MG Morning Breeze: Updates to Skim before Market
MG News | October 07, 2026 at 06:00 AM GMT+05:00
October 07, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The Competition Commission of Pakistan (CCP) has approved a transaction involving Fatima Fertilizer Company Limited’s acquisition of shares in Agritech Limited, concluding that the deal does not raise competition concerns in Pakistan’s fertilizer market. 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 Rs1.91 per litre and raising the price of Motor Spirit (petrol) by Rs1.19 per litre, effective October 7, 2026. Read more
The total government domestic debt and liabilities have increased by 8.5% to Rs58.89 trillion in August 2026, compared to Rs54.28tr in August 2025, the latest data released by the State Bank of Pakistan (SBP) showed. Read more
Net savings mobilized through National Savings Schemes (NSS) rose 11.8% year-on-year (YoY) to Rs32.8bn in August 2026, up from Rs29.3bn in the same month last year. Read more
The total debt of the central government went up by 7.09% YoY to Rs82.95 trillion in August 2026, compared to Rs77.46tr in August 2025, the data released by the State Bank of Pakistan (SBP) showed. Read more
Pakistan’s payment ecosystem recorded significant expansion during fiscal year 2025-26, with digital channels accounting for the overwhelming majority of retail transactions, according to the State Bank of Pakistan’s (SBP) Annual Report on Payment Systems. Read more
Pakistan’s IT exports to the United Arab Emirates (UAE) surged 42% to $536 million in FY2025-26 from $376 million in FY2024-25, highlighting the growing technology and digital-services ties between the two countries. Read more
Cnergyico PK Limited (PSX: CNERGY) has laid out a three-pronged forward agenda built on upgrading its refinery, diversifying beyond road fuels into marine fuels and petrochemicals, and extending its reach through pipeline access, a growing retail network and digital customer channels. Read more
The Pakistani rupee edged up against the US dollar in the interbank market on Tuesday, closing at PKR 277.05 per dollar compared with the previous session’s close of PKR 277.06. Read more
The benchmark KSE-100 Index surged 2,592.79 points or 1.56% on Tuesday to close at 168,460.10, as broad-based buying returned to the market amid improved investor sentiment following Monday’s sharp sell-off. Read more
Operations at Fateh Sports Wear Limited (PSX: FSWL) are expected to restart as soon as a stay order is vacated and $2.00m of stuck-up funds is released, the company's management said in a progress report submitted to the Pakistan Stock Exchange (PSX) in response to the Exchange's letter dated October 02, 2026. Read more
Gold price in Pakistan remained unchanged on Tuesday, with 24-karat gold being sold at Rs437,536 per tola, unchanged from the previous session. Read more
Net loss of Service Industries Textiles Limited (PSX: SERT) widened 52.75% year-on-year to Rs111.36m for the fiscal year ended June 30, 2026 (FY26), compared with Rs72.90m in FY25. Read more
Prime Minister Shehbaz Sharif has said that no one will be allowed to damage the country's economy through protest politics, adding that the law will take its course to protect the lives and property of citizens, and has urged the PTI to call off its long march, in return for which the government will sit down with it for talks. Read more
The State Bank of Pakistan (SBP) has decided to introduce the Pakistan Express Clearing System (PECS), under which cheques will be cleared on the basis of captured images instead of physical instruments, with the pilot phase starting on October 15, 2026 and nationwide coverage to be completed by April 30, 2027. Read more
Pakistan and the International Finance Corporation (IFC) discussed measures to expand private-sector financing and investment, with a focus on entrepreneurship, SMEs, agriculture, affordable housing and public-private partnerships. Read more
The Ministry of Housing and Works, in collaboration with UN-Habitat Pakistan, has launched the National Housing Policy 2025, the country's first national housing policy update in nearly 25 years, setting out a renewed framework for adequate, affordable and sustainable housing. Read more
Finance Minister Muhammad Aurangzeb has said Pakistan possesses the fundamental strengths needed to attract investment, adding that these are increasingly being acknowledged by domestic and international stakeholders. Read more
The government has approved the establishment of special farms to raise imported livestock for export, along with restructuring of the livestock sector on corporate lines, as part of a push to lift the country's livestock and meat exports. Read more
Sazgar Engineering Works Limited (PSX: SAZEW) sold 2,474 four-wheeler units against production of 1,622 units during August and September 2026, according to a filing with the Pakistan Stock Exchange (PSX). Read more
Land worth approximately Rs867.75m has been purchased at main Raiwind Road, Lahore, to meet the future business requirements of Sazgar Engineering Works Limited (PSX: SAZEW). Read more
Pakistan's fish and seafood exports rose 74.4% in value to $125.4mn in the first quarter of FY27, up from $71.9mn in the same quarter of FY25, while export volumes climbed 74.8% over the same three-year period to 61,679 metric tonnes (MT). Read more
The Securities and Exchange Commission of Pakistan (SECP) has directed companies whose financial year ended on June 30, 2026, to hold their Annual General Meetings (AGMs) by October 28, 2026. Read more
Gold prices edged lower on Tuesday as a stronger US dollar and climbing Treasury yields weighed on the metal, although a fading outlook for a Federal Reserve rate hike this month helped cap the decline. Read more
Oil prices moved higher in early Tuesday trading, with investors weighing ongoing developments in the Middle East and the potential for further disruptions to global supplies. Read more
Pakistan’s economy is in a considerably better position than it was a few years ago. The country has moved away from acute external pressure and macroeconomic instability, and Prime Minister Shehbaz Sharif and his economic team deserve recognition for maintaining fiscal discipline, rebuilding reserves and keeping the economy on a path of stabilization. Read more
Khyber Tobacco Company Limited (PSX: KHTC) posted a net loss of Rs1.02bn for the fiscal year ended June 30, 2026 (FY26), compared with a profit of Rs274.65m in FY25. Read more
PICIC Insurance Limited (PSX:PIL) is in the process of implementing the sanctioned scheme of arrangement for the merger of Crescent Star Foods (Private) Limited with and into the company, including the issuance and allotment of approximately 7.9bn new ordinary shares. Read more
Image Pakistan Limited (PSX: IMAGE) reported a 13% decline in its consolidated net profit for the fiscal year ended June 30, 2026, recording Rs659.59m compared to Rs759.88m in the preceding year. Read more
Lotte Chemical Pakistan Limited (PSX:LOTCHEM) has changed its name to Noventra Limited with effect from October 5, 2026. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 168,460.11 192.37M | 1.56% 2592.79 |
| ALLSHR | 101,751.43 430.36M | 1.33% 1336.31 |
| KSE30 | 50,346.10 79.00M | 1.67% 827.62 |
| KMI30 | 242,001.97 76.88M | 1.89% 4490.69 |
| KMIALLSHR | 65,941.73 271.26M | 1.41% 917.47 |
| BKTi | 46,833.75 15.09M | 1.40% 648.42 |
| OGTi | 34,732.22 6.69M | 2.37% 802.83 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 85,620.00 | 85,855.00 85,575.00 | -240.00 -0.28% |
| BRENT CRUDE | 101.71 | 101.81 101.03 | 1.13 1.12% |
| RICHARDS BAY COAL MONTHLY | 128.50 | 0.00 0.00 | 1.40 1.10% |
| ROTTERDAM COAL MONTHLY | 144.40 | 145.45 144.40 | 0.55 0.38% |
| USD RBD PALM OLEIN | 1,167.50 | 1,167.50 1,167.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 90.50 | 90.61 89.62 | 1.06 1.19% |
| SUGAR #11 WORLD | 20.87 | 20.95 20.58 | 0.14 0.68% |
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