MG Morning Breeze: Updates to Skim before Market
MG News | June 04, 2026 at 07:42 AM GMT+05:00
June 04, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan's federal budget for the fiscal year 2026-27 will be presented on June 10, as the government prepares to lay out its revenue and expenditure plan for the coming year. Read more
Pakistan's trade deficit narrowed by 39.43% month-on-month (MoM) to $2.58 billion in May 2026, compared to $4.26bn in April 2026, as imports contracted sharply during the month. Read more
The Pakistani rupee (PKR) continued its upward trajectory against the US dollar on Wednesday, posting a modest gain in the interbank market amid stable foreign exchange conditions. Read more
The government of Pakistan has acquired an additional debt of Rs83.74 billion during the week ended May 22, 2026, which brings its total net borrowing for ongoing fiscal year 2026 to Rs707.34bn, 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 Rs423.53 billion WoW to Rs43.12 trillion as of May 22, 2026, data released by State Bank of Pakistan (SBP) showed. Read more
Pakistan's Federal Cabinet has approved the nationwide implementation of a Track & Trace System for pharmaceutical products, Federal Minister for Health Mustafa Kamal announced, marked what officials describe as a historic step toward eliminating counterfeit, fake, and substandard medicines from the country. Read more
The benchmark KSE-100 Index returned to negative territory on Wednesday, closing at 170,190.64, down by 831.13 points or 0.49%, as investor sentiment weakened amid rising geopolitical uncertainty and higher global oil prices. Read more
Efforts to strengthen human capital development, improve health and education outcomes, enhance workforce skills, and leverage technology for better public service delivery were discussed during a high-level engagement between Pakistan and the World Bank Group on Wednesday. Read more
Pakistan can face an additional 10% tariff on its exports to the United States under a proposal by the Trump administration, which is seeking to impose fresh duties on imports from 60 economies over their alleged failure to curb trade in goods made with forced labor. Read more
Following a record-shattering institutional bidding phase, the general public subscription for Service Long March Tyres Limited’s (SLM) landmark Initial Public Offering (IPO) officially opens today. Read more
Gold price in Pakistan decreased on Wednesday, with 24-karat gold being sold at Rs467,762 per tola, down Rs8,600. Read more
Ghani Chemical Industries Limited's (PSX: GCIL) members approved a further investment of up to Rs. 1,862,980,000 in GHG Emissions Mitigation Limited (GEM), an associated company of GCIL, through subscription of 186.298 million right shares of Rs. 10 each, to be issued by GEM. Read more
Pakistan's government has directed all ministries to ensure meaningful expert consultation before integrating modern technologies across various sectors of the economy, while emphasizing the need for sectoral reforms, industrial growth and increased foreign investment to achieve sustainable economic development. Read more
Prime Minister Shehbaz Sharif on Wednesday convened a meeting with prominent industrialists and corporate leaders to gather input for the federal budget for FY2026-27, reaffirming the government's commitment to an export-oriented growth strategy and stronger collaboration with the private sector. Read more
Ghani Dairies Limited (PSX:GDL) has received a fresh consignment of 300 high-yield dairy heifers imported from Australian Rural Export PTY Ltd., Australia, with the animals arriving at the company's dairy site in Khushab. Read more
The Government of Pakistan has issued a new notification revising the closing times for various business and commercial establishments across the country, effective immediately. Read more
Gold held its ground on Wednesday as escalating Middle East tensions and mounting inflation fears kept investors on edge, with markets also bracing for a slate of key US economic releases. Read more
Global oil prices moved higher on Wednesday as investors assessed the growing conflict between the United States and Iran, while signs of continued diplomatic engagement between the two countries helped temper fears of a wider escalation. Read more
The uniform Federal Excise Duty on beverages and juices does not adequately reflect differences in sugar content, nutritional value, or economic contribution. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates. Read more
Asian markets traded mostly higher on Wednesday, led by a record-breaking performance in Japan, as investors largely shrugged off escalating tensions between the United States and Iran and focused on broader market momentum. Read more
Oil & Gas Development Company Limited (PSX:OGDC) has made an oil discovery from its exploratory well, Bobi Deep-1, located in the Bobi and Dhamraki Mining Lease in District Sanghar, Sindh where the company holds 100% working interest as operator. Read more
Cement despatches fell sharply in May 2026, with total volumes dropping 21.02% year-on-year to 3.837 million tons (mt) from 4.858mt in the same month of the previous fiscal year. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 170,190.64 163.72M | -0.49% -831.13 |
| ALLSHR | 102,532.98 537.14M | -0.40% -415.66 |
| KSE30 | 50,893.03 66.16M | -0.47% -241.33 |
| KMI30 | 243,623.08 74.12M | -0.47% -1159.91 |
| KMIALLSHR | 66,477.95 346.45M | -0.43% -290.35 |
| BKTi | 46,648.43 16.80M | -0.55% -258.91 |
| OGTi | 35,262.02 5.13M | -0.42% -148.25 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 64,205.00 | 65,925.00 61,545.00 | -1380.00 -2.10% |
| BRENT CRUDE | 96.60 | 97.44 96.45 | -1.21 -1.24% |
| RICHARDS BAY COAL MONTHLY | 120.00 | 0.00 0.00 | -0.70 -0.58% |
| ROTTERDAM COAL MONTHLY | 139.00 | 142.00 139.00 | 1.70 1.24% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 94.86 | 95.91 94.76 | -1.16 -1.21% |
| SUGAR #11 WORLD | 14.22 | 14.64 14.21 | -0.16 -1.11% |
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