MG Morning Breeze: Updates to Skim before Market

According to Mettis Global's Morning Breeze digest, petrol prices rose by Rs1.20 per litre while high-speed diesel fell by Rs0.17 per litre, with the revised ex-depot rates effective from October 15, 2026. The Ministry of Energy's Petroleum Division issued the revision. Separately, the State Bank of Pakistan borrowed Rs685.53bn through its Market Treasury Bill auction, drawing bids worth Rs2,640.41bn in face value across four tenors.

The benchmark KSE-100 finished Wednesday's session at 165,417.50, up 641.06 points or 0.39 per cent. Gold fell Rs3,000 to Rs437,836 per tola for 24-karat bullion. Finance Minister Muhammad Aurangzeb, speaking at the World Bank and IMF Annual Meetings in Bangkok, cited a 22-year low fiscal deficit and consecutive primary surpluses.

Quantum Data Technologies (QTECH) signed a strategic cooperation pact with China's Guangzhou Great Power Energy & Technology, aiming to assemble lithium-based battery energy storage units locally over time. The board of Jahangir Siddiqui & Co. (JSCL) cleared an extra Rs86,963,390 investment in associate EFU Life Assurance as long-term equity. Thatta Cement (THCCL) finished paying the second round of profit and principal due on its Sukuk certificates. NBP also issued its foreign exchange rates on Wednesday.