Attock Refinery denies sale claims, stock down over 5%

MG News | November 11, 2024 at 02:51 PM GMT+05:00

0:00

November 11, 2024 (MLN): Attock Refinery Limited (PSX: ARL) issued a clarification today, denying false media reports claiming the sale of the company.

The company informed market participants through a notice issued to the PSX today.

In the notice, ARL stated that it is fully cognizant of all applicable legal and regulatory requirements and will continue to ensure compliance with them.

Despite this clarification, ARL’s stock has dropped by 5.24%, or Rs25.88, compared to the last closing price.

The company is a subsidiary of The Attock Oil Company Limited, England and its ultimate parent is Coral Holding Limited (a private limited company incorporated in Malta).

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	162,102.92 254.63M	-0.51% -834.01
ALLSHR	98,424.06 767.06M	-0.39% -385.08
KSE30	49,178.66 92.71M	-0.54% -267.15
KMI30	231,230.31 69.98M	-0.64% -1485.54
KMIALLSHR	64,033.87 360.75M	-0.55% -353.80
BKTi	43,997.64 36.18M	0.12% 50.75
OGTi	32,027.34 12.90M	-0.69% -223.49

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	85,250.00	0.00 0.00	650.00 0.77%
BRENT CRUDE	62.51	63.10 61.87	-0.87 -1.37%
RICHARDS BAY COAL MONTHLY	85.00	0.00 0.00	0.25 0.30%
ROTTERDAM COAL MONTHLY	96.25	0.00 0.00	0.15 0.16%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	57.98	0.00 0.00	-0.08 -0.14%
SUGAR #11 WORLD	14.77	14.83 14.56	0.11 0.75%