MG Morning Breeze: Updates to Skim before Market
MG News | August 06, 2026 at 07:25 AM GMT+05:00
August 06, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The Ministry of Energy (Petroleum Division) has revised petroleum prices effective August 6, 2026, with petrol increased by Rs4.45 per litre to Rs333.01, while High Speed Diesel (HSD) was reduced by Rs2.00 per litre to Rs383.86. Read more
The State Bank of Pakistan (SBP) raised Rs939.11bn in face value terms through the auction of Market Treasury Bills (MTBs), inclusive of competitive and non-competitive bids, against total face value bids of Rs2.29tr received across four tenors. Read more
The government has stepped up efforts to accelerate the implementation of CPEC 2.0, directing all relevant ministries to fast-track work on its five strategic corridors covering growth, livelihood, innovation, green development and regional connectivity. Read more
Pakistan's trade deficit narrowed by 15.22% month-on-month (MoM) to $3.95 billion in July 2026, compared to $4.66bn in June 2026, as exports recorded a sharp recovery during the month. Read more
Pakistan and the Japan International Cooperation Agency (JICA) agreed on Wednesday to expand their development cooperation, prioritizing infrastructure, workforce development, and sustainable economic growth during a meeting between Federal Minister for Economic Affairs Ahad Cheema and JICA President Dr. Tanaka Akihiko. Read more
Supernet Technologies Limited (PSX: STL) will close its share transfer books for one day on August 17, 2026 to determine the entitlement of right shares. Read more
The Pakistani rupee extended its gains against the US dollar on Wednesday, appreciating marginally in the interbank market to close at PKR 277.75 per USD, supported by stable market activity. Read more
The Pakistan Stock Exchange (PSX) staged a strong rebound on Wednesday, with the benchmark KSE-100 Index gaining nearly 2,932 points as broad-based buying returned across heavyweight sectors, led by commercial banks, fertilizer, cement, investment companies, and oil & gas exploration stocks. Read more
Oil prices were little changed on Wednesday after tumbling over the previous two sessions, as markets assessed diplomatic efforts to end the conflict between the United States and Iran and reopen the strategically important Strait of Hormuz. Read more
Gold prices climbed for a third consecutive session on Wednesday, supported by a weaker U.S. dollar and lower oil prices, as investors awaited key U.S. labour market data for fresh signals on the Federal Reserve's interest-rate path. Read more
Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs437,936 per tola, up Rs10,000. Read more
HugoBank, one of Pakistan's premier upcoming digital banks, today announced that it has received approval from the State Bank of Pakistan (SBP) to initiate pilot operations. Read more
SE Fruits and Vegetable Limited is set to become Pakistan's first listed fresh fruit and vegetable exporter, marking a significant milestone for the country's agricultural sector and capital markets. Read more
Pakistan's first digital retail bank moved a step closer to commercial operations after the Securities and Exchange Commission of Pakistan (SECP) approved a Rs1.5bn increase in the paid-up capital of HugoBank. Read more
The State Bank of Pakistan (SBP) conducted a reverse repo Open Market Operation (OMO) today, injecting Rs656 billion into the market through the conventional reverse repo facility. Read more
The government is finalizing a fresh policy framework aimed at promoting indigenous manufacturing of battery energy storage systems (BESS) in Pakistan, offering incentives to local producers and reducing reliance on imported solutions as the country accelerates its clean energy transition. Read more
The Pakistan Automotive Manufacturers Association (PAMA) has sought the prime minister's immediate intervention to protect the domestic automotive manufacturing industry from what it termed a serious risk of deindustrialization, arising from the proposed reduction in Completely Built Unit (CBU) import tariffs under the National Tariff Policy 2026–31 (NTP 2026–31). Read more
Urea market is expected to remain positive, though high phosphoric acid costs are likely to push DAP prices higher, according to management of Fauji Fertilizer Company Limited (PSX: FFC) at a corporate briefing session. The company also said it is not planning or considering any stock split at this time. Read more
The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM)has urged the government to expedite finalization of the new Auto Policy without further delay, cautioning that continued policy ambiguity is eroding investor confidence and pushing capital toward more predictable markets, while calling for a vendor-focused, localization-driven framework in place of the assembly-centric approach of the previous two policies. Read more
The government of Pakistan has acquired an additional debt of Rs77.96 billion during the week ended July 24, 2026, which brings its total net retirement for ongoing fiscal year 2027 to Rs528.5bn, according to the central bank's weekly estimates. Read more
Deputy Prime Minister and Foreign Minister Ishaq Dar departed for Amman, Jordan, on Wednesday to participate in a ministerial meeting on Jerusalem, scheduled to be held on Thursday. Read more
Broad money (M2), the most widely used measure of money supply in Pakistan, dropped by Rs228.17 billion WoW to Rs43.57 trillion as of July 24, 2026, data released by State Bank of Pakistan (SBP) showed. Read more
Fitch Ratings has projected that global Islamic syndicated financing will grow moderately in the second half of 2026 (2H26), remaining a key funding source concentrated in Saudi Arabia, the UAE, Egypt and Turkiye, as entities increasingly turn to channels such as Islamic syndications amid challenges facing GCC sukuk and bond issuance from Iran war-related volatility, rising yields and execution complexities. Read more
Pakistan and Iran have agreed to expand trade and economic cooperation through the ports of Karachi and Gwadar, with the two sides expressing confidence that negotiations on the Iran-Pakistan free trade agreement are progressing well and will be concluded successfully in the near future. Read more
The Collectorate of Customs Enforcement Islamabad has seized 24 high-value smuggled vehicles along with large quantities of foreign-origin cigarettes, cosmetics, tyres, cloth and other miscellaneous goods during a series of intelligence-led anti-smuggling operations conducted through July 2026, with the total value of seizures exceeding Rs915.5mn. Read more
Pakistan and the United States have made significant progress in negotiations on a proposed reciprocal trade framework, with both sides reaffirming their commitment to conclude the agreement as soon as possible. Read more
Balanced development in Balochistan hinges on need-based planning rather than political considerations, Federal Minister Jam Kamal Khan has said, calling for a fair and equitable distribution of development funds across all districts of the province. Read more
Federal Minister for Board of Investment (BOI) Qaiser Ahmed Sheikh has held that export-led industrial growth holds the key to Pakistan's economic future, terming Sundar Green Special Economic Zone (SEZ) a role model for other SEZs in the country and reiterating that the government remains fully committed to promoting investment and industrialization through enabling policies and facilitation mechanisms. Read more
The government has reviewed the roadmap prepared for transforming Pakistan's gas sector, aimed at moving the country towards a more competitive, open and efficient gas market, drawing on international best practices and developed by the Petroleum Division with technical support from the World Bank. Read more
The book-building phase of Tasdeeq's initial public offering (IPO) was fully subscribed in a record two seconds, driven by strong demand from institutional investors, foreign funds, and high-net-worth individuals (HNIs), according to Topline Securities. Read more
The Government of Pakistan raised a combined Rs134.6bn in face value through its latest Government of Pakistan Hybrid Sukuk (GHS) auction conducted via the PSX Auction System, surpassing its combined pre-auction target of Rs150bn. Read more
The Federal Board of Revenue (FBR) has agreed to establish joint committees with leading business bodies to address taxpayer grievances, streamline tax processes, and strengthen engagement with the private sector, following directives from Prime Minister Shehbaz Sharif. Read more
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|---|---|---|
| KSE100 | 180,014.93 294.91M | 1.66% 2931.71 |
| ALLSHR | 108,372.13 738.00M | 1.30% 1386.88 |
| KSE30 | 53,821.81 143.92M | 1.87% 985.50 |
| KMI30 | 253,547.39 118.57M | 1.66% 4144.78 |
| KMIALLSHR | 69,491.95 365.01M | 1.26% 862.49 |
| BKTi | 51,843.62 70.63M | 2.49% 1258.04 |
| OGTi | 34,802.66 8.81M | 1.04% 358.83 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 64,765.00 | 65,030.00 64,640.00 | -315.00 -0.48% |
| BRENT CRUDE | 79.92 | 80.35 79.04 | 0.47 0.59% |
| RICHARDS BAY COAL MONTHLY | 107.75 | 0.00 0.00 | 1.75 1.65% |
| ROTTERDAM COAL MONTHLY | 116.50 | 116.50 116.50 | -1.40 -1.19% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 75.58 | 76.04 74.64 | 0.36 0.48% |
| SUGAR #11 WORLD | 15.17 | 15.28 15.06 | 0.13 0.86% |
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