MG Morning Breeze: Updates to Skim before Market

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MG News | September 18, 2026 at 06:11 AM GMT+05:00

September 18, 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 Rs3.47 per litre and reducing the price of Motor Spirit (petrol) by Rs0.43 per litre, effective September 18, 2026. Read more

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $3.06 billion or 16.70% WoW to $21.39 billion during the week ended on September 11, 2026, data released by State Bank of Pakistan showed on Thursday. Read more

The State Bank of Pakistan (SBP) has categorically refuted reports circulating on social media regarding the purported discontinuation of the Rs10 banknote and the last date for its exchange. Read more

The SCRA balance decreased by Rs374.01m during the week ending Sep 11, 2026 to close at Rs27.76bn. Read more

Volatility in international petroleum markets and disruptions in global energy supplies have prompted the federal and Khyber Pakhtunkhwa governments to step up coordination on oil and gas supplies, exploration and production (E&P) security, and the province’s broader energy challenges. Read more

The Special Investment Facilitation Council (SIFC) has strengthened its investor facilitation mechanism to attract and connect domestic and international capital with investment opportunities across Pakistan’s priority sectors. Read more

The federal government has slashed fuel provision for official vehicles by 50% for three months and imposed a complete ban on the purchase of vehicles and durable goods, as part of a fresh round of austerity and fuel conservation measures effective immediately. Read more

The government has made registration for the Prime Minister’s Fuel Subsidy Scheme easier by waiving the charges on SMS applications, providing additional relief to low- and middle-income citizens. Read more

Pakistan needs to move beyond economic stabilization and focus on long-term, generational growth by strengthening competitiveness, innovation and private-sector participation, Adviser to the Prime Minister on Privatization Muhammad Ali said on Thursday. Read more

Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs453,436 per tola, down Rs3,800. Read more

The Bank of England's Monetary Policy Committee (MPC) voted by a majority of 6–3 to keep the Bank Rate unchanged at 3.75% at its meeting, with three members favouring a 0.25 percentage point increase to 4%. Read more

Pakistan and South Africa have reaffirmed their commitment to deepening bilateral ties, with a particular focus on parliamentary cooperation, legislation, institutional development and people-to-people contacts. Read more

The Pakistani rupee (PKR) posted a marginal gain against the US dollar during Thursday’s interbank trading session, settling at PKR 277.26 per USD compared to the previous close of PKR 277.27. Read more

Pakistan’s benchmark KSE-100 Index recovered strongly on Thursday, gaining 1,021.39 points or 0.61% to close at 169,043.19, as broad-based buying in exploration, banking and cement stocks lifted investor sentiment. Read more

Pakistan will go back to Beijing for a larger currency swap line when its existing 30-billion-yuan facility comes up for renewal in 2027, Finance Minister Muhammad Aurangzeb said, in remarks that underline how central Chinese liquidity has become to the country's reserve-management strategy even as it courts a separate financing arrangement with the United States. Read more

Ghandhara Industries Limited (PSX: GHNI) reported a 51% surge in its net profit for the fiscal year ended June 30, 2026, reaching Rs6.93bn compared to Rs4.58bn in the preceding year. Read more

Ghandhara Automobiles Limited (PSX:GAL) plans to undertake an expansion of its existing Paint Shop facilities at an estimated cost of Rs2.3bn, with the project scheduled for completion by the third quarter of financial year 2026-27. Read more

The Board of Directors of Loads Limited (PSX:LOADS) has approved and recommended to shareholders two proposed investments in Multiple Autoparts Industries (Private) Limited (MAIL), a subsidiary/associated company, subject to approval by way of special resolution under Section 199 of the Companies Act, 2017. Read more

In a significant ruling concerning employee pensions and retirement financial rights, the Federal Constitutional Court of Pakistan officially dismissed an appeal filed by the National Bank of Pakistan (NBP) on September 16, 2026. Read more

Wahdat Poultry Farm Limited (PSX:WAHDAT) has signed an offer letter with Saudi Pak Industrial and Agricultural Investment Company Limited for a short-term financing facility of Rs500mn. Read more

Ghandhara Automobiles Limited (PSX: GAL) reported a 57% surge in its consolidated net profit for the fiscal year ended June 30, 2026, reaching Rs6.42bn compared to Rs4.10bn in the preceding year. Read more

Automobile financing in Pakistan has increased to Rs393.4bn in August 2026, witnessing a rise of 1.84% MoM compared to Rs386.29bn recorded in July 2026, according to the latest data released by the central bank. Read more

The Government of Pakistan raised a combined Rs76.15bn in face value through its latest Government of Pakistan Hybrid Sukuk (GHS) auction conducted via the PSX Auction System, falling short of the aggregate pre-auction target of Rs100bn. Read more

Gold edged higher on Thursday as markets weighed the U.S. Federal Reserve's latest rate hike and signals that more tightening could be on the way, even as an earlier surge in oil prices began to fade. Read more

China remained the top import source for Pakistan during August, with $1.69 billion worth of payments, up by 12.5% against imports of $1.50bn in the same period last year. Read more

Oil prices extended their decline on Thursday as concerns over potential supply disruptions eased after Saudi Arabia began arranging alternative crude shipments following attacks on its key East-West pipeline. Read more

Prime Minister Muhammad Shehbaz Sharif directed the Small and Medium Enterprises Development Authority (SMEDA) on Wednesday to draw up a comprehensive strategy for extending financial assistance to small and medium-sized enterprises (SMEs) and businesspersons nationwide, with a focus on building their professional capacity and easing their access to global markets. Read more

Ferozsons Laboratories Limited (PSX: FEROZ) has entered into a royalty-free voluntary licensing agreement with Gilead Sciences for investigational once-yearly lenacapavir for HIV prevention as pre-exposure prophylaxis (PrEP). Read more

Textile exports drop by 12.48% MoM to $1.43bn in August 2026 compared to $1.64bn in July 2026, data released by the State Bank of Pakistan (SBP) showed. Read more

Naya Nazimabad Apartment REIT has commenced trading on the Main Board of the Pakistan Stock Exchange from today, Thursday, September 17, 2026, with settlement on a T+1 basis and the first settlement date falling on Friday, September 18, 2026. Read more

U.S.A. remained the top export destination for Pakistan during August, with $523.68mn worth of shipments, up by 5.4% against exports of $496.75mn in the same period last year. Read more

Pakistan High Commission in London hosted a Pakistan Investment Roundtable, bringing together leading investors and global financial management firms to discuss investment opportunities, economic reforms, and the country’s evolving investment landscape. Read more

Asian markets traded mixed on Thursday as investors assessed the impact of the U.S. Federal Reserve’s first interest rate hike in three years, while easing oil prices and ongoing Middle East tensions remained in focus. Read more

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

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September 18, 2026 at 06:11 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


September 17, 2026 at 10:56 PM GMT+05:00

HSD price rises Rs3.47/litre, petrol falls Rs0.43


September 17, 2026 at 09:23 PM GMT+05:00

SBP reserves surge $3.06bn to $21.39bn


September 17, 2026 at 09:04 PM GMT+05:00

SBP rejects reports of Rs10 banknote discontinuation



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