MG Morning Breeze: Updates to Skim before Market

April 07, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Global spending on financial market data hits over $44bn

Global spending on financial market data and news grew modestly in 2024, with revenues rising 6.4% – far slower than the previous year – to $44.3 billion. Read more

• Pakistan’s OMCs sales rise 7% MoM in March 2025, up 5% YoY

The sales volume of oil marketing companies (OMCs) in Pakistan increased by 7% month-on-month (MoM) in March 2025, reaching a total of 1.22 million tons. Read more

• Weekly Market Roundup

A two-day trading week after the Eid holidays kicked off on a bullish note at the Pakistan Stock Exchange (PSX). Read more

• Cement sales slip 9.5% in March

Cement despatches in Pakistan fell to 2.961 million tons during March 2025, down 11.31% from 3.338 million. Read more

• Pakistan, U.S. to recalibrate trade relations: FM

Following recent U.S. tariff changes, Pakistan is preparing a new trade engagement package, with a high-level delegation set to visit Washington. Read more

• Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators. Read more

• Fed Chief warns of bigger-than-expected tariff effects

Federal Reserve Chair Jerome Powell warned that the economic impact of newly imposed tariffs is likely to be significantly larger. Read more

• Arif Habib praises Govt’s electricity price cut effort

The government was working on reducing electricity prices, and the nation was also eagerly awaiting this, said Arif Habib, Chairman of Habib Group. Read more

• PSX Closing Bell: The Climb

The benchmark KSE-100 Index concluded Friday’s trading session at 118,791.66, showing a decrease of 146.45 points or 0.12%. Read more

• Government promotes digitization to boost transparency: Ahsan Iqbal

In a bid to enhance transparency, the government is actively working towards promoting digitization, as stated by Ahsan Iqbal. Read more

• Oil near 5-year low on trump tariffs, OPEC+ output hike

Oil prices were heading on Friday towards their lowest close since the midst of the coronavirus pandemic in 2021, hit by U.S. President Donald Trump’s barrage. Read more

• Zahur Cotton Mills receives court sanction for ITANZ acquisition

Zahur Cotton Mills Limited (PSX: ZHCM) has successfully received the sanction of the Lahore High Court for its Scheme of Arrangement. Read more

• PKR gains 9 paisa per USD

The Pakistani rupee (PKR) increased by 9.43 paisa or 0.03% against the US dollar in Friday’s interbank. Read more

• Cherat Cement Commissions 6.065 MW solar power

Cherat Cement Company Limited (PSX: CHCC) has commissioned a 6.065 MW solar power plant at its factory site in Nowshera. Read more

• Weekly SPI increases by 0.2%

Pakistan’s short-term inflation increased by 0.2% compared to the previous week, while it fell by 1.99% compared to the same period last year, the Pakistan. Read more

• Bank Alfalah discloses end of acquisition talks with HNB

Bank Alfalah Limited (PSX: BAFL) has disclosed that Hatton National Bank (HNB) of Sri Lanka will no longer pursue. Read more

• FNBM shows positive recovery amid NPL challenges

First National Bank Modaraba (PSX: FNBM) has shown a positive trajectory in its recovery efforts, despite facing challenges. Read more

• Arif Habib withdraws PAI for acquisition of Engro Powergen Qadirpur shares

Arif Habib Limited (PSX: AHL) issued a withdrawal of the Public Announcement of Intention (PAI) in its capacity as the manager to the offer (MTO) intended to. Read more

• OMO Result: SBP injects Rs2.9tr

The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today. Read more

• CSIL rejects Tristar’s accusations of price manipulation, warns of legal action

Crescent Star Insurance Limited (PSX: CSIL) has rejected the accusations made by Tristar Private Limited regarding price manipulation and unlawful market. Read more

• How the new electricity rates will affect your monthly bills?

In a move to provide relief to low-income households, the government has set new electricity tariffs for domestic consumers. Read more

• KSE-100 hits historic 120K milestone

The benchmark KSE-100 Index soared past the 120,000 milestone for the first time in its history. Read more

• Pakistan signs PTA, TTA with Azerbaijan to boost trade

The signing of the Pakistan-Azerbaijan Preferential Trade Agreement (PTA) and the Transit Trade Agreement (TTA) aims to reduce tariffs and enhance trade with. Read more

• Lower electricity tariffs to boost competitiveness: Malik

Low electricity tariffs are expected to reduce production costs for industries, thereby boosting the global competitiveness of Pakistani. Read more

• Thatta Cement adds 4.8 MW wind energy at Sindh plant

Thatta Cement Company Limited (PSX: THCCL) has declared the successful completion and commissioning of its 4.8 MW. Read more

• Crescent Star Foods to merge with PICIC Insurance

Crescent Star Foods (Pvt.) Limited (CSF) is set to merge with PICIC Insurance Limited (PSX: PIL). Read more

• PSDP 2025-26 priorities reviewed in planning ministry meeting

The third-quarter utilization, proposed projects, and future allocations for PSDP 2025-26 came under review in a meeting on the Public Sector. Read more

• BMG, KCCI seek continued pro-business policies

The leadership of the Businessmen Group (BMG) and the Karachi Chamber of Commerce and Industry (KCCI) to continue their dialogue with the government to. Read more

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