STOCK EXCHANGE: The Helsinki Stock Exchange opened to a decline – a purchase offer of 450 million from Fortum

On Monday, the Helsinki Stock Exchange opened with a 0.2 percent decrease. The OMXH general index was quoted at 13,397.96 points.

The biggest gainer at the opening was a biotechnology company Biohit with an increase of 7.3 percent. Inderes raised Biohit’s recommendation to buy level in the morning and reiterated the target price of 3.5 euros. The previous recommendation was more.

The most traded stock at the opening was again Nokia. The company’s share opened down 0.4 percent. Among other things, they opened the invoice Finnair and Create Group.

Energy company Fortum made a purchase offer from a Nordic electricity retailer About Elmera. The total value of the offer is approximately NOK 5.1 billion, or approximately EUR 450 million. Fortum’s share opened up 0.4 percent.

The companies announce that they have agreed on the terms of a conditional voluntary cash purchase offer to acquire all of Elmera’s issued and outstanding shares, with the exception of Elmera’s own shares.

A cash consideration of NOK 47 is offered for each share. The offer price includes a 59 percent premium compared to the closing price of the shares on the Oslo Stock Exchange on June 24, 2026.

Finnish consumer confidence improved in June to its highest level since February 2022.

Consumers’ expectations about their own and especially about Finland’s economy after a year clearly improved compared to May, says Statistics Finland. The Finnish business sector’s confidence in the economy also improved in June, according to a report by the Confederation of Finnish Business.

Must got from an Icelander Atnorthilta A contract worth EUR 130 million for the construction of a data center in Kouvola.

The Euro Stoxx 600 index opened at Friday’s level.

The price of Brent crude oil futures was around EUR 73 per barrel on Monday. The United States and Iran agreed late on Sunday to suspend the strikes. The countries clashed over the weekend.

By Editor

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