MG Morning Breeze: Updates to Skim before Market
MG News | July 03, 2026 at 08:32 AM GMT+05:00
July 03, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $610.8 million or 3.84% WoW to $16.53 billion during the week ended on June 24, 2026, data released by the State Bank of Pakistan showed on Thursday. Read more
The State Bank of Pakistan (SBP) raised Rs615.08bn in face value terms through the auction of Pakistan Investment Bonds (Fixed Rate), comprising competitive, non-competitive, and short-selling acceptances, against total bids of Rs2,145.93bn received across five tenors. Read more
TRG Pakistan Limited's (PSX: TRG) former CEO Zia Chishti has won the latest round in his protracted legal battle with the company, after the US District Court for the Southern District of New York (SDNY) denied a motion by The Resource Group International Limited (TRGI) and its affiliates to enjoin litigation he has pursued in Pakistan. Read more
The Economic Coordination Committee (ECC) of the Cabinet approved the auction of 8,197.989 metric tons of flood-damaged PASSCO wheat. Read more
K-Solar (Private) Limited, a wholly owned subsidiary of K-Electric's investment arm KE Ventures Company (Pvt) Limited, has signed a memorandum of understanding (MoU) with Mingyang Smart Energy Group Limited. Read more
Pakistan's trade deficit widened sharply by 63.76% month-on-month (MoM) to $4.53 billion in June 2026, compared to $2.77bn in May 2026, as imports surged during the month. Read more
The Pakistani rupee posted a marginal gain against the US dollar in the interbank market on Thursday, appreciating by 0.77 paisa to close at PKR 278.15 per dollar, compared with the previous session's closing rate of PKR 278.16. Read more
The benchmark KSE-100 Index concluded Thursday's trading session at 184,520.96, posting a gain of 470.86 points, or 0.26%, as investors extended selective buying on easing geopolitical concerns and lower international oil prices. 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 Rs2.26trillion into the market, of which Rs2.09tr were injected through reverse repo OMO. Read more
An environmental expert has called for an urgent regional strategy to address cross-border pollution affecting Pakistan, stressing that coordinated diplomatic engagement, stronger public awareness, and greater private-sector participation are essential to confront worsening smog, water shortages, and urban flooding. Read more
Pakistan and Portugal reaffirmed their commitment to further strengthening bilateral relations, with both sides agreeing to expand cooperation in political, parliamentary, economic, educational, and cultural fields for the mutual benefit of the two peoples. Read more
PIA Holding Company Limited (PSX:PIAHCLA) has completed the first tranche of the privatization transaction for Pakistan International Airlines Corporation Limited (PIACL), with PIA Equity Limited. Read more
Pak-Qatar Family Takaful Limited (PSX: PAKQATAR) has been honored with an international award at the International Takaful Summit, held in London, United Kingdom from June 30, 2026 to July 2, 2026. Read more
Highnoon Laboratories Limited (PSX:HINOON) has consistently outpaced the broader pharmaceutical industry over the past decade, delivering USD-denominated revenue growth at a ten-year CAGR of 9.6% against the industry average of 3.4%, as the company's diversified product portfolio, superior gross margins, and expanding export franchise position it for sustained earnings acceleration. Read more
Mill operations of Khalid Siraj Textile Mills Limited (PSX: KSTM) remained suspended during the quarter ended June 30, 2026. Read more
Gold price in Pakistan increased on Thursday, with 24-karat gold being sold at Rs428,736 per tola, up Rs9,100. Read more
Six Pakistani companies participated in the 2026 Hunan Integrated Development of Domestic and Foreign Trade Expo in Zhuzhou, China, showcasing a range of traditional handicrafts while Pakistani diplomats used the platform to strengthen trade ties and promote cooperation in the pharmaceutical and medical technology sectors. Read more
Pakistan's benchmark KSE-100 Index has posted the strongest three-year and five-year US dollar returns among 14 major regional and emerging-market indices, according to the Pakistan Stock Exchange (PSX). Read more
Urea offtake increased 2% YoY to 592k tons in June 2026, up 41% MoM from 419k tons in May 2026. Read more
Gold edged higher on Thursday, buoyed by weaker-than-expected U.S. private payrolls data and a pullback in oil prices, with traders now awaiting the closely watched nonfarm payrolls report for clearer signals on where the Federal Reserve stands. Read more
The Pakistan Stock Exchange's primary market delivered its most active year in recent memory in FY2026, with 11 companies raising a combined Rs18.39 billion (PKR 18,391-18,392 million) through main board initial public offerings, according to PSX data as of June 30, 2026. Read more
Soneri Bank Limited (PSX:SNBL) has had both its entity ratings and its Tier 1 Term Finance Certificate rating upgraded by the Pakistan Credit Rating Agency Limited (PACRA), with outlooks maintained as stable across the board. Read more
Pakistan held its first-ever National Summit of Women with Disabilities (WWDs) here on 29-30th June, bringing together women with disabilities from Islamabad, Khyber Pakhtunkhwa (KP), Punjab and Sindh. Read more
PM Shehbaz Sharif has ordered all federal and provincial ministries to work in complete coordination on a comprehensive strategy for the upcoming monsoon season, warning that Pakistan remains among the countries worst hit by climate change. Read more
Azgard Nine Limited (PSX:ANL) has extended the deadline for the sale of its Muzaffargarh Unit till December 31, 2026, under the Creditors' Scheme of Arrangement, following an order from the Lahore High Court permitting Agent Banks to take action against the bidder, including termination of the bid and inviting fresh bids. Read more
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb lauded the Federal Board of Revenue (FBR) for achieving its revised revenue collection target for fiscal year 2025-26 while addressing FBR officials at the FBR Headquarters on Wednesday. Read more
Oil Marketing Companies (OMC) sales volumes fell 20% YoY in June 2026 to 1.26 million tons MT (MT) , while rising 7% MoM from 1.17MT in May 2026. Read more
Masood Textile Mills Limited (PSX: MSOT) will be reclassified from the 'Textile Composite' sector to the 'Apparel' sector on the Pakistan Stock Exchange, effective Monday, July 06, 2026. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Thursday issued the following exchange rates. Read more
The Pakistan Stock Exchange Limited (PSX) has unveiled a comprehensive set of proposed amendments to Chapters 5B and 5C of its regulations, aiming to fundamentally overhaul the listing framework for both publicly issued and privately placed debt securities. Read more
The Pakistan Stock Exchange (PSX) proposed amendments to its regulations covering two separate matters. Read more
The Pakistan Stock Exchange (PSX) opened Thursday's session on a strong note, with the benchmark KSE-100 Index surging more than 1,550 points in early trade as improving investor sentiment, easing geopolitical tensions in the Middle East and continued buying in heavyweight banking stocks lifted the market. Read more
Oil prices declined on Thursday as easing fears over Middle East supply disruptions weighed on the market, with investors taking heart from signs of headway in indirect U.S.-Iran negotiations. Read more
Asian markets are expected to begin Thursday's session on a mixed note, with investor sentiment remaining cautious after a broad selloff in semiconductor stocks dragged U.S. equities lower overnight. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 184,958.54 18.30M | 0.24% 437.58 |
| ALLSHR | 111,662.02 54.64M | 0.35% 388.28 |
| KSE30 | 55,189.74 3.37M | 0.19% 106.55 |
| KMI30 | 261,931.13 5.44M | 0.24% 616.63 |
| KMIALLSHR | 71,929.04 25.03M | 0.32% 230.39 |
| BKTi | 51,740.83 0.74M | 0.12% 59.89 |
| OGTi | 37,564.31 1.44M | 0.74% 276.41 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 61,635.00 | 61,935.00 61,420.00 | -20.00 -0.03% |
| BRENT CRUDE | 72.26 | 72.37 71.44 | 0.46 0.64% |
| RICHARDS BAY COAL MONTHLY | 107.50 | 0.00 0.00 | 0.30 0.28% |
| ROTTERDAM COAL MONTHLY | 121.00 | 121.40 119.50 | 1.90 1.60% |
| USD RBD PALM OLEIN | 1,135.00 | 1,135.00 1,135.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 69.02 | 69.16 68.30 | 0.33 0.48% |
| SUGAR #11 WORLD | 14.81 | 15.17 14.81 | -0.18 -1.20% |
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