MG Morning Breeze: Updates to Skim before Market
MG News | September 24, 2026 at 07:54 AM GMT+05:00
September 24, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
September 23, 2026 (MLN): The Ministry of Energy (Petroleum Division) has revised the ex-depot prices of petroleum products, reducing the price of High-Speed Diesel (HSD) by Rs4.21 per litre and Motor Spirit (petrol) by Rs1.93 per litre, effective September 24, 2026. Read more
Pakistan's broad money supply (M3) edged up in August 2026, partially recovering from the contraction seen in July, as growth in transferable deposits and National Savings balances outweighed a drop in currency in circulation. Read more
Pakistan's acute vulnerability to climate-related disasters, particularly floods affecting infrastructure and communities, was highlighted by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb at the World Economic Forum's "Financing Planet and Prosperity" meeting. Read more
The Committee constituted vide PM Directive on Inefficiencies and Electricity Theft in DISCOs decided to undertake a comprehensive technical audit of all DISCOs to determine the actual scale, causes and geographical concentration of power theft, as well as technical and commercial losses. Read more
Pakistan's olive cultivation drive has expanded to 60 districts under the PSDP Olive Project, engaging 12,000 farmers as the country builds a farm-to-fork value chain spanning cultivation, processing, quality control and value addition. Read more
Pakistan Stock Exchange-listed Nishat Mills Limited (PSX: NML) has secured shareholder approval to divest its entire shareholding in associated company Nishat Sutas Dairy Limited (NSDL) to Turkish dairy firm Sütaş Süt Ürünleri A.Ş. Read more
The benchmark KSE-100 Index closed Wednesday’s trading session at 172,232.51, gaining 830.43 points or 0.48%, as broad-based buying lifted the market amid cautious optimism over developments in the Middle East. Read more
D.G. Khan Cement Company Limited (PSX: DGKC) has signed an agreement with EBR Energy Pakistan (Pvt.) Limited, Sungrow Power Supply Co. Ltd., China, and Pragmatic Engineering Solutions FZE for the supply and erection of a 25MW PV solar power plant and a 10MWH Battery Energy Storage System (BESS) at its cement plant located at Mauza Khofli Sattai, Dera Ghazi Khan. Read more
The Pakistani rupee strengthened marginally against the US dollar in the interbank market on Wednesday, gaining 0.93 paisa to close at PKR 277.20 per dollar, compared with Tuesday’s closing rate of PKR 277.21. Read more
Nishat Mills Limited (PSX: NML) has signed an agreement with EBR Energy Pakistan (Pvt.) Limited, Sungrow Power Supply Co. Ltd., China, and Pragmatic Engineering Solutions FZE for the supply and erection of a 20MW PV solar power plant and a 35MWH Battery Energy Storage System (BESS) at its plants located at Bekhi and Ferozwatwan, Sheikhpura-Faisalabad Road. Read more
Pakistan and Hungary reaffirmed their commitment to further strengthening bilateral relations and enhancing cooperation in political, economic, trade and investment, business, education and people-to-people domains. Read more
Gold price in Pakistan decreased on Wednesday, with 24-karat gold being sold at Rs453,936 per tola, down Rs1,800. Read more
Economic growth across developing Asia and the Pacific is expected to slow to 5% in 2026 from 5.5% in 2025 before improving marginally to 5.1% in 2027, according to the Asian Development Bank’s (ADB) latest Asian Development Outlook (ADO) September 2026. Read more
The Securities and Exchange Commission of Pakistan has filed an appeal with the Supreme Court, vide JCM No. 34 of 2024, against the Sindh High Court order that had approved the Scheme of Compromises/Arrangement and Reconstruction between B.R.R. Guardian Limited (PSX: BRRG) and BRR Financial Services (Private) Limited. Read more
Pakistan and Bosnia & Herzegovina agreed to work towards elevating their bilateral relations into a robust, broad-based partnership anchored in trade and economic cooperation, with both sides reviewing the entire spectrum of political, economic, defence, skilled labour mobility, education and cultural ties. Read more
Gold prices retreated on Wednesday as investors factored in the likelihood that major central banks would keep borrowing costs elevated for a longer stretch in their bid to tame persistent inflation. Read more
The government of Pakistan has retired a debt of Rs783.38 billion during the week ended September 11, 2026, which brings its total net retirement for ongoing fiscal year 2027 to Rs2.76 trillion, according to the central bank's weekly estimates. Read more
Broad money (M2), the most widely used measure of money supply in Pakistan, dropped by Rs324.24 billion WoW to Rs44.02 trillion as of September 11, 2026, data released by State Bank of Pakistan (SBP) showed. Read more
Prime Minister Muhammad Shehbaz Sharif met Gates Foundation Chairman Bill Gates on the sidelines of the 81st Session of the United Nations General Assembly (UNGA 2026) in New York on September 23, 2026. Read more
Fazal Cloth Mills Limited (PSX: FZCM) confirmed a fire incident occurred in the Blow Room (Unit No. 10) at its Muzaffargarh production facility, with the situation promptly brought under control and the unit restored to normal operations, now running at full production capacity. Read more
Following an awareness session by the Securities and Exchange Commission of Pakistan (SECP), members of the Association of Builders and Developers (ABAD) have started considering converting their businesses into companies and registering Real Estate Investment Trusts (REITs). Read more
Climate resilience must begin with domestic macroeconomic stability and adequate fiscal and external buffers, with international support complementing rather than substituting national resources. Read more
Pakistan’s fiscal strategy for FY2027 is aimed at supporting economic activity while maintaining fiscal discipline under the International Monetary Fund (IMF) program, but ambitious revenue targets and rising defense and interest costs could further narrow the space available for growth-enhancing spending, the Asian Development Bank (ADB) said. Read more
Pakistan’s economic growth is expected to remain at 3.7% in FY2027, while inflation is projected to rise to 8.3% amid the continuing impact of the Middle East conflict and elevated global energy prices, according to the Asian Development Bank (ADB). Read more
SE Fruits and Vegetable Limited saw individual investors emerge as the largest allottee group in its Initial Public Offering Book Building conducted on September 21-22, 2026, picking up 11,789,315 shares across 39 successful bidders, against 10,710,685 shares allocated to 22 institutional investors, with the strike price determined at Rs40 per share. Read more
Pakistan’s Hepatitis C elimination programme has utilized only around 100,000 of nearly three million procured diagnostic tests, raising concerns over the pace of implementation. Read more
PIA’s fleet modernization and Pakistan’s broader aviation-sector cooperation were discussed during a meeting between Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb and Dr. Brendan Nelson, President of Boeing Global, on the sidelines of the 81st Session of the United Nations General Assembly (UNGA). Read more
ITANZ Technologies Limited has received an initial entity rating of 'BB+/B' (Double B Plus/B) from VIS Credit Rating Company Limited, with the Stable outlook applied to both ratings. Read more
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb highlighted the growing importance of energy security during a high-level dialogue hosted by the World Economic Forum (WEF) on “Powering Growth in the New Economy” on the sidelines of the 81st Session of the United Nations General Assembly (UNGA). Read more
Macter International Limited (PSX: MACTER) reported a 14% drop in its consolidated net profit for the fiscal year ended June 30, 2026, recording Rs675.17m compared to Rs786.93m in the preceding year. Read more
Pakistan’s IMF programme is a whole-of-government initiative involving multiple federal and provincial institutions, rather than a programme controlled solely by the Finance Division, the Ministry of Finance clarified. Read more
Macter International Limited (PSX:MACTER) has proposed a subdivision of its ordinary shares, reducing the face value from Rs 10 to Rs 2 per share, aimed to enhance market liquidity, improve investor accessibility and align the stock's price with broader market participation. Read more
Asian markets traded higher in early Wednesday trading, supported by easing oil prices and renewed hopes for a diplomatic resolution to the U.S.-Iran conflict following talks between the two countries. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates. Read more
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 172,232.51 274.87M | 0.48% 830.43 |
| ALLSHR | 104,231.80 771.06M | 0.45% 469.06 |
| KSE30 | 51,283.80 81.98M | 0.56% 285.23 |
| KMI30 | 246,825.53 115.50M | 0.88% 2160.35 |
| KMIALLSHR | 67,683.64 528.88M | 0.58% 392.70 |
| BKTi | 47,595.92 11.48M | 0.25% 116.71 |
| OGTi | 35,380.90 5.06M | 0.66% 231.80 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 84,210.00 | 84,635.00 83,740.00 | -285.00 -0.34% |
| BRENT CRUDE | 102.09 | 103.08 101.83 | -0.99 -0.96% |
| RICHARDS BAY COAL MONTHLY | 130.00 | 0.00 0.00 | 6.75 5.48% |
| ROTTERDAM COAL MONTHLY | 137.10 | 137.10 137.10 | -0.15 -0.11% |
| USD RBD PALM OLEIN | 1,228.00 | 1,228.00 1,228.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 91.29 | 92.79 91.25 | -0.87 -0.94% |
| SUGAR #11 WORLD | 18.83 | 18.96 18.26 | 0.27 1.45% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Disbursement Report of Foreign Economic Assistance
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|