STOCK EXCHANGE: The Helsinki Stock Exchange continued to rise on Tuesday – Neste put the brakes on it

The Helsinki Stock Exchange ended up rising again on Tuesday. The general index OMX Helsinki ended the day up 0.40 percent at 13,732.26 points. The day started with a small decline, but quickly turned to an increase. When Wall Street opened, the Helsinki Stock Exchange was up by more than one percent.

The online company that has risen a lot in recent weeks continued to be at the top of the list Nokia. Nokia’s share ended up 0.31 percent on Tuesday.

Of the changed ones, the only counter was the fuel company In thiswhose share fell by 2.61 percent. In recent weeks, Neste’s share has gone against the flow compared to other companies on the Helsinki Stock Exchange. When there has been a lot of uncertainty in the Iran war, Neste’s stock has risen, and when, as on Tuesday, the stability of the situation is assured, Neste’s stock has fallen.

United States Secretary of Defense Pete Hegseth assured at a press conference on Tuesday that ships will be escorted through the Strait of Hormuz, and that the ceasefire between the parties will hold.

The biggest gainer on the stock exchange on Tuesday was a steel company SSABwhose share rose 7.6 percent. The company’s stock started to fall after last week’s results announcement, but has recovered during the beginning of the week.

Among the results publishers on Tuesday morning, the game company that exceeded expectations ended up with the biggest rise Remedywhose stock ended up 6.96 percent higher. The restaurant group also had a strong rise Nohowhose stock ended up 4.56 percent higher.

The engineering company that announced its results fell the most on the stock exchange Kalmarwhose stock fell 9.4 percent on Tuesday. Kalmar’s operating profit and turnover improved from last year, but fell short of analysts’ expectations. There were fewer new orders than last year, but the order backlog met the analysts’ consensus.

Forest companies on the Helsinki Stock Exchange had a strong day on Tuesday.

UPM:n the share rose 2.09 percent. The company said last week that it would separate its plywood business UPM Plywoodin into its own listed company. The company’s result last week exceeded expectations, but investors were left without guidance for the current year.

Also Stora Enso ended up more than 2 percent higher.

By Editor

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