MG Morning Breeze: Updates to Skim before Market
MG News | September 09, 2026 at 07:59 AM GMT+05:00
September 09, 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 Rs4.18 per litre and Motor Spirit (petrol) by Rs5.58 per litre, effective September 9, 2026. Read more
Pakistan’s refining industry has raised strong objections to reports of a possible further revision to the high-speed diesel (HSD) pricing mechanism, cautioning that frequent changes could disrupt refinery operations and weaken investor confidence in the sector. Read more
The UAE National Pavilion is set to open tomorrow at the El Alamein International Airshow 2026 in Egypt, bringing together leading Emirati companies from the defence, aerospace, aviation and advanced technology sectors. Read more
Federal Minister for Commerce Jam Kamal Khan will visit Hong Kong from September 8 to 11, 2026, to represent Pakistan at the Belt and Road Summit. Read more
The Special Investment Facilitation Council (SIFC) has brought on board Japan's Sumitomo Corporation to explore investment prospects in Pakistan's mining and minerals sector, pointing to emerging projects with strong potential for foreign capital. Read more
The Securities and Exchange Commission of Pakistan (SECP) and Askari Bank have completed API integration to accelerate the issuance of new corporate accounts and reduce paperwork. Read more
Pakistan’s benchmark KSE-100 Index closed Tuesday’s trading session at 172,642.16, down 993.91 points or 0.57%, as escalating tensions between the United States and Iran and a continued rise in oil prices kept investors cautious. Read more
The Pakistani rupee strengthened marginally against the US dollar on Tuesday, gaining 2.90 paisa in the interbank market to close at PKR 277.37 per dollar, compared with Monday’s close of PKR 277.40. Read more
J.K. Spinning Mills Limited (PSX: JKSM) has invested approximately Rs2.3 billion in the modernization and enhancement of its fabric processing and spinning divisions, aiming to improve operational efficiency, product quality, and competitiveness. Read more
First Treet Manufacturing Modaraba (PSX:FTMM) has received a no-objection certificate (NOC) from the Securities and Exchange Commission of Pakistan (SECP) for its proposed merger into Treet Packaging Limited (TPL) through a scheme of arrangement. Read more
Shareholders of The Bank of Punjab (BOP) have formally approved a landmark equity injection of up to Rs30bn from the Government of Punjab (GoPb). The decision was finalized during an Extraordinary General Meeting (EOGM) held in Lahore on September 8, 2026. Read more
Gold price in Pakistan decreased on Tuesday, with 24-karat gold being sold at Rs462,136 per tola, down Rs1,000. Read more
Pakistan's economy is now more resilient to external shocks, including the recent Strait of Hormuz disruption, than it was during the 2022 oil crisis, according to Moody's Sovereign Credit Analyst Grace Lim. Read more
The Government of Pakistan has expanded export financing support to improve access to affordable funding, strengthen exporters’ competitiveness, and accelerate export-led economic growth. Read more
Securities and Exchange Commission of Pakistan (SECP) Chairman Dr. Kabir Ahmed Sidhu has stressed the need to enhance digitalization across the capital market, rates and insurance sectors. Read more
The Sindh High Court has allowed a petition seeking continuation of the voluntary winding-up proceedings of Pakistan Hotels Developers Limited (PSX: PHDL) subject to the court's supervision. Read more
The government has unveiled Pakistan's first 10-year national plan of action for the conservation and management of sharks, aimed at promoting sustainable fisheries management across the country's waters. Read more
Agro Processors & Atmospheric Gases Limited's retail subscription drew applications from the general public for 26.625 million shares against an issue size of 14,512,385 shares. Read more
The government has planned a Rs6.8 billion project to screen citizens for diabetes across the country, with prevention and public awareness on the disease identified as key priorities amid its rising prevalence. Read more
Japan and the United States continue to see eye to eye on currency-market policy, with both sides committed to sustained dialogue aimed at keeping foreign exchange movements orderly. Read more
President Donald Trump said oil prices would drop sharply once the United States secures victory in its conflict with Iran, predicting gasoline could eventually fall below $2 a gallon. Read more
Gold prices were steady on Tuesday, buoyed by a softer US dollar as markets turned their attention to upcoming inflation figures that could influence the Federal Reserve's next policy decision. Read more
Pakistan and China academic and economic engagement continues to deepen, which marks 75 years of diplomatic relations, with officials citing more than $22 billion in B2B agreements signed over the past two years and accelerating cooperation across technology, energy and education sectors. Read more
Qatar has sent a cargo of liquefied natural gas through the Strait of Hormuz for the first time since July, with the vessel now bound for Port Qasim in Pakistan and expected to arrive as early as Thursday, according to ship-tracking data reported by Bloomberg. Read more
Oil prices climbed for a third consecutive session on Tuesday, remaining near six-week highs as escalating tensions between the U.S. and Iran raised concerns over prolonged disruptions in the Middle East. Read more
Pakistan's seafood exports touched an all-time high of US$568 million in FY26, crossing the $500 million mark for the first time and surpassing the government's $500 million target. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. Read more
Asian markets mostly declined on Tuesday as rising oil prices and persistent geopolitical tensions in the Middle East weighed on investor sentiment, while traders also monitored upcoming central bank meetings and inflation data. Read more
The Ministry of Energy (Power Division) has welcomed the National Electric Power Regulatory Authority's (NEPRA) determination of the Use of System Charge for open access users under the Competitive Trading Bilateral Contract Market (CTBCM) regime, calling it the final regulatory hurdle before the Request for Proposal (RFP) for Pakistan's first CTBCM auction can be issued. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 172,642.16 225.24M | -0.57% -993.92 |
| ALLSHR | 104,658.41 715.45M | -0.71% -746.89 |
| KSE30 | 51,414.64 68.61M | -0.56% -288.52 |
| KMI30 | 246,107.08 95.44M | -0.57% -1413.60 |
| KMIALLSHR | 67,826.46 385.67M | -0.56% -379.57 |
| BKTi | 48,132.23 23.42M | -0.63% -306.61 |
| OGTi | 35,082.07 7.07M | -0.26% -91.25 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 78,945.00 | 79,110.00 78,555.00 | 360.00 0.46% |
| BRENT CRUDE | 99.32 | 99.67 99.17 | 1.40 1.43% |
| RICHARDS BAY COAL MONTHLY | 130.00 | 130.00 130.00 | 2.40 1.88% |
| ROTTERDAM COAL MONTHLY | 140.00 | 0.00 0.00 | 2.25 1.63% |
| USD RBD PALM OLEIN | 1,228.00 | 1,228.00 1,228.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 94.30 | 94.78 94.15 | 1.27 1.37% |
| SUGAR #11 WORLD | 18.08 | 18.45 17.89 | 0.01 0.06% |
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