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Line-pack pressure has exceeded safe limits amid weak RLNG offtake, prompting output cuts and raising rupture fears. Field outages and maintenance have compounded the stress on Pakistan’s gas grid.
Cnergyico receives one million barrels of WTI at Hub SPM. MT Pegasus becomes the largest crude carrier handled in Pakistan. Cargo follows a new Pakistan-US trade framework. Second shipment expected in mid-November; a third eyed for 2026. Deal envisions tariff relief and wider sectoral cooperation.
$250m GCF funding backs ADB climate resilience plan. Program spans Pakistan, Central Asia and South Caucasus. Pakistan focus: Swat basin; ~13m people to benefit. Funds target irrigation, storage, watershed and early warnings. Package complements a decade-long $3.25bn ADB pipeline.
World Bank sees growth at 3% in FY26, rising to 3.4% in FY27. Tight fiscal policy and flood aftereffects will limit momentum. Reforms urged: tax base widening, SOE divestiture, market-based FX. Export share slide underscores need for trade and logistics upgrades. Job creation and stronger safety nets are flagged as priorities.
Islamabad and Riyadh launched an Economic Cooperation Framework. Focus sectors include energy, mining, IT, tourism, agriculture and food security. MoUs are being prepared for an electricity interconnection and wider energy cooperation. PM Shehbaz and MBS reaffirmed plans to expand trade and investment ties. A high-level Pakistani delegation is attending the FII9 forum in Riyadh.
KSE-100 closed at 160,101.02, down 2,062.79 points versus the prior session. The index ranged from 159,805.34 to 163,380.67 amid volatile trade. Profit-taking followed the central bank’s decision to hold the policy rate. Analysts cite valuation, inflation and external balances as headwinds. Investors await fresh catalysts after the results season.
Finance Division sees October CPI at 5–6%. Flood damage and border curbs are keeping pressure on some prices. Agriculture credit is up 19.5%; machinery imports climbed 31.3%. Q1 fiscal surplus hit Rs1.5tr; exports and remittances also improved. IMF staff-level deal cited as a sign of policy continuity.
US and Chinese negotiators outline a de-escalation package. Plan would pause tariff hikes and delay rare earth controls. Leaders Trump and Xi are due to review the framework this week. Talks also touched soybeans, fentanyl and TikTok’s ownership.
Rubio and Jaishankar confer amid tariff tensions. Meeting follows US sanctions on Russian oil firms. Washington presses New Delhi over Russian crude purchases. Both sides keep channels open to manage the rift.
Government restarts new RLNG household connections nationwide. Move ends a ban imposed in 2021 amid dwindling local gas reserves. PM says upgrades and funding make expanded service feasible. Energy minister cites lower losses and improved utility finances.
PSX wobbles as profit-taking sets in before rollover. KSE-100 swings between 165,025.85 high and 163,041.97 low. Banking and energy stocks face selling pressure. Global market softness and SOE worries weigh on mood. FX reserves edge up but fail to lift sentiment.
Discounted Rs22.98/unit applies only to incremental usage. Plan runs Nov 2025–Oct 2028 to utilize surplus power. Government targets competitiveness, exports and job creation. Minister cites ~7,000MW to be routed to productive sectors. Average tariffs fall as consumption rises against last year.
