MG Morning Breeze: Updates to Skim before Market
MG News | July 27, 2026 at 07:08 AM GMT+05:00
July 27, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The benchmark KSE-100 Index closed the week ended July 24, 2026 at 171,021.20 points, losing 4,781.59 points, or 2.72%, on a week-on-week basis from 175,802.79 points recorded on July 17, 2026. Read more
Weekly roundup of Key Economic releases and market data and statistics Read more
Wafi Energy Pakistan Limited, through its flagship social investment initiative Tameer, partnered with NED University of Engineering & Technology to sponsor the regional round of the World Startup Championship – SEE Pakistan 2026. Read more
The government has raised the price of petrol by Rs3.66 per litre to Rs335.18 and High Speed Diesel (HSD) by Rs4.80 per litre to Rs383.46, effective July 25, 2026. Read more
The Shanghai Cooperation Organization (SCO) Council of Foreign Ministers (CFM) Meeting is underway in Kyrgyzstan, with the participation of the foreign ministers of the member states. Read more
The government has reaffirmed its commitment to fostering a business-friendly environment and improving the ease of doing business through the National Industrial Policy, which is focused on strengthening local industries, boosting productivity and encouraging investment-driven growth. Read more
The Pakistan Stock Exchange (PSX) closed Friday's session lower, although the benchmark KSE-100 Index staged a recovery from its intraday low as late-session buying in select stocks helped pare earlier losses. Read more
Sindh government has invited China's Shandong High-Speed Group Company Limited to explore investment opportunities in the province's infrastructure and public-private partnership (PPP) projects, with Chief Minister Syed Murad Ali Shah reaffirming the provincial government's commitment to facilitating foreign investors. Read more
Oil prices fell nearly 3% in early trading on Friday, although crude remained on course to post a weekly gain of about 10%, as escalating military tensions between the United States and Iran continued to fuel concerns over global energy supplies. Read more
The board of directors of Waves Corporation Limited (PSX: WAVES) in its meeting held on July 24, 2026 decided to make further investment in Waves Home Appliances Limited (WAVESAPP), including investment in its upcoming rights issue. Read more
Sky47 Limited, a majority-owned subsidiary of Mari Energies Limited through its wholly owned subsidiary Mari Technologies Limited, has launched Karakoram-01. Read more
Prime Minister Shehbaz Sharif has reaffirmed the federal government's commitment to equal development across all provinces, telling the Balochistan National Workshop in Islamabad that additional funds have been earmarked for the province's development. Read more
Pakistan PVC Limited (PSX: PPVC) has received a copy of an order dated May 4, 2026, passed by the Benami Transactions Adjudicating Authority, upholding proceedings initiated by the Initiating Officer in relation to shareholding of the company held by Ensena Holding FZC, which had been alleged to be benami property. Read more
The Securities and Exchange Commission of Pakistan (SECP) has approved the transfer of shareholding in Askari Life Assurance Company Limited (PSX: ALAC) from Army Welfare Trust to Fauji Foundation. Read more
Federal Minister for Petroleum Ali Pervaiz Malik has sought expanded foreign investment in Pakistan's energy and critical minerals sectors, holding separate meetings with representatives of leading international energy companies, including US-based Morgan Hughes Energy, Tejara Capital and Vitol Asia. Read more
The Pakistani rupee maintained its appreciation against the US dollar on Friday, gaining 3.07 paisa in the interbank market to close the session at PKR 277.87 per USD. Read more
Quantum Data Technologies Limited (PSX:QTECH) has settled its outstanding liability with The Bank of Punjab in full, with the bank issuing a No Liability Certificate confirming no amount remains payable. Read more
China is to extend its AI-powered MAZU meteorological early warning system to 30 countries over the next five years, part of a wider push to widen access to artificial intelligence tools for disaster preparedness. Read more
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired the eighth meeting of the Cabinet Committee formed by the Prime Minister to review recommendations submitted by the Drug Pricing Committee and the Policy Board of the Drug Regulatory Authority of Pakistan (DRAP). Read more
The Pakistan Industrial Development Corporation (PIDC), National University of Technology (NUTECH) Islamabad, and NED University of Engineering and Technology (NED UET) Karachi have signed a Memorandum of Understanding to set up Pakistan's first Center for Industrial Innovation and Artificial Intelligence (CIINAI). Read more
Regional trade disruptions and global supply chain challenges are taking a toll on Pakistan's hand-knotted carpet industry, exporters have told the Ministry of Commerce. 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 Rs2.49trillion into the market, of which Rs1.93tr were injected through reverse repo OMO. Read more
Pakistan's short-term inflation, measured by the Sensitive Price Indicator (SPI), increased by 0.91% for the week ended July 23, 2026, according to data released by the Pakistan Bureau of Statistics (PBS). Read more
Gold price in Pakistan decreased on Friday, with 24-karat gold being sold at Rs427,436 per tola, down Rs4,600. Read more
Pakistan General Insurance Company Limited (PSX:PKGI) has secured regulatory clearance from the Securities and Exchange Commission of Pakistan to operate as a Window Takaful Operator, paving the way for the insurer to roll out Shariah-compliant general takaful products across all classes of non-life insurance business. Read more
The United States has imposed tariffs on 60 economies under Section 301 of the Trade Act of 1974, citing their failure to impose and enforce bans on goods produced with forced labor. Read more
Pakistan and Australia have reaffirmed the importance of dialogue, diplomacy, and adherence to international law as the foundation for ensuring sustainable peace, regional stability, and global security. Read more
Prime Minister Shehbaz Sharif has directed authorities concerned to further improve the country's digital infrastructure, stressing that the promotion of the IT sector and enhancement of IT-related exports remain among the government's top priorities. Read more
The government moved to accelerate Pakistan's local vaccine production initiative and reforms to modernize the Pakistan Nursing and Midwifery Council (PNMC), directing that all regulatory, legal and technical requirements be completed on time to enable swift progress towards self-reliance in vaccine manufacturing. Read more
Pakistan Agricultural Research Council (PARC) and China's FAMSUN Group have signed a Letter of Intent (LoI) to establish a FAMSUN Technology Display Park at PARC, aimed at promoting cooperation in agricultural innovation, research, technology transfer and capacity building. Read more
Gold prices extended their previous session's slide on Friday, easing further after a 2% drop, as Brent crude's rebound above $100 a barrel fanned inflation worries and bolstered expectations of higher interest rates ahead of next week's Federal Reserve policy meeting. Read more
Pakistan and China explored fresh avenues for cooperation in maritime connectivity, railway electrification and transport infrastructure, with both sides agreeing to strengthen institutional coordination and pursue priority projects in railway electrification, port logistics and smart transport systems under the China-Pakistan Economic Corridor (CPEC). Read more
The treasury management division of the National Bank of Pakistan (NBP) on Friday issued the following exchange rates. Read more
Asian markets traded broadly lower on Friday as investors reacted to surging oil prices, escalating geopolitical tensions between Iran and the United States, and fresh tariff measures announced by U.S. President Donald Trump, prompting a cautious risk-off sentiment across the region. Read more
K-Electric's industrial feeders recorded consumption of 6.08bn units in FY26, the highest ever registered, as Pakistan's GDP growth climbed to 3.7% during the fiscal year, cementing the utility's role in sustaining Karachi's industrial base through uninterrupted power supply. Read more
Service Industries Limited (PSX: SRVI) plans to expand its tyre business through the incorporation of a new wholly owned subsidiary by its existing tyre arm, according to a notice submitted to the Pakistan Stock Exchange (PSX) on Friday. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 171,021.20 228.53M | -0.42% -718.25 |
| ALLSHR | 103,836.39 572.65M | -0.41% -422.85 |
| KSE30 | 50,951.99 89.47M | -0.52% -264.77 |
| KMI30 | 240,633.87 93.99M | -0.31% -756.80 |
| KMIALLSHR | 66,572.75 300.61M | -0.28% -185.59 |
| BKTi | 48,673.23 31.18M | -0.70% -343.86 |
| OGTi | 33,702.25 6.35M | -0.61% -205.57 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 65,245.00 | 65,570.00 63,875.00 | 1030.00 1.60% |
| BRENT CRUDE | 93.04 | 93.60 89.58 | -3.74 -3.86% |
| RICHARDS BAY COAL MONTHLY | 105.75 | 0.00 0.00 | -1.55 -1.44% |
| ROTTERDAM COAL MONTHLY | 121.10 | 0.00 0.00 | 0.85 0.71% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 85.51 | 86.20 83.10 | -3.80 -4.25% |
| SUGAR #11 WORLD | 14.76 | 0.00 0.00 | -0.01 -0.07% |
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