STOCK EXCHANGE: Ilmarinen filed for bankruptcy of Rush Factory

Investors are weighing the situation in the Middle East and the possibility of escalation. Israel has vowed to avenge Iran’s missile attack yesterday.

The market price of oil rose on Tuesday and continued to rise on Wednesday as well. However, the rise had eased towards the evening.

On Wednesday, however, there was no sign of nervousness on the Helsinki Stock Exchange. The general index finally closed with a rise of 0.1 percent to 10,249 points. Exchange rate reactions and exchanges have been compiled in the table at the end of the article.

Oil refinery Liquid the share rose 1.8 percent to 16.76 euros. Barclays fell Liquid target price to 22.00 euros from 23 euros. The investment recommendation is still hold.

Employment pension company Ilmarinen has applied Rush Factorya to bankruptcy. The application has been submitted to the District Court of Varsinais-Suomen today, October 2. Trading in the company’s shares has been suspended

SSH Communications Security announced that it has entered into several new partnerships to accelerate global growth. Global Partners is a consulting company Deloitte FinlandIrish Onaware and Bechtle Belgium. In addition, the company announced regional partners.

Tuesday Admicomin a large transaction of 50 million euros was made with the stock. For Central Finns the founder of the company who gave the interview Matti Häll confirmed that he had sold his entire holding, which was about 20 percent of the company. So far, there is no information about the buyers.

A mining company Endomines announced that Pampalo’s gold production increased by 21.4 percent in July–September compared to the reference period of 2023. The company’s production for the entire year 2024 is expected to grow by 15–35 percent compared to the previous year, according to the guidelines.

A health technology company Nexstim for its part, said that it has received an NBS System 5 order from its old customer in Europe.

Plenty of target price changes

ON welski Elisa’s decrease to the level of the stock’s investment recommendation, increase the previous one. The target price is still 47 euros. Morgan Stanley increased Elisa’s target price to 50.00 euros from 47 euros. The investment recommendation is still hold.

SEB laski Orion’s recommendation level to hold level, previous buy. The target price is still 53.00 euros.

SEB laski Tietoevryn to the hold level of the recommendation, previous adds. The target price decreased to 20.00 euros from 21 euros.

JP Morgan laski Metson target price to 10.00 euros from 10.50 euros. The investment recommendation is still hold.

Morgan Stanley nosti Telia target price to 2.99 euros from 2.74 euros. The investment recommendation is still hold.

DNB Markets raises Konecranes target price to EUR 75.00 (previously EUR 70.00), the recommendation remains at the buy level. The share strengthened by 0.8 percent to 67.60 euros.