STOCK EXCHANGE: The Helsinki Stock Exchange is on the rise, Nokia is hurting

The Helsinki Stock Exchange was on a rapid rise on Tuesday afternoon. At the time of review, the OMXH general index was up 1.6 percent at 13,656.50 points.

At the cutting edge Nokian the share was up 4.3 percent at 11.7 euros, Nordic the share increased by 0.6 percent at 16.5 euros and Wärtsilä the share increased by 2.8 percent at 33.4 euros.

Jeffries on Tuesday raised Nokia’s target price to 13.80 euros from 10.70 euros and reiterated the buy recommendation.

In the afternoon, the health technology company was at the top of the rise Nightingale Healthwhose share was up 7.9 percent.

In this said that it would invest more than 400 million euros in the maintenance shutdown of the Porvoo oil refinery. The maintenance shutdown lasts about nine weeks. Fuel deliveries to customers will continue as normal during the maintenance shutdown. Neste’s share was up 2.1 percent at 28.2 euros in the afternoon.

GRK Infra (+2.2%) announced today that it has concluded of Keski-Suomen Betonirakenne Oy procurement. Due to the implementation of the deal, the company published new profit guidance for 2026.

GRK estimates that its turnover in 2026 will be 820–1,020 million euros. The previous estimate was 720–870 million euros. In 2025, the turnover was 872.3 million euros. The company estimates that the adjusted operating profit will be 70–95 million euros in 2026. The previous estimate was 45–60 million euros. In 2025, the operating profit was 58.2 million euros.

A software company These (-4.4%) said on Tuesday that the CFO Tomi Hyryläinen has decided on his own initiative to leave the company to move on to new challenges.

He will continue in his current role and as a member of the group’s management team until the end of December 2026 to ensure a smooth transition.

According to the company, the recruitment process for a new CFO will be started immediately.

European stock markets to rise, German management knocks out Volkswagen’s giant layoffs

European stock markets were rising in the afternoon. The market is waiting for the negotiations between the United States and Iran in Doha today, Tuesday.

However, the countries’ messages about the negotiations are contradictory. According to media reports, US representatives Jared Kushner and Steve Witkoff are in Doha, but they are not participating in direct meetings with Iranian representatives.

in Germany political leadership has reacted Volkswagen plan to reduce up to 100,000 jobs by promising to prevent layoffs.

The company’s plan has aroused strong opposition in Germany. It would be one of the largest layoff programs in the company’s history. The company’s share was down 0.5 percent on Tuesday.

At the time of the review, the Stoxx 50 index of large companies in Europe was up 1.2 percent. Germany’s DAX was up 1.4 percent, Britain’s FTSE 100 was up 1.1 percent and France’s CAC 40 was up 0.5 percent.

Wall Street is expected to open higher based on index futures.

By Editor

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