*DARSON SECURITIES LIMITED* *NEWS UPDATE* Wednesday, February 26, 2025 Communication channels; PSX and BSE ink landmark MoU - Positive https://epaper.brecorder.com/2025/02/26/7-page/1029918-news.html PSX enhances share purchase limits - Positive https://epaper.brecorder.com/2025/02/26/1-page/1029876-news.html Pakistan, Iran agree to boost bilateral trade to $10b - Positive https://tribune.com.pk/story/2530852/iran-to-cut-business-visa-fees-boost-trade-ties-with-pakistan First review of $7bn EFF programme; Protracted IMF-govt talks likely - Neutral https://epaper.brecorder.com/2025/02/26/1-page/1029873-news.html Pakistan tells IMF panda bond to be launched next fiscal: Govt to consider establishing National Crypto Council - Neutral https://www.thenews.com.pk/print/1286452-pakistan-may-establish-national-crypto-council IMF calls for strict climate adaptation plans - Neutral https://www.dawn.com/news/1894309/imf-calls-for-strict-climate-adaptation-plans New oil and gas reserves discovered in Waziristan - Positive https://tribune.com.pk/story/2530759/new-oil-and-gas-reserves-discovered-in-waziristan Petrol may see a spike - Neutral https://www.dawn.com/news/1894378/petrol-may-see-a-spike Government seeks data on furnace oil production, exports - Neutral https://www.thenews.com.pk/print/1286435-government-seeks-data-on-furnace-oil-production-exports Deal reached for EV infrastructure - Positive https://tribune.com.pk/story/2530671/deal-reached-for-ev-infrastructure Solar users to pay GST on gross value of electricity - Negative https://www.dawn.com/news/1894374/solar-users-to-pay-gst-on-gross-value-of-electricity Defaulters owed Discos over Rs877bn in FY23, PAC told - Negative https://www.thenews.com.pk/print/1286587-defaulters-owed-discos-over-rs877bn-in-fy23-pac-told Procurement of 1,100 vehicles; PAC hints at summoning FBR chief - Negative https://epaper.brecorder.com/2025/02/26/1-page/1029874-news.html Govt invokes nationalization order - Neutral https://tribune.com.pk/story/2530923/govt-invokes-nationalisation-order Privatisation Commission told: Bids for PIA privatisation to be invited next month - Neutral https://www.thenews.com.pk/print/1286582-privatisation-commission-told-bids-for-pia-privatisation-to-be-invited-next-month Govt to exempt rules for PQA terminal - Positive https://tribune.com.pk/story/2530919/govt-to-exempt-rules-for-pqa-terminal PEL, Electrolux join hands - Positive https://www.dawn.com/news/1894377/pel-electrolux-join-hands Iron, steel scrap importers; FBR withdraws EFS facility - Negative https://epaper.brecorder.com/2025/02/26/1-page/1029875-news.html Banks urged to prioritise SME lending - Neutral https://tribune.com.pk/story/2530921/banks-urged-to-prioritise-sme-lending EU, international bodies can’t direct apex court: Justice Hilali https://epaper.brecorder.com/2025/02/26/14-page/1029966-news.html 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 Oil edges up after US stockpiles report helps offset worries on rising supply https://www.reuters.com/business/energy/oil-edges-up-after-us-stockpiles-report-helps-offset-worries-rising-supply-2025-02-26/ Chinese Shares Rise as Tech Rebounds After Selloff: Markets Wrap https://www.bloomberg.com/news/articles/2025-02-25/stock-market-today-dow-s-p-live-updates?srnd=phx-markets WTI (Nymex): 69.03 USD/bbl BRENT (ICE): 73.15 USD/bbl ARAB LIGHT: 79.52 USD/bbl R BAY COAL: 97.75 USD/TON USDPKR: 279.67