SIEMENS AG (SIE)

SIEMENS AG (SIE)


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Siemens AG Profile

Siemens AG (SIE) is a 174-year-old German multinational conglomerate company that operates in healthcare, digital software development, energy, industry, transport, and infrastructure. Siemens AG (SIE) is headquartered in Munich. The company is the largest industrial manufacturer in Europe, and it’s a major component of the German Stock Market Index (DAX) which consists of the 30 major German blue-chip companies traded on the Frankfurt Stock Exchange (FWB). Siemens’ (SIE) market cap is $112.61B (USD). Once Germany’s “dishwasher giant” has adopted a more symbolic meaning since the company has been led to the courts numerous times. Siemens (SIE) paid hundreds of billions in fines, accused of having established a lobbying network of more than 2,700 people around the world. After more than two decades of bribery tradition, the company’s new CEO is trying to change Siemens’ (SIE) image by focusing on software technology development. A big contributor to SIE’s bullish share price performance during the pandemic is the direct and indirect collaboration with AstraZeneca (GSK), Pfizer-BioNTech, Johnson & Johnson’s (Janssen), Moderna, and Novavax (Novartis) for all available and in-trial COVID-19 vaccines.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in CET Time
Fri
09:00-17:30
Mon
09:00-17:30
Tue
09:00-17:30
Wed
09:00-17:30
Thu
09:00-17:30
Sun
Closed
Sat
Closed

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Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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