The Helsinki Stock Exchange closed lower on Tuesday – earnings publishers were mostly on the rise

The Helsinki Stock Exchange closed down on Tuesday. The general index OMXH was down 0.47 percent at 9,847.11 points when the stock exchange closed. Billing day was the second this week.

The stock exchange’s most traded stock had announced its results again on Monday Nordea, which was exchanged for 58.45 million euros. The company’s share closed down 0.52 percent.

Among the most exchanged companies Elisa’s the stock was the second largest decliner at x percent, even though the company slightly exceeded analyst expectations in its earnings release on Tuesday. In the larger decline, Nokia was among the most traded with a 2.82 percent decline. On the plus side, there were four of the most traded companies.

On Tuesday, five companies on the Helsinki Stock Exchange announced their results. The software company was best received on the market Hero’s result improvement. At the close of the stock exchange, the company’s share was the biggest increase of the day at 16.56 percent.

The increase was also made by the information service company, which exceeded analyst forecasts Enento Groupwhose price ended up with a 4.91 percent increase.

The biggest contributor was the restaurant group Noho Partnerswhose stock fell 6.1 percent on Tuesday.

Kempower recovered, Bittium got a new order

The charging station manufacturer collapsed after last week’s profit warning of Kempower the stock recovered slightly on Tuesday. The company announced the cooperation with a Belgian company Stormin with. Kempower’s share was up 0.8 percent at 13.84 euros when the stock exchange closed.

Defense industry software company Bittium said in the afternoon that he was supplying software radio systems and radios to the Croatian naval and land forces. The company said that it had received an order for its products, which was well received in the market. Bittium’s share closed with a gain of 6.91 percent.

During the evening Carnegie raised Revenion target price to 27.30 euros. The previous target price was 26.20 euros. A Carnegie analyst reiterated a hold recommendation.

Source: www.arvopaperi.fi