Equity Analysis /
Pakistan

Pakistan OMCs: Substantial increase in margins improves investment case for OMCs

  • ECC has approved increase in OMC and dealer margins by 20-25% from existing levels

  • The changes are more than the average CPI for FY21 but have come 6mth late

  • This improves the investment case for OMCs. PSO and APL are our top picks in the space

Saad Ali
Saad Ali

Head of Research

Intermarket Securities
2 December 2021