MG Morning Breeze: Updates to Skim before Market
MG News | August 20, 2026 at 06:30 AM GMT+05:00
August 20, 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 the ex-depot prices of petroleum products, raising the price of Motor Spirit (petrol) by Rs2.97 per litre while reducing the price of High-Speed Diesel (HSD) by Rs32.63 per litre, effective August 20, 2026. Read more
The State Bank of Pakistan (SBP) raised Rs517.90bn 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 Rs2.19tr received across four tenors. Read more
Pakistani freelancers generated more than $175 million in foreign exchange during July 2026, the first month of the current financial year. Read more
China's Chang'e-7 lunar probe is scheduled for launch at an appropriate time, the China Manned Space Agency (CMSA) said, after the probe and its Long March-5 Y14 carrier rocket were transferred vertically to the launching area at the Wenchang Spacecraft Launch Site in south China's Hainan Province. Read more
Pakistan and China are deepening technology cooperation in the robotics sector, with Nexa Robots seeking closer ties with Chinese manufacturing and technology partners to build local capabilities in software, artificial intelligence and systems integration for service robots. Read more
The Makkah Joint Defence Agreement could lay the groundwork for a wider regional security framework, with its potential expansion to other countries offering a pathway towards enhanced peace and stability, experts observed on Wednesday. Read more
Gold price in Pakistan decreased on Wednesday, with 24-karat gold being sold at Rs458,236 per tola, down Rs3,700. Read more
Oil prices rose to their highest level in around three weeks on Wednesday, supported by persistent uncertainty over shipping through the Strait of Hormuz and ongoing disruptions to global supply. Read more
The Pakistan Stock Exchange (PSX) extended its decline on Wednesday, with the benchmark KSE-100 Index losing 1,109 points as selling pressure persisted across banks, investment companies, refineries, fertilizer and cement stocks. Read more
Hutchison Ports Pakistan, the country’s only deep-water container terminal, is set to invest $76 million during 2026 and 2027 to upgrade its operations and strengthen cargo-handling capacity. Read more
Pakistan and Ethiopia have agreed to strengthen bilateral cooperation in agriculture, livestock, food security, agricultural trade, investment and technology transfer, with both sides resolving to move from broad expressions of interest towards result-oriented cooperation focused on specific projects and partnerships. Read more
The Pakistani Rupee posted a marginal gain against the US Dollar in Wednesday's interbank session, appreciating by 0.86 paisa to close at PKR 277.60/USD, against the previous session's PKR 277.61. Read more
Finance Minister Muhammad Aurangzeb reaffirmed the government’s commitment to making the tax return process easier for taxpayers, particularly small businesses and salaried individuals, as part of efforts to expand the formal tax base. Read more
Nishat Mills Limited (PSX:NML) has decided to exit its investment in Nishat Sutas Dairy Limited (NSDL), an associated company established as a joint venture with Sütaş Süt Ürünleri A.Ş., Türkiye, citing prevailing market and regulatory conditions affecting the dairy industry and the consequent strain on NSDL's financial position. Read more
easypaisa, Pakistan's leading digital bank, has partnered with 5th Pillar Family Takaful to launch the 5th Pillar Family Takaful Umrah Savings Plan, a Shariah-compliant savings and protection solution that enables customers to plan and prepare financially for Umrah. Read more
Three Pakistani companies Murree Brewery, Systems Limited, and Sazgar Engineering Works have been featured among 200 publicly listed companies selected by Forbes for its Asia-Pacific list this year. Read more
Pakistan Cables Limited (PSX:PCAL) has entered into a Build, Own and Operate (BOO) Agreement with Burj Clean Energy Modaraba for a 7.5 MW wind power project, to be installed at the Company's manufacturing facility in Nooriabad, Sindh. Read more
Pakistan International Container Terminal Limited (PSX: PICT) slipped into the red for the half-year ended June 30, 2026 (1HCY26), reporting a net loss of Rs6.31m compared to a net profit of Rs40.59m in the corresponding period last year. Read more
BankIslami Pakistan Limited (PSX: BIPL) recorded a 54% decline in its consolidated net profit for the half year ended June 30, 2026, with profit after taxation falling to Rs2.03bn from Rs4.41bn in the corresponding period last year. Read more
Soneri Bank Limited (PSX: SNBL) reported a mild 4% decline in its net profit for the half-year ended June 30, 2026 (1HCY26), recording Rs2.40bn compared to Rs2.50bn in the corresponding period last year. Read more
Prime Minister Muhammad Shehbaz Sharif has directed Petroleum Minister Ali Pervaiz Malik to immediately travel to Karachi and hold talks with oil refineries to explore measures for reducing locally produced diesel prices and providing immediate relief to consumers. Read more
Allied Bank Limited (PSX: ABL) reported an 11% decline in its consolidated net profit for the half-year ended June 30, 2026 (1HCY26), recording Rs15.97bn compared to Rs17.98bn in the corresponding period last year. Read more
KSB Pumps Company Limited (PSX: KSBP) has approved changes in its management structure with effect from September 1, 2026. Read more
Waves Home Appliances Limited will raise Rs1.5bn through a Right Issue of 150,015,772 ordinary shares, representing 56% of its existing paid-up capital, at par value of Rs10 per share, with Book Closure scheduled for August 27, 2026. Read more
As global markets rapidly tighten environmental and sustainability mandates, Pakistan's textile industry stands at a critical strategic junction. Read more
SBP has highlighted key funding, infrastructure and implementation challenges facing Pakistan’s New Energy Vehicles (NEV) Policy 2025–30, warning that the success of the country’s electric vehicle (EV) transition will depend on a sustainable financing model and coordinated policy execution. Read more
Agro Processors & Atmospheric Gases Limited will proceed with the Book Building of its Initial Public Offering (IPO) of 58,049,541 ordinary shares, after the Securities and Exchange Commission of Pakistan (SECP) and the Pakistan Stock Exchange (PSX) approved the issuance, circulation and publication of the Company's prospectus. Read more
Pakistan's power sector circular debt stood at Rs1.68tr as of June 2026, slightly higher than Rs1.6tr in June 2025. Read more
As Pakistan grapples with rapid urbanization and escalating climate challenges, integrating Urban Agriculture (UA) into urban planning has emerged as a vital pathway to secure food supplies and cool down concrete-laden cities. Read more
Aurion.AI Limited has applied for listing on the Main Board of the Pakistan Stock Exchange (PSX), with the draft prospectus of its Initial Public Offering (IPO) now placed on the bourse's website for public comments. Read more
Tri-Pack Films Limited (PSX: TRIPF) has successfully commissioned its new tape machine, with the facility now operational as of August 2026 and carrying an annual production capacity of 5,000 tonnes. Read more
Tri-Pack Films Limited (PSX: TRIPF) staged a powerful financial turnaround for the half-year ended June 30, 2026 (1HCY26), reporting a net profit of Rs361.63m. Read more
The import bill of the petroleum group increased to $1.09bn in July 2026, marking a decrease of 28.71% YoY compared to the import bill of $1.28 bn recorded in July 2025, data released by the State Bank of Pakistan (SBP) showed. Read more
Pakistan’s hybrid and plug-in hybrid vehicle market is entering a sharper phase of price competition after the latest sales tax changes pushed automakers to revise ex-factory prices, with Chery Master Pakistan emerging with one of the more aggressive customer-retention strategies through partial tax absorption and limited-stock pricing. Read more
China remained the top export destination for Pakistan during July, with $2.11 billion worth of shipments, up by 48.3% against the exports of $1.42 billion in same period last year. Read more
Textile exports rose 3.91% year-on-year (YoY) to $1.64bn in July, driven by growth in knitwear and readymade garments, data released by the State Bank of Pakistan (SBP) showed. Read more
Among Pakistan’s top trading partners, China remained the top source of imports for Pakistan during July, followed by U. A. E. Dubai, Singapore, and U. S. A.. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates. Read more
Asian markets came under pressure on Wednesday, with technology and semiconductor stocks leading losses as rising global bond yields weighed on investor sentiment and prompted a pullback in U.S. technology shares. Read more
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| KSE100 | 176,846.36 409.77M | -0.62% -1109.15 |
| ALLSHR | 107,272.74 784.99M | -0.45% -487.35 |
| KSE30 | 52,438.23 109.21M | -0.80% -423.49 |
| KMI30 | 248,794.52 113.36M | -0.65% -1628.55 |
| KMIALLSHR | 68,802.42 561.58M | -0.38% -262.45 |
| BKTi | 50,360.41 21.24M | -1.11% -567.14 |
| OGTi | 35,490.67 21.72M | 0.06% 20.80 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 69,965.00 | 70,205.00 69,175.00 | 1390.00 2.03% |
| BRENT CRUDE | 92.11 | 92.33 91.47 | 0.49 0.53% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | 1.00 0.92% |
| ROTTERDAM COAL MONTHLY | 122.50 | 122.50 122.50 | -0.45 -0.37% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 84.70 | 84.92 84.23 | 0.31 0.37% |
| SUGAR #11 WORLD | 17.56 | 17.66 17.31 | 0.09 0.52% |
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