MG Morning Breeze: Updates to Skim before Market
MG News | September 25, 2026 at 07:42 AM GMT+05:00
September 25, 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, reducing the price of High-Speed Diesel (HSD) by Rs2.63 per litre and Motor Spirit (petrol) by Rs0.84 per litre, effective September 25, 2026. Read more
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $11.3 million or 0.05% WoW to $21.4 billion during the week ended on September 18, 2026, data released by State Bank of Pakistan showed on Thursday. Read more
Non-residents holding a Roshan Digital Account (RDA) are not required to file a return for RDA investments and are not charged non-filer rates, the Federal Board of Revenue (FBR) said. Read more
The SCRA balance increased by Rs.1.215bn during the week ending Sep 18, 2026 to close at Rs.28.98bn. Read more
Pak Datacom Limited (PDL) has raised its satellite bandwidth utilisation eightfold in a year, driven by growing demand for reliable, high-capacity connectivity across Pakistan, and now serves around 550 major government, financial and corporate institutions. Read more
Treet Battery Limited (PSX: TBL) has approved the conversion of Rs2 billion of its inter-company borrowing from Treet Corporation Limited (TCL) into ordinary shares, subject to approval from the company's shareholders and the Securities and Exchange Commission of Pakistan (SECP). Read more
The Overseas Investors Chamber of Commerce and Industry (OICCI) has called for Pakistan to use the gains from macroeconomic stabilization to accelerate private investment, exports, energy security and structural reforms during a meeting with a visiting International Monetary Fund (IMF) delegation. Read more
The Special Investment Facilitation Council (SIFC) and the World Bank (WB) have discussed ongoing initiatives to improve Pakistan's business environment, streamline regulatory processes and facilitate private-sector activity, with the Bank assuring continued support for business facilitation and regulatory improvements. Read more
Biafo Industries Limited (PSX: BIFO) recorded a broadly stable net profit for the year ended June 30, 2026, with profit for the period easing marginally by less than 1% to Rs388.94m from Rs389.49m in the corresponding period last year. Read more
The Pakistani rupee (PKR) strengthened by 3.10 paisa against the US dollar in the interbank market on Thursday, closing at PKR 277.17 per dollar compared with the previous session’s close of PKR 277.20. Read more
The benchmark KSE-100 Index plunged 1,733.57 points or 1.01% on Thursday to close at 170,498.94, as broad-based selling across key sectors erased most of the previous session’s gains. Read more
Tariq Glass Industries Limited (PSX: TGL) recorded a 16% decline in its net profit for the year ended June 30, 2026, with net profit for the year falling to Rs4.01bn from Rs4.78bn in the corresponding period last year. Read more
Cnergyico PK Limited (PSX: CNERGY) staged a massive turnaround for the fiscal year ended June 30, 2026, reporting a consolidated net profit of Rs11.18bn compared to a net loss of Rs3.59bn in the preceding year. Read more
Pakistan and Maldives have agreed on the importance of exploring new avenues to strengthen bilateral ties, with Pakistan calling for wider parliamentary exchanges and stronger cooperation in trade, investment, education, defence and climate change. Read more
Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs448,336 per tola, down Rs5,600. Read more
Pakistan has received $4.1 billion from the International Monetary Fund (IMF) under its current loan program, while the government has generally met the program’s conditions despite missing some targets, Finance Secretary Imdad Ullah Bosal told the National Assembly Standing Committee on Finance on Thursday. Read more
The government has welcomed the establishment of Huawei Pakistan's Repair Centre GSC in Islamabad, the country's first facility of its kind for telecom hardware equipment, saying it will create high-skilled jobs, cut foreign exchange outflows and help Pakistan shift from consuming technology to building it. Read more
Treet Battery Limited (PSX: TBL) recorded a 5% increase in its net profit for the year ended June 30, 2026, with profit after income tax rising to Rs42.27m from Rs40.43m in the corresponding period last year. Read more
The government has directed stakeholders to make advance arrangements to keep petroleum products flowing across the country in case of any law and order situation or road closures, while payments under the Prime Minister's Fuel Relief Scheme have reached over 8,500 of the 10,000+ petrol pumps so far. Read more
Pace (Pakistan) Limited (PSX: PACE) swung to a consolidated net profit of Rs1.23bn for the year ended June 30, 2026, reversing a loss of Rs528.45m (restated) recorded in the corresponding period last year a complete earnings turnaround driven by a dramatic surge in other income and a swing to profitability in continuing operations. Read more
Living and working outside Pakistan does not necessarily bring an individual’s Pakistan tax obligations to an end. Residential status is certainly important, but it is only the first question. The source of income, filing requirements, remittances, investments, wealth disclosures and transfers to family members must also be considered. Read more
Pakistan is applying international maritime rules across its maritime sector, with the government stressing effective enforcement, training and coordination between institutions. Read more
Prime Minister Shehbaz Sharif has assured the Pakistani diaspora that his government is working to make the country a more welcoming place to invest and do business, and urged overseas Pakistanis to put their capital into the country. Read more
Major refineries, including National Refinery Limited (PSX: NRL), Attock Refinery Limited (PSX: ATRL) and Cnergyico Pk Limited (PSX: CNERGY), have signed upgrade agreements with state-owned Inter State Gas Systems (Private) Limited (ISGS) to modernise their existing facilities under the Pakistan Oil Refining Policy for Upgradation of Existing/Brownfield Refineries, 2023, as amended in February 2024 and again in August 2026. Read more
Pakistan and the International Monetary Fund (IMF) discussed the country's forthcoming programme review, with Prime Minister Shehbaz Sharif reaffirming Islamabad's resolve to sustain the momentum of reforms and push ahead with structural measures to build a base for sustainable, inclusive growth. Read more
Pakistan and the European Union have reaffirmed their commitment to strengthening bilateral ties, with Prime Minister Muhammad Shehbaz Sharif stressing the importance of fully implementing the Pakistan-EU Strategic Engagement Plan. Read more
Gold prices traded lower on Thursday as bets on further US Federal Reserve tightening weighed on the metal, while softer oil prices provided a modest cushion. Read more
Pakistan could draw on China’s emerging zero-carbon infrastructure technologies as airports and other major facilities increasingly explore renewable energy solutions, with the Ordos Ejin Horo International Airport in Inner Mongolia offering a notable example of how clean energy can be integrated into large-scale infrastructure. Read more
Pakistan has warned the UN Security Council that an unregulated boom in artificial intelligence (AI) risks deepening global inequalities and endangering international peace, and called for guardrails, regulations and governance frameworks to keep the technology in check. Read more
The Consulate General of Pakistan in Jeddah has introduced an online appointment system for National Database and Registration Authority (NADRA) and Machine-Readable Passport (MRP) services, aimed at making consular services more efficient and reducing waiting times for Pakistani citizens in western Saudi Arabia. Read more
Bank Alfalah Limited (PSX:BAFL) will list its Rs20bn rated, unsecured, subordinated, privately placed term finance certificates (TFCs) on the Pakistan Stock Exchange (PSX) from Friday, 25 September, with trading set to begin on Monday, 28 September. Read more
At-Tahur Limited (PSX:PREMA) will list its Rs800mn rated, secured, privately placed sukuk certificates on the Pakistan Stock Exchange (PSX) from Friday, 25 September, with trading set to begin on Monday, 28 September. Read more
Pakistan is seeking to accelerate digital transformation and attract international investment while pursuing financing for key projects spanning aviation, refining and mining, including Pakistan International Airlines (PIA), refinery upgrades and the Reko Diq mining project. Read more
Pakistan is set to sign long-awaited agreements with major oil refineries today, paving the way for nearly $6bn in planned investments aimed at modernizing the country’s aging refining infrastructure. Read more
Agha Steel Industries Limited (PSX: AGHA) narrowed its net loss by 34% for the fiscal year ended June 30, 2026, recording a net loss of Rs4.74bn compared to a net loss of Rs7.21bn in the preceding year. Read more
Supernet Technologies Limited (PSX: STL) has reported consolidated profit after tax of Rs467m for the year ended June 30, 2026, compared with Rs78m in restated FY2025, while earnings per share increased to Rs4.03 from Rs1.39. Consolidated revenue stood at Rs8.08 billion, compared with Rs4.89bn in the previous year. Read more
K-Electric Limited (PSX: KEL) has said that an order passed by the NEPRA Appellate Tribunal on its appeals against the regulator’s October 2025 decisions carries a "substantial adverse impact" on its Multi-Year Tariff (MYT) for FY2024 to FY2030, rendering the framework financially unsustainable. Read more
Crude oil prices extended their decline for a fifth straight session on Tuesday, pressured by signs of easing supply concerns after the United States held hourslong talks with Iran and Saudi Arabia moved closer to restarting its key East-West oil pipeline. Read more
Asian markets traded mixed on Thursday, with investors monitoring developments surrounding the expected meeting between Chinese President Xi Jinping and U.S. President Donald Trump for signals on the future direction of U.S.-China trade relations. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 170,498.95 314.82M | -1.01% -1733.57 |
| ALLSHR | 103,103.10 757.94M | -1.08% -1128.70 |
| KSE30 | 50,739.70 126.19M | -1.06% -544.11 |
| KMI30 | 244,205.17 97.93M | -1.06% -2620.36 |
| KMIALLSHR | 66,873.02 444.70M | -1.20% -810.61 |
| BKTi | 47,132.90 22.64M | -0.97% -463.02 |
| OGTi | 34,962.57 7.69M | -1.18% -418.33 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 84,695.00 | 85,430.00 84,495.00 | 335.00 0.40% |
| BRENT CRUDE | 105.68 | 106.30 105.56 | -0.92 -0.86% |
| RICHARDS BAY COAL MONTHLY | 130.00 | 0.00 0.00 | 6.50 5.26% |
| ROTTERDAM COAL MONTHLY | 137.10 | 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 | 93.04 | 94.75 92.95 | -1.57 -1.66% |
| SUGAR #11 WORLD | 18.63 | 19.07 18.54 | -0.17 -0.90% |
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