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	155,384.51 274.67M	0.61% 944.82
ALLSHR	95,133.57 856.28M	0.49% 465.41
KSE30	47,466.99 137.10M	0.74% 347.09
KMI30	227,645.22 99.71M	0.67% 1519.50
KMIALLSHR	63,888.06 353.11M	0.50% 319.01
BKTi	41,761.78 72.20M	0.33% 138.95
OGTi	31,619.14 7.57M	0.41% 130.35

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,220.00	117,240.00 114,940.00	-2045.00 -1.74%
BRENT CRUDE	67.14	67.52 66.78	0.15 0.22%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-1.20 -1.41%
ROTTERDAM COAL MONTHLY	93.00	0.00 0.00	0.05 0.05%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	62.90	63.24 62.52	0.21 0.34%
SUGAR #11 WORLD	15.90	15.98 15.80	0.11 0.70%