STOCK EXCHANGE: An upward trend in the Helsinki Stock Exchange in the afternoon

On Monday afternoon, the general index of the Helsinki Stock Exchange was up 0.8 percent at 9825.51 points.

By the afternoon, the most traded stock was the bank Nordeawhose share was up by about one percent at 10.79 euros. Most of the list of the twelve most traded stocks was on the rise.

Among other things, a logistics company was on the rise Nurminen Logisticswhose share rose by 4.9 percent to EUR 0.98 at the time of the review.

Nurminen Logistics announced on Monday that it will buy a Swedish railway logistics company Essinge Railin. Nurminen Logistics announced the matter in a press release on Monday.

The debt-free purchase price of the deal is SEK 150 million, or just under EUR 13 million. The purchase price is paid partly in cash and partly in Nurminen Logistics shares. The date of completion of the transaction is after obtaining the official permits, approximately in December 2024.

Nurminen Logistics believes that the transaction will improve its competitive position, especially in the Swedish and Finnish markets, and that the company will grow as a significant railway operator in the growing freight traffic between the Nordic countries and continental Europe.

In the afternoon, an accounting firm was at the top of the list Talenomwhose share weakened by 4.7 percent to 3.25 euros.

IT service company Gofore published its monthly review on Monday. Gofore’s turnover in October was 18.8 million euros, compared to 18.7 million euros in October last year. Turnover improved from September, when it accumulated 17.4 million euros.

The group’s pro forma turnover for the last 12 months was EUR 188.1 million in October. A year ago in October, it was 191.3 million euros.

At the time of the review, Gofore’s share was down 1.1 percent at 22.45 euros.

Also a software development company Witted Megacorp published its monthly business review.

Witted’s turnover in October was 5.1 million euros, down from 5.8 million euros in October last year. Turnover improved from 4.6 million euros in the previous month.

Witted’s turnover for the last 12 months was EUR 55.2 million. The number of experts decreased compared to a year ago and was 331 people in October, while it was 403 people a year ago. However, the number of experts increased slightly from the previous month.

Witted’s share was up 3.1 percent at 1.65 euros.

Real estate investor Investors House reports its third-quarter results on Monday.

Turnover in the third part of the year was 2.43 million euros. Inderes, which follows the company, expected turnover to have been EUR 2.72 million in the third quarter.

The net income was 1.31 million euros, while Inderes estimated it to have been 1.31 million euros. In the comparison period, the net income was 0.54 million euros.

The result for the review period was 1.03 million euros. It almost doubled from the comparison period. According to the company, the result was the second best third quarter result in the company’s history.

Investors House’s share was at 5.22 euros at Monday’s closing readings.

Telecom operator company Telia published an offer on Monday to the holders of the bonds it issued to buy back the bonds.

The offer is for £400 million worth of bonds, with an interest rate of 4.375 percent and a maturity date of December 2042.

Telia’s share was up 0.6 percent at 2.66 euros.