*Today’s News* *Economy* 1. Tax policy office to go functional shortly: Aurangzeb https://epaper.brecorder.com/2025/02/27/1-page/1030037-news.html 2. Govt takes note of rise in prices of edibles ahead of Ramazan https://epaper.brecorder.com/2025/02/27/12-page/1030109-news.html 3. PBF calls for fixed tax regime in upcoming budget https://www.thenews.com.pk/print/1286799-pbf-calls-for-fixed-tax-regime-in-upcoming-budget 4. PKR: marginal increase https://epaper.brecorder.com/2025/02/27/1-page/1030027-news.html *Industry* 1. Uzbek-Pak ties get boost: leaders eye $2bn trade https://epaper.brecorder.com/2025/02/27/1-page/1030030-news.html 2. PD proposes Rs392.5bn PSDP for in-house projects https://epaper.brecorder.com/2025/02/27/1-page/1030036-news.html 3. Pakistan, Russia in talks for new steel mills https://www.thenews.com.pk/print/1286924-pakistan-russia-in-talks-for-new-steel-mills 4. Thar coal railway line to Port Qasim set for Dec 2025 completion https://www.thenews.com.pk/print/1286920-thar-coal-railway-line-to-port-qasim-set-for-dec-2025-completion *Energy* 1. Govt to provide relief for electricity consumers using up to 300 units https://tribune.com.pk/story/2531083/govt-to-provide-relief-for-electricity-consumers-using-up-to-300-units *Companies* 1. KPOGCL, consortium sign exploration agreement on Miran Block https://epaper.brecorder.com/2025/02/27/12-page/1030104-news.html *Politics/General* 1. Accused tried by military courts: SC judge says won’t allow further trial https://epaper.brecorder.com/2025/02/27/1-page/1030028-news.html *Commodities* 1. Oil holds at two-month low amid rising US fuel inventories https://epaper.brecorder.com/2025/02/27/6-page/1030136-news.html *Movement in major commodities:* *Energy* Arab light (USD/bbl): 77.4 (-2.7% D/D) Brent crude (USD/bbl): 72.3 (-0.3% D/D) R-Bay coal (USD/ton): 90.3 (+0.3% D/D) *Metals* Gold (USD/oz): 2931 (+0.4% D/D) HRC (USD/ton): 466 (0% D/D) Rebars (USD/ton): 449 (+0.9% D/D) *Fertilizer as of 26-Feb* Urea (USD/ton): 399 (-1% D/D) DAP (USD/ton): 604 (+0.2% D/D) *Chemicals as of 26-Feb* PVC-Ethylene (USD/ton): 258.8 (-8.5% W/W) PTA-PX (USD/ton): 100.4 (+3.5% W/W) *Exchange Rate* PKR/USD: 279.62 (0% D/D) PKR/GBP: 353.9 (+0.2% D/D) PKR/EUR: 293.62 (+0.3% D/D) PKR/JPY: 1.87 (+0.2% D/D) *Fixed Income* PKRV 3M : 11.84 (0% D/D) PKRV 6M: 11.72 (0% D/D) PKRV 12M: 11.63 (+0.086% D/D) PKRV 3YR: 11.79 (0% D/D) PKRV 5YR: 12.24 (0% D/D) PKRV 10YR: 12.26 (0% D/D) *Equity Markets* KSE 100 (Pakistan): 113862pts (-0.6% D/D) DJIA (USA): 43433pts (-0.4% D/D) S&P 500 (USA): 5956pts (+0% D/D) MSCI EM: 1135pts (+1.2% D/D) *Optimus Research*