MG Morning Breeze: Updates to Skim before Market
MG News | September 28, 2026 at 06:00 AM GMT+05:00
September 28, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The role of privatization and the U.S. Export-Import Bank (EXIM Bank) in relation to Pakistan International Airlines (PIA) has been clarified by Adviser to the Finance Minister Khurram Schehzad. Read more
Weekly roundup of Key Economic releases and market data and statistics Read more
The benchmark KSE-100 Index closed the week at 170,765.22 points, down 119.37 points or 0.07% on a week-on-week basis from 170,884.59 points recorded on September 18, 2026. Read more
The Ministry of Energy (Petroleum Division) has revised the ex-depot prices of petroleum products, reducing the price of High-Speed Diesel (HSD) by Rs3.59 per litre and raising the price of Motor Spirit (petrol) by Rs2.02 per litre, effective from September 26, 2026 to September 28, 2026. Read more
Nearly 10,000 shopkeepers have registered under the Asaan Tax Scheme within a month of its launch, with 428 of them already having filed their tax returns, a review meeting on the scheme was told on Friday. Read more
KSE100 Index closed Friday's trading session at 170,765.22 showing an increase of 0.16 percent or 266.28 points. Read more
Pakistan and Rwanda are set to strengthen economic cooperation following the finalization of a Trade Cooperation Agreement, with the framework expected to create new avenues for bilateral trade, investment and private-sector collaboration. Read more
The Searle Company Limited (PSX: SEARL) swung to a consolidated net profit of Rs535.74m for the year ended June 30, 2026, reversing a loss of Rs1.37bn (restated) recorded in the corresponding period last year a complete earnings turnaround driven by the elimination of a substantial discontinued operations loss and strong core business growth. Read more
Trust Securities & Brokerage Limited (PSX:TSBL) is set to apply to the Pakistan Virtual Assets Regulatory Authority (PVARA) for licenses covering custody services, exchange services, and virtual asset transfer and settlement services. Read more
The Pakistani rupee (PKR) edged higher against the US dollar on Friday, appreciating by 1.17 paisa in the interbank market to close at PKR 277.16 per dollar, compared with the previous session’s close of PKR 277.17. Read more
Pakistan's central bank has never held this many dollars. On September 18, the State Bank's reserves stood at $21.40 billion, comfortably above the previous peak of $20.07 billion set in August 2021. It is a genuine milestone. It is also a slightly misleading one, because almost none of that money was earned. Read more
Gold price in Pakistan increased on Friday, with 24-karat gold being sold at Rs453,036 per tola, up Rs4,700. Read more
As global prices of petrol and diesel climb, calls to cut the petroleum levy are growing louder. Before we decide what should happen to it, it helps to understand what it is, what it pays for, and what the real choices are. Read more
The government reaffirmed its desire to deepen collaboration with the Aga Khan Development Network (AKDN), seeking to fully harness the potential for expanded cooperation in financial inclusion, tourism promotion, cultural preservation and community-led economic empowerment to advance sustainable and inclusive development in Pakistan. Read more
The State Bank of Pakistan (SBP) has launched the Pasban Remittance Rewards program to encourage overseas Pakistanis to send foreign remittances through formal banking channels, according to SBP Governor Jameel Ahmad. Read more
The government has invited vanaspati manufacturers to establish an edible oil industrial city at Port Qasim, offering to facilitate the industry and provide the necessary facilities for the proposed zone. Read more
The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs10.83 trillion into the market of which Rs10.26tr were injected through reverse repo OMO. Read more
The Capital Development Authority (CDA) has directed the sealing of marketing and site office buildings of "Itifaq Residencia," an illegal housing scheme located on Simly Dam Link Road, Zone-04 (D), Islamabad, for operating as a defaulter of the authority. Read more
BYD has crossed the milestone of 10,000 vehicles on Pakistani roads, marking the fastest ramp-up by a new-entrant New Energy Vehicle (NEV) brand in the country's automotive history, Mega Motor Company (MMC), the official partner of BYD in Pakistan, said. Read more
Pakistan's short-term inflation, measured by the Sensitive Price Indicator (SPI), increased by 0.99% for the week ended September 24, 2026, according to data released by the Pakistan Bureau of Statistics (PBS). Read more
Macter International Limited (PSX: MACTER) has launched Hepanox (Enoxaparin Sodium) in a Pre-filled Syringe (PFS) format, adding a low molecular weight heparin (LMWH) anticoagulant to its biopharmaceuticals portfolio. Read more
Pakistan State Oil Company Limited (PSX: PSO) reported a 2.2x surge in its consolidated net profit for the fiscal year ended June 30, 2026, reaching Rs31.58bn compared to Rs14.24bn in the preceding year. Read more
Prime Minister Shehbaz Sharif has invited increased American investment across key sectors of Pakistan's economy, including manufacturing, agriculture, IT, AI, and mines & minerals, terming the creation of a business-friendly environment a top priority of his government. Read more
Sazgar Engineering Works Limited (PSX: SAZEW) intends to introduce ARCFOX New Energy Vehicles (NEVs) in Pakistan, expanding its New Energy Vehicle portfolio Read more
Pakistan, Saudi Arabia and Turkiye have reviewed progress on establishing the institutional structures envisaged under the Makkah Joint Defence Agreement, reaffirming their commitment to deepening trilateral defence cooperation. Read more
The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Service Industries Limited (PSX:SRVI) at 'AA' for the long term and 'A1+' for the short term, with a stable outlook, unchanged from the previous rating action a year earlier. Read more
Insurance companies paid over 1 million claims in 2025, according to data released by the Securities and Exchange Commission of Pakistan (SECP). Read more
Pakistan has called for turning climate commitments into bankable projects and measurable outcomes, stressing that effective implementation requires sound policies, adequate financing and stronger project-delivery capacity. Read more
Pakistan reaffirmed its steadfast commitment to multilateralism and the central role of the United Nations in promoting international peace and development. Read more
Oil prices edged lower on Friday as markets balanced hopes of a potential truce between the United States and Iran against renewed security risks in the Middle East following Houthi attacks on Saudi Arabia. Read more
RLNG imports remained disrupted in September 2026, with PSO's volumes on the SNGPL transmission network declining to 201 mmcfd as only two cargoes were imported under long-term contracts, at slopes of 13.37% and 10.2%, respectively, while no spot cargoes were imported by PLL. Read more
Gold prices were flat on Friday but remained on course for a weekly loss, pressured by a stronger dollar and growing expectations that the Federal Reserve will keep interest rates elevated to contain inflation. Read more
LSE SPAC-II Limited (PSX: SPAC2) has acquired 269,000 ordinary shares of M.P. Industries Limited (MPIL) for a total consideration of Rs180 million. Read more
Pakistan Refinery Limited (PSX: PRL) has signed an Upgrade Agreement with the Government of Pakistan through Inter State Gas Systems (Private) Limited (ISGS), under the Pakistan Oil Refining Policy for Upgrade of Existing/Brownfield Refineries, 2023, as amended in August 2026. The agreement was signed on September 24, 2026, following approval from the Economic Coordination Committee (ECC) of the Cabinet. Read more
Big Bird Foods Limited (PSX: BBFL) reported a 4% increase in its net profit for the fiscal year ended June 30, 2026, reaching Rs1.17bn compared to Rs1.12bn (restated) in the preceding year. Read more
Asian markets traded mixed on Friday as investors weighed a sharp rise in global bond yields while monitoring developments surrounding the planned Trump-Xi meeting and easing tensions in the Middle East. Read more
Pakistan and Iran have reaffirmed their close, long-standing ties and agreed to work for regional peace, security and prosperity, with both sides emphasizng the need for regular consultations and close coordination to tackle challenges and seize opportunities. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Friday issued the following exchange rates. Read more
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 170,765.22 212.46M | 0.16% 266.28 |
| ALLSHR | 103,241.06 481.66M | 0.13% 137.96 |
| KSE30 | 50,813.89 65.25M | 0.15% 74.20 |
| KMI30 | 244,391.30 71.96M | 0.08% 186.13 |
| KMIALLSHR | 66,928.26 309.74M | 0.08% 55.24 |
| BKTi | 47,274.31 12.11M | 0.30% 141.41 |
| OGTi | 35,009.43 4.22M | 0.13% 46.86 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 84,485.00 | 85,595.00 84,120.00 | 65.00 0.08% |
| BRENT CRUDE | 105.53 | 106.47 105.06 | 1.21 1.16% |
| RICHARDS BAY COAL MONTHLY | 123.00 | 0.00 0.00 | -0.10 -0.08% |
| ROTTERDAM COAL MONTHLY | 136.55 | 0.00 0.00 | -0.20 -0.15% |
| USD RBD PALM OLEIN | 1,167.50 | 1,167.50 1,167.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 93.00 | 93.80 92.68 | 0.59 0.64% |
| SUGAR #11 WORLD | 18.54 | 0.00 0.00 | 0.04 0.22% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Weekly SPI
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|