MG Morning Breeze: Updates to Skim before Market
MG News | September 11, 2026 at 06:30 AM GMT+05:00
September 11, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan and Rwanda are set to deepen bilateral economic ties through greater investment cooperation, direct trade, stronger business-to-business engagement and closer institutional coordination. 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 Rs5.37 per litre and Motor Spirit (petrol) by Rs3.05 per litre, effective September 11, 2026. Read more
The Khyber Pakhtunkhwa Revenue Authority (KPRA) has launched its dedicated mobile application, ‘KPRA Sahulat’, aimed at providing citizens, taxpayers and businesses with easier digital access to sales tax-related services. Read more
he foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $1.21 billion or 7.07% WoW to $18.33 billion during the week ended on September 04, 2026, data released by State Bank of Pakistan showed on Thursday. Read more
Pakistan’s corporate boards must move beyond compliance and play a more active role in navigating economic uncertainty, technological disruption, cybersecurity, sustainability and succession challenges, business leaders and governance experts said at the Pakistan Institute of Corporate Governance (PICG) Directors’ Summit 2026. Read more
HomeNet Pakistan (HNP), in partnership with the State Bank of Pakistan (SBP), held a policy dialogue in Karachi focused on promoting the economic empowerment and formalization of women micro-entrepreneurs. Read more
The Small and Medium Enterprises Development Authority (SMEDA) and the Prime Minister’s Youth Programme (PMYP) have entered into a Memorandum of Understanding (MoU) to expand awareness and access to financing and business development services for Micro, Small and Medium Enterprises (MSMEs) and young entrepreneurs across Pakistan. Read more
Comprehensive tax reforms, resource mobilization and digitalization are essential to provide the financial engine for achieving the targets of Uraan Pakistan and transforming the national economy. Read more
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held discussions with Association of Chartered Certified Accountants (ACCA) Global Executive Director Ms. Lucia Real-Martin on strengthening Pakistan’s economic reform agenda, professional skills development and private-sector growth. Read more
The government has allocated Rs74.92bn for 35 water-sector projects under the Public Sector Development Programme (PSDP) 2026-27, with the initiatives aimed at strengthening water storage, irrigation infrastructure, flood protection and urban water supplies across the country. Read more
Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs462,336 per tola, down Rs600. Read more
Cherat Cement Company Limited's (PSX:CHCC) Board has approved the appointment of KTrade Securities Limited as Manager to the Offer, for submitting the Public Announcement of Intention to Acquire at least 30% (33,177,164 shares) of Nimir Industrial Chemicals Limited, held by majority shareholders. Read more
The Pakistani rupee edged higher against the US dollar in the interbank market on Thursday, gaining 1.24 paisa to close at PKR 277.35 per USD versus Wednesday’s settlement of PKR 277.36. Read more
Pakistan’s benchmark KSE-100 Index tumbled 3,078.55 points or 1.79% on Thursday to close at 168,865.04, as a sharp rise in oil prices and intensifying tensions in the Middle East triggered broad-based selling at the Pakistan Stock Exchange. Read more
British International Investment (BII) is looking to significantly expand its investment footprint in Pakistan and mobilize greater private capital across infrastructure, climate finance, financial services, technology, SMEs and private markets. Read more
The government held wide-ranging discussions with the Gates Foundation on deepening collaboration across human capital, health, financial inclusion and digital innovation, with the Foundation's South Khyber Pakhtunkhwa programme, combining cash transfers, nutrition support, livelihoods training and access to citizen facilitation centres for women, expected to reach around 170,000 women and 450,000 children this year. Read more
Interloop Limited (PSX: ILP) posted a stellar performance for the year ended June 30, 2026, with its consolidated net profit more than doubling to Rs12.45bn from Rs5.65bn in the corresponding period last year. Read more
The government has reported significant progress on expanding affordable and inclusive finance across priority sectors, with SME financing reaching Rs1.067tr and agriculture finance touching Rs1.268tr by the end of August 2026, as the Finance Ministry pushes ahead with its Access to Finance Plan. Read more
Ghani Global Glass Limited (PSX: GGGL) has successfully commissioned and commenced operations of a 1.5 MW solar power generation system at a cost of Rs120 million. Read more
Kohat Cement Company Limited (PSX: KOHC) reported an 8% dip in its consolidated net profit for the fiscal year ended June 30, 2026, recording Rs10.70bn compared to Rs11.58bn in the preceding year. Read more
Kohat Cement Company Limited's (PSX:KOHC) Board of Directors has approved and recommended to members the renewal of investment in the form of a loan/advance of Rs600mn in Ultra Kraft (Private) Limited (UKPL), an associated company, under Section 199 of the Companies Act, 2017. Read more
IPAK Group posted a consolidated profit after tax (PAT) of Rs4.95bn for the year ended June 30, 2026, marking a sharp increase from Rs664 million recorded in FY2025. Read more
The Securities and Exchange Commission of Pakistan (SECP) has proposed a set of key reforms aimed at promoting Real Estate Investment Trusts (REITs), easing investment restrictions and creating greater flexibility for real estate schemes. Read more
Court has denied bail to four current and former officials of Unity Foods in a case involving alleged financial discrepancies running into Rs44.7 billion, with the hearing of their bail applications adjourned until September 12. Read more
The Special Investment Facilitation Council (SIFC) and Green Pakistan Initiative (GPI) are working together to introduce modern technology and improved seed varieties into the agricultural sector, with the government achieving a key policy-level milestone by clearing the way for genetically modified 'GM Maize' to be cultivated in Pakistan. Read more
Chery Master Pakistan has opened bookings for Chery Q at Rs1.5 million, ahead of its official launch at the Pakistan Auto Show on 18 September 2026. The company will announce Q’s pricing and complete commercial details at PAPS. Read more
Pakistan’s rupee is expected to remain broadly stable at around PKR278 per US dollar through 2026, supported by elevated interest rates, stronger foreign exchange reserves and improved access to international capital markets, according to an economic outlook by Fitch Solutions’ BMI. Read more
Pakistan's mineral wealth, including gold, copper and a wide range of industrial critical minerals across the country, offers major opportunities for investment under transparent and investor-friendly frameworks. Read more
The Asian Development Bank (ADB) has stated that its technical team and project consultants are actively working to finalize the design of the Main Line-1 (ML-1) railway project within October, after which it would move forward with procurement and subsequent stages in close coordination with the government. Read more
Pakistan has set up a dedicated pavilion at the China International Fair for Trade in Services (CIFTIS) 2026 in Beijing, providing Pakistani businesses an avenue to engage with Chinese companies and explore opportunities in trade, investment and services. Read more
The offer for sale of units of Naya Nazimabad Apartment REIT (NNAR), held on September 7 and 8, 2026, received applications for a total of 47,139,500 units against an issue size of 11,015,625 units, according to final subscription figures compiled by registrar CDC Share Registrar Services Limited. Read more
Gold moved higher on Thursday as a softer dollar lent support to the metal, with investors holding back ahead of a key U.S. inflation reading that could steer the Federal Reserve's next move on interest rates. Read more
The Federal Board of Revenue (FBR) has requested the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) leaders to effectively campaign for the retailers scheme so that the tax base can be broadened and the tax burden on already compliant taxpayers can be shared. Read more
Thatta Cement Company Limited (PSX: THCCL) has reached an in-principle understanding regarding the proposed restructuring of Pakistan Services Limited (PSL). Read more
Bank Makramah Limited (BML) has ended the potential equity investment proposal from DM Holdings Limited-led Consortium, which had been under consideration since June 11, 2026. Read more
The State Bank of Pakistan (SBP) has invited bids for buyback auctions of Pakistan Investment Bonds Floating Rate (PFL), targeting a total buyback range of Rs500bn-600bn. Read more
Oil prices extended gains on Thursday as intensifying tensions in the Middle East heightened concerns over further disruptions to global crude supplies. Read more
The government has apprised the Gates Foundation of significant progress on Pakistan's digital transformation agenda, with active merchants on digital payments rising from 0.5 million to 2.03 million, already surpassing the June 2026 target of 2 million, driven in part by a Rs3.5bn government subsidy on Raast QR that has spurred merchant adoption and behavioural change. Read more
The Asian markets traded lower on Thursday, extending Wall Street’s losses as a sharp rise in crude oil prices heightened concerns over inflation and economic pressure amid prolonged tensions in the Middle East. Read more
China and India, Asia's two largest producers of US-trained STEM PhDs, have diverged sharply in translating that talent into domestic scientific output, with China now producing several times more world-class research despite both nations training researchers of comparable quality abroad. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 168,865.04 261.33M | -1.79% -3078.56 |
| ALLSHR | 102,295.04 623.57M | -1.94% -2026.36 |
| KSE30 | 50,247.11 77.48M | -1.81% -925.02 |
| KMI30 | 239,393.54 89.44M | -2.13% -5220.44 |
| KMIALLSHR | 66,134.61 401.13M | -2.11% -1423.05 |
| BKTi | 47,147.62 27.12M | -1.68% -806.08 |
| OGTi | 34,242.17 7.09M | -2.08% -726.14 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 76,865.00 | 77,445.00 76,555.00 | -395.00 -0.51% |
| BRENT CRUDE | 107.60 | 109.97 107.21 | -0.03 -0.03% |
| RICHARDS BAY COAL MONTHLY | 130.00 | 0.00 0.00 | 2.10 1.64% |
| ROTTERDAM COAL MONTHLY | 140.00 | 0.00 0.00 | 0.15 0.11% |
| USD RBD PALM OLEIN | 1,228.00 | 1,228.00 1,228.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 102.41 | 104.46 102.16 | -0.07 -0.07% |
| SUGAR #11 WORLD | 18.76 | 18.88 18.24 | 0.36 1.96% |
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