MG Morning Breeze: Updates to Skim before Market

Mettis Global's morning digest reported that the KSE-100 finished the week with 170,884.59 points. That represented a gain of 372.73 points, or 0.22 per cent, from the 170,511.86 level seen on September 11. On Friday the index had added 1,841.39 points, or 1.09 per cent, as investors bought into banking, cement, fertilizer and exploration counters.

Petrol was reduced by Rs1.65 per litre and high-speed diesel by Rs0.88 per litre, with the revised ex-depot rates applying from September 19 to September 21, 2026. The State Bank of Pakistan accepted Rs181.12 billion in face value through its fixed rate Pakistan Investment Bonds auction, against bids of Rs343.58 billion across five tenors. Bank deposit returns also rose 20 basis points to 4.17 per cent in August 2026, up from 3.97 per cent in July, according to official data.

Company results were also in focus, with Nishat (Chunian) Limited's consolidated net profit up 108 per cent to Rs1.56 billion for FY26, while Murree Brewery's net profit rose 16 per cent to Rs3.79 billion. National Foods reported consolidated profit of Rs26.39 billion, compared with Rs4.42 billion a year earlier, and approved a 1:5 share subdivision that splits each Rs5 share into five Rs1 shares without changing paid-up capital. Citi Pharma shareholders gave approval to amend the memorandum of association, which would permit entry into cannabis and industrial hemp business.