Stock prices of Oil Refinery Companies plunge sharply since Jan FY20

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	164,444.72 1,390.47M	-0.75% -1241.66
ALLSHR	100,263.22 3,076.68M	-0.52% -522.58
KSE30	50,467.16 136.66M	-0.90% -456.01
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Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,195.00	112,280.00 107,720.00	-3355.00 -3.01%
BRENT CRUDE	61.09	62.75 60.84	-0.82 -1.32%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-0.75 -0.92%
ROTTERDAM COAL MONTHLY	93.00	93.00 92.50	1.95 2.14%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	57.47	59.11 57.26	-0.80 -1.37%
SUGAR #11 WORLD	15.85	15.87 15.58	0.16 1.02%