MG Morning Breeze: Updates to Skim before Market

News Image

MG News | May 14, 2026 at 08:22 AM GMT+05:00

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

The State Bank of Pakistan (SBP) conducted two government securities auctions, with a settlement date of May 14, 2026, a Market Treasury Bills (MTBs) auction and a 10-Year Floating Rate Pakistan Investment Bond (PFL) Semi-Annual auction. Read more

Engro Vopak Terminal Limited (EVTL) and Engro Elengy Terminal Limited (EETL) hosted an industry-wide event in Karachi, bringing together key stakeholders from Pakistan’s terminals and maritime ecosystem. Read more

Prime Minister Shehbaz Sharif has directed commercial banks to facilitate easy credit access for women entrepreneurs and small and medium enterprises (SMEs), while also helping them tap into export markets. Read more

Crude oil prices pulled back on Wednesday, breaking a three-session winning streak as global markets held their breath over two pivotal developments. Read more

Pakistan’s evolving tax framework and the government’s broader reform agenda took centre stage as authorities reaffirmed their commitment to improving tax collection while ensuring fairness, inclusivity, and transparency in fiscal policy. Read more

The benchmark KSE-100 Index extended its losing streak on Wednesday, closing at 167,451.13, down by 1,465.09 points or 0.87%, as investor sentiment remained fragile amid persistent geopolitical uncertainty and cautious institutional activity. Read more

The Pakistani rupee (PKR) continued to trade in positive territory against the US dollar on Wednesday, registering a marginal appreciation of 0.94 paisa in the interbank market. The currency closed at PKR 278.65 per USD, slightly stronger than the previous session’s close of 278.66. Read more

The State Bank of Pakistan (SBP) has updated its foreign exchange regulations to make it easier for non-resident legal heirs to transfer inherited assets abroad. Read more

Iris Digital (Private) Limited, a subsidiary of Symmetry Group Limited, formally executed its third service agreement with JazzCash. Read more

International Industries Limited (PSX:INIL), Pakistan's largest manufacturer and exporter of steel and polymer pipes, is expanding beyond its core business with a planned move into mining and exploration, targeting opportunities primarily in Baluchistan and Khyber Pakhtunkhwa. Read more

Gold price in Pakistan decreased on Wednesday, with 24-karat gold being sold at Rs491,362 per tola, down Rs1,100. Read more

Additional berth space has been allocated at Karachi Port specifically for handling vehicles and SUVs, a concrete operational step taken as Pakistan moves to position its ports as a regional transit and transshipment hub amid shifting trade dynamics. Read more

Burj Clean Energy Modaraba (PSX:GEMBCEM) , managed by Burj Investment Management Limited, has inaugurated a 7.5 MW wind captive power project at the plant site of Power Cement Limited, which marks a milestone in what is being described as Pakistan's first green captive power transaction between the two entities. Read more

Drive from Karachi to Lahore on the M-9 or M-2 on any given weekday and you will share the highway with tens of thousands of trucks. Read more

Pakistan's economy has posted a provisional growth rate of 3.70% during the ongoing fiscal year 2025-26, with the overall size of the economy crossing the $452 billion threshold for the first time. Read more

Pakistan-China industrial ties are set for a major boost as a leading Chinese apparel company plans one of the largest manufacturing operations of its kind in the country, projecting annual exports of $400–500 million and up to 20,000 employment opportunities. Read more

A development in Pakistan’s engagement with the International Monetary Fund (IMF) Mission saw Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, briefing the visiting delegation on the country’s macroeconomic outlook, fiscal strategy, and reform priorities. Read more

Pakistan and United States economic cooperation received renewed focus during discussions held in Islamabad, where both sides reviewed investment opportunities, trade relations, Read more

Pakistan and Azerbaijan have agreed to explore expanded cooperation across energy, tourism, and regional connectivity, with both sides identifying joint ventures and stronger bilateral partnerships as key priorities. Read more

The Pakistan Stock Exchange (PSX) has formally declared a primary market auction for Government of Pakistan Hybrid Sukuk (GHS) and GoP Ijarah Sukuk (GIS), scheduled to take place on Monday, May 18, 2026, through the PSX Auction System. Read more

Gold prices fell Wednesday as a combination of hotter-than-expected inflation data and ongoing instability in the Middle East dampened investor appetite for the metal. Read more

Treet Battery Limited (PSX:TBL) has entered the lithium-ion battery market with the launch of its new product line under the brand Lithion NeoPower, marking a significant step in the company's push toward product diversification and advanced energy storage solutions. Read more

Habib Metro Bank, Crescent Textile Mills, and Highnoon Laboratories have been added to MSCI's Frontier Markets indexes in the index provider's latest semi-annual rebalancing, while Searle Company has been demoted from the main Frontier Markets Index to the Small Cap Index, and Murree Brewery has been removed entirely. Read more

Pakistan has formally become a full member of the International Olive Council (IOC), the world's leading intergovernmental body for olive oil and table olives which represents nearly 98% of global production. Read more

As global attention remains fixed on the artificial intelligence race and the Iran War, a quiet crisis is unfolding in the U.S. bond market and it is getting worse by the day. Read more

Pakistan Petroleum Limited (PSX:PPL) has completed workover operations for the sidetracking of Well Adhi South-2 in the Adhi Field, achieving a significant turnaround for a well that had been out of production. Read more

Pakistan’s total debt and liabilities increased to Rs97.31 trillion in Q3FY26, marking a rise of 8.39% YoY from Rs89.77tr in Q3FY25, according to data from the State Bank of Pakistan (SBP) released on May 13, 2026. Read more

Pakistan’s pharmaceutical sector moved toward local production of critical drug ingredients and vaccines after Pakistani and Chinese companies signed 10 Memorandums of Understanding (MoUs) in Islamabad covering Active Pharmaceutical Ingredient (API) manufacturing, technology transfer, vaccine collaboration, and pharmaceutical investment. Read more

Pakistan's external debt servicing eased to $3.86bn in the third quarter of fiscal year 2026, down from $4.07bn in the preceding quarter, according to data released by the State Bank of Pakistan (SBP). Read more

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

Pakistan’s external debt and liabilities (outstanding) reached $137.56bn at the end of Q3FY26, reflecting a decrease of $469m or 0.34% QoQ, the central bank data showed on Wednesday. Read more

Pakistan has received around $1.3 billion from the International Monetary Fund (IMF) following the completion of the third review under the Extended Fund Facility (EFF) and the approval of the second tranche under the Resilience and Sustainability Facility (RSF), the State Bank of Pakistan (SBP) said on Tuesday. Read more

Asian markets traded mixed on Wednesday as investors weighed stronger-than-expected U.S. inflation data, persistent geopolitical tensions in the Middle East, and upcoming trade discussions between the United States and China. Read more

The total government domestic debt and liabilities have increased by 11.51% to Rs57.69 trillion in March 2026, compared to Rs51.74tr in March 2025, the latest data released by the State Bank of Pakistan (SBP) showed. Read more

Pakistan's National Savings Schemes posted a modest but meaningful rebound in March 2026, with net inflows climbing to Rs22.88bn, a 10.6% recovery from February's Rs20.69bn, offering a measure of reassurance after last month's sharp retreat. Read more

The total debt of the central government went up by 9.28% YoY to Rs80.52 trillion in March 2026, compared to Rs73.69tr in March 2025, the data released by the State Bank of Pakistan (SBP) showed. Read more

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 167,451.14
208.51M
-0.87%
-1465.09
ALLSHR 101,001.01
682.33M
-0.58%
-592.67
KSE30 50,083.09
61.18M
-0.89%
-447.66
KMI30 241,220.88
90.04M
-0.57%
-1377.35
KMIALLSHR 65,816.91
315.19M
-0.47%
-307.98
BKTi 45,636.23
28.00M
-1.71%
-792.77
OGTi 35,457.78
4.84M
-0.07%
-24.04
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 79,390.00 79,805.00
79,085.00
-355.00
-0.45%
BRENT CRUDE 106.03 106.19
105.27
0.40
0.38%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-6.75
-5.78%
ROTTERDAM COAL MONTHLY 109.80 109.80
108.15
0.10
0.09%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 101.43 101.56
100.72
0.41
0.41%
SUGAR #11 WORLD 15.39 15.41
14.95
0.38
2.53%

Chart of the Day


Latest News
May 14, 2026 at 08:38 AM GMT+05:00

Pakistan debuts in China’s capital market


May 14, 2026 at 08:22 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


May 13, 2026 at 06:48 PM GMT+05:00

SBP raises Rs950bn in MTBs, Floating Rate PIB Auction



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg