MG Morning Breeze: Updates to Skim before Market
MG News | August 11, 2026 at 08:37 AM GMT+05:00
August 11, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The federal government has called for faster implementation of approved measures under its ongoing rightsizing programme, with a focus on reducing costs, improving efficiency and strengthening public service delivery. Read more
The Federal Government has appointed central bank veteran Mr. Muhammad Ali Malik as the Deputy Governor of the State Bank of Pakistan (SBP) for a five-year term, effective immediately. Read more
Sindh Government's Solar Home System (SHS) initiative, "Roshan Ghar – Roshan Sindh," has provided solar kits to 2,615 eligible families across 13 districts of the province. Read more
China's central government will issue 6-billion-yuan (about $884 million) worth of sovereign bonds to professional investors in the Macao Special Administrative Region (SAR) on August 20. Read more
Pakistan-USA economic relations came under focus as both sides agreed to further strengthen bilateral cooperation, with discussions covering financial cooperation, trade, investment and emerging sectors including artificial intelligence and digital technology. Read more
Prime Minister Shehbaz Sharif on Monday directed the Federal Board of Revenue (FBR) to sustain effective enforcement action against smuggling, tax evasion, and illegal businesses nationwide, while accelerating the pace of ongoing reforms at the tax authority. Read more
Total inflows into Roshan Digital Accounts (RDA) during July, 2026 stood at USD 282 million, bringing the total cumulative inflows into RDA to USD 13,647 million. Read more
The Bank of Punjab's (PSX: BOP) capital injection of up to Rs30 billion has been described as a vote of confidence by the Government of Punjab in the Bank's strategy and its people, equipping it to scale priority-sector franchises built across SME, agriculture, affordable housing and digital lending, and to carry BOP's story forward at home and beyond Pakistan's borders, President & CEO Zafar Masud said. Read more
Foreign companies affiliated with the Overseas Investors Chamber of Commerce and Industry (OICCI) have invested more than $23bn in Pakistan over the past decade, exceeding the country’s cumulative net foreign direct investment (FDI) inflows of $21bn during the same period. Read more
The Pakistani rupee strengthened marginally against the US dollar in the interbank market on Monday, gaining 0.93 paisa to close at PKR 277.70 per dollar compared with the previous session’s close of PKR 277.71. Read more
The Pakistan Stock Exchange (PSX) closed Monday's session marginally lower, with the benchmark KSE-100 Index shedding nearly 120 points as heavy selling in power, fertilizer, technology, and cement stocks offset strong gains in oil & gas exploration and refinery sectors. Read more
Punjab has sufficient wheat and flour stocks to meet its domestic food requirements, with no shortage reported in markets across the province, District Food Controller (DFC) Attock Shams Abbas said. Read more
WorldCall Telecom Limited (PSX:WTL) has completed the operational procedures relating to the court-sanctioned Capital Reduction and consequential Stock Split. Read more
Pakistan has set the Hajj 2027 cost at Rs1.2m for the regular 40-42-day package and Rs1.3m for the 20-22-day short package as the government accelerates efforts to digitise the entire pilgrimage process. Read more
Pakistan and Sri Lanka have identified a series of new initiatives to deepen cooperation in tourism, culture, education and institutional exchanges, as both countries look to build on their longstanding bilateral friendship. Read more
Switzerland-based global energy trading company Gunvor Group has expressed interest in supporting Pakistan’s refinery modernization drive and expanding cooperation across the country’s petroleum sector. Read more
BankIslami Pakistan Limited's (PSX:BIPL) newly elected Board of Directors, at its first meeting held on August 10, 2026, appointed Mr. Shahid Hussain Jatoi as Chairman of the Board, effective the same day, for a term of three years, according to a notice sent to the Pakistan Stock Exchange (PSX). Read more
Gold price in Pakistan increased on Monday, with 24-karat gold being sold at Rs457,336 per tola, up Rs800. Read more
Pakistan received an LNG shipment from Qatar on Monday, marking the first such cargo in nearly two months as disruptions around the Strait of Hormuz continue to complicate regional energy supplies. Read more
The Pakistan Credit Rating Agency (PACRA) has upgraded the asset manager rating of Lucky Investments Limited to "AM1" from "AM2++", citing the company's strengthening presence in the Islamic asset management space and the institutional backing of the YBG Group. Read more
The Securities and Exchange Commission of Pakistan (SECP) has issued “A Practical Guide and Toolkit for Corporate Issuers” to standardize Sukuk structures and documentation, making corporate Sukuk issuance simpler, faster and more cost effective. Read more
Deputy Prime Minister and Foreign Minister Ishaq Dar said Pakistan remains committed to working with brotherly countries in the region to promote lasting peace, stability and prosperity. Read more
The Ministry of Finance has released ownership data for Pakistan's 100 Independent Power Producers (IPPs), showing a cumulative installed capacity of above 24,000MW spread across several fuel and technology categories, ranging from residual furnace oil (RFO) and gas/RLNG-based plants to hydel, coal, bagasse, solar, and wind. Read more
Pakistan has introduced new restrictions governing the movement of personnel working for foreign media organisations, extending controls for the first time to Pakistani journalists, fixers and other locally hired staff. Read more
The government reaffirmed its commitment to strengthening energy security, attracting investment, and ensuring transparency in the petroleum sector. Read more
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry called for greater recognition of the traditional ecological knowledge held by coastal communities, saying it could strengthen climate adaptation, marine conservation and sustainable fisheries. Read more
Pakistan and the United States moved to deepen commercial ties as Ambassador Rizwan Saeed Sheikh engaged key business leaders across Chicagoland to promote bilateral trade, commercial partnerships, and greater U.S. investment in Pakistan, with particular focus on the high-potential mineral and surgical instrument sectors. Read more
Oil prices rose on Monday as markets weighed conflicting signals from the United States and Iran over efforts to end the conflict and reopen the Strait of Hormuz. Read more
Gold prices eased on Monday as investors locked in gains following a seven-week high hit in the previous session, with attention now turning to upcoming U.S. inflation data for direction on the Federal Reserve's rate trajectory. Read more
Meezan Bank has crossed Rs3.05 billion in cumulative housing finance disbursements under the Government’s flagship affordable housing initiative, Wazir-e-Azam Apna Ghar Programme Ghar Ho Tu Apna (GHTA), reinforcing its focus on expanding affordable home financing, particularly for salaried individuals. Read more
On Wednesday, August 5, an ordinary trading session on the Pakistan Stock Exchange quietly turned extraordinary. Bank of Punjab's counter, which had spent weeks drifting in a tight, unremarkable band, suddenly came alive, buyers piling in at nearly double the stock's normal turnover. Read more
Pakistan received workers' remittances of $3.63bn in July 2026, up 4.5% from $3.47bn in June 2026, and up 13% on a yearly basis from $3.21bn in July 2025, according to the latest data released by the State Bank of Pakistan (SBP). Read more
The State Bank of Pakistan (SBP) has illuminated its headquarters in Karachi to mark the historic Makkah Joint Defence Agreement signed between Pakistan, Saudi Arabia and Türkiye. Read more
Karandaaz Pakistan has entered into a partnership with Kissan Gudam, a venture of the Hajisons Group, to provide funding and strategic support aimed at strengthening Pakistan's farming communities and modernising the agricultural ecosystem. Read more
Saudia Group Director General Engr. Ibrahim AlOmar met with a delegation from Pakistan International Airlines (PIA) to explore opportunities for cooperation and discuss developments across the aviation sector and strategic projects supporting Saudi Arabia’s position as a global aviation and logistics hub. Read more
Lucky Cement Limited (PSX: LUCK) reported a 14% increase in its consolidated net profit for the fiscal year ended June 30, 2026, reaching Rs96.46bn compared to Rs84.50bn in FY25 Read more
The Bank of Punjab's board has greenlit one of the largest capital injections in the bank's history, clearing the way for the Government of Punjab to pump up to Rs30 billion into the lender through a fresh issuance of ordinary shares. Read more
Lucky Cement Limited (PSX: LUCK) has disclosed plans to inject up to PKR 1.2 billion in additional equity into its associated entity, National Resources (Private) Limited (NRL), to support copper and gold exploration in Baluchistan. Read more
The Privatisation Commission (PC) has appointed a consortium led by KPMG as financial adviser for the proposed privatisation of House Building Finance Company Limited (HBFCL), marking the launch of a fresh effort to divest the state-owned housing finance institution. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Monday issued the following exchange rates. Read more
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| KSE100 | 181,310.28 434.73M | -0.07% -119.74 |
| ALLSHR | 109,402.32 910.03M | 0.21% 233.65 |
| KSE30 | 54,005.86 184.89M | -0.47% -257.39 |
| KMI30 | 255,725.19 167.56M | 0.03% 73.46 |
| KMIALLSHR | 70,216.28 547.59M | 0.32% 225.24 |
| BKTi | 52,240.23 69.77M | 0.07% 34.26 |
| OGTi | 35,793.26 17.01M | 1.22% 429.81 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 64,215.00 | 64,270.00 63,950.00 | 95.00 0.15% |
| BRENT CRUDE | 87.74 | 88.09 87.56 | 0.02 0.02% |
| RICHARDS BAY COAL MONTHLY | 105.50 | 0.00 0.00 | -0.90 -0.85% |
| ROTTERDAM COAL MONTHLY | 120.00 | 120.00 119.50 | 3.25 2.78% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 82.17 | 82.52 81.98 | 0.04 0.05% |
| SUGAR #11 WORLD | 16.46 | 16.63 16.29 | 0.01 0.06% |
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