MG Morning Breeze: Updates to Skim before Market

Mettis Global's MG Morning Breeze, dated October 5, 2026, gathered several updates for readers ahead of the trading day. According to the digest, the benchmark KSE-100 closed Friday's session at 168,155.49, down 481.36 points or 0.29 per cent. Over the week ended October 2, the index shed 2,609.73 points, a 1.53 per cent weekly decline.

On the policy and fuel front, the State Bank of Pakistan advised foreign exchange dealers to process requests from eligible sugar mills for exporting 200,000 metric tons of sugar, subject to conditions. Petrol prices rose Rs2.10 per litre and high-speed diesel went up Rs0.30 per litre for the period from October 3 to October 5, 2026. The rupee strengthened by 3.08 paisa against the US dollar, settling at 277.07 per dollar.

Company updates also included Kohinoor Energy's FY26 consolidated net profit rising 3 per cent to Rs743.64m, while Barkat Frisian Agro's fell 16 per cent to Rs624.39m. Pace (Pakistan)'s board cleared up to Rs1,500 million of equity funding for Ever Green Water Valley, and Kohinoor Spinning Mills rejected social media reports of an FBR shutdown as baseless.