UBL remained at second position in ranking of best-performing bank stocks in region
New York: According to S&P Global Market Intelligence, four Pakistani banks are among the banks showing the highest stock growth in the region.
S&P Global Market Intelligence said in a report on the performance of regional banks that four Pakistani banks are among the top 10 best-performing banks in the region.
The report stated that four Pakistani banks showed the highest stock growth in APAC, while Pakistan secured six positions out of the top 15.
According to the report, United Bank Limited (UBL), which has a market capitalization of $1.68 billion, recorded a total share gain of 159.7 percent and remained at the second position in the ranking of the best-performing bank stocks in the region.
The other 3 banks in the top 10 include the National Bank of Pakistan (NBP), Bank Alfalah Limited, and Bank of Punjab (BOP).
Pakistan's exports in free fall: Textile exports plummet 2pc
- 19 hours ago
Pakistan strengthens ties with global financial institutions
- 19 hours ago
Hania Aamir appointed as UN Women Pakistan’s National Goodwill
- 17 hours ago
India reduces Russian oil purchases by 50pc after intense US pressure
- 25 minutes ago
The world is producing more food crops than ever before
- 2 hours ago
Gold expensive by Rs1,900 per tola today
- 20 hours ago
The disaster at the CDC, explained by its former boss
- 2 hours ago
Saudi Arabia’s comedy festival is no laughing matter
- 2 hours ago
Expelliarmus! How to enjoy Harry Potter while disarming J.K. Rowling.
- 17 hours ago
Indonesia shaken by 6.7 magnitude earthquake
- 19 hours ago
Nestlé to slash 16,000 job adopting AI, automation systems
- 17 minutes ago
Forces conduct operations in KP, killing 34 Indian-sponsored Khawarij
- 18 hours ago
