MG Morning Breeze: Updates to Skim before Market
MG News | June 19, 2026 at 07:13 AM GMT+05:00
June 19, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The Central Development Working Party (CDWP), chaired by Federal Minister for Planning, Development and Special Initiatives and Deputy Chairman Planning Commission, Ahsan Iqbal, approved six development projects worth Rs16.9bn and recommended six major projects totaling Rs418.8bn to the Executive Committee of the National Economic Council (ECNEC) for final approval. Read more
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $5.8 million or 0.03% WoW to $17.22 billion during the week ended on June 12, 2026, data released by State Bank of Pakistan showed on Thursday. Read more
Consumers across the country are expected to receive substantial relief at the pumps in the upcoming fortnightly review. Read more
Foreign investors ' repatriation of profit and dividends rose 2.31% YoY in 11MFY26 to $2.15 billion compared to $2.11bn worth of repatriation in the same period last year, the latest data issued by the central bank revealed. Read more
Any attempt to use water as a weapon is unacceptable, as water is closely linked to livelihoods, food security, agriculture, the economy and the national security of millions of people. Read more
The return on bank deposits has decreased by 52 basis points to 4.33% in May 2026 compared to the deposit rate of 4.85% last month, according to the latest official data. Read more
Pakistan and China have joined hands to establish the country's first-ever Joint Laboratory for Desert Agriculture and a Science and Technology Backyard on Desert Horticulture. Read more
The federal government has decided to freeze a proposed 5% increase in Karachi Port Trust (KPT) tariffs for fiscal year 2026-27, a move aimed at providing relief to importers, exporters and consumers while easing pressure on trade-related costs. Read more
The Chairman of the Securities and Exchange Commission of Pakistan (SECP), Dr. Kabir Ahmed Sidhu, has instructed the Pakistan Mercantile Exchange (PMEX) to prepare a comprehensive implementation plan for introducing physically settled agricultural futures contracts, aimed at strengthening Pakistan’s commodity market ecosystem. Read more
The Bank of England's Monetary Policy Committee voted 7-2 to keep the benchmark interest rate unchanged at 3.75% at its June meeting, opting to hold fire as policymakers weigh the inflationary fallout from the Middle East conflict against signs of a weakening domestic economy. Read more
The Pakistani rupee (PKR) posted a marginal gain against the US dollar in Thursday’s interbank market, appreciating by 1.17 paisa to close at PKR 278.26 per dollar, compared with the previous day’s closing level of PKR 278.27. Read more
Engro Vopak Terminal Limited (EVTL), a joint venture of Engro Corporation Limited, has obtained all requisite approvals for the renewal of its Implementation Agreement with Port Qasim Authority (PQA), securing its operating rights at Pakistan's only integrated bulk liquid chemical and LPG terminal for another 30 years on a non-exclusive basis. Read more
The Pakistan Stock Exchange (PSX) continued its upward momentum on Thursday, with the benchmark KSE-100 Index closing at 181,398.21, gaining 887.19 points or 0.49%. Read more
Hinopak Motors Limited (PSX: HINO) posted a remarkable more than three-fold surge in its net profit for the year ended March 31, 2026, reaching Rs541.25m compared to Rs161.96m in the corresponding period last year. Read more
Bank Alfalah Limited (PSX:BAFL) has secured final approval from the State Bank of Pakistan (SBP) for the issuance of Tier 2 capital through redeemable capital in the form of Term Finance Certificates (TFCs) amounting to Rs20 billion. Read more
Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs452,936 per tola, down Rs2,300. Read more
Agro Processor Atmospheric Gases (APAG) Limited has submitted its complete initial public offering (IPO) documentation, including the Draft Prospectus, to the Securities and Exchange Commission of Pakistan (SECP) and Pakistan Stock Exchange (PSX) for listing approval. Read more
The Ministry of Industries and Production and Special Assistant to the Prime Minister Haroon Akhtar Khan pushed back against allegations raised by Senator Faisal Vawda in a Senate Standing Committee meeting, countering each charge with documentary evidence while noting that Vawda failed to produce any supporting proof for his claims. Read more
The Asian Development Bank (ADB) has approved a $700 million policy-based loan to Pakistan under its Insurance Transformation Program. Read more
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Wednesday met a delegation of BYD Group and Mega Motor Company (MMC) to review ongoing cooperation and future investment plans in Pakistan’s electric vehicle (EV) sector. Read more
Prime Minister Shehbaz Sharif has called that the government presented a people-friendly budget despite a challenging economic environment, promising that the benefits of positive economic developments would be passed directly to citizens once regional peace and normalcy are fully restored. Read more
Gold prices climbed more than 1% on Thursday, recovering losses from the previous session, as easing crude oil prices helped soften inflation expectations and boosted demand for the safe-haven metal. Read more
For most citizens, the true test of freedom isn’t just found at the ballot box, but in the courtroom. According to the newly released "Pakistan Freedom Report 2026," Pakistan's robust constitutional promises are colliding with a severely strained justice system, creating a massive "justice gap" that affects the daily lives of millions. Read more
The US Federal Reserve's Federal Open Market Committee (FOMC) voted unanimously 12-0 to keep the federal funds rate unchanged at 3.5 to 3.75%. Read more
Artistic Denim Mills Limited (PSX:ADMM) has retained its entity ratings of 'A-/A2' from VIS Credit Rating Company Limited, with a Stable outlook maintained on the assigned ratings. Read more
BankIslami Pakistan Limited has signed a Technical Services Agreement with Al-Hilal Shariah Advisors to enhance Shariah-compliant equity screening and monitoring services for listed companies at the Pakistan Stock Exchange (PSX). Read more
Registration of eligible investors for the Initial Public Offering (IPO) of Select Technologies Limited commenced on 17th June and will continue until 3pm June 23, 2026, ahead of the company’s book building process scheduled for June 22 and June 23, 2026. Read more
VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Sitara Chemical Industries Limited (PSX: SITC) at ‘A+/A2’ (Single A Plus/A Two), while maintaining a ‘Stable’ outlook on the assigned ratings. Read more
The State Bank of Pakistan (SBP) ordered commercial banks and microfinance institutions to utilize existing proxy models to assess the income of applicants applying for credit under the prime minister’s low-cost housing initiative. Read more
Pakistan secured $1.03bn in external financing in May 2026, bringing the cumulative 11MFY26 (July–May) total to $12.11bn, the latest monthly report by the Economic Affairs Division (EAD) showed. Read more
Sindh government presented a Rs3.562 trillion budget for FY2026-27, projecting a deficit of Rs36.9 billion against estimated receipts of Rs3.525 trillion. Read more
An electronically signed memorandum of understanding between the United States and Iran has been formally declared by Prime Minister Shehbaz Sharif, marking a landmark diplomatic breakthrough facilitated by Pakistan. Read more
Oil prices steadied Thursday after US President Donald Trump signed a peace deal with Iranian President Masoud Pezeshkian to end the Middle East conflict, even as the International Energy Agency warned of a significant supply glut on the horizon. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Thursday issued the following exchange rates. Read more
Plans to bring 20–30 German companies to Pakistan and facilitate Pakistani businesses' access to European markets through the EU-Pakistan Business Network were discussed during a meeting between Federal Minister for Board of Investment Qaiser Ahmed Sheikh and a German delegation led by Matthew D. Shaw, Country Representative of BVMW (German Mittelstand) to Pakistan. Read more
The Government of Pakistan conducted primary market auctions for the issuance of Government of Pakistan (GoP) Hybrid Sukuk (GHS) and GoP Ijarah Sukuk (GIS), with a settlement date of June 18, 2026. Read more
Asian markets traded mixed on Thursday, with major benchmarks in Japan and South Korea climbing to fresh record highs, while markets in Hong Kong and Australia remained under pressure as investors assessed the U.S. Federal Reserve’s latest policy outlook. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 181,398.22 445.72M | 0.49% 887.19 |
| ALLSHR | 109,207.09 1,229.93M | 0.60% 651.22 |
| KSE30 | 54,098.50 207.37M | 0.48% 257.23 |
| KMI30 | 258,982.79 206.69M | 0.63% 1632.68 |
| KMIALLSHR | 70,885.99 618.36M | 0.67% 471.82 |
| BKTi | 49,433.60 45.14M | -0.05% -23.01 |
| OGTi | 37,143.87 18.42M | 0.59% 217.29 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 64,935.00 | 66,160.00 64,825.00 | -765.00 -1.16% |
| BRENT CRUDE | 79.10 | 79.57 77.75 | 0.14 0.18% |
| RICHARDS BAY COAL MONTHLY | 123.00 | 0.00 0.00 | 7.50 6.49% |
| ROTTERDAM COAL MONTHLY | 125.50 | 0.00 0.00 | -0.40 -0.32% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 75.37 | 76.06 74.09 | 0.10 0.13% |
| SUGAR #11 WORLD | 14.24 | 14.33 14.22 | -0.07 -0.49% |
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