Equity Analysis /
Pakistan

Pakistan OMCs: Sales growth slows down in July ahead of lockdowns

  • OMC sales were flattish in July, in line with historical trend

  • PSO gained market share, but SHEL and APL continued to struggle

  • In the coming months, pressure from lockdowns, winter and high prices can depress demand

Saad Ali
Saad Ali

Head of Research

Intermarket Securities
4 August 2021