruption

Agritech Limited (PSX: AGL) has declared that its Urea plant has been temporarily shut down following a suspension of gas supply by Sui Northern Gas Pipelines Limited (SNGPL). Read more

• Gold dips on stronger dollar, rising oil pressure markets

Gold prices dipped on Monday, on a stronger U.S. dollar, as ongoing Middle East tensions and robust U.S. employment data weighed on investor expectations for Federal Reserve interest rate cuts. Read more

• Saudi Arabia raised all prices to record premium as war hits market

Saudi Arabia has set a record-high premium for its Arab Light crude sold to Asia, showing escalating tensions in the Persian Gulf and disruptions at the Strait of Hormuz. Read more

• Russian routes take a turn toward Pakistan

Pakistan is stepping up efforts to attract Russian tourists, as it aims to host 50,000 visitors annually and generate up to $1 billion in revenues. Read more

• NCML clarifies non-applicability of Shariah disclosures

Nazir Cotton Mills Limited (PSX: NCML) clarifies its position regarding Shariah-related disclosures under the Fourth Schedule of the Companies Act. The company confirmed that this disclosure requirements apply only to entities designated as Shariah-compliant or listed on an Islamic index. Read more

• Govt begins disbursing subsidies via digital wallets

The government has started disbursing petroleum and transport subsidies through digital wallets to ensure transparency. Read more

• Short term bond yields spike on Iran conflict

The sudden onset of the war in Iran has caught the attention of global investors, primarily manifesting as a dramatic spike in short-term bond yields. Read more

• Pakistan, Türkiye to sign judicial cooperation MoU

Pakistan and Türkiye will sign a Memorandum of Understanding (MoU) on judicial cooperation on April 6 at the Supreme Court of Pakistan, establishing a formal and structured framework for collaboration between their top constitutional courts. Read more

• NBP issues foreign exchange rates

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

• Asia markets climb amid Middle East tensions, oil surge

Asian markets moved higher on Monday, led by gains in Japan and South Korea, even as geopolitical tensions in the Middle East kept investors cautious and several regional markets remained closed for holidays. Read more

• Oil pulls back to $109 amid Trump’s escalating pressure on Iran

Oil prices moved higher, with U.S. crude briefly surpassing $114 per barrel, as geopolitical tensions intensified after U.S President Donald Trump issued a deadline to Iran to reopen the Strait of Hormuz or face potential military strikes on critical infrastructure. Read more

• Pakistan's Oil Supply Chain Amid Regional Conflict: Observations and the Path Forward

On 28 February 2026, joint US-Israeli strikes on Iran effectively closed the Strait of Hormuz, through which Pakistan sources roughly 80 percent of its energy imports. Read more

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