Up day in Helsinki: Fortum +5%, Neste continued to suffer

On Thursday, the Helsinki Stock Exchange’s main index ended with an increase of about 1.0 percent to 9,691.50 points. Elsewhere in European stock markets, Thursday was broadly a day of growth.

They were at the top of the exchange on the Helsinki Stock Exchange Nordea (+1.6 %) and UPM (+2.2%). The third most traded general fuel manufacturer In thiswhich ended up 3.2 percent higher.

Neste’s course slipped last week after the US presidential election, and even more so on Friday, when the company had to issue yet another earnings warning due to the fire at the Rotterdam refinery.

This week, Neste’s price has risen from last week’s pits. By Thursday evening, the course had risen by a good seven percent overall from last Friday’s decision.

On Thursday, the leading energy company had a relatively strong rise Fortumwhose price ended up with a 5.4 percent increase. According to Bloomberg’s automated analysis, this would be the fastest daily rise in Fortum shares in a year.

A health technology company Nightingale Healthwhich said it had received the certification required for its Singaporean subsidiary to distribute medical devices, ended up 1.0 percent.

The trading group that reported sales figures from October Kesko fell by 0.3 percent.

The day’s earnings announcements, both of which extended their losses, ended higher. Pharmaceutical technology company Bioretecin the course rose by 2.4 percent and real estate investor Ovaron rate 0.9 percent.

Alisa Bank appointed as the new CEO on Thursday Sampsa Laine. Laine has previously worked in the financial sector in Nordea, Danish Bankissa and In Mandatumand in 2022–2023 the owner of the Makia clothing brand, which ended up in corporate restructuring Manna&Co:n as CEO.

On Thursday, Alisa Bank’s share price ended up with a brisk 9.9 percent increase with a turnover of just under 52,800 euros.

Nordea announced Per Långsvedin from the appointment as CEO of Nordea Life & Pension. Långsved has been the head of Nordea’s Swedish Personal Banking business. Along with his new role, he will continue as country manager for Sweden.