MG Morning Breeze: Updates to Skim before Market

May 23, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• SBP reserves jump $1bn in a week on IMF inflow

The foreign exchange reserves held by the State Bank of Pakistan (SBP) surged by $1.04 billion or 10.03% WoW. Read more

• Govt eyes Rs70.89bn via Bai Muajjal Sukuk

The government is set to raise Rs70.886 billion through the outright purchase of Government of Pakistan Ijara Sukuk. Read more

• Gold price in Pakistan falls Rs1,900 per tola

Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs347,500 per tola, down Rs1,900. Read more

• India stops Neelum River water flow from Kishanganga Dam

In a stark breach of the Indus Waters Treaty, India has reportedly halted the natural flow of water into Pakistan’s Neelum. Read more

• PSX Closing Bell: She’s a Little Bit Dangerous

The benchmark KSE-100 Index concluded Thursday’s trading session at 119,153.04, showing. Read more

• Senator calls to triple defense budget, double armed forces salaries

Pakistan must significantly enhance its defense capabilities, as Senator Faisal Vawda has proposed a threefold increase. Read more

• Pakistan, World Bank deepen partnership under new framework

Pakistan and the World Bank’s mutual commitment to work closely in the coming months to operationalize the Country Partnership Framework (CPF) and build a. Read more

• Pakistan, IMF discuss ongoing programme, economic reforms

To discuss the ongoing IMF programme and Pakistan’s economic outlook, Prime Minister Shehbaz Sharif met with an International. Read more

• PKR falls 10 paisa per USD

The Pakistani rupee (PKR) deteriorated by 9.61 paisa or 0.03% against the US dollar in Thursday’s interbank session. Read more

• Saudi Riyal to PKR exchange rate

The current exchange rates for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) against the Pakistani Rupee (PKR) as of 3 PM PST showed minor. Read more

• Pakistan, Azerbaijan vow to boost energy ties

Pakistan and Azerbaijan reaffirmed their commitment to strengthening bilateral relations, particularly in the energy sector. Read more

• VIS reaffirms entity rating of Feroze1888 Mills Ltd

VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Feroze1888 Mills Limited (PSX: FML). Read more

• Pakistan sets target of 125,000 tons for mango exports this season

Pakistan aims to export 125,000 tons of mangoes this season, with shipments starting on May 25, 2025, according to the Pakistan Fruit and Vegetable Exporters. Read more

• UK pushes for tougher oil price cap on Russia

The United Kingdom has urged its Group of Seven (G7) allies to agree on reducing the price cap on Russian oil. Read more

• SECP cautions public against unlicensed trading platforms

The Securities and Exchange Commission of Pakistan (SECP) cautions the general public against investing through unlicensed online trading platforms. Read more

• Xiaomi to unveil YU7 electric SUV in July

Xiaomi is set to enter the electric SUV market with the launch of its second electric vehicle, the YU7, expected to debut in July, according to founder and. Read more

• Honda Atlas Cars posts 16% rise in bottom line

Honda Atlas Cars (Pakistan) Limited (PSX: HCAR) posted a profit after tax of Rs2.71 billion [EPS: Rs18.97] for the year ended March 31, 2025. Read more

• Trump claims role in settling Pakistan-India tensions through trade

US President Donald Trump has reiterated his role in easing tensions between Pakistan and India, emphasizing that. Read more

• PSX to raise Rs450m: Auction Calendar May-Jul

The Pakistan Stock Exchange Limited (PSX) will conduct auctions targeting to raise Rs450 million during the three-month period from May-25 to Jul-25 through. Read more

• Pakistan to launch ‘Quantum Valley’ in partnership with Cambridge University

Pakistan is set to launch Quantum Valley, in collaboration with the University of Cambridge, as the nation’s version of Silicon Valley and the most ambitious. Read more

• PMEX set to launch Deliverable Sugar Futures

Pakistan Mercantile Exchange (PMEX), the country’s only licensed, multi-commodity futures exchange, is preparing to launch Deliverable Sugar Futures. Read more

• Oil prices dip amid U.S. inventory build, Iran-U.S. talks

Oil prices eased on Thursday as unexpected builds in U.S. crude and fuel inventories raised demand concerns, while investors stayed. Read more

• Pakistan, Deloitte collaborate on trade, reform agenda

To accelerate export growth and drive institutional reforms, Pakistan’s Commerce Minister Jam Kamal Khan met. Read more

• KSE-100 hits record high of 120,668

The Pakistan Stock Exchange continued its bullish momentum on Thursday, with the benchmark KSE-100 Index soaring to a. Read more

• PHAF launches digital services for members, allottees

A comprehensive package of digital initiatives has been formally launched to facilitate members and allottees of the Pakistan Housing Authority Foundation. Read more

• Bilawal warns of ‘hybrid warfare’ over water amid Indus treaty violations

The politicisation of water and violations of the Indus Waters Treaty (IWT) have been described as a form of “hybrid warfare,” with warnings that continued. Read more

• Bitcoin climbs to fresh all-time high above $111,000

Bitcoin rose to a new all-time high above $111,000, breaking its previous January record. 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

• Govt pushes for on-time completion of Diamer-Bhasha Dam

To prioritize the timely completion of the Diamer-Bhasha Dam, officials have been directed to accelerate work and strictly adhere to the project. Read more

• Asia stocks slide on U.S. debt concerns

Asia-Pacific markets fell Thursday, mirroring Wall Street’s losses as investor sentiment weakened over concerns that. Read more

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