MG Morning Breeze: Updates to Skim before Market

September 16, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Petrol price rises Rs4.1, HSD jumps Rs6.4 from Sept 16

The Ministry of Energy (Petroleum Division) has revised the ex-depot prices of petroleum products, raising the price of High-Speed Diesel (HSD) by Rs6.41 per litre and Motor Spirit (petrol) by Rs4.10 per litre, effective September 16, 2026. Read more

• SBP concludes First Cohort of its Regulatory Sandbox

The State Bank of Pakistan (SBP) has launched the First Cohort of its Regulatory Sandbox in August 2025, to foster innovation in digital financial services by testing innovative solutions in a controlled environment under the regulatory oversight of SBP, in line with SBP Vision 2028. Read more

• PSX recomposes KSE-100 Index, effective October 1

The Pakistan Stock Exchange has carried out a re-composition of the KSE-100 and KSE-100PR indices for the review period spanning March to August 2026, bringing in four companies and dropping four others under the exchange's index rules, effective October 01, 2026. Read more

• Pakistan’s insurance coverage remains low despite industry growth

Pakistan’s insurance industry is growing, but insurance penetration remains extremely low, CEO State Life Shoaib Javed Hussain said. Read more

• APAG marks PSX listing with Gong Ceremony

Agro Processors & Atmospheric Gases Limited (APAG), the maker of Soya Supreme cooking oil, formally joined the Pakistan Stock Exchange on Tuesday with a Gong Ceremony held at the PSX headquarters. Read more

• SMCPL flags fraudulent accounts misusing Arif Habib’s name

Safe Mix Concrete Limited (PSX: SMCPL) has cautioned investors against fake and fraudulent accounts and pages created on TikTok, Facebook and other online platforms, along with fraudulent telephone calls being made to clients of Arif Habib Group and members of the public. Read more

• PSX Closing Bell: Green Takes the Checkered Flag

Pakistan’s benchmark KSE-100 Index staged a strong recovery on Tuesday, gaining 1,421.67 points or 0.85% to close at 169,392.32, as broad-based buying across banks, cement, fertilizer and exploration stocks helped lift investor sentiment following the recent sell-off. Read more

• CDNS hits Rs325bn savings target in just 2 months

The Central Directorate of National Savings (CDNS) has mobilised Rs325 billion between July 1 and September 10, 2026, achieving its assigned savings mobilisation target for the period, according to official sources. Read more

• SECP targets digital transformation of Pakistan’s insurance sector

The Securities and Exchange Commission of Pakistan (SECP) held a Talk Series on the development and digitalization of the insurance market, attended by SECP Chairman Dr. Kabir Ahmed Sidhu, senior officials, and representatives of the insurance industry. Read more

• Gold price in Pakistan falls Rs4,000 per tola

Gold price in Pakistan decreased on Tuesday, with 24-karat gold being sold at Rs449,336 per tola, down Rs4,000. Read more

• PKR firms up against dollar, settles at 277.3

The Pakistani rupee (PKR) strengthened marginally against the US dollar during Tuesday’s interbank trading session, gaining 1.11 paisa to close at PKR 277.30 per USD, compared with Monday’s closing rate of PKR 277.31. Read more

• Govt issues first batch of green plates under Asaan Tax Scheme for traders

The government has issued the first batch of 50 green-coloured plates under the Asaan Tax Scheme, which marks a practical milestone for the initiative aimed at bringing small traders and shopkeepers into the tax net. Read more

• Pakistan, Canada to accelerate FIPA negotiations

Pakistan and Canada agreed to accelerate negotiations on the Foreign Investment Promotion and Protection Agreement (FIPA), with both sides expressing resolve to expand bilateral cooperation in agriculture, mining, clean energy, aviation and value-added industries. Read more

• Pakistan targets shift from IT services to tech products

Pakistan is targeting a shift from exporting IT services towards technology products, digital platforms and technology-driven industries as part of its broader economic transformation agenda, Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal said. Read more

• Mughal Steel profit doubles to Rs2.5bn, declares Rs2/share dividend

Mughal Iron & Steel Industries Limited (PSX: MUGHAL) posted a strong performance for the year ended June 30, 2026, with profit for the year more than doubling to Rs2.49bn from Rs965.52m in the corresponding period last year. Read more

• Oil climbs to $107 as Gulf supply fears intensify

Oil prices extended their gains on Tuesday as renewed attacks involving Saudi Arabia and Iran heightened concerns over crude supply disruptions across the Gulf region. Read more

• SBP to purchase GoP Ijara Sukuk worth Rs550bn on Bai Muajjal basis

The State Bank of Pakistan (SBP) has issued an auction tender notice for the outright purchase of GoP Ijara Sukuk by the Government of Pakistan on a Bai Muajjal (deferred payment) basis, with two auctions scheduled for September and October, carrying a combined target of Rs550bn. Read more

• Gold steadies around $4,288 amid Fed rate wait

Gold prices were largely unchanged on Tuesday, stabilizing after Monday's slide to a more than one-month low, with market participants turning their attention to the U.S. Federal Reserve's upcoming interest rate announcement for hints on where borrowing costs are headed next. Read more

• SBP targets to raise around Rs5tr: Auction Calendar Sep 26-Nov 26

The government is targeting to raise Rs5 trillion during the three months from September 2026 till November 2026 through the auction of Market Treasury Bills (MTBs) and Pakistan Investment Bonds (PIBs), according to the auction calendars released by the State Bank of Pakistan (SBP). Read more

• Federal SOEs deliver Rs35bn positive fiscal flow in H1FY26

Federal state-owned enterprises delivered a positive net fiscal flow of Rs35 billion in favour of the government during July-December 2025, as SOE contributions to the exchequer outpaced government support extended to the sector. Read more

• Securing Pakistan’s Digital Future: From Commitment to Resilience

Pakistan’s digital transformation has reached a stage where cybersecurity can no longer be treated merely as an IT matter. Banking, telecommunications, energy, health care, industries. government services and everyday communication increasingly depend on connected systems. Read more

• SBP flags stronger banking resilience, 9.1% balance sheet growth in H1CY26

The State Bank of Pakistan (SBP), in its Mid-Year Performance Review of the Banking Sector for H1CY26, reported that the banking sector's balance sheet expanded by 9.1% to Rs68,997 billion during the period, primarily driven by increased investments in government securities, compared to 11.0% growth in H1CY25. Read more

• Govt stresses need for predictable regulatory regime in power sector

The government emphasized the need for a clear, predictable and consistent regulatory framework in the power sector to facilitate private-sector participation, attract long-term investment and enhance efficiency and competition. Read more

• IFFCO reaffirms commitment to Pakistan, eyes expanded footprint

The Government of Pakistan reaffirmed its commitment to facilitating existing investors and expanding investment opportunities in the country's food and manufacturing sectors, as International Foodstuffs Company (IFFCO) expressed interest in further expanding its investment footprint in Pakistan. Read more

• Pakistan seeks greater Canadian investment in mining, agriculture, renewables

Pakistan and Canada discussed avenues for strengthening bilateral economic cooperation, with the two sides agreeing to continued engagement to support a more predictable and facilitative environment for investors, particularly in trade and investment. Read more

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