MG Morning Breeze: Updates to Skim before Market
MG News | August 03, 2026 at 07:20 AM GMT+05:00
August 03, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan is not poor for want of resources or talent, she is because of its own rules that make unproductive activity more profitable than productive activity. Read more
Petrochemical margins across Pakistan's chemical sector came under fresh pressure through July, with PVC-ethylene and PTA-PX spreads both narrowing week-on-week as feedstock costs climbed faster than product prices, weighed down by disruption to global energy and trade flows stemming from the Middle East conflict. Read more
The benchmark KSE-100 Index closed the week ended July 31, 2026, at 176,094.12 points, gaining 5,072.92 points, or 2.97%, on a week-on-week basis from 171,021.20 points recorded on July 24, 2026. Read more
Weekly roundup of Key Economic releases and market data and statistics Read more
The government has reduced the price of petrol by Rs0.12 per litre, bringing it down to Rs336.03, while High Speed Diesel (HSD) has been reduced by Rs0.66 per litre to Rs392.38, effective August 1 to 3, 2026. Read more
Central Asia is going through its most successful period in modern history, driven by stronger mutual trust and expanding regional cooperation, Kazakhstan President Kassym-Jomart Tokayev said. Read more
The Oil and Gas Regulatory Authority (OGRA) is set for a major institutional overhaul after Prime Minister Shehbaz Sharif on Friday ordered wide-ranging reforms aimed at tightening oversight of the petroleum sector, improving transparency and building the regulator's technical capacity. Read more
The Pakistan Stock Exchange (PSX) closed the week on a positive note, with the benchmark KSE-100 Index gaining over 500 points as buying interest in key sectors, particularly commercial banks, investment companies, cement, and textile stocks, supported the market. Read more
Pakistan and Turkiye have reaffirmed their commitment to expanding long-term cooperation in the railway sector, agreeing to promote joint investment, technology transfer and modernisation projects, besides restoring the Islamabad-Tehran-Istanbul (ITI) freight train service at the earliest. Read more
The Competition Commission of Pakistan (CCP) has cleared the proposed acquisition of BP plc's global Castrol lubricants business by Motion JVCo Limited, a special purpose vehicle set up by US-based investment firm Stonepeak Partners, following a Phase-I review. Read more
The Pakistani rupee remained broadly stable against the US dollar in the interbank market on Friday, edging up 0.82 paisa to close at PKR 277.80 per dollar compared with Thursday’s settlement of PKR 277.81. Read more
Prime Minister Shehbaz Sharif reaffirmed Pakistan's resolve to further deepen its brotherly relations with Azerbaijan, pointing to the frequent high-level exchanges between the two sides over the past two and a half years as evidence of the strength of the partnership. Read more
Askari Bank Limited (PSX: AKBL) recorded a robust 25% increase in its net profit for the six months ended June 30, 2026, with profit after taxation climbing to Rs13.35bn from Rs10.70bn in the corresponding period last year. Read more
The Board of Directors of the Institute of Financial Markets of Pakistan (IFMP) has approved the relocation of the Institute's head office to Islamabad as part of a major strategic transformation aimed at making IFMP the country's premier institution for financial market education, continues professional training, and capacity building. 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 Rs12.38trillion into the market, of which Rs11.91tr were injected through reverse repo OMO. Read more
As Pakistan looks towards consolidating its recent macroeconomic stability into a sustained, long-term growth, an informed dialogue between policymakers, economists, and financial sector remains critical for shaping reforms needed to get there. Read more
International Packaging Films Limited (the “Company”), one of Pakistan’s leading manufacturers of flexible packaging films, has announced its planned expansion into Europe through the establishment of a wholly owned subsidiary in Portugal. Read more
Arif Habib Limited (PSX:AHL) has categorically denied claims circulating in a fake and misleading news article on various online and social media platforms. Read more
Escorts Investment Bank Limited's (PSX:ESBL) acquisition offer timeline has been pushed back by ninety days. Read more
Gold price in Pakistan increased on Friday, with 24-karat gold being sold at Rs430,436 per tola, up Rs3,000. Read more
Pakistan's short-term inflation, measured by the Sensitive Price Indicator (SPI), decreased by 0.91% for the week ended July 30, 2026, according to data released by the Pakistan Bureau of Statistics (PBS). Read more
Inflation is projected to remain within the range of 9.0–10.0% for July 2026, signalling a still-elevated but easing price outlook even as Pakistan navigates renewed U.S-Iran tensions and rising global oil prices. Read more
Sukuk maintained broadly stable credit fundamentals during the first half of 2026 despite geopolitical tensions and macroeconomic volatility, according to Fitch Ratings. Read more
Pakistan Telecommunication Company Limited (PTCL) board approved the submission of a binding offer to acquire a majority stake in the issued and paid-up ordinary share capital of a target company, according to a disclosure to the Pakistan Stock Exchange (PSX). Read more
Loans and advances of up to Rs2 billion each have been approved for Kohinoor Textile Mills Limited (KTML) and Maple Leaf Capital Limited (MLCL) by the Board of Directors of Maple Leaf Cement Factory Limited (PSX: MLCF), to meet the working capital requirements of the two companies, the company's filing on PSX revealed today. Read more
WorldCall Telecom Limited (PSX:WTL) has set revised Book Closure dates from August 08, 2026, to August 09, 2026 (both days inclusive), to implement a Court-sanctioned capital restructuring. Read more
Maple Leaf Cement Factory Limited (PSX: MLCF) recorded a 9% increase in its net profit for the year ended June 30, 2026, with profit for the year climbing to Rs12.56bn from Rs11.50bn in the corresponding period last year. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Friday issued the following exchange rates. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 176,094.12 210.43M | 0.31% 546.13 |
| ALLSHR | 106,530.89 879.03M | 0.30% 313.70 |
| KSE30 | 52,480.22 54.21M | 0.01% 4.71 |
| KMI30 | 247,198.06 71.10M | 0.26% 628.83 |
| KMIALLSHR | 68,178.54 320.54M | 0.35% 237.08 |
| BKTi | 50,319.17 20.32M | -0.21% -103.75 |
| OGTi | 34,316.47 3.14M | 0.13% 43.33 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 63,285.00 | 63,970.00 62,430.00 | 155.00 0.25% |
| BRENT CRUDE | 83.35 | 84.55 81.55 | -4.58 -5.21% |
| RICHARDS BAY COAL MONTHLY | 107.75 | 0.00 0.00 | -0.50 -0.46% |
| ROTTERDAM COAL MONTHLY | 121.60 | 0.00 0.00 | -0.40 -0.33% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 79.64 | 81.30 78.78 | -5.03 -5.94% |
| SUGAR #11 WORLD | 14.65 | 0.00 0.00 | -0.01 -0.07% |
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