MG Morning Breeze: Updates to Skim before Market
MG News | August 17, 2026 at 06:30 AM GMT+05:00
August 17, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Senator Muhammad Aurangzeb, Federal Minister for Finance & Revenue, has been conferred the prestigious Nishan-i-Imtiaz, Pakistan’s highest civilian award, in recognition of his distinguished public service. Read more
Federal Secretary Finance Imdad Ullah Bosal has been conferred the prestigious Hilal-i-Imtiaz in recognition of his distinguished public service and contributions to Pakistan. Read more
Weekly roundup of Key Economic releases and market data and statistics Read more
The Economic Coordination Committee (ECC) of the Cabinet has approved an increase of Rs1.34 per litre in dealers’ margins on Motor Spirit (MS) and High-Speed Diesel (HSD). Read more
The benchmark KSE-100 Index closed the week ended August 13, 2026, at 180,104.61 points, losing 1,325.41 points, or 0.73%, on a week-on-week basis from 181,430.02 points recorded on August 7, 2026. Read more
The Securities and Exchange Commission of Pakistan (SECP) has released a special national song for Pakistan’s 79th Independence Day, highlighting youth empowerment, entrepreneurship, innovation, and financial independence. Read more
Pak-Libya Holding Company Limited (PLHCL) will get a new Managing Director, with the Federal Government appointing Imran Sarwar to the position for a three-year term from the date of his joining. Read more
Pak-Oman Investment Company Limited (POICL) will get a new Managing Director, with the Federal Government appointing Ali Raza to the position for a three-year term from the date of his joining. Read more
Pakistan's short-term inflation, measured by the Sensitive Price Indicator (SPI), increased by 0.15% for the week ended August 13, 2026, according to data released by the Pakistan Bureau of Statistics (PBS). Read more
Overall demand for loans has increased considerably on a quarter-on-quarter basis, with the current index climbing to 79 in Q4-FY26 from 72 in the previous quarter, moving back into the Increase Considerably zone, according to the latest Bank Lending Survey (BLS). Read more
The State Bank of Pakistan (SBP) has stressed that the central bank's focus going forward will remain on price stability, policy reforms, and creating a conducive environment for higher productivity, export growth, and job creation, emphasizing that these priorities are essential for transforming economic stability into sustainable development and laying the foundation for a stronger, more prosperous Pakistan. Read more
Liquidity across most Fitch-rated sukuk has climbed close to pre-war levels even as geopolitical tensions persist, Fitch Ratings said. Read more
Sustainable Fitch has reported that labelled debt instruments linked to nuclear energy have climbed to high levels over the past two years, driven by mounting concerns over energy scarcity and supply security alongside stronger policy backing and greater taxonomy flexibility and clarity. Read more
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $14 million or 0.08% WoW to $17.06 billion during the week ended on August 07, 2026, data released by State Bank of Pakistan showed on Thursday. Read more
The SCRA balance decreased by Rs657.51 million during the week ending Aug 07, 2026 to close at Rs27.31 billion. Read more
The petroleum products' prices have been revised upward, effective August 14, 2026, with High Speed Diesel (HSD) rising by Rs1.16 per litre and Motor Spirit (MS/petrol) rising by Rs0.45 per litre. Read more
The Securities and Exchange Commission of Pakistan has directed that the proposed acquisition of voting shares and control of Al Shaheer Corporation Limited shall remain suspended until further orders of the Commission. Read more
Pakistan Stock Exchange listed company Supernet Technologies Limited (PSX: STL) will issue 91,476,554 ordinary shares at Rs10 per share through an 85% right offer, with entitlement of 0.85 right share for every 1 ordinary share held, following approval by the company's Board of Directors on July 15, 2026. Read more
Unity Foods Limited (PSX:UNITY) has informed shareholders and the general public that it has received updates on two litigation matters involving company shareholders, with a regulatory show-cause suit dismissed at the threshold and a separate suit stayed in favour of arbitration. Read more
Foreign currency deposits rose by $118.29m to $6.862 billion in July 2026 compared to the previous month, the latest data released by the State Bank of Pakistan showed. Read more
The Pakistani currency continued to hold firm against the US dollar on Thursday as it gained 0.83 paisa in the interbank market, closing at PKR 277.65. Read more
The Pakistan Stock Exchange (PSX) closed Thursday's session marginally lower as profit-taking and selling pressure in commercial banks, investment companies, technology, and oil & gas exploration stocks outweighed gains in fertilizer, leather, and refinery stocks. Read more
Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs460,436 per tola, down Rs3,500. Read more
Dandot Cement Company Limited (PSX:DNCC) has finalized the financing arrangements for its Waste Heat Recovery (WHR) Plant, with the required Letters of Credit (LCs) established for the supply, installation and commissioning of the plant in favour of Sinoma Energy Conservation Limited. Read more
Pakistan closed FY26 with a significant fiscal turnaround, moving away from years of recurring fiscal stress toward stronger public finances, stability, and sustainable growth. Read more
Habib Metropolitan Bank Limited (PSX: HMB) reported a 19% decline in its consolidated net profit for the half-year ended June 30, 2026 (1HCY26), recording Rs9.7bn compared to Rs12.01bn in the corresponding period last year. Read more
The government has emphasized the need to enhance the use of technology to improve access to finance and support economic activity, including through digital transformation and digital finance initiatives, with focus on developing an enabling framework that recognizes electronic transactions and supports wider adoption of digital processes across trade and financial activities. Read more
Pakistan Refinery Limited (PSX: PRL) staged a massive financial turnaround for the fiscal year ended June 30, 2026, recording a net profit of Rs15.78bn compared to a net loss of Rs4.66bn in the preceding year. Read more
Pakistan has closed FY26 with a significant fiscal turnaround, moving from recurring fiscal stress toward stronger public finances, stability and sustainable growth. Read more
The Ministry of Energy (Power Division) has rolled out Pakistan's first National Power Sector Innovation Programme, with the Innovation Hub serving as the programme's dedicated digital platform. Read more
The Securities and Exchange Commission of Pakistan (SECP) has approved the Initial Public Offering (IPO) of Agro Processors and Atmospheric Gases Limited (APAG) for listing on the Pakistan Stock Exchange (PSX), with the company planning to raise up to Rs2.6bn. Read more
Japan and the United States are moving toward deeper cooperation on developing the vast rare earth deposits around Minamitorishima, a remote Japanese island in the Pacific, as both countries seek to reduce their dependence on China for critical minerals. Read more
Pakistan has seen a single change to its weighting in MSCI's frontier market universe in the index provider's latest semi-annual review, with Air Link Communication Limited earning a spot in the MSCI Pakistan Small Cap Index while Biafo Industries Limited has been dropped, according to an MSCI announcement dated August 12, 2026. Read more
Pakistan's automotive sector must pivot from serving the domestic market to becoming a major contributor to the country's export earnings, with the industry expected to play a key role in achieving the $63bn export target set under URAAN Pakistan, the Planning Commission said at a policy dialogue titled "Unlocking Pakistan's High-Value Export Potential: Threats and Opportunities for the Automotive Industry." Read more
Pakistan's first National Youth Employment Policy was formally launched, aimed at expanding employment and entrepreneurship opportunities for young people, with a 50% quota set aside for women in the labour force and 10% of the annual quota allocated to startups to encourage youth to pursue business ventures over conventional employment. Read more
Gold prices barely moved on Thursday, holding just off a two-month peak, as investors took a breather from a rally sparked by softer US inflation data with markets now looking ahead to a key producer price reading for fresh signals on where the Fed's rate path is headed. Read more
Oil prices climbed on Thursday as fresh attacks on vessels in the Gulf of Oman and Red Sea heightened concerns over potential supply disruptions, while a major oil spill off Oman continued to spread. Read more
Century Paper & Board Mills Limited (PSX: CEPB) reported a dramatic 83% reduction in its net losses for the fiscal year ended June 30, 2026, narrowing its loss after taxation to Rs58.29m compared to a net loss of Rs345.42m in the preceding year. Read more
Pakistan’s debt growth has slowed to its lowest level in two decades, while external debt exposure and the debt servicing burden have also declined, according to Khurram Schehzad, who shared the latest debt indicators on social media. Read more
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb discussed ways to expand bilateral trade, investment and economic cooperation with Belarusian Energy Minister Denis Moroz during a meeting in Islamabad. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 180,104.61 388.90M | -0.11% -206.60 |
| ALLSHR | 108,838.05 888.10M | -0.14% -150.10 |
| KSE30 | 53,603.57 82.09M | -0.20% -109.40 |
| KMI30 | 252,988.26 112.53M | -0.14% -356.16 |
| KMIALLSHR | 69,789.36 622.55M | 0.02% 11.95 |
| BKTi | 51,939.19 21.86M | -0.35% -181.79 |
| OGTi | 35,691.88 10.10M | 0.01% 3.44 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 63,135.00 | 63,340.00 62,700.00 | 160.00 0.25% |
| BRENT CRUDE | 88.90 | 89.24 88.01 | 0.38 0.43% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -0.45 -0.41% |
| ROTTERDAM COAL MONTHLY | 122.30 | 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 | 82.53 | 82.92 81.72 | 0.13 0.16% |
| SUGAR #11 WORLD | 16.60 | 0.00 0.00 | 0.00 0.00% |
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