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Siemens

Independence Day of Pakistan: Message from Thomas E. Schultze, Consul of the Federal Republic of Germany

Published 14 Aug, 2026 06:40am

“On the occasion of the 79th Independence Day of Pakistan, I extend my warmest congratulations to the people of...

Broad-based selling knocks PSX

Published 23 Jul, 2026 05:26am

KARACHI: The Pakistan Stock Exchange (PSX) remained under heavy selling pressure on Wednesday as escalating...

European shares pull back as fragile US-Iran truce weighs on sentiment

Published 10 Apr, 2026 05:52am

FRANKFURT: European shares retreated on Thursday, after their strongest rally in over four years, as investors...

Siemens CEO says customers delaying new projects due to war

Published 31 Mar, 2026 05:24am

BEIJING: German industrial giant Siemens said on Monday that the Iran war has led to customers holding back on new...

Siemens (Pakistan) Engineering: performance and outlook

Updated 15 Jan, 2026 07:55am

Siemens (Pakistan) Engineering (PSX: SIEM) was incorporated in Pakistan as a public limited company in 1953. The...

Systems Limited appoints Saquib Ahmad as Global Chief Growth Officer

Published 01 Jan, 2026 04:29pm

Saquib Ahmad has assumed the role of Global Chief Growth Officer at Systems Limited, one of Pakistan’s largest...

OGDCL brings Soghri North Well-1 into production

Published 19 Sep, 2025 10:01am

Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company, announced on...

Siemens Pakistan approves closure of motor repairs business

Published 19 Sep, 2025 09:47am

Siemens (Pakistan) Engineering (SIEM) announced on Friday the approval of the discontinuation of its motor repairs...

Siemens recruits artificial intelligence expert from Amazon

Published 30 Jun, 2025 06:39pm

ZURICH: Siemens has recruited Amazon executive Vasi Philomin to its new position of head of data and artificial...

Siemens confirms growth outlook after Q2 figures beat forecasts

Published 15 May, 2025 11:23am

ZURICH: Siemens still expects to increase its full-year sales by between 3 and 7% “despite increased uncertainty”,...

Siemens (Pakistan) Engineering

Published 27 Mar, 2025 06:52am

Siemens (Pakistan) Engineering (PSX: SIEM) was incorporated in Pakistan as a public limited company in 1953. The...

Siemens to cut 8pc of jobs at struggling factory automation business

Published 26 Mar, 2025 08:01am

ZURICH: Siemens will cut 5,600 jobs at its Digital Industries business, the engineering company said on Tuesday, in...

Siemens raises around $1.5 billion from selling Siemens Healthineers stake

Published 20 Feb, 2025 04:44pm

German engineering company Siemens has raised roughly 1.45 billion euros ($1.5 billion) after selling a stake in...

New IPP deals: PM tasks Fatemi to address Siemens’ grievances

Updated 29 Nov, 2024 04:05pm

Siemens has invested substantial sums to establish Rousch Pakistan Power Limited (RPPL)

Siemens flags political risks ahead after profit falls in fourth quarter

Published 14 Nov, 2024 11:46am

ZURICH: Siemens reported a drop in profit at its industrial business on Thursday and said it expected slightly lower...

Siemens AG acquires additional stake in Pakistan’s subsidiary for Rs1.7bn

Published 01 Nov, 2024 04:38pm

Siemens AG, a German multinational technology conglomerate, has acquired an additional stake in Siemens (Pakistan)...

Siemens’ $10.6 billion Altair deal strengthens its industrial software offering

Published 31 Oct, 2024 06:05pm

Siemens is to buy U.S. engineering software firm Altair Engineering for $10.6 billion, strengthening its position in...

Siemens Energy raises 2024 free cash flow outlook after solid Q3

Published 07 Aug, 2024 11:41am

FRANKFURT/DUESSELDORF: Siemens Energy on Wednesday raised its free cash flow outlook for the second time in three...

Siemens profit surges despite energy woes

Published 15 Aug, 2023 06:30am

FRANKFURT: German industrial giant Siemens on Thursday said large orders for trains boosted earnings in the third...

Siemens Energy books $2.4bn in charges for wind turbine issues

Published 07 Aug, 2023 10:59am

FRANKFURT: Siemens Energy on Monday said problems recently unveiled at its wind turbine unit would cost it 2.2...

Siemens to invest $2.2bn to ramp up global production

Published 15 Jun, 2023 12:30pm

ZURICH: Siemens will spend 2 billion euros ($2.16 billion) on a new global investment plan, the German engineering...

Siemens profit triples on orders boost

Published 22 May, 2023 06:23am

FRANKFURT: German industrial conglomerate Siemens raised its outlook for 2023 on Wednesday after second-quarter...

Siemens Pakistan says it intends to sell energy portfolio

Updated 13 Mar, 2023 03:49pm

Siemens (Pakistan) Engineering Company Limited (SIEM), an engineering conglomerate and financial services...

Siemens to spin out motors and drives business as Innomotics

Published 06 Mar, 2023 08:18am

BERLIN: Siemens AG said Wednesday that the spin-out of its motors and drives business would result in a wholly owned...

Siemens signs 3bn euro train deal in India

Updated 16 Jan, 2023 06:34pm

ZURICH: Siemens has signed a 3 billion euro ($3.25 billion) contract to supply and service freight trains in India,...

Siemens Q4 profit beats view; sees persistent demand for hardware, software

Published 17 Nov, 2022 12:27pm

ZURICH: German engineering and technology group Siemens posted a better-than-expected fourth-quarter profit for its...

Siemens posts loss as energy spin-off struggles

Published 11 Aug, 2022 11:40am

FRANKFURT: German industrial conglomerate Siemens said Thursday it had made a significant net loss as it counted the...

Construction starts on Egypt’s first, Russian-built nuclear plant

Published 22 Jul, 2022 06:07am

CAIRO: Construction of a nuclear plant by Russia’s state-owned energy corporation Rosatom on Egypt’s north coast...

Russia's Gazprom tells Europe gas halt beyond its control

Published 19 Jul, 2022 12:54am

LONDON: Russia's Gazprom has told customers in Europe it cannot guarantee gas supplies because of 'extraordinary'...

Siemens and Nvidia collaborate to expand digital services

Published 29 Jun, 2022 08:16pm

ZURICH: Siemens has signed a partnership agreement with chip designer Nvidia Corp to create an industrial metaverse...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 29	277.32
USD PKR Interbank Buying / Sep 29	277.12
USD to Japanese Yen / Sep 30	157.03
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.32
Euro to USD / Sep 30	1.13
SOFR % / Sep 28	3.90

Stock	Volume
S&P 500 / Sep 29	7,670.84
Nasdaq / Sep 29	26,797.54
Dow Jones / Sep 29	51,349.92
India Sensex / Sep 30	72,729.39
Tokyo Nikkei / Sep 30	66,728.56
Hang Seng / Sep 30	24,534.37
FTSE 100 / Sep 30	10,714.17
Germany DAX 30 / Sep 30	25,546.29
France CAC40 / Sep 30	8,055.71

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 29	18,780
Gold 10 Grams PKR / Sep 29	374,945
Crude Oil USD/Barrel / Sep 30	89.69
Gold Spot USD/Ounce / Sep 30	4,309.98
Cotton US¢/pound / Sep 30	79.18
Petrol/Litre / Oct 1	387.54
Diesel/Litre / Oct 1	402.24

Gainers
Losers
Leaders

Stock	Price
Colony Tex.Mills Ltd / Sep 30 Colony Textile Mills Limited(CTM)	7.26 ▲ 1 (15.97%)
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	5.73 ▲ 0.77 (15.52%)
Lse Spac-I Ltd. / Sep 30 Lse Spac-I Limited(SPAC1)	20.41 ▲ 1.86 (10.03%)
Tri-Star Mutual / Sep 30 Tri-Star Mutual Fund Limited(TSMF)	16.57 ▲ 1.51 (10.03%)
Sindh Modaraba / Sep 30 Sindh Modaraba(SINDM)	33.28 ▲ 3.03 (10.02%)
Ghazi Fabrics / Sep 30 Ghazi Fabrics International Limited(GFIL)	26.38 ▲ 2.4 (10.01%)
Asim Textile / Sep 30 Asim Textile Mills Limited(ASTM)	113.96 ▲ 10.36 (10%)
Dadex Eternit / Sep 30 Dadex Eternit Limited(DADX)	150.32 ▲ 13.67 (10%)
First Punjab Modaraba / Sep 30 First Punjab Modaraba(FPJM)	29.04 ▲ 2.64 (10%)
Oilboy Energy / Sep 30 Oilboy Energy Limited(OBOY)	18.59 ▲ 1.69 (10%)

Stock	Price
Ashfaq Textile / Sep 30 Ashfaq Textile Mills Limited(ASHT)	50.57 ▼ -5.62 (-10%)
Ghani Chemworld Limited(PRS) / Sep 30 Ghani Chemworld Limited(PRS)(GCWLPRS)	118.83 ▼ -13.16 (-9.97%)
Burj Clean Energy Modaraba / Sep 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	11.25 ▼ -1.15 (-9.27%)
The Thal Ind.Corp. / Sep 30 The Thal Industries Corporation Limited(TICL)	918.13 ▼ -92.07 (-9.11%)
Pakistan Services / Sep 30 Pakistan Services Limited(PSEL)	1,019.63 ▼ -99.15 (-8.86%)
Mandviwala / Sep 30 Mandviwala Mauser Plastic Industries(MWMP)	77.07 ▼ -7.14 (-8.48%)
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	23.41 ▼ -1.84 (-7.29%)
D.M. Corporation / Sep 30 D.M. Corporation Limited(DMC)	165.33 ▼ -11.63 (-6.57%)
Cordoba Logistics / Sep 30 Cordoba Logistics & Ventures Limited(CLVL)	28.32 ▼ -1.94 (-6.41%)
EMCO Industries / Sep 30 Emco Industries Limited(EMCO)	32.10 ▼ -1.93 (-5.67%)

Stock	Volume
Pak Int.Bulk / Sep 30 Pakistan International Bulk Terminal(PIBTL)	73,446,994 ▲ 0.11
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	58,387,095 ▲ 0.77
Tasdeeq Info. Serv. / Sep 30 Tasdeeq Information Services Limited(TISL)	50,882,891 ▼ -0.09
Cnergyico PK / Sep 30 Cnergyico PK Limited(CNERGY)	28,308,841 ▲ 0.03
D.S. Ind. Ltd. / Sep 30 D.S. Industries Limited(DSIL)	21,823,804 ▲ 1.27
Arif Habib Corp / Sep 30 Arif Habib Corporation Limited(AHCL)	17,873,579 ▲ 0.1
Pak Refinery / Sep 30 Pakistan Refinery Limited(PRL)	17,817,038 ▲ 0.45
WorldCall Telecom / Sep 30 Worldcall Telecom Limited(WTL)	17,431,935 ▼ -0.01
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	16,575,953 ▼ -1.84
F. Nat.Equities / Sep 30 First National Equities Limited(FNEL)	14,238,200 ▲ 0

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