MG Morning Breeze: Updates to Skim before Market
MG News | October 08, 2026 at 06:30 AM GMT+05:00
October 08, 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, raising the price of Motor Spirit (petrol) by Rs1.82 per litre and reducing the price of High-Speed Diesel (HSD) by Rs0.91 per litre, effective October 8, 2026. Read more
The State Bank of Pakistan (SBP) raised Rs376.74bn in face value terms through the auction of Pakistan Investment Bonds (Fixed Rate), comprising competitive and non-competitive acceptances, against total bids of Rs849.05bn received across five tenors. Read more
Pakistan and Poland have agreed to strengthen cooperation in security, intelligence sharing, counter-terrorism, illegal migration and coordination between their law enforcement agencies. Read more
Pakistan needs to raise exports to $100 billion by 2035 to achieve greater economic self-reliance and reach the vision of a $1 trillion economy, with the real estate and construction sectors expected to play a key role in this push. Read more
PM Shehbaz Sharif has directed the authorities concerned to speed up work on the upgrade of the Main Line-1 (ML-1) project and approved the use of identified Pakistan Railways land, worth billions of rupees, to secure bank funding for its construction through commercial projects. Read more
The benchmark KSE-100 Index closed Wednesday’s trading session at 168,580.40, gaining 120.30 points or 0.07%, as selective buying in technology, banking, and oil marketing stocks kept the index marginally in positive territory. Read more
The Pakistani rupee (PKR) extended its winning streak against the US dollar for the 255th consecutive session, appreciating by 3.31 paisa in Wednesday’s interbank trading to close at PKR 277.02 per USD, compared to the previous session’s close of PKR 277.05. Read more
Cnergyico PK Limited (PSX: CNERGY) has disclosed that the 70.73% shares of the company held by Bosicorco International Limited, Mauritius (BIL Mauritius) have vested with its wholly owned holding company, Busientco International Pte. Ltd., Singapore (BIPL Singapore). Read more
The Board of Directors of Cordoba Logistics & Ventures Limited (PSX: CLVL) has approved amendments to the loan agreement with shareholder and lender Mr. Danish Elahi, including the restructuring of repayment of the loan along with accrued mark-up. Read more
Ghani Global Holdings Limited (PSX: GGL) has said the Securities and Exchange Commission of Pakistan (SECP) has granted G3 REIT Management Limited a licence to undertake REIT Management Services as a Non-Banking Finance Company (NBFC), valid until October 1, 2029. Read more
Following the successful commissioning and trial run of its new Line-II, Flying Cement Company Limited (PSX: FLYNG) has achieved the Commercial Operations Date (COD) today. Read more
Gold price in Pakistan decreased on Wednesday, with 24-karat gold being sold at Rs434,436 per tola, down Rs3,100. Read more
Pakistan, Russia explored practical cooperation in seed development, crop protection, pesticides, micronutrients, advanced fertilisers, agricultural research, technology transfer and investment, with Islamabad pressing for collaboration that goes beyond imports of finished products to include local production, joint research and capacity building. Read more
The Securities and Exchange Commission of Pakistan (SECP) has introduced a Passive Equity Sub-Fund under the Voluntary Pension Scheme (VPS), which pension fund managers will be required to offer from January 1, 2027. Read more
Pakistan's twin deficits have fallen to 2.6% of GDP at the end of the last fiscal year (June) from a peak of 12.5%. Foreign exchange reserves have reached a record $21.4bn, Federal Finance Minister Muhammad Aurangzeb said at the 10th Annual Microfinance Conference, organized by the Pakistan Microfinance Network. Read more
Pakistan is emerging as a major supplier of artificial intelligence services in the Middle East, North Africa, Afghanistan and Pakistan (MENAAP) region, ranking among the top five global providers across more than 2,700 skill areas, the World Bank said, while warning that the country also accounts for nearly half of the region's extreme poor. Read more
Pakistan Germany discussed ways to deepen trade, investment and business-to-business cooperation, with the commerce minister inviting German companies to explore investment opportunities in Pakistan and take part in the upcoming FoodAg exhibition in Karachi. Read more
Continued investment in branch outreach, digital capabilities and people is set to anchor United Bank Limited's (PSX: UBL) growth momentum through 2026 and beyond, after a first half in which every operating area stayed on a growth trajectory, with solid profit growth and a consistent return on equity (ROE). Read more
Operations at Sally Textile Mills Ltd. (PSX: SLYT) have remained suspended since 2018, with no commercial production or business activity resumed during the quarters ended June 30, 2026, and September 30, 2026. Read more
Security Leasing Corporation Limited (PSX:SLCL) has settled dues with some of its creditors and is in negotiations with the rest, many of which are close to completion, as it works to resolve its outstanding matters and revive the company. Read more
Sitara Peroxide Limited (PSX:SPL)has repaid all its bank liabilities except a nominal amount owed to one bank, and is working towards restarting its shut plant after completing balancing, modernization and replacement (BMR). Read more
Systems Limited (PSX:SYS) is charting a growth path built on diversifying its revenue base across North America, the UK and Europe, APAC and the Middle East, while scaling its recent acquisitions and leaning on rising AI-led enterprise demand. Read more
More than a week after the general public finished subscribing to SE Fruits and Vegetable Limited's (SEFL) initial public offering, there is still no public word on how much of the retail portion was taken up, even though the deadline to allot shares passed on Tuesday, October 6. Read more
Gold prices edged lower on Wednesday as investors waited for the minutes of the US Federal Reserve's September meeting, hoping for clues on whether policymakers still lean towards more rate hikes. Read more
The government of Pakistan has retired a debt of Rs261.44 billion during the week ended September 25, 2026, which brings its total net retirement for ongoing fiscal year 2027 to Rs2.99 trillion, according to the central bank's weekly estimates. Read more
Broad money (M2), the most widely used measure of money supply in Pakistan, rose by Rs119.98 billion WoW to Rs44.22 trillion as of September 25, 2026, data released by State Bank of Pakistan (SBP) showed. Read more
A Qatari liquefied natural gas (LNG) shipment bound for Pakistan has crossed the Strait of Hormuz after Pakistan negotiated safe passage with Iran, according to traders with knowledge of the matter cited by Bloomberg. Read more
The Reserve Bank of India (RBI) has raised its benchmark repo rate, the rate at which it lends to commercial banks, by 25 basis points to 5.50%. Read more
Roshan Packages Limited (PSX:RPL) is aiming for sustainable and profitable growth, operational excellence and long-term value creation, with backward integration through its subsidiary Roshan Sun Tao Paper Mills (Private) Limited and a stronger, more diversified supply chain at the center of its plans. Read more
Lucky Cement Limited, along with Hub Power Holdings Limited, Kohat Cement Company Limited, and Metro Ventures (Private) Limited, has formed a consortium and submitted an Expression of Interest (EOI) and Statement of Qualification (SOQ) for the proposed acquisition of a 51% to 100% equity stake, along with management control, in Gujranwala Electric Power Company Limited (GEPCO). Read more
Two personnel of the Federal Board of Revenue (FBR) Enforcement Squad were martyred in a firing incident at Qureshi Mor on Bypass Road in D.I. Khan while performing their official duties. Read more
Pakistan is likely to face an overall water shortage of 22% during the upcoming Rabi season, with Punjab and Sindh expected to bear the full impact of the shortfall, according to the Indus River System Authority (IRSA). Read more
The Pakistan Stock Exchange (PSX) has rebalanced the Alfalah Consumer Index (ACI), revising the weights of its 20 constituents, with the changes taking effect from Wednesday, October 7, 2026. Read more
The Pakistan Stock Exchange (PSX) has re-composed the JS Momentum Factor Index (JSMFI), swapping out eight of its 10 constituents, with the revised basket taking effect from Wednesday, October 7, 2026. Read more
Oil prices moved higher on Wednesday as renewed attacks by Yemen’s Iran-backed Houthis on Saudi Arabia heightened concerns over potential disruptions to crude supplies from the Middle East. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates. Read more
Asian markets opened mixed on Wednesday, with investors weighing record highs on Wall Street against elevated U.S. bond yields and ongoing geopolitical concerns. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 168,580.41 244.16M | 0.07% 120.30 |
| ALLSHR | 101,946.18 585.86M | 0.19% 194.75 |
| KSE30 | 50,388.99 127.07M | 0.09% 42.89 |
| KMI30 | 241,862.45 89.53M | -0.06% -139.53 |
| KMIALLSHR | 65,958.74 391.55M | 0.03% 17.00 |
| BKTi | 46,868.04 8.39M | 0.07% 34.29 |
| OGTi | 34,520.11 5.92M | -0.61% -212.12 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 83,410.00 | 83,660.00 83,295.00 | -210.00 -0.25% |
| BRENT CRUDE | 101.73 | 101.80 100.76 | 1.53 1.53% |
| RICHARDS BAY COAL MONTHLY | 128.50 | 0.00 0.00 | 1.20 0.94% |
| ROTTERDAM COAL MONTHLY | 143.70 | 144.00 143.00 | -0.95 -0.66% |
| USD RBD PALM OLEIN | 1,167.50 | 1,167.50 1,167.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 89.48 | 89.55 88.77 | 1.20 1.36% |
| SUGAR #11 WORLD | 20.85 | 21.24 20.17 | 0.03 0.14% |
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