MG Morning Breeze: Updates to Skim before Market

October 02, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Petrol price up Rs3.26, diesel down Rs1.01 per litre

The Ministry of Energy (Petroleum Division) has revised the ex-depot prices of petroleum products, reducing the price of High-Speed Diesel (HSD) by Rs1.01 per litre and raising the price of Motor Spirit (petrol) by Rs3.26 per litre, effective October 2, 2026. Read more

• SBP reserves rise $39m to $21.44bn

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $38.9 million or 0.18% WoW to $21.44 billion during the week ended on September 25, 2026, data released by State Bank of Pakistan showed on Thursday. Read more

• SECP moves to revamp REIT rules to widen public access

The Securities and Exchange Commission of Pakistan (SECP) is revamping regulations governing Real Estate Investment Trusts (REITs) to make them more accessible to investors and commercially viable, SECP Chairman Dr Kabir Ahmed Sidhu said on Thursday. Read more

• SCRA balance rises to over Rs28bn

The Special Convertible Rupee Account (SCRA) balance increased by Rs507.44 million during the week ended September 25, 2026, closing at Rs27.89 billion. Read more

• Khaadi plans to raise up to Rs8.3bn through pre-IPO, IPO

Khaadi Pakistan Limited, one of Pakistan’s leading fashion retailers, plans to raise up to Rs8.3 billion through a combination of pre-IPO placement and an initial public offering (IPO) to expand its retail footprint and convert its outlets into larger “Experience Stores.” Read more

• All-new KIA Stonic introduced in Pakistan with two variants

The all-new Stonic compact SUV has been introduced in Pakistan in two variants, with the Turbo S offering a power tilt and slide sunroof, priced at Rs5.499 million, while the Turbo X is priced at Rs5.899m. Read more

• HBL PMI: Weaker New Orders Weigh on Manufacturing Activity

The HBL Pakistan Manufacturing PMI eased to 50.9 in September from 51.8 in August, marking the slowest expansion in manufacturing activity in three months. Growth moderated amid the ongoing impact of Middle East tensions filtering through the domestic economy. Read more

• PKR extends gains against USD, settles at 277.1

The Pakistani rupee (PKR) gained 1.22 paisa against the US dollar on Thursday, settling at PKR 277.10 in the interbank market, compared to the previous close of PKR 277.11. Read more

• Govt plans voluntary pension scheme for informal workers

Pakistan is considering a voluntary pension scheme for domestic workers, agricultural workers, self-employed persons and other informal workers currently outside the formal pension system. Read more

• Pakistan invites Saudi to invest across key sectors

Federal Minister for Board of Investment Qaiser Ahmed Sheikh has invited Pakistani businessmen based in Saudi Arabia to invest in Pakistan and pursue joint ventures across agriculture, IT, mining, manufacturing, energy, logistics and tourism. Read more

• Gold price in Pakistan falls Rs3,000 per tola

Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs438,636 per tola, down Rs3,000. Read more

• PSX Closing Bell: A Quiet Retreat

The benchmark KSE-100 Index concluded Thursday's trading session at 168,636.85, showing a decrease of 1,332.47 points or 0.78%. Read more

• MFFL FY26 profit doubles

Mitchell’s Fruit Farms Limited (PSX: MFFL) reported a 100% surge in its net profit for the fiscal year ended June 30, 2026, reaching Rs3.34m compared to Rs1.67m in the preceding year. Read more

• Kohinoor Energy, Juhang Energy sign MoU on battery joint venture

Kohinoor Energy Limited (PSX:KOHE) has signed a non-binding Memorandum of Understanding (MoU) with China's Hebei Juhang Energy Technology Group Co., Ltd. (Juhang) to consider a joint venture in Pakistan for the assembly, manufacturing, marketing and sale of lithium-ion battery packs, battery energy storage systems, and related products and associated electrical equipment. Read more

• OMO Result: SBP injects Rs729bn

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 Rs729.3bn into the market of which Rs579.3bn were injected through reverse repo OMO. Read more

• Honda Atlas discontinues BR-V model

Honda Atlas Cars (Pakistan) Limited (PSX:HCAR) has discontinued the production of its Honda BR-V model. Read more

• CDNS raises profit rates across key savings instruments

The Central Directorate of National Savings (CDNS) has revised profit rates upward across several of its key savings instruments, reversing the recent downward trend with gains of up to 74 basis points on selected certificates and accounts. Read more

• September inflation rises to 10.3%

The National Consumer Price Index (CPI) increased by 10.3% on a year-on-year basis in September 2026, easing from 11.1% in the previous month but remaining well above the 5.8% recorded in September 2025. Read more

• SOYASUP FY26 profit skyrockets 57%

Agro Processors & Atmospheric Gases Limited (PSX: SOYASUP) registered an impressive 57% surge in its net profit for the fiscal year ended June 30, 2026, reaching Rs875.57m compared to Rs557.16m in the preceding year. Read more

• September CPI seen at 10.39%

Pakistan’s headline inflation is projected to ease to 10.39% YoY in September 2026, according to Mettis Global’s estimate, slowing from 11.1% in August but remaining firmly in double digits as higher energy and transport costs offset a decline in food prices. Read more

• Senator Aurangzeb stresses govt focus on private sector-led growth

Finance Minister Muhammad Aurangzeb has reiterated the government's commitment to stabilising and strengthening the economy through structural reforms, a wider tax net, a bigger role for the private sector and greater foreign investment. Read more

• PSX adds record 25,281 new investors in September

Pakistan Stock Exchange (PSX) added 25,281 new investors in September 2026, the highest number for any single month, taking its total investor base to 656,218. Read more

• Gold flat on firm dollar

Gold traded little changed on Thursday as investors held back ahead of the US employment report, which could shape the Federal Reserve's next move on interest rates. Read more

• FBR busts wealth statement fraud involving Rs9.4bn

The Federal Board of Revenue (FBR) has uncovered a scheme in which 85 taxpayers illegally revised old wealth statements to absorb unexplained assets worth Rs9.41bn into their declared wealth, with a criminal case registered under the Anti-Money Laundering Act, 2010 and more being processed. Read more

• SGPL loss narrows 2% in FY26

S. G. Power Limited (PSX: SGPL) reported a slight reduction in its net loss for the fiscal year ended June 30, 2026, recording Rs8.21m compared to a net loss of Rs8.40m in the preceding year. Read more

• FBR tax collection reaches over Rs3tr in July-September

The Federal Board of Revenue (FBR) has provisionally collected around Rs3.072 trillion in taxes during the first quarter of fiscal year 2026-27, according to the latest data. Read more

• RTO Hyderabad collects Rs29bn in first quarter of FY27

Regional Tax Office (RTO) Hyderabad recorded provisional net collection of Rs28.788bn in the first quarter (July-September) of FY27, up 18% from Rs24.373bn in the same period of FY26. Read more

• Circular Debt: Are We Measuring the Right Problem?

Pakistan’s circular debt debate often begins and ends with one number: the stock outstanding at the end of the financial year. But that number, important as it is, does not tell the whole story. Read more

• Asian stocks dip as high bond yields keep markets cautious

Asian stocks were subdued on Thursday as investors weighed softer-than-expected US inflation data against elevated bond yields, higher oil prices and uncertainty over the outcome of US-Iran peace talks. Read more

• FCEPL deploys 450kW solar system to optimize energy utilization

In a significant step towards achieving a sustainable industrial ecosystem, FrieslandCampina Engro Pakistan Limited has announced the deployment of a 450 kW Solar Photovoltaic (PV) system integrated with a 255 kWh Battery Energy Storage System (BESS) at its Nara Dairy Farm facility. Read more

• NBP issues foreign exchange rates

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

• OGRA sets LPG maximum consumer price at Rs279.34 per kg

Oil and Gas Regulatory Authority (OGRA) has notified the maximum consumer price of LPG at Rs279,341.49 per metric tonne, or Rs3,296.23 for an 11.8kg cylinder (Rs279.34 per kg), effective October 1, 2026. Read more

• Govt raises Rs120bn in Hybrid Sukuk auction

The Government of Pakistan raised a combined Rs119.538bn in face value through its latest Government of Pakistan Hybrid Sukuk (GHS) auction conducted via the PSX Auction System, against its combined pre-auction target of Rs300bn. Read more

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