UBL Emerges as Second Most Valuable Company on PSX After Rapid Market Cap Surge
United Bank Limited has become the second most valuable company on the Pakistan Stock Exchange, with its market capitalization surging nearly sixfold in two years. The growth underscores investor confidence and a robust turnaround in Pakistan’s banking sector.
Pakistan’s KSE-100 Rebounds with Significant Gains Amidst Global Volatility
The Pakistan Stock Exchange (PSX) witnessed a strong resurgence today, with its benchmark KSE-100 Index climbing over 600 points, signaling renewed investor confidence despite ongoing geopolitical tensions in the Middle East. This positive momentum highlights the resilience of key sectors, including those with significant digital and technological integration, amidst a fluctuating global economic climate.
KSE-100 Index Surges to Record High Following FY26 Budget Announcement
The KSE-100 index hit a new all-time high following the announcement of Pakistan’s FY26 federal budget. Strong investor sentiment, favorable tax measures, and growth-oriented targets fueled a market-wide rally.