MG Morning Breeze: Updates to Skim before Market

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MG News | September 15, 2026 at 08:00 AM GMT+05:00

September 15, 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 Rs6.10 per litre and Motor Spirit (petrol) by Rs4.42 per litre, effective September 15, 2026. Read more

The Finance Division has directed that Eraj Hashmi, CFA, Director Operations/Chief Operating Officer in the Debt Management Office, shall head the Finance Secretary's Strategic Support Unit (FSSU), with immediate effect and until further orders. Read more

The Economic Coordination Committee (ECC) of the Cabinet today approved the draft upgrade agreements under the Pakistan Oil Refining Policy for Upgradation of Existing/Brownfield Refineries, 2023, as amended in August 2026. Read more

Pakistan's passenger car sales rose 36.4% year-on-year in August to 13,717 units, up from 10,057 units in August 2025, as per data released by the Pakistan Automotive Manufacturers Association (PAMA). Read more

Overall Business Confidence Index (BCI) fell by 0.5 points to 49.1 in September 2026, the latest results of the Business Confidence Survey (BCS), conducted by the State Bank of Pakistan (SBP) in collaboration with the Institute of Business Administration (IBA), showed. Read more

The Consumer Confidence Index (CCI) in Pakistan improved slightly to 36.6 points in September 2026, up from 36.4 points in August 2026, according to a survey report released by the State Bank of Pakistan (SBP). Read more

The Pakistani rupee posted a marginal gain against the US dollar in the interbank market on Monday, closing at PKR 277.31 per dollar compared with Friday’s close of PKR 277.32. Read more

The Federal Government has exempted locally manufactured or assembled hybrid electric vehicles with engine capacity up to 2000cc from the 25% sales tax levied on the supply of locally manufactured vehicles which brings it to the standard sales tax rate of 18%, through a notification issued by the Finance Division. Read more

The Central Directorate of National Savings (CDNS) has revised profit rates across its savings instruments, with most certificates and accounts posting cuts of 30-36 basis points, while short-tenor and Islamic savings products moved higher. Read more

Pakistan’s benchmark KSE-100 Index extended its decline on Monday, plunging 2,541.20 points or 1.49% to close at 167,970.65, as surging crude prices and mounting concerns over global oil supplies triggered broad-based selling at the Pakistan Stock Exchange. Read more

The Monetary Policy Committee (MPC) has unanimously decided to keep the policy rate unchanged at 11.5% in its meeting held on September 14, 2026. Read more

Pakistan Petroleum Limited (PSX: PPL) reported a 9% increase in its consolidated net profit for the fiscal year ended June 30, 2026, reaching Rs97.68bn compared to Rs89.95bn in the preceding year. Read more

Wahdat Poultry Farm Limited (WAHDAT) has expanded its export activities to the United Arab Emirates, with increased orders and shipments of its premium-quality enriched eggs. Read more

Gold price in Pakistan decreased on Monday, with 24-karat gold being sold at Rs453,336 per tola, down Rs3,800. Read more

Gilgit-Baltistan Chief Minister Amjad Hussain has directed authorities to expedite completion of the Naltar Phase-III Hydropower Project in Gilgit. Read more

Karachi Mayor Barrister Murtaza Wahab inaugurated a Rs14.5 million rehabilitation project comprising the renovation of Shadman Park and the establishment of an IT centre in Shadman Town, District Central. Read more

Millat Tractors Limited (PSX: MTL) has entered into a Distribution Agreement with Weichai LovolIntelligent Agricultural Technology Co. Ltd, China’s largest agricultural machinery manufacturer. Read more

Deputy Prime Minister Ishaq Dar has called for further strengthening Pakistan-China economic cooperation across trade, investment, connectivity and technology. Read more

Advisor to the Prime Minister on Political Affairs Rana Sanaullah Khan has said Parliament is the appropriate forum to debate the establishment of new administrative units. Read more

LSE Financial Services Limited (PSX: LSEFSL) is set to raise its paid-up share capital through the issuance of 159,000,000 additional ordinary shares via a Right Issue Read more

Gold prices retreated on Monday as a sharp rally in oil markets intensified inflation worries, strengthening the case for the US Federal Reserve to lift interest rates at this week's policy meeting. Read more

Crude oil prices surged after Saudi Arabia shut down its key East-West crude pipeline following a drone attack, intensifying concerns over global oil supplies amid the escalating conflict surrounding the Strait of Hormuz. Read more

Pakistan and Armenia have expressed interest in expanding bilateral cooperation, particularly in trade, investment, education and economic engagement. Read more

Pakistan and Bangladesh have discussed expanding bilateral cooperation across healthcare, pharmaceuticals, agriculture, science and technology and other sectors as both sides seek to build on improving relations. Read more

The Prime Minister’s Youth Programme and UN Women Pakistan have agreed to strengthen cooperation aimed at expanding leadership, entrepreneurship and professional opportunities for young women. Read more

Pakistan Railways has approved a strategic reform roadmap aimed at increasing freight operations, improving passenger services and expanding private-sector participation across the railway system. Read more

Supernet Technologies Limited (PSX: STL) has received subscriptions of nearly Rs898 million against its rights issue of approximately Rs914.77 million, showing a strong subscription rate of 98.16%. Read more

Pakistan and China have reaffirmed their commitment to expanding business-to-business cooperation in artificial intelligence and digital infrastructure. Read more

The government has declared a special petrol relief scheme offering a discount of Rs100 per litre to motorcycle, rickshaw, Qingqi rickshaw and small-car users amid a surge in global oil prices triggered by heightened tensions in the Middle East. Read more

Pakistan and African countries have reaffirmed their target of raising bilateral trade to $15 billion by 2030 as both sides seek to diversify economic relations and tap untapped investment opportunities. Read more

The Economic Coordination Committee (ECC) of the Cabinet is likely to approve draft upgrade agreements under the Pakistan Oil Refining Policy for Upgradation of Existing/Brownfield Refineries, 2023, as amended in August 2026, sources said. Read more

Prime Minister Shehbaz Sharif has warned that recent Houthi attacks on Saudi Arabia’s civilian and economic infrastructure could threaten regional security and disrupt global energy supplies. Read more

The Federal Board of Revenue has yet to formally notify the Income Tax Return for Tax Year 2026, even as taxpayers are being asked to file through the version already uploaded on the IRIS portal, the Karachi Tax Bar Association (KTBA) said in a letter to FBR, warning that the gap between availability and formal prescription leaves the return's legal status uncertain and could expose taxpayers to disputes down the line. Read more

Shifa International Hospitals Limited (PSX: SHFA) recorded an 11% increase in its consolidated net profit for the year ended June 30, 2026, with profit for the year climbing to Rs2.47bn from Rs2.23bn in the corresponding period last year. Read more

Asian markets fell on Monday as weakness in artificial intelligence-related shares weighed on investor sentiment, while renewed concerns over disruptions to Middle Eastern energy supplies pushed oil prices higher. Read more

Ecopack Limited (PSX: ECOP) reported a 22% increase in its net profit for the fiscal year ended June 30, 2026, reaching Rs414.88m compared to Rs339.84m in the preceding year. Read more

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

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Name Price/Vol %Chg/NChg
KSE100 167,970.66
232.94M
-1.49%
-2541.20
ALLSHR 101,619.88
568.01M
-1.53%
-1583.92
KSE30 50,088.38
75.22M
-1.48%
-750.85
KMI30 239,957.11
86.73M
-1.35%
-3288.50
KMIALLSHR 65,918.14
290.52M
-1.46%
-974.01
BKTi 46,692.31
37.36M
-1.72%
-817.24
OGTi 34,451.19
11.52M
-0.97%
-338.00
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,870.00 79,110.00
77,725.00
-1280.00
-1.62%
BRENT CRUDE 106.94 107.41
106.25
1.26
1.19%
RICHARDS BAY COAL MONTHLY 130.00 0.00
0.00
3.40
2.69%
ROTTERDAM COAL MONTHLY 140.00 0.00
0.00
0.95
0.68%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 102.77 103.16
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1.38
1.36%
SUGAR #11 WORLD 18.16 18.39
17.96
0.01
0.06%

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