Equity Analysis /
Pakistan

Pakistan OMCs: Sales flatten out in May amid long Eid holidays

  • OMC sales flattened out in May due to long Eid holidays

  • During 11MFY21, however, overall sales are up a handsome 19% yoy

  • We expect the sales momentum to continue into FY22 as the overall economic rebound is likely to accelerate

Saad Ali
Saad Ali

Head of Research

Intermarket Securities
2 June 2021