MG Morning Breeze: Updates to Skim before Market
MG News | September 07, 2026 at 07:00 AM GMT+05:00
September 07, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan’s 13,032 documented glaciers and around 3,000 glacial lakes underscore the growing disaster risk facing communities in the country’s mountainous regions as climate change alters glaciers and increases the threat of glacial hazards. Read more
The proposed Faisalabad Greenfield Airport has moved forward with consultations on its master plan, feasibility study and design, as authorities work on the infrastructure and connectivity framework for the project. Read more
Federal Planning Minister Ahsan Iqbal has proposed two major options for restructuring Pakistan’s administrative system, establishing empowered governments in 160 districts or creating 12 to 15 new provinces. Read more
Pakistan has renewed its push for power-sector reforms and privatization, with the government now emphasizing efficiency, institutional effectiveness and better outcomes for electricity consumers. Read more
The government has reduced the tax deduction on export proceeds to 1.25% from 2% while moving ahead with a centralized, faceless tax audit and assessment system aimed at reducing direct interaction between taxpayers and FBR officials. Read more
Pakistan has set up a Rs3 billion risk pool to expand export credit insurance coverage, with small and medium-sized enterprises (SMEs) expected to be among the key beneficiaries as the government seeks to push the economy toward an export-led growth model. Read more
Pakistan's Consumer Confidence Index (CCI) fell sharply to 65.3 in the third quarter of FY2026, down from 86.4 in the previous quarter, marking a 24.4% decline and pushing consumer sentiment to its lowest level in two years despite official claims of macroeconomic stability. Read more
Before most of the country had fully woken up this morning, the guns had already spoken. 31 guns were fired in Islamabad, and 21 in each provincial capital as Pakistan marked Defence Day, commemorating 61 years since the 1965 war. Read more
Weekly roundup of Key Economic releases and market data and statistics Read more
The State Bank of Pakistan (SBP) has clarified that recent social media reports claiming the Financial Action Task Force (FATF) identified Raast as a money-laundering channel are misleading and misrepresent the actual findings of the FATF report. Read more
Pakistan State Oil (PSO), in a joint intelligence-led operation with Islamabad Police, foiled an attempted fuel theft on the Sihala–Attock Refinery Limited (ARL) pipeline in the early hours of Wednesday. Read more
The benchmark KSE-100 Index closed the week ended September 04, 2026, at 175,328.82 points, losing 2,367.69 points, or 1.33%, on a week-on-week basis from 177,696.51 points recorded on August 28, 2026. Read more
APAG’s public subscription has successfully closed with the offering oversubscribed by more than 183.38%, showing strong investor interest in the company and its future prospects. Read more
The Ministry of Energy (Petroleum Division) has revised the ex-depot prices of petroleum products, raising the price of High-Speed Diesel (HSD) by Rs3.74 per litre while reducing the price of Motor Spirit (petrol) by Rs3.13 per litre, effective September 5, 2026. Read more
The Pakistan Stock Exchange (PSX) has carried out the re-composition of the JS Momentum Factor Index (JSMFI) as of August 31, 2026, in accordance with the relevant index rules, resulting in five incoming and five outgoing companies, with the changes set to take effect from Monday, September 07, 2026. Read more
Public-private partnerships (PPPs) and privatization are essential to meeting Pakistan’s future economic and infrastructure needs, Adviser to the Prime Minister on Privatization and Chairman Privatization Commission Muhammad Ali said on Friday. Read more
Sialkot's surgical instruments industry's export potential, its contribution to the economy, and the key challenges affecting its international competitiveness came under discussion as the Surgical Instruments Manufacturers Association of Pakistan (SIMAP) held an interactive session with probationary officers of the Commerce and Trade Group during their study tour to Sialkot. Read more
The Power Division has decided to digitize and automate the electricity detection billing system to curb overbilling, reduce human intervention, and protect consumers from unnecessary financial burdens. Read more
Pakistan’s benchmark KSE-100 Index closed Friday’s trading session at 175,328.82, gaining 399.14 points or 0.23%, as buying in commercial banks, oil & gas exploration and cement stocks helped the index extend its recovery. Read more
Panther Tyres Limited (PSX: PTL) reported a remarkable 3x (204%) surge in its net profit for the fiscal year ended June 30, 2026, reaching Rs1.31bn compared to Rs431.63m in the preceding year. Read more
The Pakistani rupee (PKR) edged up by 1.04 paisa against the US dollar in the interbank market on Friday, closing at PKR 277.41 per USD versus the previous session’s close of PKR 277.42. Read more
Pakistan and the Asian Development Bank (ADB) agreed to chart out priority interventions under the new Country Partnership Strategy (CPS) 2026-2030, reviewing the two sides' multi-decade development partnership. Read more
International Packaging Films Limited (IPAK) has unveiled a new generation of advanced flexible packaging films at 3P Plas Print Pack Pakistan 2026, highlighting its growing focus on value-added, sustainable and export-oriented packaging solutions. Read more
Pakistan and the United Nations remain firmly aligned on multilateralism, with Prime Minister Muhammad Shehbaz Sharif reiterating the country's commitment to the principles and purposes of the UN Charter and its continued support for the role of the United Nations in global affairs. Read more
Government has committed to laying the foundation stone for the Karachi–Rohri section of the ML-1 railway upgradation project during the current financial year, Federal Minister for Railways Muhammad Hanif Abbasi said. Read more
Gold price in Pakistan increased on Friday, with 24-karat gold being sold at Rs469,136 per tola, up Rs3,900. Read more
The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs2.40 trillion into the market of which Rs1.92tr were injected through reverse repo OMO. Read more
Sustained private capital mobilization through privatization and public-private partnerships (PPPs) will be essential to moving the economy from stabilization to durable, investment-led growth. Read more
The Securities and Exchange Commission of Pakistan (SECP) registered 4,761 new companies during August 2026, taking the total number of registered companies in Pakistan to 311,765. Read more
Oil & Gas Development Company Limited (PSX: OGDC) reported a 43% surge in its consolidated net profit for the fiscal year ended June 30, 2026, reaching Rs242.37bn compared to Rs169.90bn in the preceding year. Read more
Engro Fertilizers limited (EFERT) weak urea offtake during the first half of CY26 largely reflected its pricing premium against cheaper competing inventory rather than any deterioration in underlying demand, with lower-priced stocks now gradually depleting and pointing to an early recovery in the company's volumes and market share. Read more
The Pakistan Stock Exchange (PSX) has inducted three Meezan-managed mutual funds as trading participants for proprietary trading in Government of Pakistan (GoP) Sukuk, following SECP's approval allowing Commercial Banks and Mutual Funds that are Debt Market Clearing Members (DMCMs) of the National Clearing Company of Pakistan Limited (NCCPL) to act as trading participants for GoP Sukuk proprietary trading. Read more
Pakistan's short-term inflation, measured by the Sensitive Price Indicator (SPI), increased by 0.65% for the week ended September 3, 2026, according to data released by the Pakistan Bureau of Statistics (PBS). Read more
Pakistan and Australia have agreed to further strengthen bilateral cooperation in agricultural research, climate resilience, biosecurity, water management and agricultural trade. Read more
The Rs415 billion N-25 Karachi–Quetta–Chaman Pakistan Expressway is expected to significantly reduce travel time and distance between Karachi and Quetta while strengthening trade, transportation and economic activities in Balochistan and the country. Read more
Prime Minister Shehbaz Sharif has directed that the first phase of the Jinnah Medical Complex and Research Centre be completed by March next year, as he reaffirmed that providing quality healthcare to the people remains among the government's top priorities. Read more
Oil prices climbed on Friday and remained on course for their strongest weekly advance since mid-July as escalating U.S.-Iran hostilities intensified concerns over potential disruptions to crude supplies from the Middle East. Read more
PASSCO has been directed to immediately supply wheat to the provinces as per their approved allocations, with the provinces in turn told to ensure timely payments and lifting of the allocated stocks. Read more
Pakistan Cables Limited (PSX: PCAL) swung to a net profit of Rs166.21m for the year ended June 30, 2026, reversing a loss of Rs280.60m recorded in the corresponding period last year a complete earnings turnaround driven by a dramatic improvement in associate income and a meaningful reduction in below-the-line charges. Read more
Gold prices were little changed on Friday, putting the precious metal on course for a slight weekly gain as market participants awaited the release of key US payrolls figures that could offer fresh direction on the Federal Reserve's upcoming rate decision. Read more
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 175,328.82 259.37M | 0.23% 399.13 |
| ALLSHR | 106,442.83 871.95M | 0.22% 236.26 |
| KSE30 | 52,294.83 70.59M | 0.21% 109.76 |
| KMI30 | 250,239.14 117.86M | 0.27% 676.97 |
| KMIALLSHR | 68,844.23 590.83M | 0.27% 185.40 |
| BKTi | 49,072.93 17.11M | 0.20% 97.65 |
| OGTi | 35,769.80 17.60M | 0.71% 253.52 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 80,060.00 | 80,800.00 79,700.00 | 5.00 0.01% |
| BRENT CRUDE | 96.93 | 97.05 96.24 | 0.65 0.68% |
| RICHARDS BAY COAL MONTHLY | 126.75 | 0.00 0.00 | -0.75 -0.59% |
| ROTTERDAM COAL MONTHLY | 138.45 | 0.00 0.00 | 0.20 0.14% |
| USD RBD PALM OLEIN | 1,228.00 | 1,228.00 1,228.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 92.16 | 92.57 91.58 | 0.68 0.74% |
| SUGAR #11 WORLD | 18.02 | 18.48 17.92 | -0.05 -0.28% |
Chart of the Day
Latest News
Top 5 things to watch in this week
International Reserves/Foreign Currency Liquidity
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|