MG Morning Breeze: Updates to Skim before Market
MG News | August 21, 2026 at 06:03 AM GMT+05:00
August 21, 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 High-Speed Diesel (HSD) by Rs1.64 per litre and Motor Spirit (petrol) by Rs0.27 per litre, effective August 21, 2026. Read more
The SCRA balance decreased by Rs894.31 million during the week ending Aug 14, 2026 to close at Rs26.42 billion. Read more
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $24.9 million or 0.15% WoW to $17.08 billion during the week ended on August 13, 2026, data released by State Bank of Pakistan showed on Thursday. Read more
Foreign investors' repatriation of profit and dividend stood at $261.4m in July 2026, rising 72.66% on a month-on-month (MoM) basis compared with $151.4m in June 2026, but down 11.39% on a year-on-year (YoY) basis against $295m repatriated in the same month last year, the latest data issued by the State Bank of Pakistan (SBP) revealed. Read more
The government will identify blocks for the mining of topaz, ruby and other high-value gemstones across various regions of the country to enable systematic, high-quality mining operations. Read more
China is to extend financial backing to at least 3 million industrial workers for further education and skills upgrading through 2030, the All-China Federation of Trade Unions said in a plan. Read more
Macao has unveiled its third five-year plan, charting policy priorities centered on economic diversification, social progress and closer integration with national development, nearly three decades after its return to China under the "one country, two systems" policy. Read more
A Chinese-led research team has developed a vision chip capable of converting light directly into AI tokens, eliminating several conventional data-processing stages and significantly reducing energy consumption. Read more
Pakistan is seeking consistent and predictable energy policies to attract major investment in upstream exploration, particularly offshore projects, Federal Minister for Petroleum Ali Pervaiz Malik said on Thursday. Read more
The government is moving to streamline maritime-sector operations and strengthen fisheries, aquaculture and port infrastructure to unlock greater economic potential, Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhary said. Read more
The Pakistan Telecommunication Authority (PTA) and Google LLC has signed a Memorandum of Understanding on Child Online Safety, which aims to strengthen awareness, digital protection and responsible platform use among children, parents, teachers and caregivers across the country. Read more
Meezan Bank, Pakistan’s premier Islamic bank, has inaugurated its first Service Center at Clifton Bridge, Karachi. The Center introduces a customer-focused banking model that combines round-the-clock digital convenience with personalized support. Read more
In a strategic push to revamp leadership across Pakistan's energy giants, the Cabinet Committee on State-Owned Enterprises (CCoSOEs) has cleared high-level board appointments for Pakistan Petroleum Limited (PPL) and the Oil & Gas Development Company Limited (OGDCL). Read more
JDW Sugar Mills Limited (PSX: JDWS) has been approached to join a consortium led by Pakgen Limited in relation to the Request for Statement of Qualification (RSOQ), as amended or supplemented from time to time, issued by the Privatisation Commission for the divestment of Faisalabad Electric Supply Company Limited (FESCO) through privatisation. Read more
The benchmark KSE-100 Index closed Thursday’s trading session at 176,591.76, declining 254.60 points or 0.14%, as selling pressure in key heavyweight sectors outweighed gains in oil and gas exploration stocks. Read more
The Pakistani Rupee (PKR) gained 3.23 paisa, or 0.01%, against the US Dollar in Thursday's interbank session, closing at PKR 277.57 per USD, compared with the previous session's closing of PKR 277.60. Read more
Gold price in Pakistan increased on Thursday, with 24-karat gold being sold at Rs471,936 per tola, up Rs13,700. Read more
Bank AL Habib Limited (PSX: BAHL) has secured in-principle board approval to enter negotiations for acquiring an additional 33.33% shareholding in AL Habib Capital Markets (Pvt.) Limited (AHCML). Read more
Bank AL Habib Limited (PSX: BAHL) reported a 22% decline in its consolidated net profit for the half-year ended June 30, 2026 (1HCY26), recording Rs15.41bn compared to Rs19.79bn in the corresponding period last year. Read more
Interloop Limited (PSX: ILP) is expected to continue outperforming Pakistan's textile industry, with exports projected to grow 3% YoY to around $630m in FY26, compared with industry-wide export growth of 1.9% YoY over the same period. Read more
Prime Minister Muhammad Shehbaz Sharif stated that the Federal Government absorbed an impact of approximately Rs128 billion following the outbreak of the war to shield the public from the burden of suddenly soaring prices. Read more
Pakistan Aluminium Beverage Cans Limited (PSX: PABC) reported a 27% decline in its net profit for the half-year ended June 30, 2026 (1HCY26), recording Rs2.85bn compared to Rs3.89bn in the corresponding period last year. Read more
Samba Bank Limited (PSX: SBL) recorded a 48% increase in its net profit for the half year ended June 30, 2026, with profit after taxation climbing to Rs273.67m from Rs185.53m in the corresponding period last year. Read more
Pakistan has entered its first Diversified Payment Rights (DPR) Programme, which marks a new avenue for mobilizing long-term foreign currency financing as the country works to diversify its external financing sources and deepen access to international capital markets. Read more
Rafhan Maize Products Company Limited (PSX: RMPL) reported a 6% increase in its net profit for the half-year ended June 30, 2026 (1HCY26), recording Rs4.11bn compared to Rs3.87bn in the corresponding period last year. Read more
Globe Residency REIT (PSX: GRR) recorded a 7% increase in its net profit for the year ended June 30, 2026, with profit after taxation climbing to Rs578.18m from Rs539.23m in the corresponding period last year. Read more
Fertilizer consumption in Pakistan witnessed weak performance in July 2026, as overall nutrient offtake decreased by 9.2% year-on-year to 359,000 tonnes, according to the latest Monthly Fertilizer Review released by the National Fertilizer Development Centre (NFDC). Read more
Baluchistan Wheels Limited (PSX: BWHL) reported a virtually flat net profit for the fiscal year ended June 30, 2026, recording Rs312.59m compared to Rs315.58m in the preceding year. Read more
Shareholders of Crestwell Healthcare Limited (formerly S.G. Power Limited) (PSX: SGPL) have been allotted 53.499 million right shares at Rs10 per share, in the ratio of 3 right shares for every 1 ordinary share held, translating into an approximately 300% right issue at par value. Read more
President Asif Ali Zardari has called for stronger mechanisms to monitor compliance with the decisions and recommendations of the Federal Tax Ombudsman (FTO), while he stressed that relief provided to complainants should be meaningful and effective rather than merely procedural. Read more
The government has directed regulatory authorities to launch immediate enforcement action after a nationwide testing exercise found a significant proportion of Banaspati ghee, edible oil and milk products failing to meet prescribed quality standards, with excessive trans-fat levels, missing Vitamin A content and elevated peroxide values detected in a large number of samples, according to a report by the Pakistan Council of Scientific and Industrial Research (PCSIR). Read more
The Securities and Exchange Commission of Pakistan (SECP) has issued the draft Market Conduct Rules 2026 for insurance companies for public consultation, aimed at strengthening protection for insurance consumers. Read more
BF Biosciences Limited (PSX: BFBIO) has introduced Continuous Glucose Monitoring (CGM) devices in Pakistan in collaboration with SIBIONICS, China, a medical technology company specializing in continuous glucose monitoring and digital health solutions. Read more
Oil prices held firm in early Asian trade on Thursday, with investors closely monitoring developments in the U.S.-Iran war and uncertainty surrounding the security of shipping through the Strait of Hormuz. Read more
The government has approved a revised crude-based pricing mechanism for High-Speed Diesel (HSD), setting a $41.89 per barrel ceiling on the HSD crack and a $11.33/bbl floor, as part of measures to address elevated crude oil, freight and insurance costs amid the Iran-US war. Read more
Pakistan’s transition towards a Shariah-compliant financial system is expected to push the country’s Islamic finance industry beyond $100 billion by 2027, Fitch Ratings said. Read more
The Government of Pakistan conducted primary market auctions for the issuance of Government of Pakistan (GoP) Hybrid Sukuk (GHS), comprising a fresh issue of 3-Month, 6-Month and 1-Year Fixed Rate Discounted Sukuk and the 2nd re-opening of the 10-Year Variable Rental Rate (VRR) Sukuk, conducted via the PSX Auction System. Read more
Gold retreated on Thursday as traders locked in gains after bullion touched a fresh two-month high in the previous session, with the rally driven by an unexpected U.S. Treasury measure aimed at easing pressure in the long-dated bond market, a move that dragged the dollar lower and eased Treasury yields. Read more
Pakistan has launched work on a National Private Equity Policy Framework aimed at unlocking greater domestic and international long-term capital, with the government planning regulatory and tax reforms to strengthen the country’s private equity ecosystem. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 176,591.77 358.03M | -0.14% -254.59 |
| ALLSHR | 107,122.44 652.77M | -0.14% -150.29 |
| KSE30 | 52,467.41 68.87M | 0.06% 29.18 |
| KMI30 | 249,569.23 79.35M | 0.31% 774.71 |
| KMIALLSHR | 68,868.73 462.76M | 0.10% 66.30 |
| BKTi | 50,136.36 13.91M | -0.44% -224.05 |
| OGTi | 35,895.08 18.61M | 1.14% 404.41 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 74,500.00 | 74,980.00 72,670.00 | 1710.00 2.35% |
| BRENT CRUDE | 93.68 | 93.75 93.08 | -0.10 -0.11% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | 0.25 0.23% |
| ROTTERDAM COAL MONTHLY | 124.00 | 124.50 123.35 | 1.00 0.81% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 86.60 | 86.68 86.06 | -0.23 -0.26% |
| SUGAR #11 WORLD | 17.50 | 18.26 17.44 | -0.05 -0.28% |
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