STOCK EXCHANGE: Helsinki remained glowing red – The scandalous company Afarak Group rose more than 40 percent

Stock markets ended lower in Europe. On Wall Street, the market glowed red as the stock exchanges closed across the Atlantic.

Investors are betting on the president of the United States Donald Trump’s customs threats and plans from Greenland. Trump would like Greenland to be part of the United States.

The general index describing the price development of Helsinki Stock Exchange shares fell 1.3 percent compared to Monday’s closing reading, i.e. to 12,432 points.

Stock exchange the most exchanged the top of the stocks remained on the decline. Nordea’s share fell by 0.3 percent, Sammo’s by 1.6 percent, UPM’s by 3.5 percent and Nokia by 1.7 percent. Neste rose by 0.7 percent.

Afarak Group rose more than 44 percent

The biggest increase was taken by the mining company Afarak Groupwhose share jumped 44.2 percent to 0.45 euros. In the case of cent shares, minor changes in euro can appear large in percentage terms.

Major investor Jorma Nieminen has bought Afarak Group’s shares so that the ownership has increased to more than five percent. The promontory commented briefly to Kauppalehtithat the share is bought when the company is trusted.

There is a lot of ambiguity in the Afarak Group, starting with the largest owner. The company’s phases have been reviewed for example in Talouselämä.

Mining company Sotkamo Silver rose 20.2 percent to 0.52 euros. Gold and silver prices have risen to record highs as market uncertainty increases.

Consulting company of the Digitalist Group the share rose 26.0 percent to 1.99 euros. Today, the company sent a single announcement, which informed the board member Wilhelm Rosenlevwin who sold the company’s shares for approximately 11,261 euros.

SEB’s funds sold Harvia’s shares

Bank SEB:n funds are sold Harvia shares, as a result, SEB is no longer the largest owner of Harvia, but the sixth largest.

Harvia’s share fell by 0.2 percent to 41.25 euros. The share was one of yesterday’s heaviest decliners on the Helsinki Stock Exchange.

Circuit board manufacturer Aspocomp Group released unaudited preliminary data from last year. Turnover increased by 41 percent to 38.8 million euros. Operating profit improved to 1.1 million euros from the previous year’s loss of 4.0 million euros.

Aspocomp Group shares rose 6.5 percent to 5.54 euros.