MG Morning Breeze: Updates to Skim before Market

Mettis Global reported that the Petroleum Division has revised ex-depot rates for fuels, lifting high-speed diesel by Rs6.10 a litre and petrol by Rs4.42 a litre. The new rates take effect from September 15, 2026. Separately, the government introduced a petrol relief scheme giving Rs100 per litre off for motorcycle, rickshaw and small-car users, as international oil rates climbed.

The benchmark KSE-100 index closed on Monday at 167,970.65, down 2,541.20 points or 1.49 per cent. Rising crude prices and growing worries about global oil supply were behind the wide selling across the exchange.

The Monetary Policy Committee of the State Bank of Pakistan unanimously kept the policy rate at 11.5 per cent at its meeting on September 14, 2026. Gold also eased in Pakistan on Monday: 24-karat gold fell Rs3,800 to Rs453,336 per tola.