MG Morning Breeze: Updates to Skim before Market
MG News | August 05, 2026 at 07:45 AM GMT+05:00
August 05, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The government has reduced the price of petrol by Rs3.39 per litre, bringing it down to Rs328.56, while High Speed Diesel (HSD) has been reduced by Rs4.07 per litre to Rs385.86, effective August 5, 2026. Read more
The State Bank of Pakistan (SBP) conducted a government securities auction, with a settlement date of August 05, 2026, for the sale of Fixed Rate Pakistan Investment Bonds (PIBs). Read more
The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved the release of Rs3.25 billion per quarter as a Technical Supplementary Grant for Pakistan Television Corporation (PTVC) to cover its operational and essential running expenses for FY2026-27. Read more
A short-term de-escalation deal effort between the United States and Iran is in focus, with draft language now moving between the two sides through regional mediators, Qatar's Foreign Ministry confirmed on Tuesday, in the clearest sign yet that a diplomatic breakthrough could be close despite weeks of conflicting signals from Washington and Tehran. Read more
Tasdeeq Information Services Limited, Pakistan's first SBP-licensed credit bureau, is about to become the first company of its kind to list on the Pakistan Stock Exchange. For an ordinary investor, that novelty is exactly the problem: there is no other listed credit bureau in Pakistan to compare it against, no long trading history to study, and only one profitable year on the company's books. Read more
The Ministry of Information Technology and Telecommunication, in collaboration with Ignite National Technology Fund and Alibaba Cloud, aimed to strengthen the capacity of senior public officials to understand, govern, and adopt artificial intelligence across government institutions. Read more
The Punjab Revenue Authority (PRA) carried out surprise inspections of hotels, restaurants, and commercial establishments in Rawalpindi to audit compliance with the Electronic Invoice Monitoring System (e-IMS) and curb revenue leakages. Read more
REVOO has expanded its electric two-wheeler portfolio with the launch of the C35 Young electric scooter in Pakistan, offering an urban mobility option priced at Rs235,000. Read more
The State Bank of Pakistan (SBP) has increased the aggregate exposure limit for unrated large private sector borrowers from all banks and development finance institutions (DFIs) to Rs10 billion from the existing Rs3bn, effective September 30, 2026. Read more
The High Commission of Pakistan in London has introduced a direct digital property transfer service for Punjab, allowing overseas Pakistanis to transfer land ownership without travelling to Pakistan or using a power of attorney, agents, or other intermediaries. Read more
Masood Textile Mills Limited (PSX: MSOT) has disclosed a proposed change in shareholding, with two Chinese shareholders agreeing to divest stakes to a UAE-based buyer. Read more
The Pakistan Stock Exchange (PSX) closed Tuesday's trading session in negative territory, with the benchmark KSE-100 Index losing over 1,100 points as selling pressure emerged across heavyweight commercial banks, oil & gas exploration, cement, investment companies, and fertilizer stocks. Read more
The Pakistani rupee posted a marginal gain against the US dollar in the interbank market on Tuesday, closing at 277.76 per dollar after appreciating by 0.83 paisa from the previous session's closing level of 277.77. Read more
BRR Guardian Limited (PSX:BRRG) has disclosed that 23,752,122 ordinary shares have been issued and credited into the CDS account of BRR Financial Services (Private) Limited (BRRFS), pursuant to the Scheme of Arrangement and Reconstruction sanctioned by the Sindh High Court on May 6, 2026, following the transfer of designated assets from BRRFS to BRRG as verified by the statutory auditors. Read more
Master Auto Engineering (MAE), the official partner of Chery vehicles in Pakistan, celebrates another major global milestone for the Chery brand as Chery Group surpassed 20 million cumulative vehicle sales worldwide, while becoming the first Chinese automaker to export more than 200,000 vehicles in a single month. Read more
Cotton arrivals in factories across Pakistan reached 527,900 bales as of July 15, 2026, up 77.30% compared to 297,751 bales in the same period last year, according to data released by the Pakistan Cotton Ginners' Association (PCGA). Read more
Gold price in Pakistan decreased on Tuesday, with 24-karat gold being sold at Rs427,936 per tola, down Rs500. Read more
Clover Pakistan Limited (PSX:CLOV) has disclosed that Irbanah Ventures International LLC-FZ acquired 2m of its shares through a regular market purchase on August 3, 2026, at a price of Rs8.56 per share, taking the total transaction value to Rs17.12m. Read more
Pakistan Tobacco Company Limited (PSX: PAKT) reported a strong 30% increase in its consolidated net profit for the half-year ended June 30, 2026 (1HCY26), recording Rs18.53bn compared to Rs14.26bn in the corresponding period last year. Read more
Habib Bank Limited (PSX: HBL) recorded a marginal 0.26% increase in its consolidated net profit for the six months ended June 30, 2026, with profit after taxation edging up to Rs34.54bn from Rs34.45bn in the corresponding period last year. Read more
The Securities and Exchange Commission of Pakistan (SECP) has constituted a high-level Working Group to undertake a comprehensive review of the corporate debt market and recommend practical reforms aimed at improving market efficiency, reducing issuance timelines and costs, and broadening market participation. Read more
The government has moved to operationalise the Defined Contribution Pension Fund Scheme (DCPFS) for public sector employees, signing formal agreements with 16 pension fund managers a year after the scheme's launch, as part of broader reforms aimed at curbing the mounting pension burden on the national budget. Read more
Oil prices edged higher on Tuesday, recovering part of the sharp losses recorded in the previous session, as persistent concerns over supply disruptions in the Middle East outweighed optimism about a possible diplomatic breakthrough between the United States and Iran. Read more
One of the most important messages in the International Monetary Fund's (IMF) Governance and Corruption Diagnostic Assessment on Pakistan has received surprisingly little public attention. Read more
Gold prices moved higher, weighed by persistent uncertainty surrounding the Middle East conflict and mounting concerns over inflation, as traders positioned themselves ahead of a batch of US employment data expected to shape the Federal Reserve's next policy move. Read more
Pakistan's private sector is expanding at a healthy pace, with businesses increasingly turning to the banking sector for credit to finance their growth, a trend that reflects renewed confidence in the country's economic trajectory and points to stronger commercial activity ahead. Read more
Pakistan has formally approached China to fast-track the refinancing of a $1.3bn commercial loan, with the funds expected to be released later this month after both sides finalize the remaining terms and conditions, sources familiar with the matter said. Read more
Federal Minister for Information Technology and Telecommunication Shaza Fatima Khawaja on Monday reaffirmed the government's commitment to accelerating Pakistan's digital transformation, emphasizing the importance of equipping young people with advanced technological skills to compete in the global economy. Read more
J.K. Spinning Mills Limited (PSX:JKSM) has expanded its solar power generation capacity by 8.0MW as part of its commitment to increasing reliance on clean and renewable energy. Read more
Prime Minister Shehbaz Sharif has directed authorities to formulate a comprehensive strategy for the early establishment of a Private Equity Fund, describing private-sector investment as a key pillar of Pakistan's long-term economic growth. Read more
Prime Minister Shehbaz Sharif has directed the authorities concerned to complete all stages of the privatization programme within stipulated timelines. Read more
Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal has emphasized that Pakistan stands at the threshold of a new dawn defined by hope, national unity and renewed prospects for progress, rejecting the perception that the country's national system had failed and asserting instead that Pakistan had entered an era of national reforms rather than institutional collapse. Read more
Lucky Core Industries Limited (PSX: LCI) recorded a 17% decline in its consolidated net profit for the year ended June 30, 2026, with profit for the year falling to Rs9.75bn from Rs11.76bn in the corresponding period last year. Read more
Pakistan and Iran are set to take forward talks on advancing their bilateral Free Trade Agreement (FTA), along with measures to facilitate cross-border trade, strengthen customs and banking cooperation, improve transport and transit connectivity, and expand investment and commercial collaboration. Read more
The government is pressing ahead with plans to operationalize the National Agri-Trade and Food Safety Authority (NAFSA) within the next few months, positioning it as a technology-driven, single-window platform aimed at overhauling how agricultural imports and exports are regulated in Pakistan. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. Read more
Asian stock markets opened in positive territory on Tuesday, with South Korean equities leading regional gains as improving investor sentiment on Wall Street and easing oil prices supported risk appetite. Read more
The State Bank of Pakistan (SBP) has extended the capped Merchant Discount Rate (MDR) and Interchange Reimbursement Fee (IRF) on card-based fuel purchases till January 31, 2027, in a bid to accelerate the rollout of interoperable Raast QR-based payment acceptance at fuel stations across the country. Read more
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| KSE100 | 177,083.22 263.77M | -0.63% -1116.80 |
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| KSE30 | 52,836.31 88.14M | -0.71% -377.39 |
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| OGTi | 34,443.84 5.73M | -1.18% -411.99 |
| Symbol | Bid/Ask | High/Low |
|---|
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| BITCOIN FUTURES | 64,595.00 | 64,805.00 64,140.00 | 110.00 0.17% |
| BRENT CRUDE | 78.26 | 79.84 78.11 | -1.10 -1.39% |
| RICHARDS BAY COAL MONTHLY | 107.75 | 0.00 0.00 | 0.95 0.89% |
| ROTTERDAM COAL MONTHLY | 118.00 | 120.40 118.00 | 0.25 0.21% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 74.47 | 76.06 74.24 | -1.30 -1.72% |
| SUGAR #11 WORLD | 15.06 | 15.33 15.01 | 0.05 0.33% |
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