MG Morning Breeze: Updates to Skim before Market
MG News | April 24, 2026 at 09:27 AM GMT+05:00
April 24, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Prime Minister Shehbaz Sharif has constituted a National Coordination and Management Council (NCMC) to closely monitor energy security and coordinate responses to evolving regional developments. Read more
The long-awaited dividend of National Bank of Pakistan (NBP) was approved by Prime Minister Shehbaz Sharif during a high-level meeting on energy security, according to official communication. Read more
The foreign exchange reserves held by the State Bank of Pakistan (SBP) rebounded during the week ended April 17, 2026, rising by $18 million or 0.12% on a week-on-week basis to $15.10bn, according to data released by the central bank on Thursday. Read more
“Retire the debt, save the country” once a popular political slogan-now a relic of the past. The vision of a debt-free nation has shifted from a plausible goal to a distant aspiration, drifting further out of reach over time, much like an ever-expanding universe. Read more
Nimir Resins Limited (PSX: NRSL) has posted an impressive 24% increase in its net profit for the nine months ended March 31, 2026, reaching Rs242.36 million compared to Rs196.07m in the corresponding period last year. Read more
Pakistan’s capital market demonstrated notable resilience in the third quarter of FY26, weathering a turbulent global environment marked by geopolitical tensions, rising oil prices, and widespread risk aversion. Read more
The State Bank of Pakistan (SBP) conducted a Buy Back Auction for 5-Year Pakistan Investment Bonds Floating Rate (PFL),with a settlement date of April 24, 2026, repurchasing Rs309.5bn in face value terms from the market. Read more
Biafo Industries Limited (PSX: BIFO) reported a solid 17% increase in its net profit for the nine months ended March 31, 2026, reaching Rs327.62m compared to Rs280.59m in the corresponding period last year. Read more
Bank AL Habib Limited (PSX: BAHL) reported a consolidated profit after taxation of Rs7.27bn for the quarter ended March 31, 2026, showing a 32.16% decline compared to Rs10.72bn in the same period last year. Read more
The Pakistani rupee (PKR) recorded a marginal appreciation of 0.94 paisa against the US dollar in Thursday’s interbank session, closing at PKR 278.86 per USD compared to the previous day’s closing of 278.87. Read more
Stocks at the Pakistan Stock Exchange remained under pressure on Thursday, with the benchmark KSE-100 Index extending its losing streak as escalating geopolitical tensions and a surge in global oil prices dampened investor sentiment. Read more
The State Bank of Pakistan (SBP) has relaxed foreign exchange regulations to facilitate critical energy imports, allowing commercial banks to take on a greater role in arranging financial instruments for oil and gas shipments. Read more
The State Bank of Pakistan (SBP) has revised its crop loan insurance framework, introducing an upgraded version of the scheme aimed at expanding coverage, improving payouts, and integrating technology-driven risk assessment tools for farmers. Read more
Emerging Asian markets could face rising cost pressures across agribusiness and food supply chains if a prolonged US–Iran conflict continues to disrupt fertiliser supplies during the planting season, according to Fitch Ratings. Read more
MCB Bank Limited (PSX: MCB) reported a decline in its consolidated profit after taxation for the first quarter ended March 31, 2026, with earnings clocking in at Rs13.14bn, down 11% year-on-year compared to Rs14.74bn in the same period last year. Read more
The Pakistan Stock Exchange (PSX) has notified market participants of the upcoming primary market auction of Government of Pakistan (GoP) Sukuk instruments, scheduled to be held on April 28, 2026, through its auction system. Read more
International Industries Limited (PSX: INIL) reported a spectacular financial performance for the nine months ended March 31, 2026, with its consolidated net profit surging by an impressive 2.65 fold to Rs2.58bn, compared to Rs975.82m in the corresponding period last year. Read more
Samba Bank Limited (PSX: SBL) reported a solid 16% increase in its profit after taxation for the first quarter ended March 31, 2026, recording Rs193.33m compared to Rs166.85m in the corresponding period last year. Read more
Bank Alfalah Limited (PSX: BAFL) reported a strong consolidated profit after taxation for the first quarter ended March 31, 2026, clocking in at Rs10.99bn, up 55% year-on-year compared to Rs7.07bn in the same period last year. Read more
Bank Alfalah Limited (PSX: BAFL) has received in-principle approval from the State Bank of Pakistan (SBP) to raise to Rs20 billion through the issuance of Tier-II capital, the bank informed the Pakistan Stock Exchange on Thursday. Read more
Meezan Bank Limited (PSX: MEBL) reported a largely stable consolidated profit after taxation for the first quarter ended March 31, 2026, recording Rs22.40bn, steady from Rs22.42bn in the corresponding period last year. Read more
Faysal Bank Limited (PSX: FABL) reported a slight 2% dip in its consolidated profit after taxation for the first quarter ended March 31, 2026, recording Rs5.33bn compared to Rs5.41bn in the corresponding period last year. Read more
Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs493,762 per tola, down Rs5,200. Read more
Nestlé Pakistan Limited (PSX: NESTLE) reported a solid 12% increase in its net profit for the first quarter ended March 31, 2026, reaching Rs5.61bn compared to Rs5bn in the corresponding period last year. Read more
Pakistan is turning to the high-cost spot market for liquefied natural gas (LNG) after a prolonged gap of more than two years, as authorities scramble to contain an energy crisis intensified by escalating tensions in the Middle East. Read more
Attock Refinery Limited’s (PSX:ATRL) crude oil receipts and product dispatches through oil tankers have begun to normalize following intervention and support from relevant authorities, with full operational resumption expected within the next few days. Read more
Pakistan’s private sector confidence has deteriorated sharply in the first quarter of 2026, with a majority of businesses reporting worsening conditions amid rising energy costs and spillover effects from regional geopolitical tensions, according to a survey released by Gallup Pakistan. Read more
Gold prices steadied on Thursday as rising oil costs heightened concerns about inflation and the possibility of interest rates staying elevated for longer. Read more
The National Clearing Company of Pakistan Limited (PSX: NCCPL) has notified brokers and asset managers that capital gains tax on equity and mutual fund transactions for March 2026 will be collected at the end of this month. Read more
EV adoption is set to be fast-tracked nationwide as the government moves to cut fuel imports, strengthen energy security, and reduce environmental impact through electric transport. Read more
Oil prices crossed the $103 per barrel mark, as tensions between Iran and the United States continued to weigh on global markets. Read more
Fast Cables Limited (PSX: FCL) has utilized Rs2.27 billion, or roughly two-thirds of its IPO proceeds, as the Pakistani cable manufacturer moves its landmark expansion project toward full commercial production, according to a half-yearly progress report filed with the Pakistan Stock Exchange. Read more
Pakistan’s commodity market marked a historic milestone, as the first electronic trade of a locally grown, long-grain deliverable rice contract was successfully executed at Pakistan Mercantile Exchange Limited (PMEX). Read more
National Resources Limited's Darigwan Area site in Chagai, Balochistan came under attack by unidentified miscreants at approximately 17:45 pm, yesterday. Read more
Oil & Gas Development Company Limited (PSX:OGDC) has successfully revived gas production from the Jand-1 well in Attock District, Punjab, with output now exceeding 21 MMSCFD, a threefold jump from its previous level of around 7.0 MMSCFD. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 167,238.20 124.58M | -1.14% -1935.18 |
| ALLSHR | 100,098.29 392.98M | -1.02% -1035.46 |
| KSE30 | 50,698.01 39.92M | -1.02% -520.36 |
| KMI30 | 240,000.08 33.65M | -0.95% -2294.44 |
| KMIALLSHR | 64,784.24 144.51M | -0.92% -602.60 |
| BKTi | 46,912.42 26.28M | -1.50% -713.47 |
| OGTi | 34,843.65 1.93M | -0.98% -345.30 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 78,040.00 | 79,095.00 77,760.00 | 280.00 0.36% |
| BRENT CRUDE | 105.43 | 107.02 105.21 | 0.36 0.34% |
| RICHARDS BAY COAL MONTHLY | 103.25 | 0.00 0.00 | -1.00 -0.96% |
| ROTTERDAM COAL MONTHLY | 102.10 | 102.10 102.00 | -0.40 -0.39% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 96.02 | 97.60 95.88 | 0.17 0.18% |
| SUGAR #11 WORLD | 13.90 | 13.98 13.73 | 0.09 0.65% |
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