{"id":4555,"date":"2025-04-07T09:42:23","date_gmt":"2025-04-07T04:42:23","guid":{"rendered":"https:\/\/pkfin.kotenterprises.dev\/?p=4555"},"modified":"2025-04-07T09:42:23","modified_gmt":"2025-04-07T04:42:23","slug":"ubl-market-capitalization-hits-rs-600-billion-surpasses-hbl-and-mcb-combined","status":"publish","type":"post","link":"https:\/\/pkfin.kotenterprises.dev\/?p=4555","title":{"rendered":"UBL Market Capitalization Hits Rs. 600 Billion, Surpasses HBL and MCB Combined"},"content":{"rendered":"<p class=\"\" data-start=\"142\" data-end=\"369\"><em data-start=\"142\" data-end=\"166\">KARACHI:<\/em>\u00a0<a href=\"https:\/\/ubldigital.com\/\" rel=\"nofollow noopener\" target=\"_blank\">United Bank Limited (PSX: UBL)<\/a> has witnessed a remarkable surge in market capitalization, reaching a record Rs. 600 billion (approximately US$ 2.1 billion), up from just Rs. 100 billion two years ago.<\/p>\n<p class=\"\" data-start=\"371\" data-end=\"702\">The milestone was highlighted by Topline Securities CEO Mohammed Sohail, who noted that UBL has now surpassed the <strong data-start=\"485\" data-end=\"497\">combined<\/strong> market value of two major players\u2014Habib Bank Limited (PSX: HBL) and MCB Bank Limited (PSX: MCB). \u201cThis marks a major shift in <a href=\"https:\/\/pkfin.kotenterprises.dev\/standard-chartered-bank-pakistan-posts-rs-11-23-billion-profit\/\" target=\"_blank\" rel=\"nofollow noopener\">Pakistan\u2019s banking landscape,\u201d Sohail said in a social media post<\/a> on Saturday.<\/p>\n<p class=\"\" data-start=\"704\" data-end=\"891\">UBL&#8217;s stock closed at Rs. 482.18 on Friday, reflecting a strong gain of 8.46 percent (Rs. 37.59), with trading volumes exceeding 5.855 million shares at the <a href=\"https:\/\/pkfin.kotenterprises.dev\/pakistan-stock-exchange-psx-marks-listing-of-mahaana-islamic-index-etf\/\" target=\"_blank\" rel=\"nofollow noopener\">Pakistan Stock Exchange<\/a> (PSX).<\/p>\n<p class=\"\" data-start=\"893\" data-end=\"1028\">The bank is a subsidiary of <strong data-start=\"921\" data-end=\"963\">Bestway International Holdings Limited<\/strong>, which in turn is wholly owned by the <strong data-start=\"1002\" data-end=\"1027\">Bestway Group Limited<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI:&nbsp;United Bank Limited (PSX: UBL) has witnessed a remarkable surge in market capitalization, reaching a record Rs. 600 billion (approximately US$ 2.1 billion), up from just Rs. 100 billion two years ago. The milestone was highlighted by Topline Securities CEO Mohammed Sohail, who noted that UBL has now surpassed the combined market value of two [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1299],"tags":[],"class_list":["post","format-standard"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"KARACHI: United Bank Limited (PSX: UBL) has witnessed a remarkable surge in market capitalization, reaching a record Rs. 600 billion (approximately US$ 2.1 billion), up from just Rs. 100 billion two years ago. 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