MG Morning Breeze: Updates to Skim before Market

October 06, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• HSD Price cut by Rs1.88, petrol up Rs0.88 from Oct 6

The Ministry of Energy (Petroleum Division) has revised the ex-depot prices of petroleum products, reducing the price of High-Speed Diesel (HSD) by Rs1.88 per litre and raising the price of Motor Spirit (petrol) by Rs0.88 per litre, effective October 6, 2026. Read more

• Gold price in Pakistan rises Rs1,200 per tola

Gold price in Pakistan increased on Monday, with 24-karat gold being sold at Rs437,536 per tola, up Rs1,200. Read more

• RPL FY26 profit edges up 4%

Roshan Packages Limited (PSX: RPL) reported a 4% increase in its consolidated net profit for the fiscal year ended June 30, 2026, reaching Rs115m compared to Rs101.95m (restated Rs110.14m) in the preceding year. Read more

• SECP sees strong potential for inclusive insurance in Pakistan

Pakistan has a significant market for inclusive insurance, which can play an important role in social protection and achieving the Sustainable Development Goals (SDGs), said Michael J. McCord, Managing Director of MicroInsurance Centre (Milliman), while addressing the SECP Talk Series. Read more

• PKR gains marginally, settles at 277.06/USD

The Pakistani rupee (PKR) edged higher against the US dollar in Monday’s interbank trading, gaining 0.83 paisa to settle at PKR 277.06 per USD versus the previous close of PKR 277.07. Read more

• Flying Cement FY26 profit slips to Rs486m

Profit for the year at Flying Cement Company Limited (PSX: FLYNG) fell 25.03% year-on-year to Rs486.42m for the fiscal year ended June 30, 2026 (FY26), compared with Rs648.82m in FY25. Read more

• PSX Closing Bell: Bears Run Riot

The benchmark KSE-100 Index plunged 2,288.18 points or 1.36% on Monday to close at 165,867.31, as heightened local political uncertainty and elevated oil prices weighed heavily on investor sentiment. Read more

• GCIL’s G3 Oil & Gas LLP incorporated with SECP

Ghani Chemical Industries Limited (PSX: GCIL) has informed that G3 Oil & Gas Conversion LLP, which was previously described as “presently under formation,” has been duly incorporated with the Securities and Exchange Commission of Pakistan (SECP) on October 02, 2026, under the Limited Liability Partnership Act, 2017. Read more

• Exports on the move as September growth beats imports

Pakistan's goods exports grew faster than imports in September 2026 on both a year-on-year and month-on-month basis, a sign of strengthening export momentum, with shipments rising 17.6% YoY to $2.94bn from $2.50bn a year earlier and 16.1% MoM from $2.53bn in August. Read more

• Sazgar brings ARCFOX T5 REEV to Pakistan at Rs10.2m

Sazgar has introduced the ARCFOX T5 REEV, a range-extended electric SUV, in Pakistan, with bookings now open at Rs10.195 million for the standard variant and Rs10.495 million for the Apex trim, following its debut at the PakWheels New Wheels Expo 2026 in Karachi. Read more

• KOHP incurs Rs3.5m FY26 loss

Kohinoor Power Company Limited (PSX: KOHP) swung into an after-tax loss of Rs3.47m for the fiscal year ended June 30, 2026, compared to a net profit of Rs10.92m in the preceding year. Read more

• Attock Cement board recommends name change to Falcon Cement Limited

Attock Cement Pakistan Limited's (PSX:ACPL) Board of Directors has approved and recommended a change in the company's name to Falcon Cement Limited. Read more

• ZUMA clears acquisition of sim.market eSIM brand through UK subsidiary

Zuma Resources Limited (PSX:ZUMA) has approved the acquisition of 100% ownership and associated rights of the sim.market brand through its wholly owned subsidiary, Zuma Global Ltd, United Kingdom. Read more

• DGKC sees durable FY27 cement recovery on lower rates, reconstruction demand

The recovery in local cement dispatches that began in FY26 appears to rest on foundations more likely to persist than reverse, D.G. Khan Cement (PSX: DGKC) sees. An easier cost of borrowing and a gradual return of construction activity are the drivers, and flood rehabilitation should add to underlying demand over the medium term. Read more

• Pakistan, IMF near deal on review, $1.2bn disbursement in sight

Pakistan and the International Monetary Fund (IMF) are nearing the completion of discussions on the latest review of the country’s economic program, with negotiations expected to conclude by October 7, according to people familiar with the matter. Read more

• BBFL bets on capacity, margins and the Gulf for its next growth chapter

Big Bird Foods Limited (PSX:BBFL) intends to increase utilization of its production capacity, expand its value-added product portfolio, deepen its retail presence, strengthen institutional sales and progressively develop international markets. Read more

• US, South Korea at odds over Alaska LNG

The United States and South Korea are at odds over Seoul's planned energy investments in America, with President Donald Trump rejecting claims that he spoke too soon about South Korea joining a $50bn Alaska LNG project and warning that Seoul could face a doubled cost if it does not sign on soon. Read more

• Pakistan, Bangladesh explore higher textile trade

Pakistan Bangladesh have discussed ways to increase bilateral trade in textiles and allied sectors, including lowering trade barriers and putting into action the memorandum of understanding signed earlier between the two countries' garment industry bodies. Read more

• PIA to resume weekly Islamabad-Beijing flights from October 30

Pakistan International Airlines (PIA) will restart its regular weekly flight service between Islamabad and Beijing from October 30, re-establishing a direct air connection between Pakistan and China’s capitals. Read more

• UN Chief Guterres heads to Pakistan for U.S.-Iran mediation talks

UN Secretary-General Antonio Guterres is visiting Pakistan for four days to discuss Islamabad’s mediatory efforts in the U.S.-Iran conflict and its role in supporting negotiations between the two sides. Read more

• Gold hovers near $4,132 as Fed hike bets dip

Gold prices were steady on Monday as softer-than-expected US labour data sharply reduced market bets on an interest rate increase by the Federal Reserve this month, boosting the appeal of the non-interest-bearing metal. Read more

• Oil prices slip to $101 amid G7 stock release, rising Middle East exports

Oil prices fell on Monday as increased crude shipments from the Middle East and plans by Group of Seven (G7) countries to release emergency oil stocks eased near-term supply concerns, although risks to Gulf energy infrastructure remain amid the ongoing Iran war. Read more

• Sitara Energy FY26 profit plunges 49% to Rs59m

Profit for the year at Sitara Energy Limited (PSX: SEL) fell 49.21% year-on-year to Rs58.57m for the fiscal year ended June 30, 2026 (FY26), compared with Rs115.31m in FY25. Read more

• CPHL FY26 profit softens 11%

Citi Pharma Limited (PSX: CPHL) reported an 11% decline in its consolidated net profit for the fiscal year ended June 30, 2026, recording Rs790.33m compared to Rs892.04m in the preceding year. Read more

• NBP issues foreign exchange rates

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

• Asian markets gain on improving oil flows, easing yield concerns

Asian markets opened broadly higher on Monday, supported by signs of improving oil flows from the Middle East, although elevated U.S. Treasury yields continued to keep investors cautious. Read more

• TOMCL FY26 profit drops 74%

The Organic Meat Company Limited (PSX: TOMCL) reported a 74% decline in its consolidated net profit for the fiscal year ended June 30, 2026, recording Rs112.35m compared to a restated Rs429.79m in the preceding year. Read more

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