MG Morning Breeze: Updates to Skim before Market

November 10, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Gold price in Pakistan rises Rs3,200 per tola

Gold price in Pakistan increased on Monday, with 24-karat gold being sold at Rs432,336 per tola, up Rs3,200. Read more

• NCCIA recovers Rs1.4m in Rs21m online investment scam

The National Cyber Crime Investigation Agency (NCCIA) has recovered Rs1.4m in an alleged online investment fraud case involving more than Rs21 million, in which a Rawalpindi resident was reportedly duped through a WhatsApp group promising lucrative returns. Read more

• NCCIA warns citizens against fake Rs13,000 PM cash reward messages

The National Cyber Crime Investigation Agency (NCCIA) on Monday cautioned citizens against fraudulent messages falsely claiming that Prime Minister is offering a cash reward of Rs13,000, warning the public against clicking suspicious links or sharing sensitive personal and banking information. Read more

• SIFC assures KP business community of help in resolving bottlenecks

The Special Investment Facilitation Council (SIFC) has assured Khyber Pakhtunkhwa’s business community that it will work with federal and provincial authorities to resolve bottlenecks hindering business activity and investment, while pursuing regulatory reforms with the KP government to simplify business procedures and reduce regulatory hurdles. Read more

• PM lifts personal loan cap to Rs25m under youth schemes

Prime Minister Shehbaz Sharif has raised the ceiling on personal loans under the Youth Business and Agriculture Loan Schemes from Rs7.5mn to Rs25mn, and has also ordered that 30% of the loans under both schemes be set aside for women and that the minimum eligibility age be lowered from 21 to 18 years. Read more

• TDAP Overhaul: Time to Move Beyond Trade Fairs and Deliver Export Results

The Prime Minister's decision to overhaul the Trade Development Authority of Pakistan (TDAP) is welcome. Read more

• Gold gains over 1% on softer oil, weaker dollar

Gold prices climbed more than 1% on Monday as a decline in oil prices eased inflationary concerns, while investors turned their attention towards key U.S. inflation readings and upcoming signals from the Federal Reserve regarding its monetary policy direction. Read more

• Oil drops to $97 amid hopes of US-Iran peace deal

Oil prices declined at the start of Monday’s trading session after U.S. President Donald Trump indicated that further military action against Iran was unlikely, citing progress in negotiations aimed at ending the conflict. Read more

• Asian markets retreat on tech sell-off concerns, Japan rallies

Asian markets traded mostly lower on Monday, with South Korean shares extending losses following Friday’s sharp sell-off, while Japanese equities bucked the regional trend with notable gains. Read more

• Govt earmarks Rs300bn for SME exporters under Pak EXIM scheme

Pakistan has allocated Rs300 billion (approximately $1.1bn) exclusively for small and medium-sized enterprise (SME) exporters under the Export Finance Scheme (EFS) administered by the Pakistan Export-Import Bank (Pak EXIM). Read more

• Key Pakistan Market Stats and Economic Indicators

Weekly roundup of Key Economic releases and market data and statistics Read more

• SECP widens SE Fruits probe, examines Topline, Growth Securities submissions

Investigators have sought export records from seven banks and foreign-exchange data from 30, as the inquiry into the withdrawn IPO moves beyond the prospectus to the money trail. Read more

• Petrol price cut by Rs6.59, diesel by Rs4.25 per litre

The Oil and Gas Regulatory Authority (OGRA) has revised the ex-depot prices of petroleum products, reducing the price of Motor Spirit (petrol) by Rs6.59 per litre and High-Speed Diesel (HSD) by Rs4.25 per litre, effective November 7, 2026. The revised prices will remain effective till November 10, 2026, owing to a public holiday on November 9, 2026. Read more

• Weekly Market Roundup

The benchmark KSE-100 Index closed the week ended November 06, 2026, at 173,886.69 points, gaining 7,477.44 points, or 4.49% week-on-week (WoW), from 166,409.25 points recorded on October 30, 2026. Read more

• ABHI Microfinance Bank IPO oversubscribed 1.6x

ABHI Microfinance Bank Limited's initial public offering (IPO) was 1.6x oversubscribed in book building, which closed at a strike price of Rs 15.50 per share. Read more

• KPRA South region collects over Rs1.4bn in Q1 FY27

Khyber Pakhtunkhwa Revenue Authority (KPRA) has collected over Rs1.4 billion in revenue from its South Region during the first quarter of the financial year 2026–27, exceeding its quarterly revenue target against an annual goal of Rs4.4bn. Read more

• PSX Closing Bell: Bulls Head for the Exit

The benchmark KSE-100 Index closed Friday's trading session at 173,886.68, declining 1,493.18 points or 0.85%, as rising oil prices and renewed concerns over a possible military confrontation between the United States and Iran weighed on investor sentiment. Read more

• Online Ship, Boat Registration System goes live

The online Ship and Boat Registration System has become operational, allowing vessel owners to file registration applications electronically without visiting government offices. Read more

• Pakistan calls for stronger trade ties, easier financing across OIC

Pakistan has called for stronger economic cooperation among Islamic countries, improved access to trade financing and coordinated efforts to boost intra-OIC trade, emphasizing the need to translate collective commitments into practical economic outcomes. Read more

• Ahsan Iqbal wants media to track development outcomes

Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal has called on the media to take a more active role in spotlighting key national challenges, strengthening public accountability and keeping development priorities at the heart of national debate, saying the country’s future hinges on issues that are often drowned out by political controversy. Read more

• PKR edges higher against USD

The Pakistani rupee (PKR) posted a marginal gain against the US dollar in the interbank market on Friday, appreciating by 0.92 paisa to close at PKR 276.66 compared to the previous session's closing rate of PKR 276.67. Read more

• SHC orders Unity Foods Board reconstitution

The Sindh High Court (SHC) has directed Unity Foods Limited to fill vacant positions on its board of directors in a manner that gives Wilmar Pakistan Holdings Pte. Limited and/or its group a majority, bringing a potential resolution to the management deadlock at the listed food company. Read more

• BAFL completes sale of Afghanistan operations to Ghazanfar Bank

Bank Alfalah Limited (PSX: BAFL) has completed the sale and transfer of its Afghanistan business operations to Ghazanfar Bank, Afghanistan, with the deal closing on November 5, 2026. Read more

• PM Shehbaz approves TDAP overhaul

Prime Minister Shehbaz Sharif has approved the modernization of the Trade Development Authority of Pakistan (TDAP), aimed at boosting exports, widening the reach of Pakistani products in global markets and bringing local industries, including small and medium enterprises (SMEs), in line with export standards. Read more

• Gold price in Pakistan falls Rs6,500 per tola

Gold price in Pakistan decreased on Friday, with 24-karat gold being sold at Rs429,136 per tola, down Rs6,500. Read more

• Mustafa Ramday named PSO chairman

Pakistan State Oil Company Limited (PSO) has a reconstituted board of management headed by Mustafa Ramday as chairman and independent member, after the federal government reshaped it with immediate effect for a three-year term. Read more

• First IBL Modaraba plans subsidiary for EV Mobility, Trading

First IBL Modaraba (PSX: FIBLM) has accorded in-principle approval for the formation of a subsidiary, subject to obtaining requisite regulatory approvals and completion of all applicable legal and statutory formalities. Read more

• OMO Result: SBP injects Rs13.8tr

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 Rs13.76 trillion into the market of which Rs13.36tr were injected through reverse repo OMO. Read more

• Pakistan’s trade deficit widens to $3.9bn in October

Pakistan’s trade deficit widened 10.30% month-on-month (MoM) to $3.88bn in October 2026, compared to $3.52bn in September 2026, as imports rose at a much faster pace than exports during the month, according to provisional data released by the Pakistan Bureau of Statistics (PBS). Read more

• Aisha Steel raises CRC prices by Rs9,000 per ton

Aisha Steel Mills Limited (PSX:ASL) has raised the prices of its cold rolled coils (CRC) by Rs9,000 per ton, plus applicable taxes, across all thicknesses. Read more

• Weekly SPI increase by 0.29%

The Sensitive Price Indicator (SPI) increased by 0.29% week-on-week (WoW) during the week ended November 05, 2026, while registering a 12.31% year-on-year (YoY) increase, according to data released by the Pakistan Bureau of Statistics (PBS). Read more

• PM scraps 80% export condition for SME financing

Prime Minister Shehbaz Sharif has said the government will extend all possible assistance to small and medium enterprises (SMEs) to build their capacity, improve skills and expand business opportunities, directing the removal of the condition requiring SMEs to export at least 80% of their products to qualify for long-term financing. Read more

• PM directs coordinated polio eradication strategy

Prime Minister Shehbaz Sharif has directed the formulation of a comprehensive and coordinated strategy, in consultation with all four provinces, within a week to eradicate polio from the country. Read more

• Gold slips to $4,046 as oil rebounds

Gold prices slipped on Friday as a recovery in crude oil revived inflation concerns and strengthened bets that the Federal Reserve will keep interest rates high for longer, though the metal remained on course for a weekly gain ahead of the US payrolls report due later in the day. Read more

• Oil nears $100 as US-Iran military escalation fears grow

Oil prices edged higher on Friday as markets assessed the possibility of renewed military confrontation between the United States and Iran following the conclusion of the U.S. midterm elections, while also monitoring prospects for a diplomatic settlement. Read more

• Pioneer Cement signs deal for 15MW battery storage, 10MW solar installation

Pioneer Cement Limited (PSX: PIOC) has signed a contract with Pragmatic Engineering Solutions FZE and Sungrow Power Supply Co., Ltd., China, for the supply and installation of a 15 MW / 30 MWh Battery Energy Storage System (BESS), along with an additional 10 MW solar installation at its Chenki manufacturing facility in District Khushab, Punjab. Read more

• Pakistan, Sudan eye cooperation in trade, investment

Pakistan desires to further strengthen bilateral relations with Sudan, particularly in trade and investment, Prime Minister Shehbaz Sharif has said, noting that vast opportunities exist for cooperation in agriculture, defence, education and other sectors. Read more

• Pakistan, Russia identify IT opportunities in AI, cybersecurity, cloud

Pakistan and Russia are moving to turn government-level trust in technology into company-level contracts. A shortlist of concrete opportunities in cybersecurity, enterprise software, AI and cloud has been drawn up, with firms on both sides ready to pursue pilot projects. Read more

• Ahsan Iqbal seeks synergy between URAAN, Saudi Vision 2030

Pakistan, Saudi Arabia have agreed to deepen cooperation in development planning and explore new avenues of collaboration in economic development, investment, education, technology and human resource development. Read more

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