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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 Breeze reported that the Petroleum Division raised petrol by Rs2.31 per litre and high-speed diesel by Rs0.78 per litre, with the revised ex-depot prices taking effect on October 9, 2026. The same digest noted that the benchmark KSE-100 ended Thursday 1,138.50 points lower, a fall of 0.68 per cent, at 167,441.90 as broad selling took hold amid fresh worries about the Middle East and disrupted crude flows.

Official data in the digest showed SBP reserves rising by $14.5 million, or 0.07%, to $21.45 billion in the week ended October 02, 2026. The SCRA balance grew by Rs2.02 billion in the week to Oct 02, 2026, reaching Rs29.91bn. Pakistan and the IMF have reached a staff-level understanding on the fourth review of the 37-month Extended Fund Facility, which opens the door to around $1.2bn in disbursements after Executive Board approval.

The Sindh High Court suspended, on an interim basis, notifications and orders on the review of K-Electric's multi-year tariff, as indicated in a notice filed with the PSX. Quantum Data Technologies (QTECH) has fully settled its liabilities with The Bank of Punjab and Habib Metropolitan Bank, and TPL Insurance has been renamed JazzSure Insurance effective October 7, 2026. Dolmen City REIT reported a 58.76 per cent rise in FY26 profit after tax to Rs12.69bn.

At a glance

  • Petrol rose Rs2.31 per litre and high-speed diesel rose Rs0.78 per litre from October 9, 2026.
  • SBP foreign exchange reserves rose to $21.45 billion in the week ended October 02, 2026.
  • The Sindh High Court temporarily suspended notifications and orders on K-Electric's tariff review.
Sectors:Oil & Gas Marketing CompaniesPower Generation & DistributionReal Estate Investment Trust

Originally reported by Mettis Global

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