On Monday, stock market prices plunged all over the world, and Helsinki was no exception. During the day, however, the decline softened from the opening plunge of more than 3 percent, and finally the general index ended with a 2.4 percent decline to 9,429 points.
In Europe, the broad Stoxx Europe 600 closed down 3.1 percent. During the day, Frankfurt’s DAX weakened by 1.7 percent and London’s FTSE 100 by about 2.1 percent.
The dozen most traded stocks on the Helsinki Stock Exchange all fell, and many lost several percent of their market value. The largest bill was the energy company At Fortum, whose shares fell 5.0 percent from Friday’s closing figures. Also a network equipment manufacturer Nokian (-3.6 %) and Sammon (-3.2%) the decline was steep.
Nordic the stock was the most traded, closing down 1.1 percent.
It was on the rise Tecnotree with 2.3 percent. Also the object of the purchase offer Innofactor (1.5%) and the results announcer of the day Viafin Service (1.2%) reached the top of the climb.
Industrial maintenance company Viafin Service clearly increased both its turnover and operating profit in the second quarter.
Lifeline Spac will be listed in September
Lifeline SPAC said that it plans to list on the First North marketplace in September. According to the company’s stock exchange release, it will apply for the company’s A-series shares to be traded on the Nasdaq First North Growth Market Finland maintained by Nasdaq Helsinki. The planned listing date is September 17, 2024.
After the merger, the company will change its name to Canatu Oyj.
Shipping company Tallink Group transported 748,902 passengers in July, which is 6.1 percent less compared to July of the previous year.
There was a decrease especially in traffic between Finland and Sweden. There were 18 percent fewer passengers, 212,531 trips. Trips between Sweden and Estonia increased by 37 percent. A total of 95,397 passengers.
Nurminen Logistics says that he will start change negotiations. The change negotiations are related to the termination or strong reduction of Vainikkala’s terminal operations and the reorganization of Kotka’s freight forwarding operations.
There are 18 people involved in the change negotiations, and according to the employer’s preliminary estimate, the changes may lead to the termination of a maximum of 14 employment relationships.
Source: www.arvopaperi.fi
