UBL becomes Pakistan’s largest listed company at PSX

News Image

MG News | January 06, 2026 at 01:57 PM GMT+05:00

0:00

January 06, 2026 (MLN):  United Bank Limited (PSX:UBL) has reached a historic milestone, becomes the largest listed company at the Pakistan Stock Exchange (PSX) by market capitalization during today’s trading session.

UBL’s market cap crossed Rs 1.275tr (approximately $4.5bn), surpassing Oil & Gas Development Company Limited (OGDC), which had held the top position for many years, according to Sohail Mohammed, CEO of Topline Securities, in a recent LinkedIn post.

This achievement turns to be a landmark moment for Pakistan’s banking sector and the broader equity market.

Just three years ago, UBL’s market capitalization stood at below $500 million, highlighting the scale and pace of its transformation.

UBL’s ascent stands as a testament to strategic execution, resilient fundamentals, and sustained shareholder value creation, positioning it as a bellwether for Pakistan’s equity market going forward.

Currently, at the time of writing, shares were trading at Rs510, up Rs22.2, representing a 4.55% increase.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 166,258.55
345.39M
-0.85%
-1432.54
ALLSHR 99,756.66
682.04M
-0.84%
-849.13
KSE30 50,917.87
169.66M
-0.80%
-409.75
KMI30 232,771.76
122.66M
-0.63%
-1483.82
KMIALLSHR 63,780.68
324.88M
-0.84%
-537.69
BKTi 49,031.15
76.99M
-1.23%
-610.02
OGTi 32,693.73
16.75M
-1.13%
-372.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 66,185.00 67,760.00
64,325.00
-1640.00
-2.42%
BRENT CRUDE 71.88 71.96
70.69
0.12
0.17%
RICHARDS BAY COAL MONTHLY 96.00 0.00
0.00
-3.50
-3.52%
ROTTERDAM COAL MONTHLY 107.95 107.95
107.95
0.30
0.28%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 66.60 66.67
65.38
0.12
0.18%
SUGAR #11 WORLD 14.05 14.10
13.78
0.18
1.30%

Chart of the Day


Latest News
February 25, 2026 at 06:59 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


February 24, 2026 at 08:54 PM GMT+05:00

Money supply stands at Rs46tr in January


February 24, 2026 at 03:15 PM GMT+05:00

PKR trades flat versus USD


February 24, 2026 at 02:53 PM GMT+05:00

MFFL declares right shares to raise paid-up capital


February 24, 2026 at 02:25 PM GMT+05:00

UPFL posts around Rs6bn profit, dividend at Rs216



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg