VIS maintains AAA rating for OGDC with stable outlook, highlighting financial resilience and liquidity
VIS Credit Rating Company reaffirms long-term AAA and short-term A1+ ratings for Oil & Gas Development Company Limited (OGDC), underlining its financial strength, robust liquidity, and key contribution to Pakistan’s energy security and economy.
UBL Tops PSX in Market Capitalization, Becomes Largest Listed Company in Pakistan
United Bank Limited (UBL) surpasses Oil & Gas Development Company (OGDC) to become Pakistan’s largest listed company on the PSX, with market capitalization crossing Rs 1,275 billion, reflecting investor confidence in the banking sector.
OGDC FY25 Earnings: Rs170 Billion Profit Despite Falling Output and Oil Prices
Oil and Gas Development Company Limited (OGDC) posted Rs170 billion net profit in FY25, facing declining production and lower oil prices, but declared record dividends and sustained exploration efforts.
OGDC Strengthens Offshore and Onshore Exploration with Strategic Block Acquisitions
Oil & Gas Development Company Limited (OGDC) secures stakes in one offshore and two onshore exploration blocks, partnering with major domestic and international players to boost Pakistan’s energy exploration landscape.
Pakistan Reaffirms Support For Reko Diq Project As Financing Progress Boosts Investor Confidence
Federal government reiterates backing for new investments in Pakistan’s minerals and energy sectors as the Reko Diq copper-gold project nears financial close, signaling strong international investor confidence and potential $74 billion economic impact.
Pakistan Expects Financial Close For Reko Diq Copper And Gold Project Within Two Weeks
Pakistan is set to achieve financial close for the $3.5 billion Reko Diq mining project, with lenders completing arrangements and preparations underway for formal signing in January.
Selling Pressure Hits PSX: KSE-100 Dips Over 800 Points in Early Trade
After days of strong gains, the Pakistan Stock Exchange faced renewed selling pressure as the KSE-100 Index dropped over 800 points in early trade, impacted by key sector declines and global market trends.
PSX rebounds over 4,500 points as easing political uncertainty lifts investor sentiment
The Pakistan Stock Exchange surged over 4,500 points in early trading as investor sentiment improved, reversing Monday’s sharp sell-off amid reduced political uncertainty and across-the-board buying in key sectors.
PSX Shines with OGDC, UBL, MARI, MEBL and FFC Each Topping $2 Billion Market Cap
The Pakistan Stock Exchange continues its bullish run with five companies now valued above $2 billion, led by OGDC and UBL, highlighting investor optimism amid strong macro trends.
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.