Short term view - SIEMENS : The moving average is supporting prices.
The trend is momentarily interrupted by a consolidation on a shorter time horizon but prices remain above the invalidation level at €123.35. It can resume at anytime towards the target at €135.50.Arguments :
- Prices made a new all-time-high, this confirms the strength of the...
Siemens (Pakistan) Engineering Company Limited is engaged in the execution of projects under contracts and in manufacturing, sale and installation of electronic and electrical capital goods. The Company's segments include Power and Gas (PG), Energy Management (EM), Digital Factory (DF), Process Industries and Drives (PD), Logistics & Airport Solutions (LAS), and Healthcare (HC). PG segment includes supply, installation, commissioning and related services of power plant and related equipment. EM segment is engaged in execution of sub-station projects under contracts, supply of transformers, switchboards and panels, supply and installation of sub-station automation and telecommunication systems. DF and PD segments include designing, engineering services, and supply and installation of motors and drives. LAS segment includes designing, engineering and construction services in electrical field relating to airport projects. HC segment includes supply and services of healthcare equipment.
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