MG Morning Breeze: Updates to Skim before Market

March 11, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• SBP keeps policy rate unchanged at 12%

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has kept the policy rate unchanged at 12%, effective March 11, 2025. Read more

• Pakistan’s business confidence surges in February 2025

The overall Business Confidence Index increased significantly by 2.8 points, reaching 58.1 in February 2025, the latest results of the Business Confidence. Read more

• Pakistan consumer confidence surges by 2.3% in February

The consumer confidence Index (CCI) in Pakistan increased by 2.3% to 40.3 points in February compared to last month. Read more

• Workers’ remittances rise to $3.1bn in February

Pakistan’s workers’ remittances reached $3.1 billion in February 2025, according to data released by the State Bank of Pakistan (SBP) today. Read more

• Gold price in Pakistan remain unchanged

Gold price in Pakistan remained unchanged on Monday, with 24-karat gold being sold at Rs306,000 per tola, unchanged from the. Read more

• PKR weakens by 10 paisa against USD

The Pakistani rupee (PKR) decreased by 10.09 paisa or 0.04% against the US dollar in Monday’s interbank session. Read more

• Govt urges insurance sector to expand lending beyond banks: FinMin

The government aims to diversify lending beyond the banking sector and has urged the insurance industry to step up and meet the growing demand. 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

• PSX rings the bell for gender equality on Women’s Day

The Pakistan Stock Exchange (PSX) proudly hosted a Gong Ceremony to celebrate Ringing the Bell for Gender Equality. Read more

• Shareholders approve rebranding of Synthetic Products Enterprises to SPEL Ltd

Synthetic Products Enterprises Limited's shareholders have approved changing the company’s name to SPEL Limited. Read more

• PSX Closing Bell: Don’t Start Now

The benchmark KSE-100 Index concluded Monday’s trading session at 114,356.34, showing a decrease of 42.35 points or 0.04%. Read more

• Sazgar produces 2,333 three-wheelers, 910 four-wheelers in Feb 2025

Sazgar Engineering Works Limited (PSX: SAZEW) produced 2,333 units and recorded sales of 2,654 units of three-wheelers during February 2025. Read more

• MPS Preview: Will the Rate Cut Party Pause today?

After months of steady rate cuts, all eyes are on the State Bank of Pakistan (SBP)’s big call in today’s Monetary Policy Committee (MPC) meeting. Read more

• Pakistan negotiates major loan to reduce energy sector debt

Pakistan’s government is negotiating a 1.25 trillion Pakistani rupee ($4.47 billion) loan with commercial banks to reduce. Read more

• Ek Saal Bemisaal – a year of economic turnaround

As Prime Minister Shehbaz Sharif completes one year in governance, Pakistan has seen record-low inflation, a booming stock market, and a reduced debt-to-GDP. Read more

• Dollar weakens as investors seek safe havens

The dollar was softer on Monday and trading near its lowest level in four months against major currencies as concerns over. Read more

• China’s consumer prices drop at fastest rate in 13 months

China’s consumer price index in February fell at the sharpest pace in 13 months, while producer price deflation persisted. Read more

• Zarea Ltd expands into local coal supply chain

Zarea Limited (PSX: ZAL) has expanded its footprint in the local coal supply chain to solidify its position in the industrial. Read more

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

Oil prices fell on Monday as concern about the impact of U.S. import tariffs on global economic growth and fuel demand. Read more

• China rolls over $2bn loan to Pakistan

China rolled over a $2 billion loan to Pakistan, said the adviser to the finance minister of Pakistan, Khurram Schehzad. Read more

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