MG Morning Breeze: Updates to Skim before Market

July 13, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Weekly Market Roundup

The benchmark KSE-100 Index closed the week ended July 10, 2026 at 182,241.78 points, losing 3,130.43 points, or 1.69%, on a week-on-week basis from 185,372.21 points recorded on July 03, 2026. Read more

• SECP unveils digital KYC for investors

The Securities and Exchange Commission of Pakistan (SECP) has introduced a digital Know Your Customer (KYC) framework by amending the Anti-Money Laundering Regulations, 2020, making access to capital market and insurance services easier. Read more

• Govt showcases record Sukuk issuance, debt market growth

Pakistan Stock Exchange (PSX), in collaboration with the Ministry of Finance (MoF), held an investor briefing at the Dr. Shamshad Akhtar Auditorium, bringing together officials, financial institutions, asset managers, brokers and other market participants to discuss Pakistan's debt management strategy, Sukuk issuance, secondary market development and fiscal reforms. Read more

• Key Pakistan Market Stats and Economic Indicators

Weekly roundup of Key Economic releases and market data and statistics Read more

• Govt raises HSD, petrol prices by over Rs13/litre

The government has raised the ex-depot prices of High Speed Diesel (HSD) and Motor Spirit (MS) by Rs13.80 and Rs13.18 per litre, respectively, starting July 11, 2026, according to a press release issued by the Ministry of Energy's Petroleum Division. Read more

• HTL unveils major corporate shake-up

Hi-Tech Lubricants Limited (HTL) is set to carve out its polymer business into a new subsidiary while simultaneously arranging a Rs1bn short-term Sukuk facility to shore up working capital, per a Board resolution passed on July 10, 2026. Read more

• PSX Closing Bell: Staying Alive

The Pakistan Stock Exchange (PSX) ended Friday's session in positive territory, with the benchmark KSE-100 Index extending its gains as improving investor sentiment and strength in banking stocks outweighed lingering geopolitical concerns. Read more

• SNGP clarifies IFRS exemption proposal still under review

Sui Northern Gas Pipelines Limited (PSX:SNGP) has clarified that no final decision has yet been taken on a proposal seeking exemption for specified energy sector State-Owned Enterprises from the applicability of International Financial Reporting Standards (IFRS-14 and IFRS-9), and that the matter remains under consideration by the Federal Government. Read more

• Pakistan's IT sector exports $4.5bn in FY26 amid Asia-Pacific push

Pakistan's IT exports rose to approximately $4.5bn in FY2025-26, up from $3.475bn in the corresponding period last year, as the country's digital export economy entered a more mature and strategically diversified phase. Read more

• PKR closes stronger at Rs278.05 against USD

The Pakistani Rupee extended its appreciating trend against the US Dollar in Friday's interbank session, gaining 0.93 paisa to settle at Rs278.05 per dollar, compared to the previous close of Rs278.06. Read more

• OMO Result: SBP injects over Rs2.77tr

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 Rs2.77 trillion into the market of which Rs2.26tr were injected through reverse repo OMO. Read more

• Select Technologies to list on PSX from July 13

Select Technologies Limited will be listed on the Pakistan Stock Exchange with effect from Monday, July 13, 2026, with trading in its shares commencing on the Main Board on a T+1 settlement basis. Read more

• Gold price in Pakistan falls Rs1,400 per tola

Gold price in Pakistan decreased on Friday, with 24-karat gold being sold at Rs432,436 per tola, down Rs1,400. Read more

• ITANZ Technologies approves bonus issue, capital hike

ITANZ Technologies Limited's (PSX:ITANZ) board has approved a 10% interim bonus share issue for shareholders for the year ending June 30, 2026, along with a proposed increase in the company's authorized share capital. Read more

• Oil prices steady amid Hormuz shipping slowdown

Oil prices were largely unchanged on Friday as investors closely monitored developments in the Middle East, weighing geopolitical risks against ongoing diplomatic efforts surrounding the U.S.-Iran conflict. Read more

• Petrol set for minor relief, HSD faces Rs12 hike

Local petroleum prices are projected to see a minor drop of Rs0.72 per litre for petrol and a substantial increase of Rs12.44 per litre for High-Speed Diesel (HSD) in the upcoming fortnightly review, driven by shifting global product costs. Read more

• Maqbool Textile Mills to lease out Rajana Road unit

Maqbool Textile Mills Limited's (PSX:MQTM) board has approved the proposal to lease out Unit No.3 of the company, situated at Rajana Road, Pir Mahal, District Toba Tek Singh. Read more

• SHC halts action against Security Leasing till Sept 29

The Sindh High Court has directed that no further coercive action be taken against Security Leasing Corporation Limited (PSX: SLCL) till September 29, after the company moved an appeal challenging an order that upheld cancellation of its Non-Banking Finance Company (NBFC) license. Read more

• Pakistan, Croatia vow closer trade, investment cooperation

Pakistan and Croatia have agreed to substantially expand bilateral trade and investment, with both sides pledging to work together to realise the full potential of relations spanning IT, renewable energy, agriculture, livestock, food processing, tourism, hospitality, urban development, and water and waste management. Read more

• Weekly SPI decreased by 0.45%

Pakistan's short-term inflation, measured by the Sensitive Price Indicator (SPI), decreased by 0.45% for the week ended July 09, 2026, according to data released by the Pakistan Bureau of Statistics (PBS). Read more

• Engro Fertilizers resumes Base Plant operations

Engro Fertilizers Limited (PSX:EFERT) has resumed operations at its Base Plant following the completion of scheduled maintenance activities. Read more

• World Bank approves $376m to modernize Pakistan's power grid

Pakistan has secured $375.9m in financing from the World Bank for the Grid Stability Enhancement Project, aimed at strengthening the country's national electricity transmission network under the Boosting Energy Security through Transmission in Pakistan (BEST-PAK) Multiphase Programmatic Approach (MPA). Read more

• Pakistan eyes $1tr economy with overseas community backing URAAN initiative

Pakistan's push to build a technology-driven economy received renewed support from the overseas Pakistani community in the United States, with expatriates pledging to promote investment, innovation, and knowledge exchange under the government's URAAN Pakistan initiative. Read more

• Pakistan back to spot LNG market after renewed Hormuz escalation

Pakistan LNG has issued a tender to procure an emergency LNG cargo for delivery on July 15-16, after renewed hostilities in the Strait of Hormuz forced the cancellation of a scheduled shipment from Qatar. Read more

• Pakistan, U.S. back at the table on Reciprocal Trade Agreement

Pakistan and the United States are holding a fresh round of negotiations on the Agreement on Reciprocal Trade (ART) in Washington, as the two sides work to convert last year's tariff understanding into a formal, long-term trade framework. Read more

• Euromoney awards BankIslami for excellence in Islamic Digital Banking

Euromoney, a leading global benchmark for excellence in financial services, has recognized BankIslami as Pakistan’s Best Islamic Digital Bank. Read more

• Gold climbs to $4,117 as dollar slips

Gold prices ticked higher on Friday as the dollar weakened, though the metal remained on course for a weekly loss amid worries that intensifying US-Iran hostilities could stoke inflation and push the Federal Reserve toward a tighter policy stance. Read more

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