MG Morning Breeze: Updates to Skim before Market

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MG News | October 01, 2026 at 07:01 AM GMT+05:00

October 01, 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 Rs1.89 per litre and Motor Spirit (petrol) by Rs0.14 per litre, effective October 1, 2026. Read more

A gong ceremony to commemorate the strong public response to the Naya Nazimabad Apartment REIT will be held at the Trading Hall of the Pakistan Stock Exchange (PSX) on Thursday, October 1, 2026. Read more

The State Bank of Pakistan raised Rs880.06bn in face value terms through the auction of Market Treasury Bills (MTBs), inclusive of competitive and non-competitive bids, against total face value bids of Rs2,726.41bn received across four tenors. Read more

Prime Minister Shehbaz Sharif is set to address investors at the Pakistan Stock Exchange (PSX) in Karachi on Thursday. Read more

SOYASUP's second-largest shareholder, Mr. Danish Elahi sold 5 million shares in nine days; one tranche landing squarely inside a company-declared Closed Period. Interestingly, under Section 130 of the Securities Act, 2015, Mr. Elahi is an “Insider” on two counts: by relation, and by possession. Read more

US, French and UK government bond markets have passed the point at which market forces alone can rescue them, with yields on all three now at or above the structural growth rate of their economies, raising the risk of a debt trap and, in France's case, a financial crisis before the April 2027 presidential election. Read more

IGI Holdings Limited (PSX:IGIHL)has completed the acquisition of a 98.31% stake in Akzo Nobel Pakistan Limited through its wholly-owned subsidiary, IGI Investments (Private) Limited, after paying a purchase price of Rs15.246 bn on September 30, 2026. Read more

Attock Cement Pakistan Limited's (PSX:ACPL) board of directors has approved the installation of Battery Storage Systems (BESS) of 20 MWh, along with a dedicated 5 MW solar power setup, at the company's plant site. Read more

The benchmark KSE-100 Index concluded Wednesday's trading session at 169,969.32, showing an increase of 368.92 points or 0.22%. Read more

Consolidated profit after tax of Treet Corporation Limited (PSX: TREET) rose 39.59% year-on-year to Rs779.33m for the fiscal year ended June 30, 2026 (FY26), compared with Rs558.29m in FY25. Read more

The Pakistani rupee (PKR) extended its appreciation streak against the US dollar to 250 consecutive sessions on Wednesday, gaining 4.3106 rupees or 1.56% over the period. Read more

Nishat Mills Limited (PSX: NML) reported a 9% decline in its net profit for the fiscal year ended June 30, 2026, recording Rs5.48bn compared to Rs6.01bn in the preceding year. Read more

Security Papers Limited (PSX:SEPL) has completed the upgrade project of its Paper Machine 2 (PM-2) and resumed normal operation and production at the plant with effect from September 30, 2026. Read more

Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs441,636 per tola, up Rs4,300. Read more

The Federal Board of Revenue (FBR) is likely to extend the deadline for filing income tax returns for Tax Year 2026 by 15 days, as trade bodies and tax bar associations seek more time for taxpayers to complete compliance requirements. Read more

Customs Enforcement in Gadani has seized smuggled goods worth over Rs154 mn, including the value of the vehicles used to carry them, in a series of intelligence-based operations across Makran Division, Lasbela and Hub in Balochistan. Read more

The government has finalized the modalities for the export of 200,000 metric tons of surplus sugar and approved the formation of a monitoring committee to keep regular checks on sugar prices in the domestic market. Read more

The Ministry of Finance has unveiled a strategic action plan to deepen Pakistan’s local currency bond market, targeting greater predictability in government debt issuance, stronger secondary-market liquidity, a broader investor base and reforms to financial-market infrastructure and taxation. Read more

The Federal Board of Revenue (FBR) said the Special Tax Scheme for Small Shopkeepers is currently in its initial implementation phase as the tax authority works to resolve practical and technical difficulties faced by traders during registration. Read more

Pakistan has invited Pakistani-American entrepreneurs and investors to explore opportunities across key sectors as the government seeks stronger business and investment linkages between Pakistan and the United States. Read more

The government has projected gross financing needs of Rs28.65 trillion for FY2026-27, equivalent to around 20% of GDP, as it plans to finance the federal fiscal deficit primarily through domestic borrowing while increasing reliance on longer-term debt instruments. Read more

Pakistan has called for transforming Central Asia Regional Economic Cooperation (CAREC) transport routes into integrated economic corridors covering infrastructure, logistics, digital connectivity, energy cooperation and climate resilience. Read more

Prime Minister Muhammad Shehbaz Sharif held meetings in London with senior executives of Barclays, J.P. Morgan, Citi, BlackRock and Rothschild & Co to discuss investment, capital markets and financial-sector opportunities in Pakistan. Read more

Pakistan and Bosnia and Herzegovina have discussed a roadmap to translate their existing science and technology cooperation into practical projects covering metrology, technical expertise and institutional capacity building. Read more

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Pakistan is planning a dedicated facility for the preservation and display of Buddhist relics and is exploring measures to attract more Buddhist pilgrims and tourists from across Asia. Read more

Pakistan plans to establish the country’s largest public facilitation centre under the Federal Ministry of Interior in Karachi, bringing multiple government services under one roof. Read more

Pakistan has received 21 new rescue and firefighting vehicles from China after a 17-year gap, expanding emergency response capacity in Islamabad. Read more

Pakistan has identified visa facilitation, direct air connectivity, and efficient logistics as key areas to expand bilateral trade, tourism, and business exchanges with Russia. Read more

Pakistan has told the International Monetary Fund (IMF) that it expects to raise about $15bn in foreign financing this fiscal year against external debt obligations of roughly $21.5bn, while the Fund pushed Islamabad to move faster on energy-sector reforms and stay within agreed limits on circular debt. Read more

Gold prices were largely steady on Wednesday with traders waiting for American inflation data for cues on the Federal Reserve's next move. Read more

Merit Packaging Limited (PSX: MERIT) staged a dramatic turnaround for the fiscal year ended June 30, 2026, reporting a net profit of Rs123.64m compared to a net loss of Rs599.67m in the preceding year. Read more

All commercial bank branches will remain open until 10:00pm on Wednesday, September 30, 2026, to facilitate taxpayers in making over-the-counter payments of government duties and taxes. Read more

Companies across Asia-Pacific have raised $327.1 billion through equity deals so far in 2026, putting the region on course to challenge the record fundraising level reached in 2021 as investment in artificial intelligence (AI) infrastructure drives demand for capital. Read more

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

Symmetry Group Limited (PSX: SYM) reported a 26% increase in its consolidated net profit for the fiscal year ended June 30, 2026, reaching Rs215.28m compared to Rs170.47m (restated) in the preceding year. Read more

The government of Pakistan and Standard Chartered Bank (SCB) have discussed future areas of cooperation, including tokenization, international Sukuk issuance and other financing options, along with possible capital market transactions to support the government's privatisation programme on both the buy-side and sell-side. Read more

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KSE100 169,969.33
217.01M
0.22%
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ALLSHR 102,892.63
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0.20%
206.37
KSE30 50,644.26
54.31M
0.37%
187.28
KMI30 243,608.50
54.80M
0.29%
708.93
KMIALLSHR 66,655.71
317.82M
0.13%
87.67
BKTi 47,135.99
14.01M
0.54%
251.49
OGTi 34,716.38
4.43M
-0.08%
-29.36
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 83,800.00 84,130.00
83,650.00
-125.00
-0.15%
BRENT CRUDE 97.69 98.53
97.63
-0.34
-0.35%
RICHARDS BAY COAL MONTHLY 128.50 128.50
128.50
5.00
4.05%
ROTTERDAM COAL MONTHLY 142.95 142.95
137.95
5.65
4.12%
USD RBD PALM OLEIN 1,167.50 1,167.50
1,167.50
0.00
0.00%
CRUDE OIL - WTI 89.94 90.69
89.86
-0.48
-0.53%
SUGAR #11 WORLD 18.62 19.12
18.53
-0.22
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