*DARSON SECURITIES LIMITED* *NEWS UPDATE* *Friday, June 20, 2025* PM for finalising industrial policy at the earliest - Neutral https://epaper.brecorder.com/2025/06/20/1-page/1054276-news.html Govt authorises utilization of Rs1.035 trillion for various uplift projects under PSDP in 10 months - Neutral https://profit.pakistantoday.com.pk/2025/06/19/govt-authorises-utilization-of-rs1-035-trillion-for-various-uplift-projects-under-psdp-in-10-months/ Senate panel recommends raising threshold for economic transaction bans to 500% in Finance Bill 2025-26 - Neutral https://profit.pakistantoday.com.pk/2025/06/19/senate-panel-recommends-raising-threshold-for-economic-transaction-bans-to-500-in-finance-bill-2025-26/ In meeting with Pakistan’s COAS, Trump shows interest in long-term trade partnership - Positive https://profit.pakistantoday.com.pk/2025/06/19/in-meeting-with-pakistans-coas-trump-shows-interest-in-long-term-trade-partnership/ SIFC discusses way forward for $6 billion refinery upgrade after IMF rejects govt proposals - Negative https://profit.pakistantoday.com.pk/2025/06/19/sifc-discusses-way-forward-for-6-billion-refinery-upgrade-after-imf-rejects-govt-proposals/ Attock refinery signs agreement with Italian firm STP for $600 million upgradation project - Positive https://profit.pakistantoday.com.pk/2025/06/18/attock-refinery-signs-agreement-with-italian-firm-stp-for-600-million-upgradation-project/ SIFC approves revenue-sharing agreement for Sui Southern-Jamshoro JV, sets July 31 deadline for plant operation - Positive http://profit.pakistantoday.com.pk/2025/06/19/sifc-approves-revenue-sharing-agreement-for-sui-southern-jamshoro-jv-sets-july-31-deadline-for-plant-operation/ Petroleum products: Senate body rejects Rs2.50/litre carbon levy - Neutral https://www.brecorder.com/news/40368736/petroleum-products-senate-body-rejects-rs250litre-carbon-levy PD tells NA body Rs2.50/litre carbon levy to apply from July 1 - Neutral https://www.brecorder.com/news/40368737/pd-tells-na-body-rs250litre-carbon-levy-to-apply-from-july-1 KHCL seeks LoS extension for $2.5bn Kohala hydropower project till Sept 2027 - Neutral https://www.brecorder.com/news/40368730/khcl-seeks-los-extension-for-25bn-kohala-hydropower-project-till-sept-2027 Payment dispute between CPPA-G, KE remains unresolved - Negative https://www.brecorder.com/news/40368721/payment-dispute-between-cppa-g-ke-remains-unresolved Senate panel approves new power bill surcharges to repay circular debt - Positive https://profit.pakistantoday.com.pk/2025/06/19/senate-panel-approves-new-power-bill-surcharges-to-repay-circular-debt/ Dar calls for swift action to address power sector challenges - Neutral https://profit.pakistantoday.com.pk/2025/06/19/dar-calls-for-swift-action-to-address-power-sector-challenges/ GST on solar panels cut to 10%, digital sales tax on services to stay under provincial jurisdiction - Neutral https://profit.pakistantoday.com.pk/2025/06/19/gst-on-solar-panels-cut-to-10-digital-sales-tax-on-services-to-stay-under-provincial-jurisdiction/ IACL shares along with management control: Eight potential buyers submit EOIs to PC - Neutral https://www.brecorder.com/news/40368733/piacl-shares-along-with-management-control-eight-potential-buyers-submit-eois-to-pc Pak Datacom signs MoU with Asia-Pacific satellite broadband operator - Positive https://profit.pakistantoday.com.pk/2025/06/19/pak-datacom-signs-mou-with-asia-pacific-satellite-broadband-operator/ Budget 2025-26: Senate panel seeks to ease tax rules for buying property - Neutral https://www.dawn.com/news/1918040/budget-2025-26-senate-panel-seeks-to-ease-tax-rules-for-buying-property Tribunal upholds CCP’s decision against Pakistan Steel Mills for abuse of dominance -Neutral https://profit.pakistantoday.com.pk/2025/06/19/tribunal-upholds-ccps-decision-against-pakistan-steel-mills-for-abuse-of-dominance/ Government launches National Electric Vehicle Policy 2025–30 - Positive https://profit.pakistantoday.com.pk/2025/06/19/government-launches-national-electric-vehicle-policy-2025-30/ Oil Drops as Trump Signals Iran Strike Decision Within Two Weeks https://www.bloomberg.com/news/articles/2025-06-19/latest-oil-market-news-and-analysis-for-june-20?srnd=phx-markets US Futures Pare Losses as Trump Weighs Iran Role: Markets Wrap https://www.bloomberg.com/news/articles/2025-06-19/us-futures-slide-as-trump-considers-iran-strikes-markets-wrap?srnd=phx-markets WTI (Nymex): 75.80 USD/bbl BRENT (ICE): 78.85 USD/bbl ARAB LIGHT: 76.11 USD/bbl R BAY COAL: 91.35 USD/TON USDPKR (INTER-BANK): 283.64 USDPKR (OPEN-MKT.): 285.69