On Wednesday, the Helsinki Stock Exchange’s main index ended very mildly above the previous day’s closing reading of 9,596.13 points. Elsewhere in Europe, the key stock market indices fell on Wednesday.
Wednesday’s most traded share was down 0.5 percent Nordea. The second most exchanged general fuel manufacturer In thiswhich was up 3.4 percent.
Neste announced on Tuesday that it had signed a contract Air Canadan with a contract in which it supplies the Canadian company with 60,000 tons, or about 77.6 million liters of low-carbon aviation fuel. Deliveries will start in December 2024.
Network technology company Nokia said on Wednesday that he had bought an American Rapidin technology functions and the R&D unit, in an effort to strengthen the development of its web API products. The purchase price was not announced.
Rapid is a Californian company founded in 2015 that specializes in API interfaces. Application Programming Interface– i.e. the API interface refers to an application programming interface that enables the sharing of functions and data between different software and systems.
Nokia’s share price ended with a decrease of 0.3 percent.
Construction company YITwhich unveiled an updated strategy and financial targets for 2025-2029 on Wednesday, ended down 1.6 percent.
Regarding the financial goals, the company aims for an adjusted operating profit percentage of at least seven percent, a return on committed capital of 15 percent, and an increase in turnover of at least five percent.
The compound annual growth rate (CAGR) is used for revenue growth, with 2024 as the base year.
A health technology company Optomedwhich announced on Wednesday new shares with options, fell 6.8 percent.
Starting Thursday, November 14, 62,900 new Optomed shares will be traded on the stock exchange’s main list, after which the total number of company shares will be 19,693,297.
Updated on November 13, 2024 at 7:05 p.m.: Added information about the contract announced by Neste on Tuesday.
Source: www.arvopaperi.fi
