Trends - Siemens Gamesa - Business Recorder

Siemens Gamesa

European shares end higher

LONDON: European shares ended decidedly higher on Monday as an unexpected rise in German business morale underscored...

Published 24 May, 2022 05:35am

Markets

Wind powers change in England's industrial heartland

KINGSTON UPON HULL: On the banks of the River Humber in northern England, the winds of change are blowing through...

Published 06 Feb, 2022 10:38am

Markets

‘Extremely annoying’: Siemens Energy ups pressure on wind division

FRANKFURT: Siemens Energy cranked up the pressure on wind turbine division Siemens Gamesa on Wednesday, saying it ...

Published 05 Aug, 2021 04:34am

Markets

European bourses sink

AMSTERDAM/LONDON: Losses on Thursday knocked European shares 1.2% off all-time highs as a clutch of dismal earnings...

Published 16 Jul, 2021 04:34am

Business & Finance

Siemens Energy says it has no plans for full Siemens Gamesa takeover

Siemens Energy holds 67% of Siemens Gamesa.
Siemens Energy denies current plan to launch a takeover bid.
Siemens Gamesa shares rise after trading suspension lifts.

Published 18 May, 2021 08:43pm

Business & Finance

RWE to invest $4.1 billion in flagship UK offshore wind park

The 1.4 gigawatt project, to be located 195 kilometres from Britain's North East coast, represents RWE's largest offshore farm and is expected to be completed by the fourth quarter of 2026.
Successfully developing a project of this size once again demonstrates our expertise and positive track-record for delivering cost effective, innovative offshore wind energy around the globe.

Published 24 Mar, 2021 09:43pm

Business & Finance

Siemens Energy to cut 7,800 jobs in bid to raise margins

Most of the cuts will be implemented by 2023, Siemens Energy said, adding that they will incur estimated restructuring costs in a mid- to high-triple-digit million euro range for the fiscal years 2020 to 2023.

Published 02 Feb, 2021 11:49am

World

Biden election to fan US wind industry, Siemens Gamesa predicts

Prior to Biden's victory, the United States was expected to add about 10 gigawatt of onshore wind power every year.
That situation had "clearly changed", he added, forecasting opportunities despite a pledge by Biden to buy American-made goods.

Published 29 Jan, 2021 07:21pm

Markets

Dealmaking edges European stocks higher as long lockdown looms

Its stock led gains in Paris' CAC 40, while shares in French rival Casino rose 3.9pc.

Published 14 Jan, 2021 12:12am

Business & Finance

Siemens Gamesa, Siemens Energy tap hydrogen boom in wind alliance

Siemens Gamesa, Siemens Energy to invest 120 mln euro.
Turbines could be market-ready by mid-2020s.
Germany to contribute funds as part of hydrogen plan.

Published 13 Jan, 2021 05:43pm

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 29 Kohinoor Power Company Limited(KOHP)	5.88 ▲ 1.00 (20.49%)
Paramount Mod / Nov 29 First Paramount Modaraba(FPRM)	10.26 ▲ 1.00 (10.80%)
S.G.Power / Nov 29 S.G. Power Limited(SGPL)	5.17 ▲ 0.46 (9.77%)
Samba Bank / Nov 29 Samba Bank Limited(SBL)	8.57 ▲ 0.72 (9.17%)
Media Times Ltd / Nov 29 Media Times Limited(MDTL)	1.80 ▲ 0.14 (8.43%)
Service Textile / Nov 29 Service Industries Textiles Limited(SERT)	10.95 ▲ 0.84 (8.31%)
Arctic Textile / Nov 29 Arctic Textile Mills Limited(ARCTM)	14.84 ▲ 1.04 (7.54%)
Image Pakistan / Nov 29 Image Pakistan Limited(IMAGE)	19.05 ▲ 1.33 (7.51%)
Prosperity Weav / Nov 29 Prosperity Weaving Mills Limited(PRWM)	32.94 ▲ 2.30 (7.51%)
AKD Hospitality / Nov 29 AKD Hospitality Limited(AKDHL)	172.19 ▲ 12.01 (7.50%)

Stock	Price
Tri-Star Mutual / Nov 29 Tri-Star Mutual Fund Limited(TSMF)	4.40 ▼ -0.85 (-16.19%)
Dewan Textile / Nov 29 Dewan Textile Mills Limited(DWTM)	3.55 ▼ -0.60 (-14.46%)
Bawany Air Products / Nov 29 Bawany Air Products Limited(BAPL)	9.01 ▼ -0.97 (-9.72%)
Pak Gulf Leasing / Nov 29 Pak-Gulf Leasing Company Limited(PGLC)	6.80 ▼ -0.70 (-9.33%)
J.A.Textile / Nov 29 J.A. Textile Mills Limited(JATM)	46.29 ▼ -3.75 (-7.49%)
Metro Steel / Nov 29 Metropolitan Steel Corporation Limited(MSCL)	23.10 ▼ -1.87 (-7.49%)
Imperial Limited / Nov 29 Imperial Limited(IML)	13.90 ▼ -1.10 (-7.33%)
Sardar Chemical / Nov 29 Sardar Chemical Industries Limited(SARC)	25.80 ▼ -2.00 (-7.19%)
Asim Textile / Nov 29 Asim Textile Mills Limited(ASTM)	13 ▼ -1.00 (-7.14%)
Saritow Spinning / Nov 29 Saritow Spinning Mills Limited(SSML)	6.42 ▼ -0.45 (-6.55%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▲ 0.03
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▼ -0.02
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.19
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▼ -0.05
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▲ 0.01
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	24,938,598 ▼ -0.13
Ghani Chem. Ind. / Nov 29 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▼ -0.27
TPL Properties / Nov 29 TPL Properties Limited(TPLP)	14,283,958 ▼ -0.19
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▼ -0.67
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▼ -1.30

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	285.52
USD PKR Interbank Buying / Nov 29	285.02
USD to Japanese Yen / Nov 29	147.23
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
Nasdaq / Nov 28	14281.76
Dow Jones / Nov 28	35416.98
India Sensex / Nov 29	66637.46
Tokyo Nikkei / Nov 29	33302.60
Hang Seng / Nov 29	16952.85
FTSE 100 / Nov 29	7431.46
Germany DAX 30 / Nov 29	16036.43
France CAC40 / Nov 29	7246.91

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Crude Oil USD/Barrel / Nov 29	76.48
Gold Spot USD/Ounce / Nov 29	2043.84
Cotton US¢/pound / Nov 29	79.36