MG Morning Breeze: Updates to Skim before Market
MG News | August 27, 2026 at 08:01 AM GMT+05:00
August 27, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
China's economy has maintained a broadly stable performance since the start of the year, with new growth drivers gaining momentum, industrial upgrading accelerating and major economic risks remaining under control, according to an assessment of the country's economic performance. Read more
China’s four global initiatives present a fresh approach to international governance and could open new avenues for cooperation at a time of growing geopolitical divisions and global uncertainty, according to Mario Boselli, President of the Italy-China Foundation. Read more
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday called for coordinated incentives and policy measures to accelerate Pakistan’s transition towards a cashless economy, with stakeholders highlighting digital payments as a key tool for improving transparency, expanding documentation and broadening the tax base. Read more
Chinese President Xi Jinping has repeatedly emphasized that China’s efforts to expand imports are not a temporary policy response but a long-term strategy aimed at embracing global markets and fostering shared development. Read more
China plans to formulate at least 100 key standards for its rapidly expanding humanoid robot industry by 2028, under a draft guideline released by the Ministry of Industry and Information Technology (MIIT). Read more
Pakistan Single Window (PSW) and Pakistan Airports Authority (PAA) on Tuesday signed a Memorandum of Understanding (MoU) to digitalize the collection of Cargo Throughput Charges (CTC) on import consignments arriving in the country by air. Read more
The Securities and Exchange Commission of Pakistan (SECP) has shared the draft Venture Capital (VC) Bill with the Board of Investment (BOI) for public consultation, proposing a dedicated legal and regulatory framework aimed at expanding access to risk capital for startups and high-growth businesses. Read more
The State Bank of Pakistan (SBP) is moving forward with plans to introduce a new series of currency notes incorporating enhanced security features, while the existing Rs10 note may be withdrawn from circulation due to rising production costs. Read more
Prime Minister Shehbaz Sharif on Tuesday welcomed a high-level Saudi business delegation and invited Saudi investors to explore opportunities across Pakistan's priority sectors, including agriculture, infrastructure, energy, real estate and information technology. Read more
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired a fortnightly meeting of the Access to Finance Steering Committee, reviewing progress on initiatives aimed at expanding affordable and inclusive financing across key sectors, including housing, agriculture, small and medium-sized enterprises (SMEs), exports, information technology and renewable energy. Read more
This is a forensic review of Agro Processors & Atmospheric Gases Limited's PSX Main Board IPO, our own findings first, the CEO's written answers in full, and where we land. Read more
The Ministry of Energy (Petroleum Division) has revised the ex-depot prices of petroleum products, raising the price of Motor Spirit (petrol) by Rs1.12 per litre and Diesel by Rs1.11 per litre, effective from August 26 to August 27, 2026. Read more
Pakistan and Germany reaffirmed their commitment to deepening bilateral economic cooperation, with Germany extending felicitations on the recent upgrade of Pakistan's sovereign credit rating by Moody's and commending the progress made on the economic front despite regional geo-strategic challenges. Read more
Pakistan has initiated a feasibility study for establishing Strategic Petroleum Reserves (SPR), with international energy consultancy Wood Mackenzie selected to conduct the assessment following a competitive bidding process that attracted four proposals. Read more
JS Bank Limited (PSX: JSBL) recorded an 11% decline in its consolidated net profit for the half year ended June 30, 2026, with profit after taxation falling to Rs4.72bn from Rs5.32bn in the corresponding period last year. Read more
Gold price in Pakistan decreased on Tuesday, with 24-karat gold being sold at Rs486,536 per tola, down Rs600. Read more
Pakistan’s benchmark KSE-100 Index closed Tuesday’s trading session at 177,370.70, gaining 404.02 points or 0.23%, as selective buying in commercial banks, cement and fertilizer stocks helped the market recover despite weakness in oil exploration and technology sectors. Read more
The Pakistani rupee edged higher against the US dollar on Tuesday, extending its gains in the interbank market as the local currency settled at PKR 277.52 per USD. Read more
Hascol Petroleum Limited (PSX: HASCOL) recorded a 36% reduction in its consolidated net loss for the half year ended June 30, 2026, with loss for the period narrowing to Rs3.10bn from Rs4.87bn in the corresponding period last year. Read more
Atlas Battery Limited (PSX: ATBA) slipped into the red for the fiscal year ended June 30, 2026, reporting a net loss of Rs370.69m compared to a net profit of Rs91.21m in the preceding year. Read more
Pakistan is positioning itself to regulate and harness artificial intelligence and tokenization as forces reshaping financial institutions, capital markets, and the global movement of value, with authorities studying a digitally native sovereign investment product aimed at improving access for the Pakistani diaspora. Read more
Pakistan is seeking to strengthen its access to international financing through closer economic engagement with the United States while preparing to return to global capital markets with borrowing of between $1 billion and $2bn during the current fiscal year. Read more
The State Bank of Pakistan (SBP) will remain closed on Wednesday, August 26, 2026, on the occasion of Eid Milad-un-Nabi (Sallallahu Alayhi Wa-Sallam). Read more
Chief of Army Staff (COAS) and Chief of Defence Forces (CDF) Field Marshal Syed Asim Munir, NI (M), HJ, and Interior Minister Mohsin Naqvi completed a day-long visit to Iran as part of Pakistan’s diplomatic efforts to facilitate an end to the ongoing US-Iran conflict and promote lasting regional stability. Read more
GlaxoSmithKline Pakistan Limited (PSX: GLAXO) reported a 9% increase in its net profit for the half-year ended June 30, 2026 (1HCY26), reaching Rs4.58bn compared to Rs4.20bn in the corresponding period last year. Read more
Long-term coal supply agreements for coal-fired power plants should not exceed a maximum tenure of one year, the Power Division has submitted to NEPRA for incorporation into the Coal Procurement Guidelines. Read more
The united states has rolled out a sweeping new sanctions initiative aimed at cutting Iran off from the global financial system, warning that any country or entity facilitating Tehran's oil trade, banking, or shipping activities could be targeted with secondary sanctions. Read more
Coal-fired power plants procuring imported coal have been directed to purchase only from the contracted supplier offering the highest discount against the applicable international benchmark, with plants barred from sourcing coal from suppliers offering lower discounts while a higher-discount contract remains active. Read more
Federal Minister for Commerce Jam Kamal Khan has directed officials to prepare country-specific action plans for boosting Pakistan's exports, focusing on market-access barriers, logistics and banking challenges, potential buyers and pending institutional engagements. Read more
Prime Minister Shehbaz Sharif has launched the Pakistan National Olive Value Chain Policy, aimed at converting the country's olive potential into economic prosperity and reducing its heavy reliance on imported edible oil. Read more
Federal and Punjab governments have agreed to establish a Foot-and-Mouth Disease (FMD)-free zone along the motorway corridor in Punjab, as part of a coordinated strategy to control and eventually eradicate the disease from the province and pave the way for an FMD-free Pakistan. Read more
Bitcoin climbed above the $80,000 threshold on Tuesday, extending a strong rebound driven by renewed institutional inflows, improving risk sentiment, and continued momentum in the broader cryptocurrency market. Read more
Shareholders of United Bank Limited (PSX: UBL) approved a further equity investment of up to Rs22 billion in Khushhali Microfinance Bank Limited (KMBL) during an Extra-Ordinary General Meeting held on August 24, 2026. Read more
The government of Pakistan has retired a debt of Rs325.87 billion during the week ended August 14, 2026, which brings its total net retirement for ongoing fiscal year 2027 to Rs423.64bn, according to the central bank's weekly estimates. Read more
Broad money (M2), the most widely used measure of money supply in Pakistan, dropped by Rs220.75 billion WoW to Rs43.83 trillion as of August 14, 2026, data released by State Bank of Pakistan (SBP) showed. Read more
Pakistan's broad money supply (M3) contracted in July 2026, reversing the sharp rebound seen in June, as a pullback in transferable deposits and notes in circulation pulled overall liquidity lower on a monthly basis, even as annual growth held in double digits. Read more
The Board of Directors of easypaisa digital bank has approved the financial statements for the half-year ended 30 June 2026. Read more
Gold prices climbed to their highest level in over three months on Tuesday, buoyed by a weaker US dollar and as the US Treasury's bond buyback programme kept a lid on yields. Read more
Oil prices steadied on Tuesday after falling more than 2% in the previous session, as investors weighed the potential impact of tougher U.S. secondary sanctions aimed at increasing economic pressure on Iran. Read more
Pakistan Oxygen Limited (PSX: PAKOXY) reported a strong 87% increase in its net profit for the half-year ended June 30, 2026 (1HCY26), reaching Rs1.68bn compared to Rs901.56m in the corresponding period last year. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 177,370.71 271.87M | 0.23% 404.02 |
| ALLSHR | 107,716.20 642.21M | 0.11% 116.44 |
| KSE30 | 52,827.24 82.38M | 0.35% 182.71 |
| KMI30 | 251,579.93 132.42M | 0.03% 64.11 |
| KMIALLSHR | 69,528.14 417.99M | 0.00% 2.11 |
| BKTi | 50,313.91 13.15M | 1.11% 551.71 |
| OGTi | 36,509.94 8.96M | -0.87% -321.36 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 78,755.00 | 79,200.00 78,525.00 | 235.00 0.30% |
| BRENT CRUDE | 87.30 | 87.77 87.01 | -0.54 -0.61% |
| RICHARDS BAY COAL MONTHLY | 110.30 | 0.00 0.00 | 0.80 0.73% |
| ROTTERDAM COAL MONTHLY | 124.80 | 0.00 0.00 | 0.00 0.00% |
| USD RBD PALM OLEIN | 1,228.00 | 1,228.00 1,228.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 81.74 | 82.17 81.44 | -0.49 -0.60% |
| SUGAR #11 WORLD | 17.62 | 17.84 17.14 | 0.35 2.03% |
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