On Friday of last week, the general index of the Helsinki stock exchange ended up with a 2.5 percent decrease, and the trend seems to continue in the new week as well.
After a while of trading, the general index of the Helsinki stock exchange was down 2.9 percent at 9377.83 points.
The most traded stock of the morning was Nordea, whose share was down about 3.0 percent at EUR 9.83 at the time of the review. From the list of the twelve most traded stocks, all were down, except for the software supplier Innofactor, whose share rose by 1.5 percent.
At the top of the list were, among others, a conglomerate Asp with 6.5 percent and a gaming company Remedy with 6.1 percent.
There was a software company on the rise QPR Softwarewhose share was up 3.2 percent at 0.58 euros.
OP,’s chief wealth management strategist Lippo Suominen assesses Kauppalehti that the uncertainty seen in the world’s stock markets can also be seen in Finlandbut not necessarily as strong as elsewhere.
The fall has been seen in Asia, Europe and the United States as well. On Monday, Japan’s Nikkei index fell by 13 percent. In the United States, Index futures were in a downward trend at the time of the review. The reason behind the decline is, among other things, the fear of a recession in the United States and the decision of the Bank of Japan to raise its key interest rate by 0.15 percentage points last week.
Viafin grew in the second quarter
Lifeline SPAC 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.
The Board of Directors of Lifeline SPAC I has unanimously decided to recommend to the shareholders of Lifeline SPAC I to approve the merger and vote in favor of it.
After the merger, the company will change its name Cantau Oyjin accordance with the company purchased as
At the time of the review, the company’s share price was down 2.6 percent at 11.30 euros.
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.
In the morning, Tallink’s share was down 2.9 percent at EUR 0.60.
The industrial maintenance company published its results report today Viafin Service.
Viafin Service increased its turnover in the second quarter of 2024 to 26.6 million euros. At the same time a year earlier, the turnover was 21.3 million euros. Following the company Inderes predicts a turnover of 25.5 million euros.
Viafin Service’s operating profit increased to 1.6 million euros during April–June. In the comparison period, the operating profit was 1.1 million euros. Inderes anticipates an operating profit of 1.3 million.
At the time of the review, Viafin Service’s share was at 17.20 euros in Friday’s closing readings.
Recommendation and target price changes
OP notes Bittium target price to EUR 7.80 (previously EUR 6.50), the recommendation drops to the reduce level (previously increased).
ON laskee I will target price to EUR 8.30 (previously EUR 8.40), the recommendation rises to the buy level (previously more).
Inderes counts Robitin target price to EUR 1.90 (previously EUR 2.00), repeats the add recommendation.
Inderes raises Enersensen target price to 3.40 euros (previously 3.10 euros), the recommendation rises to the add level (previously reduce).
Source: www.arvopaperi.fi
