STOCK EXCHANGE: Sampo slumped badly in the stock exchange

The Helsinki Stock Exchange closed on Friday’s decline. The general index fell by 0.6 percent to 12,690 points.

Despite the countdown, the market mood has calmed down since the beginning of the week, when the president Donald Trump visited the World Economic Forum in Davos on Wednesday and Thursday and said that the United States will not acquire Greenland from Denmark by force and will not impose additional tariffs on European countries that have supported Denmark.

Network equipment company Ericsson closed in a clear rise. The share jumped 9.0 percent after the earnings report, which was clearly stronger than market expectations. In the background are largely efficiency measures.

Ericsson’s adjusted operating profit was SEK 12.3 billion, while the consensus of 29 analysts gathered by Factset expected a result of SEK 10.1 billion. In the comparison period October–December 2024, the adjusted operating result was 9.6 billion kroner.

Turnover in October–December was 69.3 billion kroner. The analyst consensus expected turnover of 66.6 billion. In the comparison period from October to December 2024, the company had a turnover of 72.9 billion kroner. Turnover thus decreased by about five percent.

The turnover of the online business, which is important to the company, decreased by approximately six percent. The company also plans to increase investments in defense in 2026.

A competitor in Ericsson’s wake Nokian the stock closed up 2.6 percent for the third time of the day as the most traded stock.

The most traded stock of the day was a non-life insurer Sampowhich fell as much as 5.5 percent to 9.25 euros. The decline was widespread, as the Stoxx Europe 600 Insurance index also fell by 1.7 percent.

One explanation for the drop is investors’ desire to lighten their holdings after US-based Lemonade said earlier this week it would offer a 50 percent discount to customers who have Tesla’s self-driving feature enabled. Investors would therefore fear that the decision would weaken the profitability of insurance companies by increasing price competition.

Digitalist rose

On the list of risers the scramble seen this week continued Digitalist Group. The company closed up 27 percent. The consulting company announced late Wednesday that they had agreed Paul Ehrnrooth investment company Turretin with a million euro loan to strengthen the company’s working capital.

The silver mining company was also in good shape again Sotkamo Silver (+16.5%) and a gold mining company Endomines (+6,8 %).

Electronics contract manufacturer Scanfil (+5.2%) announced on Thursday evening that it had completed the Italian electronics contract manufacturer MB Electronics acquisition. Scanfil is holding a press conference about the acquisition today.

Food technology company Solar Foods said yesterday evening, after the stock market closed, that it has collected around EUR 25 million through a directed share issue. According to the announcement sent out by Solar Foods at night, approximately 5.2 million shares were subscribed in the issue at a subscription price of EUR 4.85 per share. The subscribed shares correspond to approximately 17.2 percent of the shares after the issue.

The price was about 15.2 percent lower compared to the company’s closing price yesterday.

About 1.6 million of the more than five million shares were directed Gea for Finland. Solar Foods announced last night that it is planning a strategic cooperation with Gea, which is to supply process equipment to the new production facility.

The Solar Foods share closed down 12.9 percent to EUR 4.98.

Forest Board (+0.3%) announced that it has signed an agreement today to purchase the Winschoten filing and service center in the Netherlands, owned by Konvertia Group. The transaction is scheduled to take place in February 2026. The parties have agreed that the purchase price will not be disclosed.

Finanstilsynet, which oversees the Danish financial market, has ordered Saxo Bank, which specializes in securities trading, to pay a fine of 313 million Danish kroner, or about 42 million euros. The payment is related to a review focused on anti-money laundering processes, which owns Saxo Bank shares Mandatum it is written in the bulletin.

Mandatum is selling all the shares it owns, i.e. 19.8 percent of Saxo Bank’s shares, for around EUR 319 million to the Swiss bank Bank J. Safra Saras.

The CEO of Aspo’s subsidiary is changing

Multidisciplinary company At least (+0.0%) CEO Rolf Jansson Aspo’s subsidiary was appointed Telephone as CEO. According to the company’s press release, Telko’s CEO Mikko Pasanen it has been agreed with that he will leave his position.

Aspo has three subsidiaries, which are Telko, The baker and ESL Shipping. The company is considering a partial split or selling ESL Shipping, which it announced in November last year.

On Friday, several changes were made to investment recommendations and target prices.

Inderes raises Nordic the target price to EUR 17.50 (previously EUR 15.00) and lowers the recommendation to the decrease level from the previous increase level.

Inderes counts Ecoupin the target price to 1.40 euros (previously 1.70 euros) and repeats the reduce recommendation.

Nordea raises Kemira the target price to EUR 25.00 (previously EUR 24.00) and repeats the buy recommendation.

Nordea raises Calamari the target price to EUR 51.00 (previously EUR 44.00) and repeats the buy recommendation.

OP raise Atrium the target price to EUR 16.70 (previously EUR 15.80) and lowers the recommendation to the decrease level from the previous increase level.

DNB Carnegie raise Fortum’s the target price to EUR 17.90 (previously EUR 17.70) and reiterates the hold recommendation.

Goldman Sachs raise Kojamon the target price to 8.20 euros (previously 7.70 euros) and repeats the sell recommendation.

Danske Bank laski Sitowisen target price to 2.70 euros (previously 2.80 euros) and reiterated the buy recommendation.

Citi raises Stora Enson target price to EUR 12.00 (previously EUR 11.50), buy recommendation unchanged.

DNB Carnegie raises Raison target price to EUR 3.00 (previously EUR 2.80), buy recommendation unchanged.