The rise of the Helsinki stock exchange strengthened towards the evening – a cheerful day at Konecranes

The week of the Helsinki Stock Exchange ended in an upward trend. The stock exchange’s general index closed with a rise of 0.7 percent to 9,875 points.

The stock exchange’s most traded share had risen by 0.4 percent to 41.50 euros Sampo.

Friday’s hot topic was Nokian rumor mill spinning around the cord. The Financial Times reported yesterday, citing its own sources, that Nokia would be looking for successors to the CEO Pekka for Lundmark and the chairman of the board Sari Baldaufille. Nokia has denied the matter.

Nokia shares closed up 0.2 percent to 3.78 euros.

Konecranes raised its verbal guidance on its revenue development this year late on Thursday, which was reflected in the company’s share price on Friday. However, the company kept its verbal profitability forecast unchanged.

Konecranes shares fell 4.7 percent to EUR 59.75.

Admicomin in the afternoon, a block trade of 630,000 euros was made with the shares. The transaction was made at a rate of EUR 48.20.

Admicom’s share ended at its previous closing level of 49.00 euros.

Partner told that its subsidiary of the Foamit Group managing director Kalle Härkönen resign immediately. The CEO’s duties in the company are now temporarily handled by the company’s CFO Valtteri Raunio.

Recommendation changes

Inderes calculated that it had announced its results yesterday Wood joy target price to EUR 11.00 (previously EUR 11.50), but repeated his recommendation for more. OP on the other hand, raised its recommendation to EUR 10.50 (previously EUR 10.00) and repeated its reduction recommendation.

Puulio’s share fell by 1.9 percent to 9.66 euros.

Danes raised Orion’s target price to EUR 50.00 (previously EUR 48.50), but lowered his recommendation to hold level (previously buy). Orion published a positive earnings warning yesterday.

Orion’s B share fell by 1.5 percent to 46.39 euros.

Source: www.arvopaperi.fi