MG Morning Breeze: Updates to Skim before Market
MG News | June 01, 2026 at 08:32 AM GMT+05:00
June 01, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Arif Habib Limited recently achieved a historic milestone in Pakistan's financial sector by securing a clean sweep at the prestigious FinanceAsia Awards 2026. Read more
Weekly roundup of Key Economic releases and market data and statistics Read more
Pakistan’s equity market extended its upward momentum during the week ended May 29, 2026, with the benchmark KSE-100 Index closing at 173,962.82, compared to 167,844.25 recorded on May 22, 2026. Read more
The State Bank of Pakistan (SBP) has kept the rate of remuneration on the Special Cash Reserve Account (US$) at 2.62% for June 2026, down slightly from 2.65% in May 2026 and 2.66% in April 2026. Read more
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $66 million or 0.39% WoW to $17.15 billion during the week ended on May 22, 2026, data released by State Bank of Pakistan showed on Thursday. Read more
The government has reduced the price of petrol and that of high-speed diesel (HSD) by Rs22 per litre on Friday, according to a statement issued by the Prime Minister's Office (PMO). Read more
Karachi’s expanding population and rising urban demand have made timely completion of water infrastructure projects and institutional reforms essential for the city’s future water security, Sindh Chief Minister Syed Murad Ali Shah said while reviewing ongoing water supply and sewerage initiatives in the metropolis. Read more
The benchmark KSE-100 Index extended its upward momentum on Friday, closing at 173,962.81, up by 2,237.52 points or 1.30%, as investor sentiment strengthened on easing geopolitical concerns and a sharp decline in global oil prices. Read more
Pakistan’s RLNG imports witnessed disruption during May 2026 amid the prevailing situation, leading to higher prices and lower import volumes on the SNGPL network. Read more
iTANZ Technologies Limited (PSX:ITANZ) signed Memorandums of Understanding (MoUs) with three leading Chinese technology firms during Prime Minister Shehbaz Sharif's official delegation visit to China, targeting collaborative opportunities with an aggregate indicative value of approximately $45 million ($12.5 billion). Read more
The government is projected to collect around Rs1.73 trillion through Petroleum Development Levy (PDL) in FY27, showing a 17.8% year-on-year increase, according to Arif Habib Limited. Read more
The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah-based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs664billion into the market, of which Rs498.9bn were injected through reverse repo OMO. Read more
The Pakistani rupee extended its gaining streak against the US dollar on Friday, appreciating marginally by 0.95 paisa in the interbank market to settle at PKR 278.50 per USD. Read more
Gold price in Pakistan decreased on Friday, with 24-karat gold being sold at Rs474,862 per tola, down Rs500. Read more
The Pakistan Stock Exchange (PSX) has completed the recomposition of the PSX-KMI All Share Islamic Index, expanding the benchmark to 309 companies following the addition of 42 new constituents and removal of 19 others. Read more
Trading in GoP Ijarah Sukuk (GIS) instruments, suspended since May 20, 2026, will resume on Monday, June 1, 2026, as May 30 and 31 fall on the weekend. Read more
The State Bank of Pakistan (SBP) purchased $933m from the interbank foreign exchange market in February 2026, according to official data released by its Domestic Markets & Monetary Management Department. Read more
Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar held a series of high-level diplomatic engagements on the sidelines of the United Nations Security Council (UNSC) Open Briefing in New York, meeting with Czech Foreign Minister Petr Macinka and Chinese Foreign Minister Wang Yi, while also announcing an official visit to Washington, D.C. Read more
Gold prices ticked up on Friday as markets grappled with uncertainty surrounding a reported U.S.-Iran ceasefire deal, while persistent inflation concerns and the prospect of elevated American interest rates continued to underpin demand for the safe-haven metal. Read more
In a major corporate development, JS Bank Limited has substantially increased its footprint in TRG Pakistan Limited (TRGP), acquiring a 14.92% stake through the enforcement of security. Read more
The federal government will present its annual budget before the National Assembly on June 5, following formal approval of the parliamentary session. Read more
Systems Limited (PSX: SYS) delivered a solid financial performance for the first quarter ended March 31, 2026, posting a net profit of Rs3.03bn. This marks a healthy 21% growth from the Rs2.50bn net profit recorded in the corresponding period last year. Read more
In a landmark decision reinforcing the principle of corporate democracy and minority shareholder autonomy, the Lahore High Court (LHC) has officially sanctioned the Scheme of Arrangement for the merger and amalgamation of Confiz Limited with and into Systems Limited (PSX: SYS). Read more
The treasury management division of the National Bank of Pakistan (NBP) on Friday issued the following exchange rates. Read more
Oil prices dropped on Friday, putting crude on course for its sharpest weekly loss, after reports emerged that Washington and Tehran had tentatively agreed to extend a ceasefire though the deal had not yet been formalized. Read more
Asian equity markets closed higher on Friday as investors monitored escalating military developments involving Iran alongside growing optimism over a possible temporary truce between Tehran and Washington after months of conflict. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 173,962.82 313.69M | 1.30% 2237.52 |
| ALLSHR | 104,178.62 550.40M | 0.93% 964.13 |
| KSE30 | 52,166.33 164.58M | 1.26% 649.19 |
| KMI30 | 250,496.48 141.11M | 1.59% 3930.77 |
| KMIALLSHR | 67,844.06 318.73M | 1.20% 801.29 |
| BKTi | 47,430.11 44.68M | 0.28% 130.40 |
| OGTi | 36,386.96 9.01M | 0.13% 45.59 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 74,095.00 | 74,385.00 73,390.00 | 380.00 0.52% |
| BRENT CRUDE | 93.25 | 93.60 92.20 | 2.13 2.34% |
| RICHARDS BAY COAL MONTHLY | 117.00 | 0.00 0.00 | 0.25 0.21% |
| ROTTERDAM COAL MONTHLY | 130.25 | 0.00 0.00 | 0.00 0.00% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 89.77 | 90.20 88.45 | 2.41 2.76% |
| SUGAR #11 WORLD | 14.07 | 0.00 0.00 | 0.01 0.07% |
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