MG Morning Breeze: Updates to Skim before Market
MG News | April 17, 2026 at 07:22 AM GMT+05:00
April 17, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
U.S. President Donald Trump signaled a possible visit to Islamabad if a peace deal with Iran is finalized and signed there, expressing optimism that an agreement to conclude the ongoing conflict is close, as Reuters reported. Read more
The SCRA balance decreased by Rs.81.91 million during the week ending Apr 10, 2026 to close at Rs.30.05 bn. Read more
The foreign exchange reserves held by the State Bank of Pakistan (SBP) recorded their first decline after 35 consecutive weeks of increase, falling by $1.32 billion or 8.05% on a week-on-week basis to $15.08bn during the week ended April 10, 2026, according to data released by the central bank on Thursday. Read more
Al-Ghazi Tractors Limited (PSX:AGTL) has achieved a major industrial milestone by rolling out its 600,000th tractor from its long-standing manufacturing facility in Dera Ghazi Khan. Read more
The No. 4 exhibition hall at the sixth China International Consumer Products Expo (CICPE) in Haikou, Hainan, has been transformed into a vibrant “global village,” highlighting the growing magnetism of China’s consumer market for international brands seeking expansion opportunities. Read more
The long-delayed M-12 Motorway project has been revived under the Special Investment Facilitation Council (SIFC), marked its transition into a priority infrastructure initiative aimed at strengthening national connectivity and supporting regional economic development. Read more
A new achievement in Sino-German academic and industrial cooperation was marked on Wednesday with the establishment of the International College of Hefei University in Anhui province, China, through a partnership with Osnabrück University of Applied Sciences in Germany’s automotive hub of Lower Saxony. Read more
The United Arab Emirates has been identified as a major global centre for artificial intelligence, according to the AI Index Report 2026 released by Stanford University’s Institute for Human-Centered Artificial Intelligence (HAI). Read more
Prime Minister Shehbaz Sharif arrived in Doha on Thursday as part of his ongoing tri-nation diplomatic tour, aimed at strengthening bilateral ties and advancing Pakistan’s efforts for peace and regional stability. Read more
The Pakistani rupee (PKR) increased by 0.97 paisa against the US dollar in Thursday's interbank session to settle the trade at PKR 278.95 per USD, compared to previous closing of 278.96. Read more
Pakistan is set to intensify efforts to integrate its small and medium enterprises (SMEs) into global value chains as Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan on Thursday emphasized the need for stronger export linkages and international market access for the sector. Read more
Pakistan’s export growth will remain constrained unless the country’s large informal sector is brought into the formal economy, Federal Minister for Commerce Jam Kamal Khan said, stressing that formalization is essential to enhance export performance, broaden the tax base, and improve manufacturing quality. Read more
Stocks at the Pakistan Stock Exchange continued their upward trajectory on Thursday, with the benchmark KSE-100 Index posting further gains as improved liquidity outlook and foreign inflows boosted investor confidence. Read more
IPAK Group reported a robust financial performance for the nine months ended March 31, 2026, with consolidated net profit surging to Rs2.36bn, compared to Rs749m in the same period last year showing a substantial year-on-year increase. Read more
BankIslami Pakistan Limited (PSX: BIPL) is planning to raise up to Rs5 billion through the issuance of a Shariah-compliant Sukuk, aimed at strengthening its regulatory capital base and supporting the expansion of its banking operations. Read more
The Securities and Exchange Commission of Pakistan (SECP) has put forward a proposal to introduce a new system, “Swing Pricing,” aimed at making mutual fund investments more equitable and transparent. Read more
Oil prices edged lower in early Thursday trading, before rising up again as signs of a possible de-escalation between the United States and Iran eased market concerns. Read more
Mitchells Fruit Farms Limited has successfully moved to complete its PKR 500 million rights issue after its board approved the allocation of the unsubscribed portion to CCL Holdings Pvt. Limited. Read more
S.G. Power Limited has approved a comprehensive strategic transformation to reposition itself as a healthcare-focused business, with an initial emphasis on pharmaceutical licensing, distribution, and trading. Read more
The country's total textile exports drop by 1.29% YoY to $1.42bn in March 2026 compared to $1.44bn in March 2025, data released by the State Bank of Pakistan (SBP) showed. Read more
Among Pakistan’s top trading partners, China remained the top source of imports for Pakistan during March, followed by U. A. E. Dubai, Saudi Arabia, and Indonesia. Read more
The U. S. A. remained the top export destination for Pakistan during March, with $477.28 million worth of shipments, down by 10.3% against the exports of $531.95m in same period last year. Read more
Pakistan recorded a net foreign direct investment (FDI) inflow of $167.64 million in March 2026, significantly higher than $63.67 million in the same period last year, according to data released by the State Bank of Pakistan. Read more
Pakistan’s services trade deficit narrowed significantly to $23 million in March, down 81.45% month-on-month from a deficit of $124 million in February, according to data released by the State Bank of Pakistan. Read more
Pakistan has outlined its policy response to ongoing global economic shocks during a high-level meeting of finance leaders held under the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) framework on the sidelines of the IMF–World Bank Spring Meetings 2026. Read more
Gold price in Pakistan increased on Thursday, with 24-karat gold being sold at Rs504,862 per tola, up Rs1,400. Read more
Bestway Cement Limited (PSX: BWCL) reported a modest 2% increase in net profit, logging Rs17.91bn for the nine-month period ended March 31, 2026, compared to Rs17.54bn in the same period last year. Read more
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has reaffirmed Pakistan’s commitment to deep structural reforms, macroeconomic stability, and expanding global economic partnerships during his address at the Atlantic Council on the topic “Pakistan’s Path to Reform and Resilience.” Read more
Pakistan’s real effective exchange rate (REER) increased to 105.17 in March 2026, compared to 103.11 in February 2026, reflecting a 1.99% MoM increase. Read more
Pakistan recorded a current account surplus of $1.07bn in March 2026, according to the latest data released by the State Bank of Pakistan (SBP). This compares with a surplus of $1.28bn in March 2025, a decline of 16.1% year-on-year. Read more
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has praised Pakistan’s ongoing economic reform efforts, highlighting their role in strengthening macroeconomic stability and investor confidence. Read more
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, addressed the Citi Macro Forum in Washington, D.C., on the sidelines of the World Bank–IMF Spring Meetings, where he briefed institutional investors on Pakistan's economic outlook and policy direction. Read more
Pakistan has called for urgent reforms in the global financial architecture, warning that a large number of developing countries remain in acute debt distress, constrained by elevated borrowing costs and tightening global financial conditions that are limiting their ability to invest in growth and sustainable development. Read more
Pakistan and the United Nations have held discussions on the global economic implications of the ongoing Middle East crisis, with particular focus on its impact on food and energy security in developing countries, on the sidelines of the launch of the Borrowers' Platform in Washington, D.C. Read more
Pakistan and the Asian Development Bank (ADB) have reaffirmed their bilateral cooperation, with both sides exchanging views on credit enhancement for Pakistan's inaugural Panda Bond, the recently signed Country Partnership Strategy, the successful Staff-Level Agreement with the IMF, and concerns over disruptions to fertilizer supply chains and their potential impact on agricultural output. Read more
Pakistan engaged with Fitch Ratings as Federal Minister for Finance and Revenue Muhammad Aurangzeb minister appreciated Fitch’s continued engagement with Pakistan’s credit profile and acknowledged its recent assessment. Read more
Pakistan's trade deficit narrowed on a month-on-month basis in March 2026, falling 5.81% MoM to $2.84bn, compared to $3.01bn recorded in February 2026, according to provisional data released by the Pakistan Bureau of Statistics (PBS). Read more
Pakistan's large-scale manufacturing sector maintained its upward trajectory in February 2026, with the Quantum Index of Manufacturing (QIM) reaching 131.50, showing continued industrial momentum driven by strong performances in automobiles, sugar, and petroleum products. Read more
Pakistan signaled its intention to return to international capital markets after a gap of around four years, with plans to issue rupee-linked, dollar-denominated instruments under its Global Medium-Term Note (GMTN) programme. Read more
Asian markets surged on Thursday, led by a record-breaking performance in Japan, as investor sentiment strengthened on the back of Wall Street gains and growing expectations of a potential diplomatic breakthrough between the United States and Iran. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 169,911.95 405.31M | 0.83% 1392.01 |
| ALLSHR | 101,374.61 947.58M | 1.04% 1046.92 |
| KSE30 | 51,473.16 179.83M | 1.09% 554.79 |
| KMI30 | 246,056.32 173.35M | 0.99% 2408.81 |
| KMIALLSHR | 66,195.48 466.66M | 0.98% 640.12 |
| BKTi | 46,597.07 53.39M | 0.51% 235.53 |
| OGTi | 35,201.74 24.03M | 2.40% 825.30 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 74,775.00 | 75,310.00 74,645.00 | -735.00 -0.97% |
| BRENT CRUDE | 98.21 | 98.67 97.94 | -1.18 -1.19% |
| RICHARDS BAY COAL MONTHLY | 103.25 | 0.00 0.00 | 0.15 0.15% |
| ROTTERDAM COAL MONTHLY | 103.50 | 0.00 0.00 | 0.35 0.34% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 89.78 | 90.26 89.57 | -4.91 -5.19% |
| SUGAR #11 WORLD | 13.67 | 13.77 13.55 | 0.16 1.18% |
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