The Helsinki Stock Exchange on Monday is a day of growth – Lindex is at the top

The general index of the Helsinki Stock Exchange ended just under ten tons, while at the end of trading the index was up 0.2 percent at 9999.26 points.

The most traded stock of the day was the bank Nordeawhose share ended with a decrease of 0.9 percent to 10.63 euros. From the list of the twelve most traded stocks, most were in an upward direction.

Among the most changed was also an energy company Fortumwho said he was selling his business in India to an Indian AM Green Technology & Solutionsille.

Fortum sells its 37.4 percent holding from Chempolis and its 40.3 percent share of the Indian Assam Bio Ethanol Pvt:from.

At the top of the rise was the department store group Lindex, whose share ended with a 6.6 percent increase to 2.92 euros.

Inderes moved today Lindex recommendation. Analysistalo changed Lindex’s recommendation to a buy level from the previous add level and kept the target price at 3.50 euros.

A supplier of environmental solutions was also on the rise Lamorwhose share strengthened by 4.2 percent to EUR 2.00.

Lamor said that he had signed a two-year contract worth at least eight million euros for land cleaning in Ecuador. According to the company’s press release, the order has been entered into Lamor’s order book in the third quarter of 2024.

Lamor also announced that it had concluded a three-year, EUR 12 million contract in Peru for the maintenance of oil response readiness and response services. The order will be entered in Lamor’s order book in the third quarter of 2024.

It was at the top of the list Nightingale Healthwhose share fell by 9.0 percent to 3.03 euros.

Inderes today raised the company’s target price to 2.90 euros from 1.60 euros and repeated the reduce recommendation.

Organizer of color ball events Rush Factory announced on Friday after the stock market closed that he plans to reunite with the chef known from television Akseli Herlevin of the Street Food Group with.

The merger is not yet certain, as it includes various conditions. For example, Rush Factory, which has struggled with financial difficulties, must sell its property in Masku for at least 750,000 euros.

On Monday, Rush Factory’s stock ended up with a rise of no less than 30.0 percent, but the company’s stock as a whole was traded for just over 3,600 euros. The share price ended up at 0.39 euros.

Chemical company Kemira announced today that it has completed an investment project worth millions of euros at its Nanjing production facility, which is located in the Jiangsu province of China.

The investment covers a third production line, new storage facilities and additional tank capacity, which, according to the company, improves customer deliveries and product availability. The new production line will be commissioned in October.

At the end of trading, Kemira’s share was up 0.8 percent at 22.34 euros.

IT company Tecnotreen the board decided to distribute a dividend of EUR 0.01 this year. The dividend is released today. If you want dividends, you must buy the shares on the trading day before the exit date.

Tecnotree’s share ended with a 1.7 percent increase to 3.38 euros.

Trade group Kesko told the stock exchange release about the composition of Kesko’s shareholders’ nomination committee.

The chairman of the nomination committee has been elected Pauli Jaakola K-merchants’ union named. Jouko Pölönen was chosen Ilmarinen Mutual Pension Insurance Company named. In addition, it was chosen Esa Kiiskinenwho is the chairman of Kesko’s board of directors.

Kesko’s B share was up 0.6 percent at 18.37 euros at the end of trading.

Logistics company Nurminen Logistics announces that he has appointed Niklas Nordström as the company’s financial director. He will start his position on January 1, 2025.

According to the company’s press release, Nordström will transfer to Nurminen Logistics Futurice of the CFO position. Before Futurice, he worked for listed companies SSH Communications Securityn mixed Biochitin as CFO.

Current CFO Kai Simberg will continue as the company’s CFO until 31 December 2024, after which he will retire.

Nurminen’s share ended down 0.5 percent to 0.80 euros.

My Savings Bank said that it will issue a EUR 30 million unsecured senior conditional bond.

The maturity date of the bond is September 30, 2027 and the loan has a variable interest rate.

The loan is part of the EUR 3,000,000,000 bond program.

OmaSp’s share ended with a 0.3 percent increase to 13.26 euros.

A software company Innofactor informed about transactions related to the company’s executives. The close circle of CEO Sami Ensio and board member Risto Lintur handed over a total of 4,447,159 shares of the company at an average price of 1.68 euros. The total price of the transactions is EUR 7,471,227.12.

Good luck Bidco-buyer consortium has made and is implementing a purchase offer for Innofactor. According to the final result, approximately 51.1 percent of Innofactor’s stock was held in the consortium’s hands in the purchase offer.

The buyer consortium includes Innofactor’s CEO, founder and major owner Sami Ensio, Capmanin capital fund as well as Osprey Capital.

Source: www.arvopaperi.fi