MG Morning Breeze: Updates to Skim before Market

May 15, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• SBP raises Rs113bn through floating rate PIBs

The State Bank of Pakistan (SBP) conducted an auction for floating rate Pakistan Investment Bonds on Wednesday. Read more

• CCP, NAB sign MoU to curb anti-competitive practices

The Competition Commission of Pakistan (CCP) and the National Accountability Bureau (NAB) have signed a Memorandum. Read more

• SECP’s regulatory powers reaffirmed by Islamabad High Court

The Securities and Exchange Commission of Pakistan (SECP) has welcomed the judgment of the Honourable Islamabad High Court,. Read more

• Auction Result: Govt raises Rs664bn through T-bills

The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs664.25 billion. Read more

• Power Show

While the world was expecting another chapter of old rivals colliding, and they did briefly, this time it was different. Read more

• Gold price in Pakistan falls Rs2,300 per tola

Gold price in Pakistan decreased on Wednesday, with 24-karat gold being sold at Rs341,900 per tola, down Rs2,300. Read more

• PSX Closing Bell: Crazy Train

The benchmark KSE-100 Index concluded Wednesday’s trading session at 118,536.52, showing a decrease of 39.36 points or 0.03%. Read more

• Pakistan, Japan sign agreement for smart water meters in Faisalabad

Pakistan and Japan have formalized an agreement to install smart water meters in Faisalabad City to improve. Read more

• PKR falls 4 paisa per USD

The Pakistani rupee (PKR) deteriorated by 4.34 paisa or 0.02% against the US dollar in Wednesday’s interbank session. Read more

• Bawany Air Products gets SECP consent for capital increase to Rs11bn

Bawany Air Products Limited (PSX: BAPL) has received approval from the Securities and Exchange Commission of. Read more

• AATM reveals progress on 1,000 kW solar power initiative

Ali Asghar Textile Mills Limited has revealed that its wholly-owned subsidiary, Fazal Solar Energy (Private) Limited, has. Read more

• US sanctions companies involved in Iran’s oil exports to China

The US Treasury Department has imposed sanctions on a network of nearly two dozen companies and shipping. Read more

• Petrol prices expected to drop by Rs3.5

Petrol prices are expected to drop by approximately Rs3.5 per litre due to a decline in international rates. Read more

• Govt moves to expand tax base, target evasion

To broaden the tax base and tackle evasion, Prime Minister Shehbaz Sharif has instructed authorities to take firm action against. Read more

• Pakistan targets $100bn through blue economy initiative

The development of a comprehensive Blue Economy Policy aimed at unlocking the full potential of Pakistan’s maritime sector. Read more

• Pakistan Petroleum wins two new exploration blocks

Pakistan Petroleum Limited (PSX: PPL) has been provisionally awarded two new hydrocarbon exploration blocks Kalat South. Read more

• IMF disburses second tranche of $1bn to Pakistan

Following the successful completion of Pakistan’s review under the IMF programThe State Bank of Pakistan (SBP) has received the second. Read more

• Lucky Cement fires new clinker kiln in Iraq

Lucky Cement Limited (PSX: LUCK) has successfully fired the kiln for its new clinker production line. Read more

• OGDCL secures multiple exploration blocks

Oil and Gas Development Company Limited (PSX: OGDC) has been provisionally awarded several new exploration blocks following its. Read more

• Pakistan, Russia eye investment in Karachi steel mills

Pakistan and Russia have taken a step forward in economic cooperation with discussions centered around establishing. Read more

• Fitch sees trade war de-escalation after Geneva talks

The recent joint statement from the US-China economic and trade meeting held in Geneva on May 12 signals a notable de-escalation. Read more

• IMF begins virtual budget talks with Pakistan today

The International Monetary Fund (IMF) commenced virtual discussions with Pakistan on Wednesday. Read more

• NBP issues foreign exchange rates

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

• Mari Energies secures major exploration rights

Mari Energies Limited (PSX: MARI) has received the provisional award of ten new exploration blocks from the Directorate. Read more

• Asia stocks mixed as U.S.-China tensions ease

Asia-Pacific markets traded mixed Wednesday after key Wall Street benchmarks rose on easing U.S. Read more

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