Orlen and Lotos shares were falling after 15 by up to 8 percent. All because of the government’s plans, which, according to RMF FM, are to force a reduction in margins imposed by gas stations and refineries in connection with the inflation shield.
A statutory limitation of profits from the sale of fuels is being prepared – established by RMF FM. According to the radio, it is supposed to be one of the elements of the so-called anti-inflationary shield which the government wants to present in the middle of the week. The solution is to lead to a reduction in fuel prices.
Anti-inflationary shield – Orlen and Lotos share prices drop
However, the top-down reduction of fuel companies’ margins will hit their profitability, and this could not appeal to investors. Lotos before 4 p.m. was already trading 8 percent. below the line, and Orlen fell by nearly 7 percent.
After 4 p.m. you can see a slight “rebound” in the shares of the two concerns. After the stock market is closed Orlen and Lotos are below opening levels respectively, by less than 3.6 percent. and 5.4 percent
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