MG Morning Breeze: Updates to Skim before Market

According to Mettis Global's morning digest, the Ministry of Energy revised ex-depot rates, lifting high-speed diesel by Rs3.47 per litre from September 18, 2026. Petrol moved the other way, with its price cut by Rs0.43 per litre under the same revision. Separately, the federal government cut the fuel quota for official vehicles by 50% for three months.

On the equity side, the benchmark KSE-100 index gained 1,021.39 points, or 0.61 per cent, to close at 169,043.19 on Thursday. Buying was widespread across exploration, banking and cement counters and lifted investor mood. The same digest noted that SBP foreign exchange reserves rose $3.06 billion to $21.39 billion in the week ended September 11, 2026.

The State Bank also rejected social media claims about discontinuing the Rs10 banknote and its exchange deadline. Gold in Pakistan dropped Rs3,800 to Rs453,436 per tola for 24-karat on Thursday.