*Today’s News* *Economy* 1. Abu Dhabi’s Crown Prince to arrive on daylong visit to Pakistan tomorrow https://www.thenews.com.pk/print/1286581-abu-dhabi-s-crown-prince-to-arrive-on-daylong-visit-to-pakistan-tomorrow 2. PKR: largely unchanged https://epaper.brecorder.com/2025/02/26/1-page/1029868-news.html *Industry* 1. Banks need to look beyond govt sector https://www.dawn.com/news/1894379/banks-need-to-look-beyond-govt-sector 2. Govt to mull setting up of ‘crypto council’ https://epaper.brecorder.com/2025/02/26/1-page/1029869-news.html 3. FBR sets up ‘CEU’ at Karachi for same-day clearance https://epaper.brecorder.com/2025/02/26/14-page/1029961-news.html 4. After Azerbaijan, PM arrives in Uzbekistan on official visit https://tribune.com.pk/story/2530857/after-azerbaijan-pm-arrives-in-uzbekistan-on-official-visit 5. Pakistan, Iran agree to boost bilateral trade to $10b https://tribune.com.pk/story/2530852/iran-to-cut-business-visa-fees-boost-trade-ties-with-pakistan *Energy* 1. Defaulters owed Discos over Rs877bn in FY23, PAC told https://www.thenews.com.pk/print/1286587-defaulters-owed-discos-over-rs877bn-in-fy23-pac-told 2. Petrol may see a spike https://www.dawn.com/news/1894378/petrol-may-see-a-spike 3. Solar users to pay GST on gross value of electricity https://www.dawn.com/news/1894374/solar-users-to-pay-gst-on-gross-value-of-electricity *Companies* 1. $4.3m paid to FA, PC panel told https://epaper.brecorder.com/2025/02/26/14-page/1029960-news.html 2. New oil and gas reserves discovered in Waziristan https://tribune.com.pk/story/2530759/new-oil-and-gas-reserves-discovered-in-waziristan 3. US terminates $220m Roosevelt Hotel deal https://tribune.com.pk/story/2530935/us-terminates-220m-roosevelt-hotel-deal *Politics/General* 1. Imran Khan directs PTI members to resign from party positions https://tribune.com.pk/story/2530875/imran-khan-directs-pti-members-to-resign-from-party-positions *Commodities* 1. Oil prices fall on worries about US tariffs https://epaper.brecorder.com/2025/02/26/11-page/1029941-news.html *Movement in major commodities:* *Energy* Arab light (USD/bbl): 79.5 (-1.4% D/D) Brent crude (USD/bbl): 72.6 (-2.4% D/D) R-Bay coal (USD/ton): 90 (-2.2% D/D) *Metals* Gold (USD/oz): 2918 (-1.5% D/D) HRC (USD/ton): 466 (0% D/D) Rebars (USD/ton): 445 (-2.1% D/D) *Fertilizer as of 25-Feb* Urea (USD/ton): 403 (+0.8% D/D) DAP (USD/ton): 602.8 (-0.4% D/D) *Chemicals as of 25-Feb* PVC-Ethylene (USD/ton): 276.8 (+4.5% W/W) PTA-PX (USD/ton): 100.4 (+3.5% W/W) *Exchange Rate* PKR/USD: 279.67 (+0% D/D) PKR/GBP: 353.06 (-0.1% D/D) PKR/EUR: 292.87 (-0.1% D/D) PKR/JPY: 1.87 (-0.2% D/D) *Fixed Income* PKRV 3M : 11.84 (+0.254% D/D) PKRV 6M: 11.72 (0% D/D) PKRV 12M: 11.62 (+0.172% D/D) PKRV 3YR: 11.79 (0% D/D) PKRV 5YR: 12.24 (-0.082% D/D) PKRV 10YR: 12.26 (-0.163% D/D) *Equity Markets* KSE 100 (Pakistan): 114528pts (+0.2% D/D) DJIA (USA): 43621pts (+0.4% D/D) S&P 500 (USA): 5955pts (-0.5% D/D) MSCI EM: 1122pts (-1.2% D/D) *Optimus Research*