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.
UBL to Implement Share Split, Reducing Face Value to Rs5 from June 21
United Bank Limited will officially reduce the face value of its shares from Rs10 to Rs5 starting June 21, 2025, effectively doubling its outstanding shares while maintaining its paid-up capital. The move aims to enhance share liquidity and attract broader investor participation.