SectorsNegative · Do not buyBusiness Recorder

Petrol rate cut by 58 paise, HSD’s by 17 paise

ISLAMABAD: The government on Friday announced a nominal reduction in fuel prices, which will remain applicable for next three days. According to official notification releas

Saturday, 29 August 2026 at 5:30 am PKTBy Shariah PSX News DeskFull article on Business Recorder

Desk Analysis

How This Affects the Exchange

Sector Effect

Negative · Do not buy

Cautious read for Oil & Gas — price/volume reaction may stay soft near-term.

Sectors & Direction

Desk read

Desk call: Do not buy · Negatively affected

Oil & GasNegatively affected

Companies

OGDC · Do not buyPPL · Do not buyMARI · Do not buyPSO · Do not buySNGP · Do not buyATRL · Do not buy

Companies Mentioned

OGDC· Negatively affected · Do not buy
PPL· Negatively affected · Do not buy
MARI· Negatively affected · Do not buy
PSO· Negatively affected · Do not buy
SNGP· Negatively affected · Do not buy
ATRL· Negatively affected · Do not buy

Mentions in This Briefing

Sectors: Oil & Gas — Negative · Do not buy. PSX tickers: OGDC, PPL, MARI, PSO, SNGP, ATRL. Cautious read for Oil & Gas — price/volume reaction may stay soft near-term.

Full Story

Open on Business Recorder

ISLAMABAD: The government on Friday announced a nominal reduction in fuel prices, which will remain applicable for next three days.

According to official notification released by Oil and Gas Regulatory Authority (Ogra), the government has reduced the rate of petrol by 58 paise and High-Speed Diesel (HSD) by 17 paise for August 29-31, 2026.

The Ogra revised the ex-

Source: Business Recorder — https://www.brecorder.com/news/40436948/petrol-rate-cut-by-58-paise-hsds-by-17-paise