MG Morning Breeze: Updates to Skim before Market

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MG News | October 15, 2026 at 06:30 AM GMT+05:00

October 15, 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 Rs0.17 per litre and raising the price of Motor Spirit (petrol) by Rs1.20 per litre, effective October 15, 2026. Read more

The State Bank of Pakistan raised Rs685.53bn 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 Rs2,640.41bn received across four tenors. Read more

Finance Minister Muhammad Aurangzeb has highlighted Pakistan’s economic progress despite persistent challenges, citing a 22-year low fiscal deficit, consecutive primary surpluses and rising tax revenues during a panel discussion at the World Bank–IMF Annual Meetings 2026 in Bangkok, Thailand. Read more

US President Donald Trump has indicated that large-scale oil, gas and mineral exploration is about to begin in Greenland, claiming the Arctic island holds some of the world’s largest easily accessible oil reserves at a time when global energy prices remain elevated. Read more

The Pakistani rupee appreciated by 0.73 paisa against the US dollar in the interbank market on Wednesday, closing at PKR 276.95 compared to the previous close of PKR 276.96. Read more

Gulistan Textile Mills Ltd (PSX:GUTM) is selling all its assets under a court-sanctioned scheme of arrangement to settle its liabilities to secured creditors, and does not currently envisage starting or resuming commercial production or business operations. Read more

The benchmark KSE-100 Index concluded Wednesday's trading session at 165,417.50, showing an increase of 641.06 points or 0.39%. Read more

Billionaire investor Ray Dalio has warned that the supply of financial assets, both debt and equity, is very likely to be far larger than the demand for it, with US debt burden at their heaviest since World War II and a bond bear market that still has a long way to go. Read more

he Punjab government will provide interest-free loans worth Rs16.2bn to livestock farmers under Phase-II of the Livestock Card Scheme, targeting improved nutrition for 600,000 animals over the next two years to increase meat production. Read more

Pakistan needs to raise its exports to $100bn by 2035 to break the cycle of economic dependency, achieve sustainable growth and strengthen economic independence, as the country seeks to shift from consumption-driven expansion to production-led prosperity. Read more

Pakistan has reaffirmed its commitment to economic reforms, regional integration and multilateral cooperation while highlighting improvements in fiscal management, economic growth and external stability at a regional meeting with the International Monetary Fund (IMF). Read more

Gold price in Pakistan decreased on Wednesday, with 24-karat gold being sold at Rs437,836 per tola, down Rs3,000. Read more

The Securities and Exchange Commission of Pakistan (SECP) has approved the establishment of a Corporate Intelligence Unit (CIU) to proactively identify suspected financial fraud schemes, monitor illegal financial activities and help protect investors from potential losses. Read more

Governments in advanced economies, the US in particular, should be careful about relying too heavily on short-term debt, because it passes higher borrowing costs through to them faster when inflation surges, the International Monetary Fund (IMF) said on Wednesday, according to the Wall Street Journal. Read more

Quantum Data Technologies Limited (PSX: QTECH) has signed a Strategic Cooperation and Market Development Framework Agreement with China’s Guangzhou Great Power Energy & Technology Co., Ltd. to introduce and progressively undertake local assembly of advanced lithium-based battery energy storage systems. Read more

A further long-term equity investment of Rs86,963,390 in EFU Life Assurance Limited, an associated company, has been approved by the board of directors of Jahangir Siddiqui & Co. Ltd. (PSX: JSCL) at its meeting held on October 14, 2026. Read more

Pakistan and US have discussed progress towards a trade framework agreement, energy diversification through higher imports from the US, cooperation on critical minerals and investment financing, as the two sides reviewed bilateral economic cooperation. Read more

Pakistan and the European Union have agreed to strengthen bilateral relations and expand opportunities for skilled workers, as both sides seek closer cooperation in migration, institutional collaboration and border management. Read more

State Bank of Pakistan (SBP) has launched the second edition of its Banking on Equality (BoE) Policy to further narrow the gender gap and advance women’s financial inclusion in the country. Read more

Pakistan and Brazil have reaffirmed their resolve to expand defense ties, enhance institutional collaboration and promote professional exchanges between their armed forces. Read more

Foreign currency deposits rose by $31.31mn, or 0.45%, to $6.966bn in September 2026 compared to $6.935bn in the previous month, the latest data released by the State Bank of Pakistan showed. Read more

Pakistan, Russia should deepen cooperation in trade, energy, industrial development, regional connectivity and counterterrorism, and the goodwill between the two countries’ leaderships needs to deliver real benefits for their people. Read more

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

Oil prices climbed on Wednesday amid growing concerns over potential supply disruptions as fighting between Saudi Arabia and Iran-backed Houthi forces in Yemen intensified. Read more

Thatta Cement Company Limited (PSX: THCCL) has completed the second profit and principal payment on its Sukuk certificates, with all entitled Sukuk holders credited. Read more

Pakistan is pursuing diversified financing options, including Sukuk, Panda bonds and a proposed rupee-denominated, dollar-settled international bond, to lower borrowing costs, extend debt maturities and reduce rollover risks. Read more

Gold made little noise on Wednesday, with prices barely moving as traders stayed on the sidelines ahead of the US consumer price index (CPI) data, which could shape expectations on the Federal Reserve’s next move. Read more

Asian markets traded mixed on Wednesday as investors awaited the release of US inflation data for September, which could influence expectations for the Federal Reserve’s future interest rate decisions. Read more

Pakistan is targeting economic growth of 4% or higher in the current fiscal year, supported by macroeconomic stabilization, fiscal discipline and continued structural reforms, Finance Minister Senator Muhammad Aurangzeb told international investors at the Citi Macro Forum Session. Read more

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Latest News
October 15, 2026 at 06:30 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


October 14, 2026 at 05:40 PM GMT+05:00

SBP raises Rs685bn through MTB auction


October 14, 2026 at 05:26 PM GMT+05:00

Govt reports fiscal gains, debt falls to 68% of GDP



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