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ABB

Keeping Pakistan’s engines running: a Swiss partner in power

Updated 01 Aug, 2026 08:11am

Syed Muhammad Faisal, Country Managing Director Accelleron Pakistan

Pakistan–Switzerland Friendship

Published 01 Aug, 2026 05:59am

Switzerland (Officially the Swiss Confederation) had recognized Pakistan’s independence in 1947, but formal...

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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BR30
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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 30	277.31
USD PKR Interbank Buying / Sep 30	277.11
USD to Japanese Yen / Oct 1	158.32
USD to Swiss Franc / Oct 1	0.84
Pound Sterling to USD / Oct 1	1.32
Euro to USD / Oct 1	1.13
SOFR % / Sep 29	3.88

Stock	Volume
S&P 500 / Sep 30	7,651.54
Nasdaq / Sep 30	26,861.06
Hang Seng / Sep 30	24,613.27
Dow Jones / Sep 30	50,906.05
India Sensex / Oct 1	71,770.30
Tokyo Nikkei / Oct 1	68,956.72
FTSE 100 / Oct 1	10,413.82
Germany DAX 30 / Oct 1	24,851.64
France CAC40 / Oct 1	7,827.14

Item	Value
Petrol/Litre / Oct 1	387.40
Crude Oil USD/Barrel / Oct 1	92.53
Karachi Cotton PKR/37.32 KG / Oct 1	18,480
Gold 10 Grams PKR / Oct 1	376,059
Gold Spot USD/Ounce / Oct 1	4,162.20
Diesel/Litre / Oct 1	400.35
Cotton US¢/pound / Oct 1	78.41

Gainers
Losers
Leaders

Stock	Price
Dewan Motors / Oct 1 Dewan Farooque Motors Limited(DFML)	17.49 ▲ 1.59 (10%)
Ellcot Spinning / Oct 1 Ellcot Spinning Mills Limited(ELSM)	196.28 ▲ 17.84 (10%)
First Imrooz Mod. / Oct 1 First Imrooz Modaraba(FIMM)	286.94 ▲ 26.09 (10%)
Fazal Cloth / Oct 1 Fazal Cloth Mills Limited(FZCM)	280.46 ▲ 25.5 (10%)
Mandviwala / Oct 1 Mandviwala Mauser Plastic Industries(MWMP)	84.78 ▲ 7.71 (10%)
Popular Islamic / Oct 1 Popular Islamic Modaraba(PIM)	65.60 ▲ 5.96 (9.99%)
Arctic Textile / Oct 1 Arctic Textile Mills Limited(ARCTM)	57.29 ▲ 5.17 (9.92%)
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	15.68 ▲ 1.41 (9.88%)
Lse Spac-I Ltd. / Oct 1 Lse Spac-I Limited(SPAC1)	22.36 ▲ 1.95 (9.55%)
Asim Textile / Oct 1 Asim Textile Mills Limited(ASTM)	124.56 ▲ 10.6 (9.3%)

Stock	Price
EFU Life Assr / Oct 1 EFU Life Assurance Limited(EFUL)	125 ▼ -39.01 (-23.79%)
Ashfaq Textile / Oct 1 Ashfaq Textile Mills Limited(ASHT)	45.51 ▼ -5.06 (-10.01%)
First Tri-Star Mod. / Oct 1 First Tri-Star Modaraba(FTSM)	44.03 ▼ -4.89 (-10%)
Pakistan Credit Rating Agency / Oct 1 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	43.67 ▼ -4.85 (-10%)
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	26.14 ▼ -2.9 (-9.99%)
East West Ins. / Oct 1 East West Insurance Company Limited(EWIC)	59.25 ▼ -6.37 (-9.71%)
Asia Ins. / Oct 1 Asia Insurance Company Limited(ASIC)	32.42 ▼ -3.43 (-9.57%)
Karam Ceramics / Oct 1 Karam Ceramics Limited(KCL)	156.18 ▼ -15.27 (-8.91%)
Power Cem(Pref) / Oct 1 Power Cement (Pref)(POWERPS)	29.62 ▼ -2.87 (-8.83%)
Apna Microfin. / Oct 1 Apna Microfinance Bank Limited(AMBL)	18.07 ▼ -1.73 (-8.74%)

Stock	Volume
Kohinoor Spinning / Oct 1 Kohinoor Spinning Mills Limited(KOSM)	93,751,754 ▲ 0.11
F. Nat.Equities / Oct 1 First National Equities Limited(FNEL)	38,616,570 ▲ 0.09
Cnergyico PK / Oct 1 Cnergyico PK Limited(CNERGY)	26,026,242 ▼ -0.14
Pak Int.Bulk / Oct 1 Pakistan International Bulk Terminal(PIBTL)	25,714,456 ▲ 0.03
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	22,551,198 ▼ -2.9
Tasdeeq Info. Serv. / Oct 1 Tasdeeq Information Services Limited(TISL)	19,722,398 ▲ 0
K-Electric Ltd. / Oct 1 K-Electric Limited(KEL)	17,323,432 ▼ -0.03
WorldCall Telecom / Oct 1 Worldcall Telecom Limited(WTL)	17,315,970 ▼ -0.01
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	16,558,025 ▲ 1.41
Pak Refinery / Oct 1 Pakistan Refinery Limited(PRL)	16,113,756 ▼ -1.8

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