Topic

ABB

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

Published 16 Jul, 2026 11:36am

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 gives confident outlook for 2026

Published 29 Jan, 2026 12:59pm

Revenues rose 13% to $9.05 billion, beating forecasts for $8.73 billion

ABB sees ‘robust market’ so far unaffected by US tariffs

Published 16 Oct, 2025 11:35am

ZURICH: ABB is seeing a “robust” market situation with so far little impact on customer demand from the...

India’s Thermax misses profit estimates on weak demand for industrial machines

Published 10 May, 2025 12:14am

India’s Thermax reported fourth-quarter profit below expectations on Friday, hurt by weak demand for its industrial...

ABB Q1 profit beats forecasts as company announces robotics spin-off

Published 17 Apr, 2025 10:48am

ZURICH: ABB reported better than expected profit during its first quarter as the Swiss industrial group said it also...

ABB to launch share buyback program on February 10

Published 07 Feb, 2025 12:11pm

ZURICH: ABB will launch its new share buyback program of up to $1.5 billion on February 10, which would be up to...

ABB boosted by data centre demand during fourth quarter

Published 30 Jan, 2025 11:20am

ZURICH: ABB said it was seeing strong demand for electrical products used by data centres needed for artificial...

ABB raises full year guidance after Q3 profit beats forecasts

Published 17 Oct, 2024 10:01am

ZURICH: Swiss engineering group ABB on Thursday reported better-than-expected operating profit for its third quarter...

ABB beats forecasts with first quarter earnings

Published 18 Apr, 2024 11:34am

ZURICH: ABB reported better than expected profit at the start of the year, the Swiss engineering company said on...

ABB raises full year guidance after profit beats forecasts

Published 25 Apr, 2023 10:26am

ZURICH: ABB raised its full year outlook for sales and profit outlook on Tuesday after the engineering and...

ABB to pay $315m to settle US charges over South Africa bribes

Published 05 Dec, 2022 05:47am

NEW YORK: Swedish-Swiss industrial company ABB agreed to pay $315 million to settle US criminal charges that it...

ABB unveils higher sales and profit targets

Published 07 Dec, 2021 11:31am

ZURICH: ABB unveiled higher sales and profitability targets on Tuesday as the Swiss engineering company said it...

BlackRock joins e-car charging venture Ionity in $788mn funding round

Published 24 Nov, 2021 12:48pm

FRANKFURT: BlackRock, the world's largest money manager, has joined electric vehicle charging (EV) venture Ionity in...

ABB downgrades 2021 sales forecast on supply shortages

Published 25 Oct, 2021 05:35am

ZURICH: Swiss engineering group ABB on Thursday downgraded its sales expectations for 2021 as global shortages in...

ABB lowers sales guidance as supply bottlenecks bite

Published 21 Oct, 2021 11:17am

ZURICH: ABB lowered its full-year sales outlook on Thursday, as the Swiss engineering and technology group became ...

ABB launches world's fastest electric car charger

Updated 30 Sep, 2021 11:24am

ZURICH: ABB has launched the world's fastest electric car charger, the Swiss engineering company said on Thursday, ...

ABB

Published 02 Aug, 2021 06:02am

About ABB ABB is a leading global technology company that energizes the transformation of society and industry to...

ABB may list electric car charging business, Q1 profit jumps by a third

Published 27 Apr, 2021 12:23pm

It said it had not been affected in the first quarter by the global shortage of semiconductor chips, although it was seeing tighter supplies like many other technical firms.

ABB raises 2021 guidance as customers rebuild inventories

Published 15 Apr, 2021 01:14pm

The engineering company also reported first quarter orders rising 1% to $7.75 billion, while its operational profit margin (EBITA) increased to 13.5% from 10.2% a year earlier.

ABB prepares turbocharging unit for sale or spin-off, picks banks

Published 17 Mar, 2021 06:06pm

Chief Executive Bjorn Rosengren said last month that ABB would exit the business towards the end of 2021, adding that the business generates around 75% of its sales form services, which made it very resilient.
People familiar with the matter have said that the turbocharger business could raise fetch a price tag of $1.5 to $2 billion.

ABB's robots to meet post pandemic demand for workforce that never gets sick

Published 24 Feb, 2021 07:10pm

More companies in pharmaceuticals, logistics, electronics and food and beverage manufacturing want to use robots, ABB said, with investment set to increase as companies emerge from lockdowns.
Customers want to be independent of these fluctuations in future.

ABB sees gradual improvement during 2021 after cautious start

Published 04 Feb, 2021 01:28pm

ABB is a signifier for the health of the broader economy, with companies ordering more drives and controllers when they want to ramp up production.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 21	278.12
USD PKR Interbank Buying / Jul 21	277.92
USD to Japanese Yen / Jul 21	163.14
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 21	3.59

Stock	Volume
S&P 500 / Jul 21	7,509.20
India Sensex / Jul 21	77,470.11
Nasdaq / Jul 21	25,837.21
FTSE 100 / Jul 21	10,585.91
Dow Jones / Jul 21	52,224.64
Germany DAX 30 / Jul 21	25,011.35
France CAC40 / Jul 21	8,363.14
Tokyo Nikkei / Jul 22	67,511.12
Hang Seng / Jul 22	24,903.04

Item	Value
Crude Oil USD/Barrel / Jul 21	85.03
Karachi Cotton PKR/37.32 KG / Jul 21	18,880
Gold 10 Grams PKR / Jul 21	368,000
Gold Spot USD/Ounce / Jul 21	4,114.26
Cotton US¢/pound / Jul 21	80.06
Petrol/Litre / Jul 22	320.73
Diesel/Litre / Jul 22	367.21

Gainers
Losers
Leaders

Stock	Price
Sally Textile / Jul 22 Sally Textile Mills Limited(SLYT)	16.13 ▲ 1.47 (10.03%)
Dadabhoy Cement / Jul 22 Dadabhoy Cement Industries Limited(DBCI)	22.64 ▲ 2.06 (10.01%)
F.Credit & Inv / Jul 22 First Credit and Investment Bank Limited(FCIBL)	35.93 ▲ 3.27 (10.01%)
Gammon Pak / Jul 22 Gammon Pakistan Limited(GAMON)	24.18 ▲ 2.2 (10.01%)
Pak.Int.Cont.. / Jul 22 Pakistan International Container(PICT)	58.50 ▲ 5.32 (10%)
Ahmad Hassan / Jul 22 Ahmad Hassan Textile Mills Limited(AHTM)	121.25 ▲ 11.02 (10%)
Asia Ins. / Jul 22 Asia Insurance Company Limited(ASIC)	45.86 ▲ 4.17 (10%)
Olympia Mills / Jul 22 Olympia Mills Limited(OML)	143.18 ▲ 13.01 (9.99%)
National Silk / Jul 22 The National Silk & Rayon Mills Limited(NSRM)	360 ▲ 30.63 (9.3%)
Sindh Abadgar / Jul 22 Sindh Abadgar's Sugar Mills Limited(SASML)	398 ▲ 31.99 (8.74%)

Stock	Price
Suhail Jute / Jul 22 Suhail Jute Mills Limited(SUHJ)	244 ▼ -26.97 (-9.95%)
Aisha Steel (CPS) / Jul 22 Aisha Steel Mills Limited (CPS)(ASLCPS)	64 ▼ -6.94 (-9.78%)
Shams Textile / Jul 22 Shams Textile Mills Limited(STML)	54.29 ▼ -5.39 (-9.03%)
Crescent Cotton / Jul 22 Crescent Cotton Mills Limited(CCM)	60.05 ▼ -4.81 (-7.42%)
Imperial Limited / Jul 22 Imperial Limited(IML)	22.25 ▼ -1.72 (-7.18%)
JS Investments / Jul 22 JS Investments Limited(JSIL)	42.51 ▼ -3.24 (-7.08%)
Pak Synthetics / Jul 22 Pakistan Synthetics Limited(PSYL)	140.01 ▼ -8.61 (-5.79%)
Aisha Steel(ConPS) / Jul 22 Aisha Steel(ConPS)(ASLPS)	21.01 ▼ -1.28 (-5.74%)
Khairpur Sug. / Jul 22 Khairpur Sugar Mills Limited(KPUS)	1,430 ▼ -85.89 (-5.67%)
Next Capital / Jul 22 Next Capital Limited(NEXT)	14.56 ▼ -0.79 (-5.15%)

Stock	Volume
Trust Sec.& Brok. / Jul 22 Trust Securities & Brokerage Limited(TSBL)	72,333,936 ▲ 0.07
Cnergyico PK / Jul 22 Cnergyico PK Limited(CNERGY)	24,997,357 ▼ -0.08
TPL Properties / Jul 22 TPL Properties Limited(TPLP)	12,122,520 ▲ 0.1
Pak Refinery / Jul 22 Pakistan Refinery Limited(PRL)	7,878,721 ▲ 0.26
F. Nat.Equities / Jul 22 First National Equities Limited(FNEL)	6,404,503 ▲ 0.02
B.O.Punjab / Jul 22 The Bank of Punjab(BOP)	5,093,341 ▲ 0.09
WorldCall Telecom / Jul 22 Worldcall Telecom Limited(WTL)	4,658,294 ▲ 0
TPL Corp Ltd / Jul 22 TPL Corp Limited(TPL)	4,010,276 ▼ -0.14
K-Electric Ltd. / Jul 22 K-Electric Limited(KEL)	3,124,538 ▼ -0.12
Dewan Farooque Sp. / Jul 22 Dewan Farooque Spinning Mills Limited(DFSM)	2,916,883 ▲ 1.12

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