MG Morning Breeze: Updates to Skim before Market
MG News | May 06, 2026 at 08:25 AM GMT+05:00
May 06, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Sitara Petroleum Service Limited (SPSL) has wrapped up the book-building phase of its initial public offering (IPO), with the strike price set at Rs18.90 per share the top end of the price band, signaling robust institutional appetite. Read more
The Pakistani Rupee (PKR) continued its gradual but consistent appreciation against the US Dollar, strengthening by 0.98 paisa to settle at PKR 278.75 in Tuesday’s interbank trade. Read more
Pakistan's large-scale manufacturing sector maintained its growth trajectory in March 2026, with the Quantum Index of Manufacturing (QIM) reaching 124.89, reflecting continued industrial momentum driven by strong performances in automobiles, food, and garments. Read more
The benchmark KSE-100 Index ended Tuesday’s trading session on a positive note, closing at 164,742.47, up by 793.53 points or 0.48%, as investors navigated a volatile geopolitical backdrop while selectively accumulating stocks. Read more
LSE SPAC-I Limited's initial public offering, held on April 29 and 30, 2026, closed with a robust response from retail and institutional investors alike. Read more
As Pakistan shapes its fiscal roadmap for FY27, Muhammad Aurangzeb has opened a critical dialogue with the asset management industry, signaling a policy tilt toward mobilizing savings and strengthening capital markets. Read more
A pricing error at the Pakistan Stock Exchange briefly skewed the ex-dividend reference price of Bank Alfalah Limited (BAFL), but the bourse opted against intervention, citing intact market integrity. Read more
Telecard Limited (PSX: TELE) reported a solid 24% increase in its consolidated net profit for the nine months ended March 31, 2026, recording Rs381.40m compared to a restated Rs307.21m in the corresponding period last year. Read more
Gold price in Pakistan decreased on Tuesday, with 24-karat gold being sold at Rs477,862 per tola, down Rs2,100. Read more
VIS Credit Rating Company Limited has reaffirmed the entity ratings of Hi-Tech Lubricants Limited (PSX:HTL) at ‘A-/A2’ (Single A minus/A Two), maintaining a stable outlook. Read more
Gwadar Port is fast rewriting its maritime story as another diverted transshipment vessel docks, signaling a growing shift in regional trade routes. Read more
Yousaf Weaving Mills Limited has received regulatory approval from the Securities and Exchange Commission of Pakistan to issue 36.35 million ordinary shares at par value of Rs10 each, converting an outstanding loan into equity in a move aimed at strengthening its balance sheet. Read more
The SCRA balance increased by Rs.371.19m during the week ending Apr 24, 2026 to close at Rs.28.44bn. Read more
The government of Pakistan has acquired an additional debt of Rs8.17 billion during the week ended April 24, 2026, which brings its total net borrowing for ongoing fiscal year 2026 to Rs653.46bn, 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 Rs178.91 billion WoW to Rs42.64 trillion as of April 24, 2026, data released by State Bank of Pakistan (SBP) showed. Read more
Pakistan-China cooperation on climate change and green finance was highlighted as both sides explored ways to advance scalable, technology-driven and commercially viable sustainability solutions. Read more
Sea Link Group Limited, alongside its associates including Euroasia Terminal (Pvt.) Limited, has officially declared a public offer to acquire shares of Pakistan International Container Terminal Limited (PSX:PICT). Read more
Gold prices edged higher on Tuesday, recovering from a more than one-month low touched in the previous session. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. Read more
Oil prices are up, as investors weighed the risk of near-term supply disruptions against rapidly escalating tensions between the United States and Iran. Read more
In a move that signals stability rather than surprise, the Pakistan Stock Exchange Limited has retained all constituents of the UBL Pakistan Enterprise Index (UPP9) following its latest re-composition exercise as of April 30, 2026. Read more
Asian markets presented a mixed picture, as South Korea’s benchmark KOSPI Index capped off a historic rally even as broader regional sentiment weakened amid surging oil prices and rising geopolitical tensions in the Middle East. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 164,742.47 209.98M | 0.48% 793.53 |
| ALLSHR | 98,589.92 450.95M | 0.48% 474.85 |
| KSE30 | 49,491.50 133.46M | 0.19% 94.73 |
| KMI30 | 236,551.09 105.86M | 0.50% 1183.41 |
| KMIALLSHR | 63,969.63 225.40M | 0.51% 323.99 |
| BKTi | 45,608.79 57.44M | -0.05% -22.71 |
| OGTi | 34,036.45 10.66M | 1.75% 586.92 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 81,990.00 | 82,090.00 81,005.00 | 45.00 0.05% |
| BRENT CRUDE | 108.26 | 109.02 107.55 | -1.61 -1.47% |
| RICHARDS BAY COAL MONTHLY | 114.00 | 114.00 114.00 | 1.30 1.15% |
| ROTTERDAM COAL MONTHLY | 110.65 | 112.00 109.50 | 1.45 1.33% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 100.73 | 102.70 99.12 | -1.54 -1.51% |
| SUGAR #11 WORLD | 15.37 | 15.49 15.21 | 0.08 0.52% |
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