MG Morning Breeze: Updates to Skim before Market

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MG News | November 12, 2026 at 07:50 AM GMT+05:00

November 12, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The Oil and Gas Regulatory Authority (OGRA) has revised the ex-depot prices of petroleum products, reducing the price of Motor Spirit (petrol) by Rs3.00 per litre and High-Speed Diesel (HSD) by Rs7.00 per litre, effective November 12, 2026. Read more

Pakistan needs to expand its export base, improve access to financing for small and medium enterprises (SMEs), raise productivity and remove structural barriers to achieve sustainable economic growth, Minister of State for Finance Bilal Azhar Kayani said on Tuesday. Read more

The State Bank of Pakistan raised Rs586.71bn 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 Rs2,192.55bn received across four tenors. Read more

Gold price in Pakistan decreased on Wednesday, with 24-karat gold being sold at Rs427,436 per tola, down Rs3,400. Read more

Kot Addu Power Company Limited (PSX:KAPCO) has had its entity ratings maintained at A+/A1 by VIS Credit Rating Company Limited, which has also removed the Rating Watch and assigned a stable outlook on the medium to long-term rating. Read more

The Pakistani rupee (PKR) strengthened against the US dollar in the interbank market on Wednesday, gaining 3.08 paisa to close at PKR 276.62 compared to the previous session's closing of PKR 276.65. Read more

Pakistan aims to train one million young people in artificial intelligence (AI) skills and produce at least 10,000 AI PhDs over the next five years as the global AI economy is projected to reach $4.8 trillion by 2033. Read more

The benchmark KSE-100 Index concluded Wednesday's trading session at 179,083.80, showing a decrease of 251.44 points or 0.14%. Read more

Two additional systems of plastic closure manufacturing machines will be procured by Pakistan Synthetics Limited (PSX: PSYL) under a contract signed with SACMI Imola Italy, in line with rising demand for the company’s product. Read more

The government has told the international investment community that Pakistan is open for business, pointing to more than 500 regulatory reforms, a one-window facilitation centre and investor-friendly policy incentives, while inviting global investors to explore opportunities in sectors including information technology, agriculture, minerals, renewable energy, pharmaceuticals and tourism. Read more

Federal Public Sector Development Programme (PSDP) spending stood at Rs103.88bn in the first four months (July-October) of FY27, equal to 10.4pc of the Rs1 trillion annual allocation. The amount was well below the Rs412.29bn authorized for the period. Read more

A definitive agreement for the proposed restructuring of Pakistan Services Limited has been signed between Thatta Cement Company Limited (PSX: THCCL) and Fauji Foundation. Read more

Nvidia’s board has ordered an independent investigation into national security concerns surrounding CEO Jensen Huang, who has acknowledged infidelity after media reports tied him to Alice Huang, a senior Megaspeed executive that US intelligence officials reportedly suspect of acting as a Chinese intelligence asset, thrusting the Singapore-based cloud firm into the global spotlight. Read more

The Asian Development Bank (ADB) has approved contingent disaster financing facilities worth $500 million for Pakistan to strengthen its ability to prepare for and respond to natural disasters. Read more

A Riba free Subordinated Fund of up to Rs1bn is set to be transferred to Sindh Modaraba (PSX: SINDM), after approval by the board of directors of Sindh Modaraba Management Limited, the Modaraba Management Company. Read more

The National Database and Registration Authority (NADRA) has warned the public against the unauthorized use of its name, abbreviation, logo, insignia, trademarks and other related intellectual property. Read more

The government of Pakistan has acquired an additional debt of Rs571.36 billion during the week ended October 30, 2026, which brings its total net retirement for ongoing fiscal year 2027 to Rs2.13 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 Rs830.33 billion WoW to Rs45.15 trillion as of October 30, 2026, data released by State Bank of Pakistan (SBP) showed. Read more

The external debt of the Middle East, North Africa, Afghanistan and Pakistan region rose 5.8% year-on-year to $598bn in 2025, about 80% higher than the $332bn recorded in 2015, according to the World Bank Group’s International Debt Report 2026. Read more

The government is working to install smart meters on transformers across all Power Distribution Companies (DISCOs) to curb electricity theft, improve billing accuracy and protect consumers from overbilling. Read more

Oil prices rebounded on Wednesday after touching two-month lows in the previous session, as persistent shipping disruptions in the Strait of Hormuz offset optimism over a possible de-escalation of the Iran war. Read more

Pakistan’s external debt stock rose 4% year-on-year to $135.1bn at the end of 2025, nearly double the $68.7bn recorded in 2015, according to the World Bank Group’s International Debt Report 2026. Read more

A gas/condensate discovery has been made in the Basal Sands of the Lower Goru Formation at the Bitrisim Northwest-1 exploratory well in District Khairpur, Sindh, with the well yielding 12.8 million standard cubic feet per day (MMSCFD) of gas and 175 barrels of condensate per day during testing, Oil & Gas Development Company Limited (PSX: OGDC) said. Read more

The Federal Board of Revenue (FBR) has allowed late tax filers to join the Active Taxpayers’ List (ATL) without paying the Rs25,000 surcharge, through Form ATL-U introduced under SRO 2097(I)/2026. Read more

The Board of Directors of Shifa International Hospitals Limited (PSX: SHFA) has approved the voluntary winding-up of its subsidiary, Shifa Development Services (Private) Limited. 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 Wednesday on a mixed note, with gains in Japanese equities offset by losses across South Korea and Australia, as investors assessed concerns over rising U.S. inflation and the possibility of further Federal Reserve monetary tightening. Read more

Prime Minister Shehbaz Sharif has commended the engineers, technicians and workers from Pakistan and China for completing the dome placement of the Chashma-5 (C-5) Nuclear Power Plant well ahead of schedule, a key construction milestone for the 1,200MW project, which is expected to start generating electricity in September 2030. Read more

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Latest News
November 12, 2026 at 07:50 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


November 11, 2026 at 11:12 PM GMT+05:00

Petrol falls Rs3, diesel Rs7 per litre from November 12


November 11, 2026 at 05:16 PM GMT+05:00

SBP raises Rs587bn through MTB auction


November 11, 2026 at 05:00 PM GMT+05:00

Gold price in Pakistan falls Rs3,400 per tola



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