Pakistani Banks Among Top Performing Stocks in 2024
According to the latest report by S&P Global Market Intelligence, 4 Pakistani banks have made it to the list of the top 10 banks showing the highest stock growth in the Asia Pacific region (APAC) in 2024.
The report said that Pakistani banks performed exceptionally well, securing 6 positions out of the top 15,
with United Bank Limited (UBL) showing outstanding performance. UBL, which has a market capitalization of $1.68 billion, recorded a 159.7% share gain and ranked second in the region.
Apart from UBL, the National Bank of Pakistan, Bank Alfalah Limited, and Bank of Punjab also made it to the top 10 by showing excellent performance.
This feat is not only a major achievement for Pakistan’s banking sector but also highlights the country’s economic growth potential.
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