In Helsinki, the decline deepens ‒ Nokia in a decline of almost five percent

The decline in the general index of the Helsinki Stock Exchange deepens on Thursday afternoon. The stock market opened in Helsinki in the morning down 0.35 percent, but at the time of the afternoon review, the curve of the index was down 1.2 percent.

Nokia, which has made a strong rise in recent days, fell by 4.9 percent in the afternoon in Helsinki.

Neste, whose share fell by 2.0 percent, also fell significantly. On the list of the most traded shares, Nordea’s share also fell slightly by 0.3 percent.

The strongest riser of the afternoon was the heater manufacturer Rarelywhose share was up 14.1 percent. Harvia’s share got a boost from the company’s first quarter result, which exceeded analysts’ forecasts.

Also a silver mining company Sotkamo Silverin in the afternoon, the share was up rapidly by more than 15 percent. The increase in the company’s stock can be explained by the sharp increase in the price of silver. Silver traded above $80 an ounce on Thursday afternoon.

Implementer of energy solutions Enersensen the share, on the other hand, rose by 11.2 percent in the afternoon after the earnings release. In connection with the result better than analysts’ expectations, Enersense raised its annual average growth target to 6–7 percent for the strategic period 2025–2028 from the previous 4–5 percent.

On Thursday, the personnel company also published its first quarter results Eezya forest company Stora Ensoa construction company SRV and nonwoven fabric manufacturer Finnish.

The oil market is waiting for peace

The price of oil has been on the decline on Thursday, as the market expects the United States and Iran to reach a peace agreement. According to media reports, Iran is currently considering a proposal made by the United States on the details of the agreement.

Brent crude oil cost a little over 98 dollars per barrel on Thursday afternoon. US WTI crude oil cost $92 per barrel.

A bullish opening is expected for Wall Street. Dow Jones, S&P 500 and Nasdaq 100 index futures were all up 0.1 percent at the time of review.