The OMXH general index closed at the end of the day on Thursday with a decrease of 0.1 percent to 9,615 points. The news flow of the day was relatively quiet.
The most traded stock of the day was Nordeawhich ended up half a percent down at 10.89 euros.
Nordea shares received recommendation changes from analysts on Thursday. A US investment bank Jefferies lowered Nordea’s target price to 12.40 euros from the previous 12.70 euros and reiterated the buy recommendation. British Barclays also lowered its target price for Nordea to 11.80 euros from the previous 12.30 euros. Barclays’ recommendation remained at the add level. In addition Goldman Sachs lowered Nordea’s target price to 13.90 euros from the previous 14.20 euros, but the buy recommendation remained unchanged.
Second gear Nokia ended down 1.4 percent.
Liquid the stock fell 0.8 percent and Fortum’s 0.6 percent. Sambo however, rose by 0.9 percent.
The software company that was the subject of the recommendation changes rose to the top of the risers LeadDeskwhich increased by 7.7 percent to 6.44 euros.
Inderes raised LeadDesk’s target price to 8.50 euros from the previous 8.00 euros and raised its recommendation to a buy level from a previous add level.
Bioheat the stock rose six percent.
Pharmaceutical technology company Nexstim said that he received an order for an NBS System 5 with a NexSpeech module from a healthcare provider in the United States. The value of the order is not disclosed. The stock closed up three percent.
Among the hardest hitters was a drug developer Pharaohwhose share fell four percent to 2.35 euros. Also The speaker (-3.3%) the stock was among the decliners.
The CEO of the capital management company Taaleri said on Thursday by Peter Ramsay leaving his position. A new CEO has been appointed Ilkka Laurilawho starts in his position today, Thursday. Ramsay will serve in special positions on the board for the time being until July 8 at the latest.
Elevator company Kone (-0.1%) said it was supplying elevators and escalators and other equipment to the Peninsula Integrated Resort project in Sihanoukville on Cambodia’s southern coast. It is a five-star hotel and shopping center, which is scheduled to be completed in 2026. Kone booked the order for the last quarter of 2024
OP in the morning lowered Kone’s target price to 54.00 euros from the previous 56.00 euros and repeated the add recommendation.
A mining company Outokumpu updated the estimates of the ore resources and mineral reserves of the Kemi mine. Ore reserves have increased by 95 percent.
The increase is based on new underground drilling, which shows that the soil in the mining area is rich in chromium ore, which will extend the life of the mine. The ore reserves are significantly larger than previously estimated, totaling approximately 62.5 million tons instead of the previous estimate of approximately 32.1 million tons.
Source: www.arvopaperi.fi
