MG Morning Breeze: Updates to Skim before Market
MG News | August 04, 2026 at 07:37 AM GMT+05:00
August 04, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan's cement dispatches increased by 6.02% year-on-year (YoY) to 4.476 million tons in July 2026, supported by a strong recovery in domestic demand despite a sharp decline in exports. Read more
China's central bank is to continue implementing a moderately loose monetary policy in the second half (H2) of 2026, strengthening counter-cyclical adjustment and taking solid steps to promote sustained and improved economic development. Read more
The Pakistan Stock Exchange has completed the rebalancing exercise of the UBL Pakistan Enterprise Index (UPP9) as of July 31, 2026, in line with the relevant index rules available on the PSX website. Read more
ABHI Microfinance Bank Limited has applied for listing on the Main Board of Pakistan Stock Exchange (PSX), with its Initial Public Offering (IPO) comprising 132,000,000 ordinary shares at a par value of Rs10 each, to be offered through the Book Building Method at a floor price of Rs15 per share. Read more
The Pakistani rupee posted a marginal gain against the US dollar in the interbank market on Monday, strengthening by 3.04 paisa to close at Rs277.77 per dollar, compared with the previous session's closing level of Rs277.80. Read more
The Pakistan Credit Rating Agency (PACRA) has raised the asset manager rating of AWT Investments Limited from AM2+ to AM2++, with a stable outlook, citing sustained growth in assets under management (AUM), a strategic emphasis on the retail segment, a more granular investor base, and stronger fund performance. Read more
The Pakistan Stock Exchange (PSX) closed Monday's trading session on a strong note, with the benchmark KSE-100 Index gaining over 2,100 points as broad-based buying interest prevailed across key sectors, particularly commercial banks, cement, fertilizer, and oil & gas exploration companies. Read more
JazzWorld reported revenue of more than Rs269bn in the first half of 2026, up 23.0% year-on-year (YoY), driven by strong growth across its telecommunications and infrastructure business and expanding digital services portfolio. Read more
Oil & Gas Development Company Limited (OGDC) has signed an agreement with Canada's Synergetic Oil Tools Inc. to deploy advanced Passive Energy Tool technology, in a plan to boost production from Pakistan's heavy crude oil fields. Read more
China's gross ocean product expanded 5.1% year-on-year to 5.5 trillion yuan (around $810.1bn) during the first half of 2026, reflecting steady momentum in the country's marine economy, according to data released by the Ministry of Natural Resources. Read more
PACRA has maintained the entity ratings of Ghandhara Tyre & Rubber Company Limited (PSX: GTYR) at 'A+/A1', with a 'Stable' outlook and the ratings kept on Rating Watch, unchanged from the previous review. Read more
The HBL Pakistan Manufacturing PMI rose to 51.7 in July 2026 from 50.8 in June, marking the strongest improvement in manufacturing conditions in four months. Read more
Fauji Fertilizer Company Limited (PSX:FFC) saw its entity ratings upgraded by the Pakistan Credit Rating Agency (PACRA), with the long-term rating raised to AAA from AA+, while the short-term rating was maintained at A1+ with a stable outlook. Read more
Pakistan Customs reaffirmed its resolve to strengthen regional customs cooperation and promote secure, technology-driven trade facilitation. Read more
Service Global Footwear Limited (PSX: SGF) looks set to move further into positive territory as it accelerates growth in its core footwear business through a new synthetic footwear joint venture, while offering investors a discounted route to Service Long March Tyres Limited's (SLM) growth story. Read more
Gold price in Pakistan increased on Monday, with 24-karat gold being sold at Rs428,436 per tola, up Rs1,700. Read more
The National Consumer Price Index for July 2026 increased by 9.2% on year-on-year basis in July 2026 as compared to an increase of 11.1% in the previous month and 4.1% in July 2025. Read more
The Pakistan Stock Exchange (PSX) has completed the re-composition exercise of its Oil & Gas and Banking Sector Tradable Indices for the review period from January 1, 2026 to June 30, 2026, with no change made to the constituents of either index. Read more
The Pakistan Stock Exchange Limited has carried out the re-composition of the JS Global Banking Sector Index (JSGBKTI) as of June 30, 2026, in accordance with the relevant index rules. Read more
The Pakistan Stock Exchange (PSX) has carried out the periodic re-composition of the KSE-30 Index, adding four companies and removing four others, according to a notice issued by the exchange. Read more
PSO's RLNG imports remained stagnant in July 2026, with the delivered cost climbing to a record high as the company continued to rely entirely on spot cargoes instead of long-term contracted supply from Qatar. Read more
Oil marketing companies (OMCs) posted a strong recovery in sales during July 2026, with industry-wide volumes of petroleum products climbing 23% year-on-year to 1.51mn tons. Read more
Zuma Resources Limited (PSX: ZUMA) shareholders have approved sub-dividing the company's ordinary shares from a face value of Rs10 each to Rs2 each, splitting each existing share into five ordinary shares, at an Extraordinary General Meeting held on August 1, 2026, at the company's registered office. Read more
Shareholders of ITANZ Technologies Limited (PSX: ITANZ) have approved an increase in the company's authorized capital from Rs1.2bn, divided into 120 million ordinary shares of Rs10 each, to Rs5bn, divided into 500 million ordinary shares of Rs10 each. Read more
Colgate-Palmolive (Pakistan) Limited (PSX: COLG) reported a steady 1% increase in its consolidated net profit for the fiscal year ended June 30, 2026, recording Rs18.63bn compared to Rs18.40bn in the preceding year. Read more
The KSE-100 Index closed out July 2026 on a weak note, as geopolitical tensions kept investors on the back foot for most of the month. Read more
Ghandhara Tyre & Rubber Company Limited (PSX: GTYR) has secured approval and certification from the Gulf Standardization Organization (GSO), allowing the company to export its tyre products to GSO member countries. Read more
The State Bank of Pakistan (SBP) has slightly increased the rate of remuneration on the Special Cash Reserve Account (US$) to 2.66% for August 2026 from 2.65% in July 2026 and 2.62% in June 2026. Read more
Kohinoor Textile Mills Limited (PSX: KTML) recorded an 18% increase in its consolidated net profit for the year ended June 30, 2026, with profit after taxation climbing to Rs26.88bn from Rs22.77bn in the corresponding period last year. Read more
Pakistan’s private sector credit expanded by Rs1.46tr, or 14.8%, during FY26 to reach Rs11.38tr, marking the strongest annual increase in four years and the highest growth rate since FY22. Read more
Oil prices retreated in Asian trading on Monday after U.S. President Donald Trump declared that a planned military strike against Iran had been shelved, easing concerns over a potential escalation in the Middle East. Read more
LSE Capital (PSX:LSECL) has submitted the IPO application and draft prospectus for the PSX listing of LSE SPAC-III, following the successful listings of SPAC-I and SPAC-II. Read more
The Pakistan Stock Exchange (PSX) opened the week on a strong note, with the benchmark KSE-100 Index advancing over 2,700 points in early trading as broad-based buying emerged across key sectors, led by commercial banks, cement, oil & gas exploration, and fertilizer stocks. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Monday issued the following exchange rates. Read more
Arctic Textile Mills Limited (PSX: ARCTM) will acquire a spinning unit on lease at a market-competitive rate, effective August 1, 2026, as part of its business expansion plans. Read more
Mari Energies limited (PSX:MARI), operator of the Waziristan Block, has concluded the sale process for gas from the Spinwam Gas Discovery, issuing a Letter of Award to Universal Gas Distribution Company (Pvt) Ltd for the purchase of up to 17.5 MMscfd of gas from the Discovery. Read more
Asian markets started the week on a mixed footing on Monday as oil prices retreated after U.S. President Donald Trump said he had called off a planned military strike on Iran, easing immediate concerns over supply disruptions in the Middle East. Read more
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| KSE100 | 178,200.02 255.20M | 1.20% 2105.91 |
| ALLSHR | 107,584.98 781.26M | 0.99% 1054.09 |
| KSE30 | 53,213.70 96.14M | 1.40% 733.48 |
| KMI30 | 251,278.11 116.52M | 1.65% 4080.05 |
| KMIALLSHR | 68,998.60 372.91M | 1.20% 820.07 |
| BKTi | 50,801.28 26.71M | 0.96% 482.11 |
| OGTi | 34,855.82 7.44M | 1.57% 539.36 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 63,915.00 | 64,225.00 63,550.00 | -170.00 -0.27% |
| BRENT CRUDE | 84.83 | 85.00 83.80 | 1.06 1.27% |
| RICHARDS BAY COAL MONTHLY | 107.75 | 0.00 0.00 | -0.50 -0.46% |
| ROTTERDAM COAL MONTHLY | 118.50 | 121.00 118.50 | -3.50 -2.87% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 81.10 | 81.28 79.62 | 0.76 0.95% |
| SUGAR #11 WORLD | 15.01 | 15.06 14.61 | 0.35 2.39% |
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