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Jul 16, 2026 اردو

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Markets

ABB beats forecasts with Q2 earnings and announces biggest-ever acquisition

ABB said its operational earnings before interest, tax and amortisation (EBITA) rose 20% to $1.93 billion in the three months to the end of June

Published July 16, 2026 Updated July 16, 2026 11:36am

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By Reuters

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ZURICH: ABB reported better-than-expected second quarter earnings on Thursday as the Swiss engineering company also announced its biggest-ever acquisition with a $5.5 billion deal for British automation company Rotork.

ABB said its operational earnings before interest, tax and amortisation (EBITA) rose 20% to $1.93 billion in the three months to the end of June.

ABB CEO says investors won’t wait long for capital to be returned

The figure beat forecasts for $1.88 billion in a company-gathered consensus of analysts.

ABB

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Forex
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Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 15	278.20
USD PKR Interbank Buying / Jul 15	278
USD to Japanese Yen / Jul 16	162.16
USD to Swiss Franc / Jul 16	0.81
Pound Sterling to USD / Jul 16	1.35
Euro to USD / Jul 16	1.15
SOFR % / Jul 15	3.55

Stock	Volume
S&P 500 / Jul 15	7,572.40
Nasdaq / Jul 15	26,269.23
Dow Jones / Jul 15	52,658.64
India Sensex / Jul 16	77,417.61
Tokyo Nikkei / Jul 16	66,796.79
Hang Seng / Jul 16	25,160.73
FTSE 100 / Jul 16	10,456.17
Germany DAX 30 / Jul 16	24,850.49
France CAC40 / Jul 16	8,330.54

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 15	18,480
Gold 10 Grams PKR / Jul 15	364,399
Petrol/Litre / Jul 16	310.71
Crude Oil USD/Barrel / Jul 16	79.40
Gold Spot USD/Ounce / Jul 16	4,026.75
Diesel/Litre / Jul 16	323.30
Cotton US¢/pound / Jul 16	80.72

Gainers
Losers
Leaders

Stock	Price
Shaheen Ins. / Jul 16 Shaheen Insurance Company Limited(SHNI)	10.50 ▲ 1 (10.53%)
Dadabhoy Cement / Jul 16 Dadabhoy Cement Industries Limited(DBCI)	15.46 ▲ 1.41 (10.04%)
Oilboy Energy / Jul 16 Oilboy Energy Limited(OBOY)	17.68 ▲ 1.61 (10.02%)
Power Cem(Pref) / Jul 16 Power Cement (Pref)(POWERPS)	26.14 ▲ 2.38 (10.02%)
Asim Textile / Jul 16 Asim Textile Mills Limited(ASTM)	25.83 ▲ 2.35 (10.01%)
Crescent Cotton / Jul 16 Crescent Cotton Mills Limited(CCM)	48.80 ▲ 4.44 (10.01%)
Shams Textile / Jul 16 Shams Textile Mills Limited(STML)	57.38 ▲ 5.22 (10.01%)
Ideal Spinning / Jul 16 Ideal Spinning Mills Limited(IDSM)	60.72 ▲ 5.52 (10%)
Maqbool Textile / Jul 16 Maqbool Textile Mills Limited(MQTM)	33.88 ▲ 3.08 (10%)
National Silk / Jul 16 The National Silk & Rayon Mills Limited(NSRM)	247.46 ▲ 22.5 (10%)

Stock	Price
Nets Internat.Comm. / Jul 16 Nets International Communication Limited(GEMNETS)	27.16 ▼ -3.02 (-10.01%)
Khairpur Sug. / Jul 16 Khairpur Sugar Mills Limited(KPUS)	2,079.41 ▼ -231.05 (-10%)
Service Textile / Jul 16 Service Industries Textiles Limited(SERT)	69.13 ▼ -7.68 (-10%)
S.G.Power / Jul 16 S.G. Power Limited(SGPL)	108.43 ▼ -12.05 (-10%)
Burj Clean Energy Modaraba / Jul 16 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	11.76 ▼ -1.29 (-9.89%)
Fateh Ind. / Jul 16 Fateh Industries Limited(FIL)	371 ▼ -38.81 (-9.47%)
First Punjab Modaraba / Jul 16 First Punjab Modaraba(FPJM)	12.35 ▼ -1.28 (-9.39%)
Tariq Corp. (R) / Jul 16 Tariq Corporation Limited(Right)(TCORPR2)	3.60 ▼ -0.35 (-8.86%)
Crescent Fib. / Jul 16 Crescent Fibres Limited(CFL)	57.70 ▼ -3.91 (-6.35%)
Ittefaq Iron Ind / Jul 16 Ittefaq Iron Industries Limited(ITTEFAQ)	9.18 ▼ -0.61 (-6.23%)

Stock	Volume
Lotte Chemical / Jul 16 Lotte Chemical Pakistan Limited(LOTCHEM)	56,986,845 ▲ 0.17
Ittefaq Iron Ind / Jul 16 Ittefaq Iron Industries Limited(ITTEFAQ)	30,018,968 ▼ -0.61
TPL Properties / Jul 16 TPL Properties Limited(TPLP)	26,020,766 ▲ 0.49
TPL REIT Fund I / Jul 16 TPL REIT Fund I(TPLRF1)	14,500,136 ▲ 0.13
B.O.Punjab / Jul 16 The Bank of Punjab(BOP)	13,148,594 ▲ 0.43
Cnergyico PK / Jul 16 Cnergyico PK Limited(CNERGY)	13,139,105 ▲ 0.03
LSE Capital / Jul 16 LSE Capital Limited(LSECL)	11,871,088 ▲ 0.03
Maple Leaf Cement / Jul 16 Maple Leaf Cement Factory Limited(MLCF)	10,967,069 ▲ 2.56
WorldCall Telecom / Jul 16 Worldcall Telecom Limited(WTL)	10,350,762 ▲ 0.01
Oilboy Energy / Jul 16 Oilboy Energy Limited(OBOY)	10,301,804 ▲ 1.61