Trends - OMC - Business Recorder

OMC

Hascol’s worst problems are behind it, says chief as company announces steps to restructure Rs54bn debt

We are making excellent progress with our banks and are grateful to them for their cooperation: Sir Alan Duncan

Updated 14 Mar, 2023 06:08pm

Markets

No shortage of petrol, govt to take action against hoarders: Musadik Malik

Minister says that since Wednesday, 900 inspections were carried out in Punjab, with hoarders penalised and a number of petrol pumps sealed

Published 09 Feb, 2023 04:56pm

Markets

Sales of petroleum products plummet 20% year-on-year

Sales of total petroleum products clocked in at 1.44 million tons in January 2023, a massive decline of 20% on a...

Published 02 Feb, 2023 05:19pm

Markets

OMCs take a hit as petroleum sales drop in Pakistan

Sales of oil marketing companies (OMCs) took a hit after Pakistan’s petroleum products bore the brunt of economic...

Updated 02 Dec, 2022 05:20pm

Allowing IPPs to buy fuel from ‘any OMC’ irks PSO

ISLAMABAD: Pakistan State Oil (PSO), the state-owned fuel supplier, is annoyed with Central Power Purchasing Agency-...

Updated 17 Sep, 2022 09:59am

Markets

GO expands its retail network of outlets in Karachi

KARACHI: Pakistan’s fastest growing OMC, Gas & Oil Pakistan Ltd. (GO), inaugurated their first COCO retail...

Published 16 Sep, 2022 06:04am

BR Research

Attock Petroleum Limited

Attock Petroleum Limited (PSX: APL) was Incorporated in 1998 an oil marketing company and is part of the Attock Oil...

Published 08 Mar, 2022 08:17am

ECC grants increase in OMCs’, petrol dealers’ margin

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved enhancement of 71...

Updated 02 Dec, 2021 09:27am

Markets

GO & PAPCO sign white oil pipeline multigrade project throughput agreement

KARACHI: Pakistan's fastest growing oil marketing company, Gas & Oil Pakistan Ltd. (GO) signed a white oil...

Published 25 Oct, 2021 05:32am

Markets

POL products' shortage in 2020: OMAP rejects allegations of OMCs' involvement

LAHORE: Oil Marketing Association of Pakistan (OMAP) on Saturday rejected the allegations of involvement of Oil...

Published 10 Oct, 2021 04:26am

Markets

GO holds network of over 850 retail outlets

KARACHI: Pakistan’s fastest growing Oil Marketing Company (OMC), Gas & Oil Pakistan Ltd. (GO) now boasts of a...

Published 19 Sep, 2021 03:56am

BR Research

PSO’s big fat bottomline

Pakistan State Oil (PSX: PSO) has reported record earnings for FY21 in its recently announced financial results at...

Published 25 Aug, 2021 07:35am

Editorials

Glitches in petroleum supply

EDITORIAL: As per media reports, petrol stocks are reaching a critical level and there is a fear that a shortage may...

Published 06 Aug, 2021 04:18am

BR Research

Pakistan State Oil

Pakistan State Oil (PSX: PSO) is the country’s largest OMC and is engaged in marketing and distribution of all...

Published 29 Jun, 2021 07:40am

BR Research

Petroleum consumption on the rise

Apart from the revival of economic activity in FY21 so far, two factors in April have been the driving force behind...

Published 05 May, 2021 07:30am

BR Research

SHEL – three quarters of recovery!

2020 was a bleak year for companies including the ones in the oil marketing segment. It was no different for Shell...

Published 26 Apr, 2021 07:30am

BR Research

OMC sales buoyed

Petroleum sales in the country for March 2021 were seen climbing by 44 percent year-on-year with furnace oil volumes...

Published 05 Apr, 2021 07:40am

BR Research

HASCOL – will it recuperate?

Hascol Petroleum Limited’s (PSX: HASCOL) profits have been nose diving since 2018. Though the company has only...

Published 30 Mar, 2021 07:35am

BR Research

SHEL – recovery in 2H

Shell Pakistan Limited (PSX: SHEL) announced its financial performance for 2020 this week and the earnings of the...

Published 04 Mar, 2021 07:41am

BR Research

Double digit growth in petroleum

Petroleum consumption is picking up again. The 8-month volumes sold by the oil marketing companies have been higher...

Published 03 Mar, 2021 07:30am

Business & Finance

Pakistan's OMCs to see signficant rise in sales with uptick in economic activity: Report

The report was of the view that the pickup in HSD volumes is largely attributable to high economic activity compared to the same period last year, back in February 2020 industry volumes posted a decline of 26pc YoY, amid the restrictions and lockdowns due to the COVID-19 pandemic.

Published 02 Mar, 2021 11:32am

Business & Finance

Double digit growth in OMCs volume sales continue

“We attribute continues uptick in HSD to government efforts in curbing HSD smuggling along with resumption of economic activities. Up till now, FBR has sealed 1556 retail outlets across the country from 2094 illegal retail outlets,” stated the report.

Published 03 Feb, 2021 12:21pm

Business & Finance

OMCs’ sales increase by 11pc YoY

KARACHI: The oil marketing companies’ (OMC) total sales increased by 11 percent on year-on-year basis to 11.27...

Updated 03 Feb, 2021 09:15am

BR Research

APL in 1HFY21

Attock Petroleum Limited (PSX: APL) saw its earnings plummet in FY20 to levels not seen in at least a decade due to...

Published 29 Jan, 2021 07:40am

Gainers
Losers
Leaders

Stock	Price
Reliance Ins. / Mar 31 Reliance Insurance Company Limited(RICL)	6.31 ▲ 0.52 (8.98%)
Soneri Bank Ltd / Mar 31 Soneri Bank Limited(SNBL)	9.28 ▲ 0.76 (8.92%)
Asim Textile / Mar 31 Asim Textile Mills Limited(ASTM)	6.48 ▲ 0.53 (8.91%)
Pak Engineering / Mar 31 Pakistan Engineering Company Limited(PECO)	325.40 ▲ 22.70 (7.50%)
Shield Corp. / Mar 31 Shield Corporation Limited(SCL)	303.15 ▲ 21.15 (7.50%)
Janana D Mal / Mar 31 Janana De Malucho Textile Mills Limited(JDMT)	44.42 ▲ 3.09 (7.48%)
B.R.R.Guardian / Mar 31 B.R.R. Guardian Modaraba(BRR)	12.90 ▲ 0.86 (7.14%)
Invest Bank / Mar 31 Invest Capital Investment Bank Limited(ICIBL)	1.20 ▲ 0.08 (7.14%)
Al-Shaheer Corp / Mar 31 Al Shaheer Corporation Limited(ASC)	9.50 ▲ 0.60 (6.74%)
Towellers Ltd. / Mar 31 Towellers Limited(TOWL)	249 ▲ 15.08 (6.45%)

Stock	Price
Bawany Air Products / Mar 31 Bawany Air Products Limited(BAPL)	8.55 ▼ -0.95 (-10.00%)
Tri-Pack Films / Mar 31 Tri-Pack Films Limited(TRIPF)	125 ▼ -11.14 (-8.18%)
Popular Islamic / Mar 31 Popular Islamic Modaraba(PIM)	7.50 ▼ -0.65 (-7.98%)
Pervez Ahmed Co / Mar 31 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.60 ▼ -0.05 (-7.69%)
AL-Ghazi Tractors / Mar 31 Al-Ghazi Tractors Limited(AGTL)	270.73 ▼ -21.95 (-7.50%)
Philip Morris Pak. / Mar 31 Philip Morris (Pakistan) Limited(PMPK)	426.43 ▼ -34.57 (-7.50%)
Dawood Lawrencepur / Mar 31 Dawood Lawrencepur Limited(DLL)	210 ▼ -15.90 (-7.04%)
Pak Tobacco / Mar 31 Pakistan Tobacco Company Limited(PAKT)	601.12 ▼ -45.01 (-6.97%)
Agriautos Ind. / Mar 31 Agriauto Industries Limited(AGIL)	60.50 ▼ -4.50 (-6.92%)
Data Textile / Mar 31 Data Textiles Limited(DATM)	3 ▼ -0.21 (-6.54%)

Stock	Volume
Telecard Limited / Mar 31 Telecard Limited(TELE)	6,211,500 ▼ -0.21
Pak Elektron / Mar 31 Pak Elektron Limited(PAEL)	6,152,500 ▲ 0.02
Engro Corp / Mar 31 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -1.59
WorldCall Telecom / Mar 31 Worldcall Telecom Limited(WTL)	4,946,279 ▲ 0.01
Pakgen Power / Mar 31 Pakgen Power Limited(PKGP)	4,417,000 ▲ 1.00
Agha Steel Ind. / Mar 31 Agha Steel Ind.Ltd(AGHA)	3,689,500 ▼ -0.02
Hascol Petrol / Mar 31 Hascol Petroleum Limited(HASCOL)	3,504,000 ▲ 0.25
K-Electric Ltd. / Mar 31 K-Electric Limited(KEL)	3,416,092 ▲ 0.00
Oil & Gas Dev. / Mar 31 Oil & Gas Development Company Limited(OGDC)	3,343,193 ▼ -0.68
Bankislami Pak. / Mar 31 BankIslami Pakistan Limited(BIPL)	2,894,500 ▼ -0.08

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 31	283.85
USD PKR Interbank Buying / Mar 31	283.65
USD to Japanese Yen / Mar 31	132.94
USD to Swiss Franc / Mar 31	0.91
Pound Sterling to USD / Mar 31	1.24
Euro to USD / Mar 31	1.09
UK LIBOR % / Mar 30	4.81

Stock	Volume
S&P 500 / Mar 30	4050.83
Nasdaq / Mar 30	12013.47
FTSE 100 / Mar 30	7620.43
Dow Jones / Mar 30	32859.03
Germany DAX 30 / Mar 30	15522.40
France CAC40 / Mar 30	7263.37
India Sensex / Mar 31	58640.64
Tokyo Nikkei / Mar 31	28047.34
Hang Seng / Mar 31	20427.56

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 30	18935
Gold 10 Grams PKR / Mar 30	178241
Crude Oil USD/Barrel / Mar 31	74.31
Gold Spot USD/Ounce / Mar 31	1979.09
Cotton US¢/pound / Mar 31	83.42

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