MG Morning Breeze: Updates to Skim before Market

April 14, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• SECP registers 2,993 new companies in March

The Securities and Exchange Commission of Pakistan (SECP) registered 2,993 new companies in March 2026, reflecting an 11% increase YoY, compared to the same month last year. Read more

• Fitch affirms Pakistan rating at B- with stable outlook

Fitch Ratings has affirmed Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B-’ with a Stable Outlook, citing progress on fiscal consolidation and macroeconomic stabilisation, largely supported by the country’s ongoing International Monetary Fund (IMF) programme. Read more

• Meat exports rise 9% in 8MFY26

The country’s exports of meat and meat preparations increased by 9.03% during the first eight months of the current financial year (July–February 2025–26) compared to the same period last year. Read more

• Auto sales accelerate 40% in March

Pakistan’s auto sector staged a strong year-on-year recovery in March, with sales of cars, LCVs, vans, and jeeps rising 39.9% YoY to 15,531 units, compared to 11,098 units in the same month last year, according to data released by the Pakistan Automotive Manufacturers Association. Read more

• PSX Closing Bell: Hard Day’s Night for Bulls

Stocks at the Pakistan Stock Exchange suffered heavy losses on Monday, with the benchmark KSE-100 Index falling sharply as escalating geopolitical tensions and rising global oil prices triggered widespread selling across the board. Read more

• PKR remains flat against USD

The Pakistani rupee (PKR) strengthened by 0.89 paisa against the US dollar in Monday's interbank session to settle the trade at PKR 279 per USD, compared to previous closing of 279.01. Read more

• Sally Textile Mills remains suspended for eighth consecutive year

Sally Textile Mills Limited (PSX:SLYT) continued its operational suspension through the quarter ended March 31, 2026, with no resumption of commercial production or business activities during the period. Read more

• Pakistan, Russia recalibrate ties with focus on energy and defence

Pakistan and Russia are steadily expanding cooperation across key sectors including energy, trade, defence and regional security, which reflects a growing strategic convergence between the two countries. Read more

• Govt reviews plan to cut GST to 10% for dairy products

The government has moved to address key structural and taxation challenges in Pakistan’s dairy sector, focusing on reducing GST, improving productivity, and formalizing the industry. Read more

• Gold price in Pakistan falls Rs1,600 per tola

Gold price in Pakistan decreased on Monday, with 24-karat gold being sold at Rs495,362 per tola, down Rs1,600. Read more

• Fateh Sports Wear awaits stay order relief to restart halted operations

Fateh Sports Wear Limited (PSX:FSWL) is actively working to recover US$2 million in stuck funds and expects a stay order against the company to be vacated in the near future, after which full operational activities will resume, according to a quarterly progress report submitted to Pakistan Stock Exchange. Read more

• Foreign currency deposits rise to $6.8bn in March 2026

Foreign currency deposits rose by $29.35m to $6.814 billion as of March 2026 compared to the previous month, the latest data released by the State Bank of Pakistan showed. Read more

• Gold retreats amid stronger dollar, rising oil prices

Gold prices slipped to their lowest level in nearly a week on Monday, weighed down by a firmer U.S. dollar, while a sharp rally in oil prices triggered by the breakdown of U.S.–Iran peace negotiations stoked inflation concerns and reduced expectations for Federal Reserve rate cuts this year. Read more

• SCL approves share buyback at Rs750/share

Shield Corporation Limited (PSX:SCL) has received formal acceptance from its majority shareholders and sponsors under Pakistan Stock Exchange (PSX) Regulation to proceed with the purchase of its ordinary shares. Read more

• Asia market drops on escalating Middle East tensions, higher oil prices

Asian markets fell on Monday as global markets reacted to escalating geopolitical tensions and renewed uncertainty after U.S.–Iran negotiations collapsed over the weekend. Read more

• NBP issues foreign exchange rates

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

• Pakistan must fix implementation gap to achieve economic stability

Pakistan has long understood the “what” and “why” of economic reforms, but the real challenge lies in the “how,” particularly in ensuring timely decisions and effective implementation to break recurring cycles of instability and reliance on external support. Read more

• PSX Opening Bell: Early Slide

Stocks at the Pakistan Stock Exchange came under heavy selling pressure at the opening on Monday, with the benchmark KSE-100 Index plunging sharply amid escalating geopolitical tensions and a surge in global oil prices. Read more

• KSE-100 profits hit record Rs1.8tr in 2025

Pakistan's benchmark KSE-100 Index closed 2025 on a positive note, with aggregate profitability rising 9% year-on-year to approximately Rs1,776 billion, equivalent to around US$6.3bn emphasizing the resilience of listed companies amid a challenging macroeconomic backdrop. Read more

• Oil reclaims $100 mark amid blockade fears on Iran

Crude oil prices jumped significantly amid rising geopolitical tensions, as the United States moved toward enforcing a naval blockade on Iranian ports following the breakdown of recent diplomatic talks in Pakistan. Read more

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