MG Morning Breeze: Updates to Skim before Market

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MG News | November 13, 2026 at 06:02 AM GMT+05:00

November 13, 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 High-Speed Diesel (HSD) by Rs4.00 per litre and Motor Spirit (petrol) by Rs3.00 per litre, effective November 13, 2026. Read more

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $11.3 million or 0.05% WoW to $21.57 billion during the week ended on November 06, 2026, data released by State Bank of Pakistan showed on Thursday. Read more

Prime Minister Shehbaz Sharif has called for grant-based financing, including public-private partnerships, along with a significant increase in resilience and adaptation funds, especially for struggling economies facing climate disasters. Read more

Jensen Huang is stepping down as chief executive of Nvidia, ending a 33-year run at the chipmaker he co-founded and built into a $4tr company at the centre of the artificial intelligence boom. Read more

The SCRA balance decreased by Rs.2.29bn during the week ending Nov 06, 2026 to close at Rs.36.67bn. Read more

Petroleum Minister Ali Pervaiz Malik witnessed the signing of an agreement between Ivanhoe Mines and Mari Minerals to explore copper and gold deposits in Chagai, Balochistan, on the sidelines of the Pakistan Minerals Investment Forum (PMIF). Read more

Pakistan’s listed corporate profits grew 25% year-on-year in 9M2026 (Jan-Sep), the strongest nine-month growth since 2023, as earnings improved across major industries. Read more

The Pakistani rupee posted marginal gains against the US dollar in the interbank market on Thursday, appreciating 0.77 paisa to close at PKR 276.61 compared to the previous session's closing of PKR 276.62. Read more

The Federal Constitutional Court (FCC) of Pakistan has dismissed a large batch of review petitions filed by corporates and individual taxpayers against its short order/judgment of January 27, 2026, which upheld the constitutional validity of the super tax levied under sections 4B and 4C of the Income Tax Ordinance, 2001. Read more

Pakistan has pushed about Rs10 trillion of Sukuks through the finishing line, with issuance in 2026 reaching Rs4.4tr, a 113% year-on-year increase, said Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, at a ceremony marking the milestone, held alongside the issuance of Hybrid and Short-Term Sukuk. Read more

The benchmark KSE-100 Index extended its decline on Thursday, losing 1,710.04 points or 0.95% to close at 177,373.76, as reports circulating in certain media regarding the possible release of former Prime Minister Imran Khan on bail added to political uncertainty and weighed on investor sentiment. Read more

Pakistan’s passenger car sales jumped 60.1% year-on-year in October to 21,635 units, up from 13,513 units in October 2025, as per data released by the Pakistan Automotive Manufacturers Association (PAMA). Read more

The Securities and Exchange Commission of Pakistan (SECP) has held an awareness session on fire and property insurance in collaboration with the Rawalpindi Chamber of Commerce and Industry (RCCI), to stress the need for businesses to protect their assets against fire-related risks and financial losses. Read more

Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs416,536 per tola, down Rs10,900. Read more

Pakistan and Finland have agreed to work towards a forward-looking partnership covering trade and investment, education and skills development, technology, climate resilience and people-to-people contacts. Read more

Pakistan and Iran have reaffirmed their close and longstanding ties and agreed to strengthen bilateral relations across all areas of mutual cooperation, while also exchanging views on the evolving regional situation. Read more

Walk into any car showroom in Pakistan this month, and the question is the same: buy now, or wait? Read more

Crescent Fibres Limited (PSX: CFL) has approved the sale of its approximately 14-acre leasehold land and buildings located at Nooriabad, District Jamshoro, to Alkaram Spinning Mills (Private) Limited for Rs1.25 billion. Read more

Taxpayers will be informed electronically of factual or legal errors and discrepancies detected in their income tax returns before any legal or penal action is initiated, under a new automated scrutiny procedure notified by the Federal Board of Revenue (FBR). Read more

The benchmark KSE-100 Index was trading at 177,715.98 points by 12:42pm on Thursday, down 1,367.82 points or 0.76%, after surrendering its early-session gains amid renewed uncertainty following reports circulating in certain media regarding the possible release of former Prime Minister Imran Khan. Read more

Pakistan and Uzbekistan have explored ways to expand bilateral cooperation in agricultural research, seed development, horticulture and livestock, with an emphasis on modern technologies and climate-resilient farming practices. Read more

Shareholders of Fast Cables Limited (PSX: FCL) have approved the use of surplus initial public offering (IPO) proceeds of Rs750.46m, together with the profit earned on them, for working capital, after the principal purposes of the IPO and the commitments made in the prospectus were fulfilled. Read more

Federal Commerce Minister Jam Kamal Khan has called for investor-friendly policies, competitive taxation, lower import duties on specialised mining equipment and closer federal-provincial coordination to draw international investment into Pakistan’s largely untapped mineral sector. Read more

Pakistan and Spain have agreed to strengthen agricultural cooperation, with a focus on olive cultivation, olive oil production, modern farming technologies and sustainable water management. Read more

Gatron (Industries) Limited’s (PSX:GATI) Scheme of Arrangement under Section 279 of the Companies Act, 2017, with Nova Frontiers Limited and Ghani & Tayub (Private) Limited and their respective members, has been approved by the High Court of Balochistan, Quetta. Read more

Pakistan paid $14.44bn on external public debt servicing during July-June 2025-26 against Foreign Economic Assistance (FEA) disbursements of $16.16bn, according to the Ministry of Economic Affairs’ annual report on Foreign Economic Assistance released on Wednesday. Read more

Nvidia Corporation shares closed at $173.73 on NASDAQ on Wednesday, up $4.84 or 2.87%, before sliding $13.66 or 7.86% to $160.07 in after-hours trading as per investing.com, as reports emerged that the company’s board is meeting to decide whether to remove chief executive Jensen Huang. Read more

Gold prices edged lower on Thursday, sliding to their weakest level in more than a week as a stronger dollar and rising bets on a Federal Reserve rate hike weighed on the metal. Read more

The Government of Pakistan raised a combined Rs69.955bn in face value through its latest Government of Pakistan Hybrid Sukuk (GHS) auction, conducted via the PSX Auction System on November 11, against a combined pre-auction target of Rs250bn. Settlement is due on November 12. Read more

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

Oil prices declined on Thursday amid growing optimism over potential diplomatic breakthroughs in the Middle East and Russia-Ukraine conflicts, easing concerns over possible supply disruptions. Read more

Pakistan will see Attock Refinery Limited (PSX:ATRL) enter the MSCI Frontier Markets Index, while Flying Cement Company Limited (PSX:FLYNG) and Pakistan Oxygen Limited (PSX:PAKOXY) will be dropped from the MSCI Frontier Markets Small Cap Index, according to MSCI’s review results issued from Geneva on November 11, 2026. Read more

Asian markets traded mixed on Thursday, with Japan’s equities edging higher while South Korean and Australian stocks remained under pressure amid volatile regional trading. Read more

The government has reviewed proposed amendments to the Export Facilitation Scheme (EFS) aimed at making it simpler, more predictable and more responsive to exporters’ operational needs, while tightening risk-based oversight, cutting compliance costs and export-related overheads, encouraging new investment and local value addition, and ensuring concessions are tied to genuine export performance. Read more

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-495.26
KMI30 253,872.99
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-445.16
BKTi 48,841.40
32.08M
-1.14%
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8.93M
-0.04%
-15.18
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 71,110.00 71,540.00
70,695.00
-395.00
-0.55%
BRENT CRUDE 95.95 96.28
91.19
3.19
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RICHARDS BAY COAL MONTHLY 127.15 127.15
127.15
0.90
0.71%
ROTTERDAM COAL MONTHLY 136.65 136.65
136.00
0.50
0.37%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 88.41 88.92
88.35
-0.33
-0.37%
SUGAR #11 WORLD 18.22 18.56
17.96
-0.26
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November 13, 2026 at 06:02 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


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