MG Morning Breeze: Updates to Skim before Market
MG News | July 07, 2026 at 07:49 AM GMT+05:00
July 07, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The government of Pakistan has acquired an additional debt of Rs1.05 trillion during the week ended June 26, 2026, which brings its total net borrowing for ongoing fiscal year 2027 to Rs2.97 trillion, 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 Rs1.43 trillion WoW to Rs45.78tr as of June 26, 2026, data released by State Bank of Pakistan (SBP) showed. Read more
The State Bank of Pakistan will restrict applicability of the minimum rate of return on saving deposits to natural persons (individuals) maintaining a monthly average balance of up to Rs10 million, according to a circular issued by the central bank. Read more
The Securities and Exchange Commission of Pakistan (SECP) has introduced special facilitation measures to accelerate the conversion of steel sector Associations of Persons (AOPs) into registered companies following changes introduced through the Finance Act, 2026. Read more
Electric vehicle maker Tesla reported global deliveries of 480,126 vehicles during the second quarter of 2026, marked a 25% year-on-year increase compared with 384,122 units delivered in the corresponding period last year. Read more
Net savings mobilized through National Savings Schemes (NSS) clocked in at Rs18.4 billion in May 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 8.5% to Rs58.24 trillion in May 2026, compared to Rs53.68tr in May 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 7.76% YoY to Rs81.95 trillion in May 2026, compared to Rs76.05tr in May 2025, the data released by the State Bank of Pakistan (SBP) showed. Read more
Pakistan and the Kingdom of Saudi Arabia (KSA) have formalized plans to strengthen sports cooperation by signing a Memorandum of Understanding (MoU) for the development of a modern cricket stadium in Jeddah. Read more
The Pakistani Rupee added another session to its historic winning streak against the US Dollar, edging up by 0.77 paisa in Monday's interbank trading to close at PKR 278.15/USD, against Friday's finish of 278.16. Read more
Pakistan and Turkiye moved to deepen economic and investment cooperation as Prime Minister Muhammad Shehbaz Sharif invited Turkish companies to expand their footprint across Pakistan's priority sectors, including energy, mining and minerals, infrastructure, maritime and logistics, information technology, telecommunications, manufacturing, agriculture and privatization. Read more
A draft offer for sale document for Naya Nazimabad Apartment REIT has been placed on the Pakistan Stock Exchange (PSX) website for public comments, as the REIT scheme has applied for listing on PSX's Main Board. Read more
The benchmark KSE-100 Index concluded Monday's trading session at 187,454.69, posting a gain of 2,082.49 points, or 1.12%, as investors extended aggressive buying amid easing global oil prices and an improving geopolitical backdrop, while optimism over stronger corporate earnings and economic stability further lifted sentiment. Read more
Gammon Pakistan Limited (PSX:GAMON) did not secure or undertake any new construction project during the fourth quarter ended June 30, 2026, and accordingly, no operating revenue was generated from contract activities, the company said in its quarterly progress report. Read more
The Honourable XIIth Additional District Judge/Model Civil Appellate Court, Karachi-South, has dismissed TRG Pakistan Limited's civil appeal against JS Bank Limited and other parties in a judgment dated July 1, 2026. Read more
Pak Leather Crafts Limited (PSX:PAKL) has successfully discharged its entire financial obligation under the settlement agreement executed with Bank Al Baraka Pakistan Limited on 21 November 2023, with the final installment, in accordance with the agreed payment schedule, paid on 25 June 2026. Read more
First Capital Equities Limited (PSX: FCEL), in its progress report submitted to the Pakistan Stock Exchange (PSX), said it is negotiating with secured creditors and financial institutions to settle its overdue financial obligations on favorable terms. Read more
Sitara Peroxide Limited (PSX:SPL) has substantially repaid its liabilities to financial institutions in order to reduce its financial burden and strengthen its financial position for obtaining fresh funding through equity and/or bank borrowings. Read more
Barkat Frisian Agro Limited (PSX: BFAL) has received its inaugural entity credit ratings of 'A/A1' from VIS Credit Rating Company Limited, with a Stable outlook, showing the company's solid financial profile, expanding operations, and strong position in Pakistan's organized egg processing industry. Read more
Successful completion of the Balancing, Modernization and Replacement (BMR) project at the Muzaffargarh Plant (Unit-M01) has been achieved by Tata Textile Mills Limited (PSX: TATM), with the upgraded facility now commencing regular production of knitting yarn. Read more
Gold price in Pakistan decreased on Monday, with 24-karat gold being sold at Rs437,436 per tola, down Rs2,400. Read more
Sitara Petroleum Service Limited (SPSL) has moved to dispel market chatter around Gas & Oil Pakistan Limited (GO), stating it has not received any official communication indicating GO is shutting down operations, after reports and visuals suggesting a closure began circulating on social media. Read more
Security Leasing Corporation Limited (PSX:SLCL) has made further progress in its restructuring and revival, with settlements already completed with several creditors and discussions with a number of others now at an advanced stage. Read more
A petition seeking approval of the Scheme of Compromises, Arrangement and Reconstruction among Ghani Global Holdings Limited (PSX: GGL), G3 REIT Management Limited (G3RMC), G3 Properties (Private) Limited (SPV), and G3 Homes LLP was filed before the Honorable Lahore High Court on June 27, 2026, after completion of requisite formalities. Read more
Lucky Investments Limited has introduced the Lucky Islamic Dividend Yield Fund (LIDYF), an open-end Shariah-compliant equity fund aimed at providing investors with regular Halal income through dividend-paying stocks while offering the potential for long-term capital appreciation. Read more
Fateh Sports Wear Limited (PSX: FSWL) is constantly pursuing the case for release of stuck-up amount of $2 million and expects vacation of the stay order in the near future. Read more
A housing society operating in Islamabad under the name "Cabinet Division Employees Cooperative Housing Society" is using the term "Cabinet Division" in a manner that creates a false and misleading impression of ownership, management, sponsorship, or affiliation with the Cabinet Division, Government of Pakistan. Read more
Federal Finance Minister Senator Muhammad Aurangzeb has termed the newly launched InvestPak Portal a step toward democratizing investment in government securities, noting that it follows in the footsteps of Raast, which has proven highly successful. Read more
Weighted average RLNG prices on the SNGPL network rose 66% YoY in June 2026, driven by elevated oil prices, one spot cargo imports by Pakistan LNG Limited (PLL), and higher terminal charges. Read more
Global AI revenues are projected to reach $3.1tr by 2030, split across an application layer of co-pilots, agents and customer service tools worth $990bn, an intelligence layer of text, image and video models worth $495bn, and an enabling layer of GPUs, memory, data centre infrastructure and cloud worth $1.65tr. Read more
Khyber Tobacco Company Limited (KHTC) has initially entered into a Memorandum of Understanding (MoU) with KT&G Corporation, Republic of Korea, for the grant of a royalty license in respect of KT&G's cigarette brand "Pine Passion Sky." Read more
Oil prices edged lower on Monday as the Organization of the Petroleum Exporting Countries and its allies moved to raise output targets further from August, while exports from major Gulf producers through the Strait of Hormuz showed signs of recovery, pointing to a potential rise in global supply. Read more
Karandaaz Pakistan has partnered with D-Tech & Consultancy Private Ltd. (DTC) to develop a customer-friendly solution named ‘My Intelligent Assistant’ (MIA) for enriching its ‘AI in Digital Payments Program’. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 187,454.69 392.60M | 1.12% 2082.49 |
| ALLSHR | 113,198.59 882.68M | 1.08% 1206.74 |
| KSE30 | 56,130.40 178.41M | 1.31% 725.91 |
| KMI30 | 265,688.76 146.63M | 1.18% 3102.82 |
| KMIALLSHR | 72,878.09 559.84M | 1.05% 754.00 |
| BKTi | 52,878.64 56.24M | 1.68% 872.95 |
| OGTi | 38,456.53 13.67M | 1.48% 560.62 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 63,450.00 | 64,770.00 63,380.00 | -435.00 -0.68% |
| BRENT CRUDE | 72.43 | 72.75 72.04 | 0.44 0.61% |
| RICHARDS BAY COAL MONTHLY | 105.75 | 107.20 105.75 | -3.25 -2.98% |
| ROTTERDAM COAL MONTHLY | 119.15 | 123.20 118.75 | -3.35 -2.73% |
| USD RBD PALM OLEIN | 1,135.00 | 1,135.00 1,135.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 68.92 | 69.32 68.58 | 0.37 0.54% |
| SUGAR #11 WORLD | 15.16 | 15.24 14.69 | 0.31 2.09% |
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