Equity Analysis /
Pakistan

Pakistan OMCs: Sales held up in October despite high prices

  • Pakistan’s OMC sales were flat mom in October 2021

  • FO and Mogas sales fell mom, but HSD sales rose 18% mom courtesy agricultural demand

  • PSO continued to gain market share; APL lost share in FO; SHEL’s share was flat

Saad Ali
Saad Ali

Head of Research

Intermarket Securities
2 November 2021