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PSX Now Has 15 Billion-Dollar Companies, Up from Just 3 in 2023

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Legal Editorial Desk
PSX Now Has 15 Billion-Dollar Companies, Up from Just 3 in 2023
The Pakistan Stock Exchange (PSX) has witnessed a surge in $1 billion plus market capitalization countries in the last couple of years. Two years ago, only 3 companies (OGDC, Nestle & Colgate) had a market cap above $1 billion. A year ago, MEBL, MARI, UBL & PPL joined the exclusive club. Today, the list has grown to 15 companies, reflecting strong market performance and investor confidence. The latest entrant into the $1 billion club is National Bank of Pakistan (NBP), the fifth listed bank to surpass a market capitalization of $1 billion.
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Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

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