MG Morning Breeze: Updates to Skim before Market

September 10, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Third straight fuel hike: diesel jumps Rs6.72, petrol Rs3.4

The Ministry of Energy (Petroleum Division) has revised the ex-depot prices of petroleum products, raising the price of High-Speed Diesel (HSD) by Rs6.72 per litre and Motor Spirit (petrol) by Rs3.40 per litre, effective September 10, 2026. Read more

• Pakistan steps up business reforms to attract local, foreign investment

The government is taking steps to simplify business regulations, attract local and foreign investment, strengthen industry and promote value-added exports. Read more

• Govt directs faster passport verification for overseas Pakistanis

The government has directed relevant authorities to make the verification process for passports and other essential documents of overseas Pakistanis faster, easier and more efficient, with an integrated system to be developed for their timely verification and a one-window verification portal proposed to minimize human interaction in the process. Read more

• KP oil, gas output from Karak, Lakki Marwat fields rises in FY26

Oil production from fields in Khyber Pakhtunkhwa's Karak and Lakki Marwat districts climbed by around 16% during 2025-26, while gas output rose nearly 20%, led largely by a sharp rebound at the Makori Deep field. Read more

• PKR posts marginal gain against USD

The Pakistani rupee (PKR) posted a marginal gain against the US dollar on Wednesday, appreciating 0.82 paisa to close at PKR 277.36 per dollar in the interbank market, compared with the previous session’s closing of PKR 277.37. Read more

• PSX Closing Bell: A Back-Foot Finish

Pakistan’s benchmark KSE-100 Index closed Wednesday’s trading session at 171,943.59, falling 698.57 points or 0.40%, as renewed US-Iran military confrontation pushed oil prices higher and heightened concerns over disruptions to Middle Eastern crude supplies. Read more

• NICL approves Rs3bn capex for Palmitic Acid, CPW expansion

A capital expenditure of Rs3.0 billion has been approved for three key strategic initiatives at Nimir Industrial Chemicals Limited (PSX: NICL), covering the establishment of a new Palmitic Acid plant, expansion of the Chlorinated Paraffin Wax (CPW) and Chlorine Liquefaction plants, and the relocation of one Oleochemicals plant from Sheikhupura to Hub, Balochistan. Read more

• Nimir Chemicals FY26 profit rises 18% to Rs2.4bn, declares Rs2 dividend

Nimir Industrial Chemicals Limited (PSX: NICL) recorded an 18% increase in its net profit for the year ended June 30, 2026, with profit after income tax climbing to Rs2.39bn from Rs2.02bn in the corresponding period last year. Read more

• PM urges banks to boost financing for agriculture, SMEs, housing

Prime Minister Shehbaz Sharif has directed banks and financial institutions to expand lending to agriculture, small and medium-sized enterprises (SMEs) and the housing sector to improve access to finance. Read more

• Gold price in Pakistan rises Rs800 per tola

Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs462,936 per tola, up Rs800. Read more

• DYNO FY26 profit surges 25%

Dynea Pakistan Limited (PSX: DYNO) reported a 25% increase in its net profit for the fiscal year ended June 30, 2026, reaching Rs1.09bn compared to Rs867.65m in the preceding year. Read more

• Chenab Limited board approves sale of non-core assets to repay debt

Chenab Limited's (PSX:CHBL) Board of Directors has approved the sale of certain non-core assets, including a weaving unit and other properties, subject to the approval of the company's secured creditors, with proceeds to be used for debt repayment. Read more

• Govt targets lower energy costs, easier business regulations

Prime Minister Shehbaz Sharif has reaffirmed the government’s commitment to expanding business activity, lowering the cost of doing business and creating a more investor-friendly regulatory environment. Read more

• LSE Capital incorporates SPAC4, eyes food sector business combination

LSE Capital Limited (PSX:LSECL) has incorporated LSE SPAC-IV Limited ("SPAC4"), a Special Purpose Acquisition Company, in line with applicable laws and regulatory requirements, as SPAC4 moves toward a proposed business combination with a pre-identified target company in the food sector Read more

• Govt retires Rs2tr debt in a week

The government of Pakistan has retired a debt of Rs2.02 trillion during the week ended August 28, 2026, which brings its total net retirement for ongoing fiscal year 2027 to Rs2.24 trillion, according to the central bank's weekly estimates. Read more

• M2 rises by Rs214bn in a week

Broad money (M2), the most widely used measure of money supply in Pakistan, rose by Rs214.02 billion WoW to Rs43.95 trillion as of August 28, 2026, data released by State Bank of Pakistan (SBP) showed. Read more

• Worker remittances rise 17% YoY in August 2026

Pakistan received workers' remittances of $3.66bn in August 2026, up 0.7% from $3.63bn in July 2026, and up 16.5% on a yearly basis from $3.14bn in August 2025, according to the latest data released by the State Bank of Pakistan (SBP). Read more

• easypaisa, KTrade join hands to enable instant PSX account opening

easypaisa digital bank and KTrade have joined hands in a first-of-its-kind partnership to make stock market investments more accessible and convenient for millions of Pakistanis, by enabling instant digital Pakistan Stock Exchange (PSX) account onboarding via the easypaisa app. Read more

• Gold remains steady amid subdued dollar, US Iran tensions

Gold prices remained steady on Wednesday as the US dollar stayed subdued and markets weighed renewed hostilities between the US and Iran alongside upcoming inflation readings that could shape the interest-rate trajectory. Read more

• Senate introduces mobile app to boost digital governance

The Senate of Pakistan has introduced a new mobile application to improve public access to parliamentary information and strengthen transparency, efficiency and citizen engagement. Read more

• Oil prices edge towards $100 amid U.S.-Iran tensions

Oil prices climbed Wednesday toward $100 a barrel as renewed U.S.-Iran military confrontation heightened fears of further disruptions to crude supplies from the Middle East. Read more

• Govt begins preparations for Monsoon 2027, eyes climate-resilient planning

Pakistan has begun preparations for Monsoon 2027, nearly a year in advance, as the government moves to shift the country’s disaster-management strategy from emergency response towards climate-resilient planning. Read more

• OGDC, MARI bring Lundali-1 gas well online

Lundali-1 well in Sindh’s Sukhpur-II Block has commenced gas production at 10 million standard cubic feet per day (MMscfd), with first gas achieved on September 06, 2026, adding fresh indigenous gas to Pakistan’s energy supply. Read more

• NBP issues foreign exchange rates

The treasury management division of the National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates. Read more

• Asian markets mixed; oil nears $100 on Mideast tensions

Asian markets traded mostly lower on Wednesday as escalating tensions between the United States and Iran pushed oil prices higher and weighed on investor sentiment, following a decline on Wall Street. Read more

• Pakistan, New Zealand explore joint programmes in skills development, technical training

Pakistan and New Zealand have agreed to translate their recently signed education cooperation framework into practical programmes focused on skills development, industry-responsive technical training and higher education. Read more

• Pakistan moves to fix governance scorecard

Pakistan has launched work on a comprehensive roadmap to improve its performance on key international governance indicators, as the government seeks to translate recent macroeconomic stabilization into stronger institutional credibility and improved global standing. Read more

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