*DARSON SECURITIES LIMITED* *NEWS UPDATE* *Wednesday, June 18, 2025* PM’s visit to China in Aug: Minister, Chinese envoy discuss economic agenda - Positive https://epaper.brecorder.com/2025/06/18/1-page/1053951-news.html July-May C/A posts $1.8bn surplus - Positive https://epaper.brecorder.com/2025/06/18/1-page/1053952-news.html Govt unveils revised tax fraud punishment procedure - Neutral https://epaper.brecorder.com/2025/06/18/1-page/1053955-news.html Apr LSMI output grows 2.29pc YoY - Positive https://epaper.brecorder.com/2025/06/18/1-page/1053954-news.html Pakistan, US move to finalise trade deal through 'constructive engagement' - Positive https://www.thenews.com.pk/latest/1322117-pakistan-us-move-to-finalise-trade-deal-through-constructive-engagement Pakistan, US to deepen economic ties amid reciprocal tariff talks: Aurangzeb - Positive https://profit.pakistantoday.com.pk/2025/06/17/pakistan-us-to-deepen-economic-ties-amid-reciprocal-tariff-talks-aurangzeb/ PKR’s REER index decreases to 97.8 in April - Neutral https://mettisglobal.news/PKRs-REER-index-decreases-to-978-in-April-53118 Petroleum import bill drops nearly 16% in May: SBP - Neutral https://mettisglobal.news/Petroleum-import-bill-drops-nearly-16-in-May-SBP-53140 NA, Senate panels reject 18pc tax on imported solar panels - Neutral https://www.dawn.com/news/1917698/na-senate-panels-reject-18pc-tax-on-imported-solar-panels K-Electric seeks PSX listing for Rs3bn short-term Sukuk issue - Neutral https://profit.pakistantoday.com.pk/2025/06/17/k-electric-seeks-psx-listing-for-rs3bn-short-term-sukuk-issue/ Pakistan to connect copper-gold Reko Diq mine with rail line by 2028 - Neutral https://www.thenews.com.pk/latest/1322169-pakistan-to-connect-copper-gold-reko-diq-mine-with-rail-line-by-2028 Short on commitment with SNGPL: Power sector uses 28pc less RLNG - Neutral https://www.brecorder.com/news/40368337/short-on-commitment-with-sngpl-power-sector-uses-28pc-less-rlng Fertilizer sales rise 5% in May, but Urea falls 31%, DAP drops 21% - Neutral https://profit.pakistantoday.com.pk/2025/06/17/fertilizer-sales-rise-5-in-may-but-urea-falls-31-dap-drops-21/ Textile exports fall close to 5% in May: SBP - Negative https://mettisglobal.news/Textile-exports-fall-close-to-5-in-May-SBP-53141 ‘IT exporters, freelancers’: SBP eases reporting formats - Neutral https://www.brecorder.com/news/40368328/it-exporters-freelancers-sbp-eases-reporting-formats Re-composition: LUCK, DGKC, MLCF, SNGP & GAL added to Meezan Pakistan Index - Neutral https://mettisglobal.news/Recomposition-LUCK-DGKC-MLCF-SNGP-GAL-added-to-Meezan-Pakistan-Index-53124 Oil Near Five-Month High on Middle-East Tensions: Markets Wrap https://www.bloomberg.com/news/articles/2025-06-17/stock-market-today-dow-s-p-live-updates?srnd=phx-markets Stocks Fall as Israel-Iran Jitters: Markets Wrap https://www.bloomberg.com/news/articles/2025-06-16/stock-market-today-dow-s-p-live-updates?srnd=phx-markets WTI (Nymex): 74.08 USD/bbl BRENT (ICE): 75.67 USD/bbl ARAB LIGHT: 72.61 USD/bbl R BAY COAL: 91.25 USD/TON USDPKR (INTER-BANK): 283.41 USDPKR (OPEN-MKT.): 285.40