MG Morning Breeze: Updates to Skim before Market
MG News | November 02, 2026 at 07:26 AM GMT+05:00
November 02, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan's refiners have been handed the bill for keeping petrol prices unchanged. The new pricing mechanism could push their motor spirit (MS) margins deep into negative territory and erase a large share of sector profitability, according to Intermarket Securities (IMS). Read more
The Securities and Exchange Commission of Pakistan (SECP) has marked 39,704 companies “Inactive by Registrar” for failing to file annual returns and/or financial statements for four years. Read more
The State Bank of Pakistan (SBP) has released draft Open Banking Regulations for public consultation, aimed at fostering innovation, strengthening competition and widening access to efficient, customer-centric digital financial services in the country. Read more
The State Bank of Pakistan (SBP) has slightly decreased the rate of remuneration on the Special Cash Reserve Account (US$) to 2.9% for November 2026 from 2.91% in October 2026 but increase from 2.71% in September 2026. Read more
The benchmark KSE-100 Index closed the week ended October 30, 2026, at 166,409.25 points, gaining 4,034.37 points, or 2.48% week-on-week (WoW), from 162,374.88 points recorded on October 23, 2026. Read more
Weekly roundup of Key Economic releases and market data and statistics Read more
The Oil and Gas Regulatory Authority (OGRA) has revised the ex-depot prices of petroleum products, raising the price of High-Speed Diesel (HSD) by Rs2.29 per litre while keeping Motor Spirit (petrol) unchanged, effective October 31, 2026. Read more
The government has stressed deepening the corporate debt market and widening the issuer and investor base, as corporate debt issuances reached Rs291bn during January-September 2026, following Rs326bn raised in 2025, a 30% increase over 2024. Read more
Bank Makramah Limited (PSX: BML) posted a net loss of Rs5.78bn for the nine months ended September 30, 2026, compared with a profit after taxation of Rs875.02m in the same period last year. Read more
The benchmark KSE-100 Index closed Friday's trading session at 166,409.25, shedding 784.18 points or 0.47%, as renewed selling pressure across heavyweight sectors weighed on market sentiment amid rising oil prices and heightened Middle East tensions. Read more
Gold price in Pakistan decreased on Friday, with 24-karat gold being sold at Rs420,536 per tola, down Rs5,100. Read more
Hum Network Limited (PSX: HUMNL) recorded an 87% decline in its condensed interim consolidated net profit for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), posting Rs42.38m compared to Rs315.90m in the corresponding period of the previous fiscal year. Read more
Consolidated profit for the period of Mughal Iron & Steel Industries Limited (PSX: MUGHAL) fell 78.24% year-on-year to Rs201.40m for the quarter ended September 30, 2026, compared with Rs925.70m in the same period last year. Read more
The Pakistani rupee (PKR) posted a marginal gain against the US dollar in the interbank market on Friday, settling at PKR 276.75 per dollar compared to the previous close of PKR 276.76. Read more
Pakistan and Saudi Arabia have agreed to deepen collaboration on oil storage, refinery modernization and energy security, as Islamabad invited Saudi firms to build commercial crude storage in the country under a newly cleared bonded storage policy that carries no tax burden. Read more
The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs1.08 trillion into the market of which Rs886.15bn were injected through reverse repo OMO. Read more
Roshan Packages Limited (PSX: RPL) slipped into the red for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), posting a condensed consolidated net loss of Rs1.79m compared to a net profit of Rs30.29m in the corresponding period of the previous fiscal year. Read more
Profit for the period of Atlas Honda Limited (PSX: ATLH) rose 19.83% year-on-year to Rs11.53bn for the half year ended September 30, 2026, compared with Rs9.62bn in the same period last year. Read more
NetSol Technologies Limited (PSX: NETSOL) reported a 4.4x surge in its condensed interim consolidated net profit for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), reaching Rs326.64m compared to Rs74.73m in the corresponding period of the previous fiscal year. Read more
The board of directors has recommended that shareholders approve a buyback of up to 4 million ordinary shares, equal to about 4.45% of NetSol Technologies Limited’s (PSX: NETSOLE) current issued and paid-up capital. The recommendation was made at a board meeting on October 30, 2026. Read more
Binance has pledged to cover all losses from a security incident with an estimated impact of $6.3bn, after freezing around $3bn in crypto assets so far. Read more
The Sensitive Price Indicator (SPI) fell 0.35% week-on-week (WoW) in the week ended October 29, 2026, while recording a year-on-year (YoY) increase of 11.35%, according to the Pakistan Bureau of Statistics (PBS) Read more
Gold prices fell on Friday as rising oil prices stoked inflation worries and stronger-than-expected US inflation data bolstered expectations of another interest rate increase by the Federal Reserve before the year ends. Read more
ABHI Microfinance Bank plans to raise up to Rs3 billion through an initial public offering (IPO) of 132 million ordinary shares on the Pakistan Stock Exchange (PSX), with a floor price of Rs15 per share. Read more
On the night of October 12, Hong Kong’s securities regulator did something remarkable. While the city slept, the Securities and Futures Commission (SFC) served restriction notices on 31 brokerages and froze nearly HK$4.7 billion in assets. Read more
Oil prices climbed in early trading on Friday, extending their gains for a fourth consecutive month, as escalating Houthi attacks on Saudi Arabia heightened concerns over potential disruptions to regional oil supplies. Read more
Profit of Sitara Chemical Industries Limited (PSX: SITC) fell 42.90% year-on-year (YoY) to Rs199m in the three months ended September 30, 2026 (1QFY27), compared to Rs349m in the same period last year. Read more
The Pakistan Stock Exchange (PSX) has carried out the rebalancing of the Mahaana Islamic Index (MII30), based as of October 15, 2026, in accordance with the index rules available on the PSX website. Read more
The Aircraft Owners and Operators Association (AOOA) Pakistan has urged the government to reverse regulatory amendments allowing domestic airlines to employ foreign pilots for up to three years, citing unemployment among Pakistani aviators and pressure on foreign exchange reserves. Read more
Oil and Gas Development Company Limited (PSX: OGDC) reported a 53% surge in its condensed interim consolidated net profit for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), reaching Rs58.51bn compared to Rs38.30bn in the corresponding period of the previous fiscal year. Read more
Profit for the period of Pakistan Aluminium Beverage Cans Limited (PSX: PABC) fell 26.49% year-on-year to Rs4.16bn for the nine months ended September 30, 2026, compared with Rs5.66bn in the same period last year. Read more
Pakistan Stock Exchange (PSX) has launched its Shariah-Compliant Trading Counter following the approval of the Shariah Trading Counter Regulations by the Securities and Exchange Commission of Pakistan (SECP), giving retail and institutional investors a dedicated end-to-end ecosystem for Islamic investing. Read more
Cherat Packaging Limited (PSX: CPPL) reported an 9.5x surge in its net profit for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), reaching Rs154.43m compared to Rs16.16m in the corresponding period of the previous fiscal year. Read more
Merit Packaging Limited (PSX: MERIT) posted a net loss of Rs41.25m for the three months ended September 30, 2026, compared with a profit of Rs472.00m in the same period last year. Read more
Lalpir Power Limited (PSX: LPL) staged a sharp financial turnaround for the nine months ended September 30, 2026 (9MCY26), reporting a net profit of Rs119.93m compared to a net loss of Rs829.58m in the corresponding period last year. Read more
Net loss of TRG Pakistan Limited (PSX: TRG) stood at Rs6.78bn for the year ended June 30, 2026 (FY26), compared with a profit after taxation of Rs3.92bn in FY25. Read more
AGP Limited (PSX: AGP) reported a 9% decline in its consolidated net profit for the nine months ended September 30, 2026 (9MCY26), falling to Rs2.59bn compared to Rs2.85bn in the corresponding period last year. Read more
Citi Pharma Limited (PSX:CPHL) has acquired a 20% shareholding in Pakheim International Pharma (Private) Limited under a Share Purchase Agreement dated May 6, 2026. Read more
Haleon Pakistan Limited (PSX:HALEON) has commenced manufacturing of Panadol 500mg tablets at its own facility in Jamshoro, Pakistan. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 166,409.25 235.53M | -0.47% -784.19 |
| ALLSHR | 100,707.78 824.63M | -0.45% -457.17 |
| KSE30 | 49,026.65 68.91M | -0.60% -294.03 |
| KMI30 | 237,971.74 66.09M | -0.41% -986.42 |
| KMIALLSHR | 65,023.98 327.90M | -0.48% -312.08 |
| BKTi | 45,944.24 13.97M | -0.74% -340.31 |
| OGTi | 33,648.58 5.44M | -0.37% -124.48 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 78,665.00 | 78,820.00 76,820.00 | 1695.00 2.20% |
| BRENT CRUDE | 110.30 | 112.41 110.28 | -3.13 -2.76% |
| RICHARDS BAY COAL MONTHLY | 134.00 | 0.00 0.00 | 0.75 0.56% |
| ROTTERDAM COAL MONTHLY | 148.05 | 0.00 0.00 | 0.30 0.20% |
| USD RBD PALM OLEIN | 1,182.50 | 1,182.50 1,182.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 101.04 | 102.75 100.98 | -3.08 -2.96% |
| SUGAR #11 WORLD | 19.37 | 0.00 0.00 | 0.01 0.05% |
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