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United Bank Limited

PSX record rally: more Pakistani companies join billion-dollar club

Number of companies with over billion-dollar capitalisation increases from six in May 2024 to 11 in December 2024

Published 16 Dec, 2024 04:16pm

Business & Finance

One for 325: UBL board approves merger with Silkbank via share swap

United Bank Limited (UBL), one of Pakistan’s largest commercial banks, has approved the amalgamation of Silkbank...

Updated 03 Dec, 2024 05:10pm

Business & Finance

UBL’s profit clocks in at massive Rs15.3bn in 2QCY24

United Bank Limited (UBL), one of Pakistan’s largest commercial banks, posted consolidated earnings of a massive...

Updated 31 Jul, 2024 05:59pm

Business & Finance

UBL to sell 55pc stake in UNBL UK to Bestway Group

KARACHI: United Bank Limited (UBL) has finalized the sale of its 55 percent stake in United National Bank Limited UK...

Published 06 Jul, 2024 05:18am

Business & Finance

Transaction complete: UBL sells off stake in its UK subsidiary to Bestway Group

United Bank Limited (UBL), one of Pakistan’s largest commercial banks, has successfully concluded the transaction...

Updated 05 Jul, 2024 07:09pm

Business & Finance

Lucky Cement Limited: UBL concludes USD based Standby Letter of Credit Facility

KARACHI: United Bank Limited (UBL) recently concluded a USD based Standby Letter of Credit Facility (equivalent to ...

Published 02 Jul, 2024 05:07am

Markets

Reclassification: MSCI adds NBP to Frontier Market Index

In a positive development, Morgan Stanley Capital International (MSCI) Inc., in its results of the May 2024 index...

Updated 15 May, 2024 04:48pm

Business & Finance

UBL to build regional office at Naya Nazimabad

KARACHI: United Bank Limited (UBL) - a leading bank of Pakistan, has acquired a 14,092 sq. yards commercial plot in...

Updated 14 May, 2024 06:13am

Business & Finance

UBL introduces SoftPOS solution with TapSys

KARACHI: United Bank Limited (UBL), in collaboration with technology innovator TapSys, proudly announce the launch ...

Published 02 Apr, 2024 04:37am

Business & Finance

UBL’s profit clocks in at Rs56.5bn, up 76% in 2023

United Bank Limited (UBL), one of the country’s largest commercial banks, posted consolidated earnings of Rs56.47...

Updated 21 Feb, 2024 10:05pm

Business & Finance

Enforcement action: SBP imposes over Rs465mn in penalties on 10 banks

The State Bank of Pakistan (SBP) imposed penalties worth Rs465.08 million on 10 banks during the quarter ended...

Updated 30 Jan, 2024 10:46pm

Business & Finance

Askari Bank latest to establish wholly-owned Exchange Company

Askari Bank Limited, a subsidiary of Fauji Foundation, announced on Friday it will establish an Exchange Company...

Updated 27 Oct, 2023 10:57pm

Business & Finance

UBL’s profit up 128% during July-September

United Bank Limited (UBL), one of the country’s largest commercial banks, posted earnings of Rs15.04 billion for the...

Published 25 Oct, 2023 04:06pm

Markets

Habib Metropolitan Bank says it will establish wholly-owned EC

The Board of Directors of Habib Metropolitan Bank (HMB), a subsidiary of Habib Bank AG Zurich – Switzerland,...

Published 10 Oct, 2023 05:44pm

Business & Finance

EC also to be set up: UBL board approves divestment of stake in UNBL UK

KARACHI: The board of directors of United Bank Limited (UBL), in its meeting held on September 11, 2023 made...

Published 13 Sep, 2023 06:17am

Markets

UBL says will establish wholly-owned Exchange Company

The Board of Directors (BoD) of United Bank Limited (UBL), one of the largest commercial banks in the country, has...

Updated 12 Sep, 2023 03:29pm

Business & Finance

Dollar East Exchange Co and UBL sign strategic partnership

LAHORE: Dollar East Exchange Company Pvt Ltd and United Bank Limited (UBL) recently signed a Memorandum of...

Published 16 Aug, 2023 05:50am

Markets

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 28 Jul, 2023 03:03am

Markets

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 27 Jul, 2023 06:26am

Business & Finance

1H2023: UBL earns Rs52bn PBT

KARACHI: United Bank Limited (UBL) declared a consolidated profit before tax (PBT) of Rs 52.0 billion for the half...

Published 22 Jul, 2023 06:06am

Markets

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 20 Jul, 2023 03:12am

Business & Finance

SBP designates D-SIBs for 2023

KARACHI: The State Bank of Pakistan has announced the designation of D-SIBs for the year 2023 under the framework ...

Published 20 Jul, 2023 03:12am

Business & Finance

Pakistan’s central bank designates NBP, HBL & UBL as D-SIBs

The State Bank of Pakistan (SBP) on Wednesday announced the designation of Domestic Systemically Important Banks...

Published 19 Jul, 2023 04:32pm

Business & Finance

MCB Bank to conduct Silkbank’s due diligence

The Board of Directors (BoD) at MCB Bank has given its go-ahead to the management to conduct due diligence of...

Published 29 May, 2023 01:45pm

Business & Finance

UBL goes live on Temenos to power digital corporate lending

KARACHI: United Bank Limited (UBL), one of the largest banks in Pakistan with 11 million customers, has gone live...

Published 12 May, 2023 05:59am

Business & Finance

D-SIBs: SBP announces designation for 2022

KARACHI: The State Bank of Pakistan (SBP) has announced the designation of D-SIBs for the year 2022 under the...

Published 16 Dec, 2022 07:28am

Business & Finance

UBL, SEDF sign agreement

KARACHI: United Bank Limited (UBL) and Sindh Enterprise Development Fund (SEDF) recently signed an agreement for...

Published 08 Dec, 2022 06:54am

Pakistan

Moody's downgrades ratings of five Pakistani banks; maintains negative outlook

Moody’s says rating actions reflect the Government of Pakistan's reduced capacity to support the banks

Updated 11 Oct, 2022 08:42pm

Business & Finance

UBL and PIA sign agreement

KARACHI: United Bank Limited (UBL) and Pakistan International Airlines (PIA) recently signed an agreement to offer...

Published 28 Sep, 2022 07:42am

Business & Finance

Fintech innovation: UBL Digital and Shorooq Partners ink agreement

KARACHI: United Bank Limited (UBL) has joined hands with the leading tech investor in the region Shorooq Partners, ...

Published 07 Sep, 2022 04:13am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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