MG Morning Breeze: Updates to Skim before Market
MG News | July 09, 2026 at 07:47 AM GMT+05:00
July 09, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The State Bank of Pakistan (SBP) raised Rs2.068tr in face value terms through the auction of Market Treasury Bills (MTBs), inclusive of competitive and non-competitive bids, against total face value bids of Rs4.285tr received across four tenors. Read more
Pakistan has secured a landmark achievement in international philately after prominent businessman and noted philatelist M Arif Balgamwala became the first Pakistani to win a Gold Medal in the prestigious Five-Frame category at the Macao 2026 Specialized World Stamp Exhibition. Read more
Bangladesh and Netherlands have reaffirmed their commitment to deepening bilateral cooperation in water resources management, agreeing to focus on knowledge sharing, technology transfer, research and capacity building. Read more
Saudi Arabia has taken another step toward developing a domestic helicopter manufacturing industry by convening a strategic workshop led by the Ministry of Industry and Mineral Resources in partnership with the National Center for Industrial Development and global aerospace company Airbus. Read more
Pakistan has invited Bahrain to explore investment opportunities across key sectors, including information technology, food security and tourism, as both countries moved to deepen cooperation in digital technologies and telecommunications. Read more
In a major turnaround for Pakistan's power sector, the Multan Electric Power Company (MEPCO) has returned to profitability after reversing more than Rs37 billion in losses in just two years. Read more
The Overseas Investors Chamber of Commerce and Industry (OICCI) released its Security Survey 2026, cautioning that deterioration in Karachi and continued security challenges in the country's western regions are weighing on investor confidence and business operations despite improvements in parts of Pakistan. Read more
The Pakistan Stock Exchange (PSX) ended Wednesday's session sharply lower, with the benchmark KSE-100 Index shedding more than 4,600 points as heightened geopolitical tensions in the Middle East triggered broad-based selling, prompting investors to reduce exposure to risk assets. Read more
The Pakistani rupee posted a slight gain against the US dollar in the interbank market on Wednesday, 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 Punjab government has introduced the Green Property Certificate at the Land Record Center in Alipur, Muzaffargarh, as part of its ongoing land record reforms aimed at improving transparency and strengthening property ownership verification. Read more
Japanese companies are rushing out a new generation of anti-heat products this summer, moving beyond basic parasols and fans toward compact, multi-functional gear as forecasters warn of another blistering season nationwide. Read more
Global oil prices climbed to around $78 per barrel on Wednesday after renewed military confrontation between the United States and Iran heightened concerns over supply disruptions in the Middle East. Read more
Gold price in Pakistan decreased on Wednesday, with 24-karat gold being sold at Rs430,236 per tola, down Rs4,700. Read more
The Board of Directors of Citi Pharma Limited (PSX: CPHL), in its meeting held on 08 July 2026, approved and recommended a Scheme of Arrangement and Demerger. Read more
Commercial production and business operations in the main business line of Mubarak Textile Mills Limited (PSX: MUBT) have not been commenced or resumed, the company stated in a progress report submitted to the Pakistan Stock Exchange (PSX). Read more
The benchmark KSE-100 Index traded sharply lower on Wednesday, standing at 180,983.70 as of 1:52pm, down 5,271.85 points, or 2.83%, as investors reacted to escalating geopolitical tensions in the Middle East and a sharp rise in international oil prices. Read more
The federal government has levied regulatory duty on the import of a wide range of goods under a fresh notification issued by the Ministry of Finance and Revenue, superseding its previous notification of June 30, 2025. Read more
Pakistan Mercantile Exchange Limited (PMEX) delivered record performance during fiscal year 2025-26, with trading activity and investor participation reaching their highest levels since the exchange began operations. Read more
Prime Minister Shehbaz Sharif on Tuesday said his recent visit to Türkiye would further deepen the longstanding bilateral relationship, while noting growing interest from Turkish investors in Pakistan's key economic sectors. Read more
LSE SPAC II Limited's Initial Public Offering (IPO) has received an overwhelming response from investors and has been oversubscribed by 22.27 times the offered subscription size, according to LSE Capital Limited (PSX:LSECL). Read more
Due to maturing foreign currency loans, securities, and deposits, Pakistan's foreign currency assets are expected to see a net outflow of $24.74bn, according to the latest liquidity report released by the State Bank of Pakistan (SBP). Read more
The Securities and Exchange Commission of Pakistan (SECP) has registered 18,057 new companies since January 2026, according to a detailed briefing. Read more
Air Link Communication Limited and its wholly owned subsidiary, Select Technologies Limited, have achieved the financial close of a Rs4.76bn, 10-year Islamic syndicated term finance facility to support the expansion of their manufacturing operations at the Sundar Green Special Economic Zone. Read more
S.G. Power Limited (PSX: SGPL) has entered into a Distribution Agreement with Lablink Enterprises in relation to the distribution of Nipro hospital products in Pakistan. Read more
Federal Finance Minister Muhammad Aurangzeb visited the headquarters of the Securities and Exchange Commission of Pakistan (SECP), where he chaired a high-level meeting to review matters related to the corporate and financial sectors. Read more
The government is targeting to raise Rs6.15 trillion during the three months from July 2026 till September 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
A 51% stake in Askari General Insurance Company Limited (PSX: AGIC) will be transferred from Army Welfare Trust ("AWT") to Fauji Foundation ("FF") at a carrying cost of Rs17.06 per share, subject to applicable regulatory approvals and codal formalities, according to a notice sent to the Pakistan Stock Exchange. Read more
Pakistan Customs' Directorate General of Intellectual Property Rights Enforcement (IPRE) registered 201 Intellectual Property Rights (IPR) forfeiture and seizure cases during FY 2025-26, up from 162 cases in the preceding year. Read more
The federal cabinet on Wednesday approved Pakistan's first-ever four-year Hajj Policy and Plan 2027-2030, introducing a Shariah-compliant savings scheme, continuous Hajj registration until 2030, and a fully digital Hajj management system to improve planning and services for pilgrims. Read more
Gold prices fell on Wednesday, as renewed U.S. military action against Iran fanned fears of inflation and higher interest rates, even as the same tensions lifted oil and the dollar ahead of the Federal Reserve's June meeting minutes. Read more
The benchmark KSE-100 Index opened Wednesday's trading session on a weak note, standing at 183,759.73 as of 9:37am, down 2,495.82 points, or 1.34%, as investors turned risk-averse following renewed geopolitical tensions in the Middle East and a sharp rise in international oil prices. Read more
Asia markets traded mostly lower on Wednesday as escalating tensions between the United States and Iran dampened investor sentiment and pushed oil prices higher ahead of the release of minutes from the U.S. Federal Reserve's latest policy meeting. Read more
Pakistan is preparing to overhaul the way its petroleum market operates by gradually moving away from government-controlled fuel pricing, with plans to introduce greater market transparency through digitalization of the fuel supply chain and the possible publication of daily international benchmark prices. Read more
Pakistan's long-awaited refinery upgrade policy has been submitted to the federal cabinet and is expected to receive approval shortly, paving the way for billions of rupees in refinery modernization investments and the production of Euro-V compliant fuels. Read more
Oil prices advanced on Wednesday after the United States launched fresh military strikes on Iran following attacks on commercial vessels passing through the Strait of Hormuz. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 181,629.37 571.94M | -2.48% -4626.18 |
| ALLSHR | 109,942.32 1,541.49M | -2.27% -2557.43 |
| KSE30 | 54,279.48 234.32M | -2.50% -1392.96 |
| KMI30 | 256,369.77 237.08M | -2.52% -6638.08 |
| KMIALLSHR | 70,626.90 760.65M | -2.27% -1639.91 |
| BKTi | 51,526.21 75.97M | -2.50% -1323.13 |
| OGTi | 36,774.58 15.60M | -2.63% -993.95 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 62,040.00 | 62,800.00 61,795.00 | -390.00 -0.62% |
| BRENT CRUDE | 78.87 | 79.21 78.37 | 0.85 1.09% |
| RICHARDS BAY COAL MONTHLY | 105.75 | 0.00 0.00 | -0.70 -0.66% |
| ROTTERDAM COAL MONTHLY | 118.75 | 121.50 118.75 | -0.90 -0.75% |
| USD RBD PALM OLEIN | 1,135.00 | 1,135.00 1,135.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 74.38 | 75.13 73.88 | 0.86 1.17% |
| SUGAR #11 WORLD | 15.12 | 15.39 15.08 | -0.02 -0.13% |
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