MG Morning Breeze: Updates to Skim before Market
MG News | October 29, 2026 at 07:50 AM GMT+05:00
October 29, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The US Federal Reserve kept its benchmark interest rate unchanged at a target range of 3.75% to 4% following its October policy meeting, as policymakers assess inflationary pressures from rising energy costs. Read more
The Ministry of Energy (Petroleum Division) has revised the ex-depot prices of petroleum products, raising the price of High-Speed Diesel (HSD) by Rs1.75 per litre and Motor Spirit (petrol) by Rs1.85 per litre, effective October 29, 2026. Read more
The State Bank of Pakistan raised Rs1,913.25bn 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 Rs4,867.93bn received across four tenors. Read more
Profit for the period of Engro Holdings Limited (PSX: ENGROH) fell 41.68% year-on-year to Rs48.42bn for the nine months ended September 30, 2026, compared with Rs83.03bn in the same period last year. Read more
The State Bank of Pakistan (SBP) has raised the minimum capital requirement (MCR) for banks and development finance institutions (DFIs), setting it at Rs20 billion for locally incorporated banks, including the Islamic banking subsidiaries of banks, and Rs10 billion for DFIs, with existing banks and DFIs required to meet the new levels by December 31, 2030. Read more
Net loss of Hascol Petroleum Limited (PSX: HASCOL) narrowed 19.04% year-on-year to Rs4.26bn for the nine months ended September 30, 2026, compared with Rs5.26bn in the same period last year. Read more
Ningbo Green Light Energy Limited (NGLEL) will be listed on the Pakistan Stock Exchange (PSX) with effect from Thursday, October 29, 2026, with trading on the Main Board starting the same day at an opening price of Rs21.06 per share. Read more
The Pakistani rupee strengthened against the US dollar in the interbank market on Wednesday, gaining 2.86 paisa to close at PKR 276.77, compared with the previous session's closing rate of PKR 276.80. Read more
The benchmark KSE-100 Index concluded Wednesday's trading session at 165,736.75, showing an increase of 1,269.55 points or 0.77%. Read more
The Bank of Khyber (PSX: BOK) reported a 52% decline in its consolidated net profit for the nine months ended September 30, 2026 (9MCY26), falling to Rs2.39bn compared to Rs4.97bn in the corresponding period last year. Read more
Ghani Chemworld Limited (PSX: GCWL) posted a net loss of Rs67.70m for the three months ended September 30, 2026, compared with a profit after taxation of Rs63.92m in the same period last year. Read more
The Pakistan Minerals Investment Forum 2026 (PMIF26) will be held on November 12–13 at the Jinnah Convention Centre in Islamabad, bringing together policymakers, local and international mining executives, investors, financial institutions and technical experts to explore investment opportunities in Pakistan's minerals sector. Read more
Treet Corporation Limited (PSX: TREET) posted a 41% increase in its consolidated net profit for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), reaching Rs185.16m compared to Rs131.72m recorded in the corresponding period of the previous fiscal year. Read more
A new wholly owned subsidiary, Hi-Tech Synthetics and Packages (Private) Limited, has been incorporated to house the Polymer Business Segment carved out of Hi-Tech Blending (Private) Limited (HTBL), the operating subsidiary of Hi-Tech Lubricants Limited (PSX: HTL). Read more
Fauji Fertilizer Company Limited (PSX: FFC) posted a 13% increase in its consolidated net profit for the nine months ended September 30, 2026 (9MCY26), reaching Rs71.02bn compared to Rs63.04bn in the corresponding period last year. Read more
Consolidated profit after taxation of Kohinoor Mills Limited (PSX: KML) rose 3.77% year-on-year to Rs58.73m for the three months ended September 30, 2026, compared with Rs56.60m in the same period last year. Read more
Kohinoor Power Company Limited (PSX: KOHP) posted a 32% decline in its net profit for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), recording Rs965,061 compared to Rs1.42m in the corresponding period of the previous fiscal year. Read more
Profit after taxation of Ghani Glass Limited (PSX: GHGL) rose 57.08% year-on-year to Rs1.11bn for the three months ended September 30, 2026, compared with Rs706.34m in the same period last year. Read more
Otsuka Pakistan Limited’s (PSX:OTSU) board has approved the restructuring of its manufacturing facilities at Hub, Balochistan, under which production of its 1,000 ml products will move from Production Line-II to Production Line-I from January 1, 2027, leaving Line-II closed and its filling machinery, carrying an amount of about Rs81mn, idle. Read more
Colgate-Palmolive (Pakistan) Limited (PSX: COLG) has entered into an Assets Purchase Agreement with Procter & Gamble Pakistan (Private) Limited on October 28, 2026, for the acquisition of land, a manufacturing facility and assets located at Port Qasim, Karachi, with completion of the transaction subject to approval from the Competition Commission of Pakistan (CCP). Read more
Agritech Limited (PSX: AGL) posted a net loss of Rs4.15bn for the nine months ended September 30, 2026, compared with a profit after taxation of Rs2.20bn in the same period last year. Read more
National Bank of Pakistan (PSX: NBP) reported a 26% decline in its consolidated net profit for the nine months ended September 30, 2026 (9MCY26), falling to Rs49.12bn compared to Rs66.33bn in the corresponding period last year. Read more
Consolidated profit after taxation of Hi-Tech Lubricants Limited (PSX: HTL) rose more than four-fold to Rs434.67m for the three months ended September 30, 2026, compared with Rs107.19m in the same period last year. Read more
Fast Cables Limited (PSX: FCL) recorded a 21% decline in its net profit for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), posting Rs305.18m compared to Rs387.64m in the corresponding period of the previous fiscal year. Read more
The Securities and Exchange Commission of Pakistan (SECP) and Iqra University have launched a two-month practical investment competition titled “Empowered Women Ethical Investments” for women across Pakistan. Read more
Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs425,636 per tola, up Rs3,500. Read more
Gold prices were steady in international trade on Wednesday, as a rally in crude oil fed concerns over inflation and investors held back ahead of the US Federal Reserve’s interest rate verdict later in the day. Read more
Oil prices rose on Wednesday as escalating Middle East tensions heightened concerns over potential disruptions to global crude supplies, following a reported Houthi attack on Saudi Arabia’s largest oil refinery. Read more
Profit for the year of Archroma Pakistan Limited (PSX: ARPL) rose 66.58% year-on-year to Rs1.96bn for the year ended September 30, 2026, compared with Rs1.18bn in the preceding year. Read more
The Hub Power Company Limited (PSX: HUBC) reported a 10% increase in its consolidated net profit for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), reaching Rs14.62bn compared to Rs13.28bn recorded in the corresponding period of the previous fiscal year. Read more
The power sector’s circular debt has declined to below Rs1.67 trillion from around Rs2.07tr, while annual government budget support for the Power Division is expected to fall to around Rs750bn this year, a minister told the Senate. Read more
BF Biosciences Limited (PSX: BFBIO) posted a 16% increase in its net profit for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), reaching Rs184.88m compared to Rs159.52m in the corresponding period of the previous fiscal year. Read more
Profit after taxation of Indus Motor Company Limited (PSX: INDU) rose 9.90% year-on-year to Rs7.38bn for the three months ended September 30, 2026, compared with Rs6.72bn in the same period last year. Read more
Nishat Chunian Power Limited (PSX: NCPL) reported a 1% increase in its net profit for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), reaching Rs558.25m compared to Rs552.15m recorded in the corresponding period of the previous fiscal year. Read more
Air Link Communication Limited (PSX: AIRLINK) posted a 36% decline in its consolidated net profit for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), clocking in at Rs1.02bn compared to Rs1.58bn recorded in the corresponding period of the previous fiscal year. Read more
Consolidated profit after taxation of Kohat Cement Company Limited (PSX: KOHC) rose 12.53% year-on-year to Rs3.31bn for the three months ended September 30, 2026, compared with Rs2.94bn in the same period last year. Read more
Net loss of Bata Pakistan Limited (PSX: BATA) widened 77.90% year-on-year to Rs633.41m for the nine months ended September 30, 2026, compared with Rs356.06m in the same period last year. Read more
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| KSE100 | 165,736.76 183.55M | 0.77% 1269.55 |
| ALLSHR | 100,358.84 576.80M | 0.63% 628.93 |
| KSE30 | 48,838.38 95.95M | 0.82% 395.98 |
| KMI30 | 236,957.59 69.35M | 0.56% 1324.07 |
| KMIALLSHR | 64,807.64 228.28M | 0.44% 286.49 |
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| OGTi | 33,535.09 4.10M | -0.08% -25.45 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 79,880.00 | 81,340.00 79,565.00 | -1645.00 -2.02% |
| BRENT CRUDE | 114.38 | 114.94 114.20 | -0.94 -0.82% |
| RICHARDS BAY COAL MONTHLY | 128.50 | 0.00 0.00 | 0.25 0.19% |
| ROTTERDAM COAL MONTHLY | 145.75 | 146.10 145.75 | -0.50 -0.34% |
| USD RBD PALM OLEIN | 1,182.50 | 1,182.50 1,182.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 101.54 | 102.31 101.44 | -1.24 -1.21% |
| SUGAR #11 WORLD | 19.36 | 19.51 19.20 | 0.16 0.83% |
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