On Wednesday afternoon, the general index of the Helsinki Stock Exchange was down 0.7 percent at 12,696 points.
In the afternoon, the list of the most traded stocks looked bearish.
It was at the top of the exchange of the day Cityconwhose share was up 0.11 percent at the time of the afternoon review. Citycon announced earlier on Wednesday that G City according to the final result, received 27.3 percent of all Citycon shares in the mandatory recommended cash purchase offer. After the takeover offer, G City’s ownership rose to 84.4 percent.
The second most traded stock Nordea was down 0.5 percent at 15.90 euros.
Among the most traded stocks Pilajalinna rose in the afternoon by 2.7 percent due to a block trade in the shares of two large companies. The total value of block trades rose to a total of 15.3 million euros.
In Europe, like the Helsinki stock exchange, the stock markets opened to a gentle decline on Wednesday. In the afternoon, Europe’s broad Stoxx 600 index fell by 0.9 percent.
A new project for YIT
Accounting office Talenom published its October-December interim report in the morning. Talenom’s turnover increased to 24.4 million euros from 23.9 million euros at the same time of the previous year. The comparable EBITDA was at the level of the previous year at 2.3 million euros.
Talenom’s share price was down 4.4 percent on Wednesday afternoon.
The price of gold started to rise on Wednesday after the International Energy Agency (IEA) proposed the largest ever release of oil reserves due to the relief of supply disruptions caused by the Iran war. The price of gold went above 5,200 dollars per ounce.
However, the price of oil was on the rise above 90 dollars. Fuel company Liquid the share was traded up 1.4 percent.
YIT announced that it has started a project worth 17 million euros in Ranta-Tampella, Tampere. According to the company, the Näsinsäde apartment building will have 36 apartments, which are scheduled to be completed in December 2026. At the time of the review, YIT’s share price was down 0.1 percent.
Index futures expect Wall Street to open lower on Wednesday. S&P 500 and Nasdaq 100 index futures are down 0.1 percent in the afternoon. The future of the Dow Jones index falls by 0.2 percent.