Trends - ABB - Business Recorder

ABB

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

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

Published 17 Apr, 2025 10:48am

Technology

ABB to launch share buyback program on February 10

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

Published 07 Feb, 2025 12:11pm

Business & Finance

ABB boosted by data centre demand during fourth quarter

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

Published 30 Jan, 2025 11:20am

Technology

ABB raises full year guidance after Q3 profit beats forecasts

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

Published 17 Oct, 2024 10:01am

Technology

ABB beats forecasts with first quarter earnings

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

Published 18 Apr, 2024 11:34am

Technology

ABB raises full year guidance after profit beats forecasts

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

Published 25 Apr, 2023 10:26am

Business & Finance

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

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

Published 05 Dec, 2022 05:47am

Business & Finance

ABB unveils higher sales and profit targets

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

Published 07 Dec, 2021 11:31am

Technology

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

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

Published 24 Nov, 2021 12:48pm

Business & Finance

ABB downgrades 2021 sales forecast on supply shortages

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

Published 25 Oct, 2021 05:35am

Business & Finance

ABB lowers sales guidance as supply bottlenecks bite

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

Published 21 Oct, 2021 11:17am

Business & Finance

ABB launches world's fastest electric car charger

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

Updated 30 Sep, 2021 11:24am

Supplements

ABB

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

Published 02 Aug, 2021 06:02am

Business & Finance

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

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.

Published 27 Apr, 2021 12:23pm

Business & Finance

ABB raises 2021 guidance as customers rebuild inventories

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.

Published 15 Apr, 2021 01:14pm

Business & Finance

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

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.

Published 17 Mar, 2021 06:06pm

Business & Finance

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

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.

Published 24 Feb, 2021 07:10pm

Business & Finance

ABB sees gradual improvement during 2021 after cautious start

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.

Published 04 Feb, 2021 01:28pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 1	281.17
USD PKR Interbank Buying / Jan 1	280.97
USD to Japanese Yen / Jan 1	143.67
USD to Swiss Franc / Jan 1	0.83
Pound Sterling to USD / Jan 1	1.33
Euro to USD / Jan 1	1.14

Stock	Volume
S&P 500 / Jan 1	5,525.21
India Sensex / Jan 1	79,212.53
Tokyo Nikkei / Jan 1	35,705.74
Nasdaq / Jan 1	17,382.94
Hang Seng / Jan 1	21,980.74
FTSE 100 / Jan 1	8,415.25
Dow Jones / Jan 1	40,113.50
Germany DAX 30 / Jan 1	22,242.45
France CAC40 / Jan 1	7,536.26

Item	Value
Petrol/Litre / Jan 1	254.63
Crude Oil USD/Barrel / Jan 1	63.17
Karachi Cotton PKR/37.32 KG / Jan 1	16,985
Gold 10 Grams PKR / Jan 1	298,950
Gold Spot USD/Ounce / Jan 1	3,327.60
Diesel/Litre / Jan 1	258.64
Cotton US¢/pound / Jan 1	68.80

Gainers
Losers
Leaders

Stock	Price
Gulistan Sp. / Apr 30 Gulistan Spinning Mills Limited(GUSM)	7.75 ▲ 0.87 (12.65%)
First IBL Mod. / Apr 30 First IBL Modaraba(FIBLM)	3.09 ▲ 0.33 (11.96%)
J.A.Textile / Apr 30 J.A. Textile Mills Limited(JATM)	20.90 ▲ 1.9 (10%)
PIA Holding Co.B / Apr 30 PIA Holding Company Limited B(PIAHCLB)	4,366.33 ▲ 396.94 (10%)
Sunrays Textile / Apr 30 Sunrays Textile Mills Limited(SUTM)	208.14 ▲ 18.92 (10%)
S.S.Oil / Apr 30 S.S.Oil Mills Limited(SSOM)	475.24 ▲ 43.2 (10%)
Punjab Oil / Apr 30 Punjab Oil Mills Limited(POML)	178.67 ▲ 16.24 (10%)
Shakarganj / Apr 30 Shakarganj Limited(SML)	52.73 ▲ 4.79 (9.99%)
First Elite Cap.Mod / Apr 30 First Elite Capital Modaraba(FECM)	12.68 ▲ 1.15 (9.97%)
Olympia Mills / Apr 30 Olympia Mills Limited(OML)	32.98 ▲ 2.98 (9.93%)

Stock	Price
Tariq Corp.Pref. / Apr 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.88 ▼ -1 (-12.69%)
Dewan Textile / Apr 30 Dewan Textile Mills Limited(DWTM)	5 ▼ -0.71 (-12.43%)
Sally Textile / Apr 30 Sally Textile Mills Limited(SLYT)	8 ▼ -1 (-11.11%)
At-Tahur Ltd. / Apr 30 At-Tahur Limited(PREMA)	63.88 ▼ -7.1 (-10%)
AGP Limited / Apr 30 AGP Limited(AGP)	186.05 ▼ -20.67 (-10%)
Jubilee Spinning / Apr 30 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.40 ▼ -1.15 (-9.96%)
Bela Auto / Apr 30 Bela Automotives Limited(BELA)	127 ▼ -14 (-9.93%)
Popular Islamic / Apr 30 Popular Islamic Modaraba(PIM)	13.50 ▼ -1.48 (-9.88%)
United Brands / Apr 30 United Brands Limited(UBDL)	20.99 ▼ -2.27 (-9.76%)
Aisha Steel(ConPS) / Apr 30 Aisha Steel(ConPS)(ASLPS)	15 ▼ -1.62 (-9.75%)

Stock	Volume
WorldCall Telecom / Apr 30 Worldcall Telecom Limited(WTL)	21,128,914 ▼ -0.02
Cnergyico PK / Apr 30 Cnergyico PK Limited(CNERGY)	18,985,546 ▼ -0.31
Power Cement / Apr 30 Power Cement Limited(POWER)	11,619,829 ▼ -0.28
At-Tahur Ltd. / Apr 30 At-Tahur Limited(PREMA)	9,453,212 ▼ -7.1
Maple Leaf Cement / Apr 30 Maple Leaf Cement Factory Limited(MLCF)	9,355,654 ▼ -1.61
Sui South Gas / Apr 30 Sui Southern Gas Company Limited(SSGC)	9,039,443 ▼ -1.99
B.O.Punjab / Apr 30 The Bank of Punjab(BOP)	8,908,972 ▼ -0.29
Sui North Gas / Apr 30 Sui Northern Gas Pipelines Limited(SNGP)	8,305,476 ▼ -2.47
Fauji Cement / Apr 30 Fauji Cement Company Limited(FCCL)	8,138,802 ▼ -0.88
Fauji Foods Ltd / Apr 30 Fauji Foods Limited(FFL)	7,736,701 ▼ -0.71

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