MG Morning Breeze: Updates to Skim before Market
MG News | June 10, 2026 at 07:42 AM GMT+05:00
June 10, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan and Russia are steadily strengthening their bilateral relationship, evolving into what both sides now describe as a more stable and pragmatic partnership in a changing global landscape, Federal Minister for Energy (Power Division) Sardar Awais Ahmed Khan Leghari said on Tuesday. Read more
A new study released by Visa has found that consumers in the UAE are increasingly using artificial intelligence (AI) to support their online shopping activities, while concerns over fraud and trust continue to influence purchasing decisions. Read more
Apple introduced a major upgrade to its digital assistant, Siri, powered by artificial intelligence, during its annual Worldwide Developers Conference (WWDC), marking one of the company's most significant moves in generative AI. Read more
Samsung Electronics declared plans to embed artificial intelligence (AI) throughout its business operations as part of a company-wide transformation aimed at improving productivity, accelerating innovation, and positioning the group for long-term growth in the AI era. Read more
Net savings mobilized through National Savings Schemes (NSS) clocked in at Rs23.9 billion in April 2026, according to data released by the Central Directorate of National Savings (CDNS) and compiled by the State Bank of Pakistan. Read more
The total government domestic debt and liabilities have increased by 10.37% to Rs58.22 trillion in April 2026, compared to Rs52.74tr in April 2025, the latest data released by the State Bank of Pakistan (SBP) showed. Read more
The total debt of the central government went up by 9.33% YoY to Rs81.93 trillion in April 2026, compared to Rs74.94tr in April 2025, the data released by the State Bank of Pakistan (SBP) showed. Read more
Gold prices held its position on Tuesday as traders weighed the implications of a fragile Israel-Iran ceasefire while keeping a close eye on inflation data and the US Federal Reserve's interest rate outlook. Read more
The benchmark KSE-100 Index bounced back on Tuesday, closing at 170,330.56, up by 1,376.86 points or 0.81%, as investors returned to the market following the previous session's decline, with strong buying observed in banking, cement, power, and energy stocks. Read more
The Pakistani rupee continued its upward trajectory against the US dollar on Tuesday, marking another session of appreciation in the interbank market amid stable foreign exchange conditions. Read more
A £35 million bilateral climate cooperation framework between Pakistan and the United Kingdom came under focus as the British High Commissioner, Ms. Jane Marriott, met Federal Minister for Climate Change and Environmental Coordination, Dr. Musadik Malik, in Islamabad. Read more
Pakistan has reaffirmed its commitment to the second phase of the China-Pakistan Economic Corridor (CPEC), describing it as a comprehensive roadmap that will directly help the country achieve its development targets. Read more
Gold price in Pakistan increased on Tuesday, with 24-karat gold being sold at Rs455,063 per tola, up Rs2,830. Read more
Due to maturing foreign currency loans, securities, and deposits, Pakistan's foreign currency assets are expected to see a net outflow of $24.77bn, according to the latest liquidity report released by the State Bank of Pakistan (SBP). Read more
AGP Limited is set to become a significantly larger pharmaceutical entity following OBS Group's planned consolidation of its three subsidiaries into the listed company, JS Global Capital reiterating its Buy rating and flagging up to 49% upside from current levels. Read more
Prime Minister Shehbaz Sharif has directed authorities to accelerate the privatization of electricity distribution companies (DISCOs). Read more
Health continues to remain a top priority under the vision of Prime Minister Shehbaz Sharif, with the government reaffirming its commitment to strengthening preventive healthcare and expanding disease prevention services across Pakistan. Read more
The government must prioritize public welfare, provincial rights, and economic stability in the upcoming federal budget. Read more
Pakistan's federal budget for fiscal year 2026-27 is set to be presented on June 12, as the government prepares to lay out its revenue and expenditure plan for the coming year. Read more
The Korea-Pakistan Education Corridor (KPEC) Expo was inaugurated in Islamabad by Federal Minister for Education and Professional Training Dr. Khalid Maqbool Siddiqui, who emphasized the immense potential of Pakistan's youth to contribute not only to the national economy but also to addressing global workforce and demographic challenges. Read more
Pakistan is set to establish coastal sports academies, cricket training centres and structured youth programmes along the coastline under a comprehensive roadmap linking the maritime and sports sectors with the country's blue economy vision. Read more
A federal judge has invalidated a $100,000 fee that President Donald Trump had imposed on new H-1B visas for skilled foreign workers, ruling it an unlawful tax imposed without congressional approval. Read more
OpenAI has submitted a confidential S-1 filing to the US Securities and Exchange Commission, taking the first formal step toward an initial public offering. Read more
The United States has added Chinese technology and industrial giants including e-commerce group Alibaba, search engine operator Baidu, electric vehicle makers BYD and Nio to the Pentagon's list of companies believed to be supporting China's military. Read more
The State Bank of Pakistan (SBP) has issued an auction tender notice for the outright purchase of Government of Pakistan (GoP) Ijara Sukuk on a deferred payment (Bai Muajjal) basis from all Islamic Banks and Islamic Banking Branches. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. Read more
The government is targeting to raise Rs7.15 trillion during the three months from June 2026 – August 2026 through the auction of Market Treasury Bills (MTBs) and Pakistan Investment Bonds (PIBs), according to the auction calendars released by the State Bank of Pakistan (SBP). Read more
The government of Pakistan has acquired an additional debt of Rs193.18 billion during the week ended May 29, 2026, which brings its total net borrowing for ongoing fiscal year 2026 to Rs900.52bn, 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 Rs418.33 billion WoW to Rs43.54 trillion as of May 29, 2026, data released by State Bank of Pakistan (SBP) showed. Read more
Oil prices posted modest gains in early trading on Tuesday as investors continued to assess the fragile ceasefire between Iran and Israel, with concerns lingering that hostilities could flare up again despite recent diplomatic efforts. Read more
Asian equity markets moved higher on Tuesday, with technology shares leading the advance as investors renewed their appetite for artificial intelligence-related stocks following a strong session on Wall Street. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 170,330.56 209.36M | 0.81% 1376.85 |
| ALLSHR | 102,776.00 765.10M | 0.85% 863.00 |
| KSE30 | 50,737.15 66.77M | 0.77% 386.66 |
| KMI30 | 243,202.84 63.94M | 0.72% 1744.16 |
| KMIALLSHR | 66,614.20 338.53M | 0.70% 461.96 |
| BKTi | 46,313.18 13.24M | 1.10% 505.34 |
| OGTi | 35,066.80 5.64M | 0.45% 158.54 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 61,605.00 | 62,095.00 61,275.00 | -565.00 -0.91% |
| BRENT CRUDE | 92.07 | 93.26 91.66 | 0.62 0.68% |
| RICHARDS BAY COAL MONTHLY | 123.75 | 124.00 123.75 | -1.25 -1.00% |
| ROTTERDAM COAL MONTHLY | 133.20 | 133.40 133.00 | -3.55 -2.60% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 88.76 | 90.00 88.28 | 0.56 0.63% |
| SUGAR #11 WORLD | 14.14 | 14.23 13.97 | 0.02 0.14% |
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