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MG Morning Breeze: Updates to Skim before Market

Mettis Global • • 1 min read

MG Morning Breeze: Updates to Skim before Market

Mettis Global's morning digest for 1 October 2026 pointed to a Rs1.89 per litre cut in high-speed diesel and a Rs0.14 per litre reduction in petrol, both effective that day. The benchmark KSE-100 had closed the previous session at 169,969.32, gaining 368.92 points or 0.22 per cent.

Treet Corporation reported FY26 consolidated post-tax profit up 39.59 per cent, reaching Rs779.33m against Rs558.29m in FY25. Nishat Mills posted a 9 per cent fall in net profit to Rs5.48bn from Rs6.01bn, while Merit Packaging swung to a Rs123.64m profit from a Rs599.67m loss. Symmetry Group's consolidated net profit rose 26 per cent to Rs215.28m, measured against a restated Rs170.47m.

IGI Holdings finished buying a 98.31 per cent holding in Akzo Nobel Pakistan, paying Rs15.246bn on September 30, 2026, through its subsidiary IGI Investments. Attock Cement's board approved a 20 MWh battery storage system and a 5 MW solar setup at its plant. Security Papers said its Paper Machine 2 upgrade is finished and production has resumed. Meanwhile, Mettis Global flagged that a second-largest SOYASUP shareholder sold 5 million shares over nine days, with one tranche falling inside a closed period.

At a glance

  • HSD fell Rs1.89 per litre and petrol Rs0.14 per litre from October 1, 2026.
  • Treet, Merit and Symmetry reported higher FY26 profits, while Nishat Mills posted a 9 per cent decline.
  • Security Papers resumed production after finishing its Paper Machine 2 upgrade on September 30, 2026.
Sectors:Oil & Gas Marketing CompaniesCommercial Banks

Originally reported by Mettis Global

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