Stock prices of Oil Refinery Companies plunge sharply since Jan FY20

By MG News | February 26, 2020 at 01:56 PM GMT+05:00

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February 26, 2020 (MLN): The Stock prices of Oil refining companies have plunged sharply by 14% since January 2020.

This sharp downcast in oil demand witnessed as buying from airlines declined.

Company-wise, the stock price of National Refinery Limited (NRL) dropped by 24% whereas, the stock price of Attock Refinery Limited (ARTL) fall by 22%.

Whereas, BYCO Petroleum Limited (BYCO) and Pakistan Refinery Limited (PRL) has witnessed 2% and 7% fall in its stock prices so far since January 2020.

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Name	Price/Vol	%Chg/NChg
KSE100	131,949.07 198.95M	0.97% 1262.41
ALLSHR	82,069.26 730.83M	0.94% 764.01
KSE30	40,387.76 80.88M	1.11% 442.31
KMI30	191,376.82 77.76M	0.36% 678.77
KMIALLSHR	55,193.97 350.11M	0.22% 119.82
BKTi	35,828.25 28.42M	3.64% 1259.85
OGTi	28,446.34 6.84M	-1.02% -293.01

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,125.00	110,525.00 107,865.00	-2290.00 -2.07%
BRENT CRUDE	68.51	68.89 67.75	-0.29 -0.42%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	106.00	106.00 105.85	-2.20 -2.03%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.50	67.18 66.04	-0.50 -0.75%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%