MG Morning Breeze: Updates to Skim before Market

May 09, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Loan demand remains strong in Q3FY25

Current loan demand remained stable at 76 in the ” Increase Considerably ” zone in Q3FY25 compared to 77. Read more

• SBP reserves rise $118m in a week

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $118.1 million or 1.16% Wow. Read more

• FM highlights investment opportunities at ‘Pakistan Access Day’ moot in London

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, delivered a keynote address at the Jefferies’ Pakistan Access Day’. Read more

• Business pulse quickens with 2,956 new SECP registrations in April

Corporate growth accelerates as SECP reports 2,956 new additions to the corporate sector companies in April 2025. Read more

• PSX Closing Bell: On The Edge

The benchmark KSE-100 Index concluded Thursday’s trading session at 103,526.81, showing a decrease of 6,482.21 points or 5.89%. Read more

• CCP, FPCCI conduct session on promoting fair competition

The Competition Commission of Pakistan (CCP), in collaboration with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). Read more

• PKR falls 4 paisa against USD

The Pakistani rupee (PKR) deteriorated by 4.33 paisa or 0.02% against the US dollar in Thursday’s interbank session. Read more

• Govt, KCCI hold key talks on Karachi’s industrial woes

To address several pressing issues concerning Karachi’s industrial sector such as electricity supply, water provision. Read more

• FFC acquires 37.36% stake in Agritech Limited

Fauji Fertilizer Company Limited (PSX: FFC) now holds a total of 223.83 million ordinary shares in Agritech Limited (AGL). Read more

• Indo-Pak conflict chokes trade routes

Amid intensifying tensions between India and Pakistan, regional trade flows have taken a major hit as global shipping lines. Read more

• Can South Asia avoid another war as India, Pakistan trade blows?

Tensions between nuclear-armed neighbors India and Pakistan surged further on May 8, marking the second consecutive. Read more

• Calcorp board approves sale of 31 vehicles to Optimus Ltd

The board of directors of Calcorp Limited, in its meeting held today, approved the sale of 31. Read more

• Fiscal deficit narrows to Rs2.97tr in Q3FY25

Pakistan recorded a fiscal deficit of Rs2.97 trillion (-2.4% of GDP) in the third quarter of fiscal year 2025. Read more

• Indonesia’s Karimun terminal boosts imports of Russian oil products

Indonesia’s Karimun terminal has ramped up imports of Russian oil products to become a key transshipment hub where traders store. Read more

• Olympia Mills Board decides to halt proposed project

The Board of Directors of Olympia Mills Limited (PSX: OML) has decided not to proceed with the execution. Read more

• U.S., Britain near agreement to ease trade tariffs

The United States and Britain are expected to announce a deal to lower tariffs on some goods on Thursday. Read more

• Trading to resume at 1:39 pm

The Pakistan Stock Exchange (PSX) announced a market halt today after the KSE-30 index dropped by 5% from. Read more

• PSX halted amid major selling pressure

Pakistan Stock Exchange halted on Thursday as the benchmark KSE-100 Index plummeted by 6,948.72 points. Read more

• Pakistan, Standard Chartered highlight strong economic partnership

The strong and enduring partnership between the Government of Pakistan and Standard Chartered Bank in advancing Pakistan’s. Read more

• Oil prices rebound on hopes of U.S.-China trade breakthrough

Oil rose on Thursday after falling more than $1 in the previous session, supported by hopes of a breakthrough in looming. Read more

• Emirates posts highest-ever yearly earnings

Dubai’s Emirates airline on Thursday reported a record full-year profit, boosted by strong international travel demand on major routes. Read more

• Pakistan reaffirms Turkey’s support amid tensions with India

Pakistan expressed its deep gratitude to Turkey for its unwavering support following India’s unprovoked missile strikes. Read more

• S&P sees no immediate rating impact but flags risk for India, Pakistan

Pakistan and India face rising credit risks as tensions between the two nations escalate, according to global. Read more

• Apple’s AI search in Safari threatens Google’s Ad business

Apple’s plans to add AI-powered search options to its Safari browser are a big blow to Google, whose lucrative advertising. Read more

• VIS reaffirms entity ratings of Adam Sugar Mills Ltd

VIS Credit Rating Company Limited (‘VIS’) has reaffirmed the entity ratings of Adam Sugar Mills Limited. Read more

• Asia markets gain on hopes of first tariff deal

Shares in Asia firmed on Thursday after U.S. President Donald Trump flagged a first trade deal in his global tariff war. Read more

• NBP issues foreign exchange rates

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

• Federal Reserve maintains interest rates as risks loom

The Federal Reserve left interest rates unchanged as growing risks to economic growth and higher inflation leave the central bank rooted. Read more

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