MG Morning Breeze: Updates to Skim before Market

March 05, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• SECP mandates book-entry shares for new companies

The Securities and Exchange Commission of Pakistan (SECP) has mandated that all newly incorporated unlisted companies. Read more

• JazzCash partners with KTrade to enable stock trading

JazzCash has strengthened its partnership with KTrade Securities to provide millions of Pakistanis with seamless access to stock trading. Read more

• Pakistan ‘well positioned’ for 1st review of $7bn IMF bailout: FinMin

Pakistan was “well positioned” for the first review of its $7 billion International Monetary Fund (IMF) bailout program, said Finance Minister Muhammad. Read more

• CCP breaks ground for new headquarters, boosting regulatory oversight

The Competition Commission of Pakistan (CCP) marked a significant milestone with the groundbreaking ceremony of its new head. Read more

• Ahsan Iqbal finalizes action plan for Gwadar Port operationalization

To finalize an actionable strategy for the operationalization of Gwadar Port and ensure the effective implementation of the plan, Federal Minister for. Read more

• Saudi Riyal to PKR exchange rate

The exchange rates for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) showed minor movements against the Pakistani rupee (PKR) in today’s. Read more

• PKR falls 10 paisa against USD

The Pakistani rupee (PKR) depreciated by 10.08 paisa or 0.04% against the US dollar in Tuesday’s interbank. Read more

• Domestic cement dispatches see 7% growth in February

Domestic cement dispatches saw a marginal increase of 6.82% in February 2025, reaching 3.065 million tons compared to 2.87m tons in February 2024. Read more

• Gold price in Pakistan rises Rs4,800 per tola

Gold price in Pakistan increased on Tuesday, with 24-karat gold being sold at Rs306,300 per tola, up Rs4,800. Read more

• PSX Closing Bell: Dips don’t last forever

The benchmark KSE-100 Index concluded Tuesday’s trading session at 112,743.79, showing an increase. Read more

• JS Global issues PAO to acquire over 8% stake in Calcorp Limited

JS Global Capital Limited (PSX: JSGCL) (Manager to the Offer), on behalf of its client Asif Ali Shaikh in concert with Muhammad Hanif Shaikh and Kashif. Read more

• PM directs plan to boost Pakistan-Azerbaijan trade to $2bn

Pakistan and Azerbaijan are set to enhance trade relations, with a target of increasing bilateral trade to $2 billion under. Read more

• Telecard sees 50% profit decline in half-year results

Telecard Limited (PSX: TELE) posted a net profit of Rs181.09 million [EPS: Rs0.35] for the half-year ended December 31, 2024. Read more

• DeepSeek’s progress signals China’s AI industry’s rise

The progress of DeepSeek reflects the rise of Chinese companies in artificial intelligence (AI), a spokesperson for China’s parliament told reporters on. Read more

• Lucky Investments Limited inaugurates head office at Finance & Trade Centre

Lucky Investments Limited (formerly Interloop Asset Management Limited) inaugurated its Head Office at the Finance & Trade Centre. Read more

• China bans imports of illumina genetic sequencers amid trade tensions

China announced a ban on Tuesday on imports of genetic sequencers from U.S. medical equipment maker Illumina. Read more

• China plans first nationwide guidance on RISC-V chip use

China plans to issue guidance to encourage the use of open-source RISC-V chips nationwide for the first time, two sources. Read more

• Will the Stock Market Reach 165K? A Reality Check:

A premonition that most financial analysts seem to agree on in their recent reports. And why shouldn’t they? The correlation between stock market rallies and monetary easing is a well-known phenomenon. Read more

• Oil prices drop amid OPEC+ output increase, U.S. tariff concerns

Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April. Read more

• Ensuring affordable essential items is govt’s top priority: PM

The availability of essential items at affordable prices remains the government’s top priority, reflecting its commitment to. Read more

• Merit Packaging receives third-party interest for flexible unit

Merit Packaging Limited (PSX: MERIT) has received an Expression of Interest from a third party for its flexible. Read more

• NA Committee approves Zakat, Ushr Bill, strengthens BISP oversight

The National Assembly Standing Committee on Poverty Alleviation and Social Safety approved the Zakat and Ushr (Amendment). Read more

• Honda to produce next-gen Civic hybrid in Indiana, not Mexico

Honda Motor Co., Ltd has decided to produce its next-generation Civic hybrid in the U.S. state of Indiana instead of Mexico to avoid potential tariffs on one. Read more

• Senate panel examines recruitment, pensions, security in railways

Senate Standing Committee on Railways reviewed critical issues affecting Pakistan Railways, including. Read more

• Pakistan’s OMC sales drop 18% MoM in Feb 2025, see 2% YoY growth

The sales volume of oil marketing companies (OMCs) in Pakistan declined by 18% month-on-month (MoM) in February 2025, reaching a total of 1.14 million tons. Read more

• Image Pakistan to launch REIT next month

Pakistan fashion brand Image Pakistan Limited (PSX: IMAGE) plans to launch a real estate investment trust next month for two of its properties in Karachi. Read more

• World Bank engages in talks on enhancing NQI standards

Efforts to enhance National Quality Infrastructure (NQI) standards for boosting exports were the focus of discussions, emphasizing. Read more

• NBP issues foreign exchange rates

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

• Government policies driving economic improvement: Ahsan Iqbal

The country’s economy is improving due to successful government policies, said Minister for Planning and Development. Read more

• Asia markets slump as global trade war heats up

Stocks slumped and bond yields slid on Tuesday in Asia as investors braced for an imminent escalation. Read more

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