MG Morning Breeze: Updates to Skim before Market
MG News | May 07, 2026 at 08:35 AM GMT+05:00
May 07, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
SECP Chairman Dr. Kabir Ahmed Sidhu has said that the success of the Capital Market Development Fund (CMDF) will not be measured by its size, but by tangible outcomes, with a key goal of expanding Pakistan’s investor base to 2.5 million over the next few years. Read more
Extending its gradual upward trend, the Pakistani rupee (PKR) posted a marginal gain of 2.83 paisa against the US dollar in Wednesday’s interbank session, closing at PKR 278.72. Read more
The federal government is closely coordinating with provincial administrations to ensure effective implementation of the Country Partnership Framework (CPF), a long-term development roadmap aimed at driving sustainable growth and reforms across Pakistan. Read more
Pakistan has launched the Capital Market Development Fund as part of efforts to expand its investor base to 2.5 million, enhance financial literacy especially among youth and make investment in capital markets simpler and more accessible. Read more
The benchmark KSE-100 Index staged a powerful rally on Wednesday, closing at 171,704.75, up by 6,962.28 points or 4.23%, as broad-based buying swept across the market amid improving geopolitical sentiment and easing oil prices. Read more
Pakistan International Container Terminal Limited (PSX:PICT) has received notification confirming the approval of a shareholding transfer, with shares in InnoVest Mauritius Limited now duly registered in the name of Sea Link Group Ltd, a company incorporated under the laws of Seychelles. Read more
A fragile diplomatic opening is emerging as the United States and Iran move closer to a preliminary agreement aimed at halting hostilities, while Shehbaz Sharif has publicly welcomed parallel de-escalation efforts in the region. Read more
ZTP (Private) Limited and IBMU Builders (Private) Limited have separately disclosed substantial shareholdings in First IBL Modaraba (PSX:FIBLM). Read more
In a move that adds fresh momentum to Pakistan’s evolving equity landscape, the Pakistan Stock Exchange (PSX) has officially announced the listing of Wahdat Poultry Farm Limited. Read more
Citi Pharma Ltd.'s (PSX:CPHL) Board of Directors, approved a proposal to acquire the entire 100% shareholding of Pakheim International Pharmaceuticals (Private) Limited, along with its associated assets, licenses, and operations. Read more
Fast Cables Limited (PSX: FCL) has completed the consolidation of its Unit 1 located at 7-Canal Bank, Main Jallo Road, Harbans Pura with Unit 2 at Ijtama Chowk, Sundar Industrial Road, Raiwind, Lahore. Read more
Pakistan and the United States have reaffirmed their commitment to strengthening bilateral trade ties and advancing negotiations on a balanced, mutually beneficial trade framework, while exploring new avenues of economic cooperation across key sectors. Read more
Oil prices dropped to $103.45 per barrel down from an earlier $107, while Pakistan’s benchmark KSE-100 Index surged 2.88% to 169,490.34 points by 2:12 PM, as improving geopolitical sentiment lifted investor confidence. Read more
Wafi Energy Pakistan and Indus Motor Company have entered into a strategic partnership for the supply of Toyota Genuine Motor Oil (TGMO) in Pakistan. Read more
Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs488,962 per tola, up Rs11,100. Read more
Sazgar Engineering Works Limited (PSX: SAZEW) recorded production and sales of both four-wheelers and three-wheelers for April 2026, showing a strong improvement across both segments compared to the previous month. Read more
China and Iran have stepping up diplomatic coordination as tensions in the Middle East disrupt global energy flows and threaten shipping through the Strait of Hormuz, a critical route for oil and gas supplies. Read more
A fresh wave of optimism swept through the Pakistan Stock Exchange in April 2026, as the market clocked a historic milestone: 24,150 new investor accounts opened in a single month, the highest ever recorded. Read more
Pakistan’s economic outlook remains stable despite rising global tensions, with early fiscal indicators showing resilience and continued investor confidence. Read more
Gold prices climbed on Wednesday, supported by a weaker U.S. dollar, while declining crude oil prices helped ease concerns about inflation and the prospect of prolonged high interest rates. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates. Read more
The clock is ticking for Prudential Stocks Fund Limited (PUDF) as the Pakistan Stock Exchange (PSX) has issued a final notice, offering one last opportunity for a hearing before moving toward delisting the company from the exchange. Read more
Oil prices declined on Wednesday after U.S. President Donald Trump declared a pause in a key naval operation in the Strait of Hormuz, signaling possible progress toward a diplomatic agreement with Iran. Read more
Islamabad marked a defining moment for Pakistan’s financial future as the Capital Market Development Fund agreement was signed, setting the stage for a more inclusive and dynamic investment landscape. Read more
State-run Pakistan LNG Ltd. has issued a tender seeking bids for two spot LNG cargoes, according to notices released on May 6 and seen by Platts, part of S&P Global Energy. Read more
The government has intensified its consultations with key industry stakeholders ahead of the Federal Budget FY 2026–27, engaging with the Healthcare Devices Association of Pakistan (HDAP) to address critical issues in the healthcare devices sector. Read more
Philip Morris International (PMI) has called on Pakistan's finance ministry to discuss the company's economic contributions to the country and stressed the need for a stable fiscal environment to sustain large-scale foreign investment and protect national revenue streams. Read more
Pakistan’s central bank has reported a strong and resilient performance of the country’s financial sector in 2025, with overall growth of 15.1% and declining risks to stability, according to its latest Financial Stability Review (FSR). Read more
Asian markets opened on a strong footing Wednesday, led by a sharp rally in South Korea, as easing oil prices and upbeat corporate earnings on Wall Street lifted investor confidence across the region. Read more
The federal government held consultations with Nestlé Pakistan ahead of the upcoming Federal Budget FY 2026–27, focusing on taxation, regulatory reform, and measures to improve ease of doing business in the consumer goods sector. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 171,704.76 562.66M | 4.23% 6962.29 |
| ALLSHR | 102,482.11 1,196.47M | 3.95% 3892.19 |
| KSE30 | 51,734.35 279.44M | 4.53% 2242.85 |
| KMI30 | 246,406.23 267.53M | 4.17% 9855.14 |
| KMIALLSHR | 66,517.53 655.25M | 3.98% 2547.90 |
| BKTi | 47,795.75 95.95M | 4.80% 2186.96 |
| OGTi | 35,771.39 36.24M | 5.10% 1734.94 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 81,120.00 | 81,805.00 81,075.00 | -615.00 -0.75% |
| BRENT CRUDE | 101.96 | 102.55 101.13 | 0.69 0.68% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 110.00 110.00 | -3.85 -3.38% |
| ROTTERDAM COAL MONTHLY | 110.10 | 110.10 110.10 | -0.30 -0.27% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 95.71 | 96.48 94.83 | 0.63 0.66% |
| SUGAR #11 WORLD | 14.83 | 15.35 14.45 | -0.54 -3.51% |
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