STOCK EXCHANGE: Helsinki Stock Exchange down in the afternoon – Tieto down 7 percent

On Wednesday afternoon, the Helsinki Stock Exchange was down 0.5 percent at 13,593 points.

At the top of the exchange Nokian the stock was up 1.2 percent at the time of the review, while the list of the most traded stocks otherwise glowed red.

Nordea the share was down 0.6 percent in the afternoon. In this decreased by 2.2 percent.

The strongest riser in Helsinki was the composite company Exel Compositeswhose share suffered a 5.8 percent uphill climb.

In the afternoon, Tieto, which offers software and IT services, had the sharpest fall, whose share fell by 7.0 percent. Morgan Stanley earlier today lowered Tieto’s target price to 16 euros from 18 euros.

Kesla, known for its forest machines, whose share was down 6.6 percent in the afternoon, and the health technology company were also heavy losers. Nightingale Healthin the share was down 5.7 percent.

A bearish opening is expected for Wall Street.

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Big Dipper under 200,000 Alma Median share at a price of EUR 13.1 per share. In total, the value of the share transaction reached approximately 2.62 million euros.

Kauppalehti is part of Alma Media.

Working with infrastructure, energy and industrial projects NYAB said that it had concluded a contract for the preparatory work of the logistics facility, the industrial group From SSAB with.

The contract concerns preparatory work for the development of a logistics facility for the handling and storage of steel coils as part of SSAB’s planned Minimill project in Lulaja.

The companies did not disclose the price of the contract.

Multi-sector group Total defenses subsidiary Western Tractors was appointed CEO Michael Bogomolec. Bogomolec will start his duties immediately.

Bogomolec takes over the task Ioncoristwhere he has been the director of operational development since 2020.

A software company He wins announced earlier today about additions to his management team.

Offering automation of work tasks with software robots Digital Workforce said it would expand its use of agent-based artificial intelligence and buy Front AI:n AI agent-based customer service business.

The purchase price is 3 million euros, which will be paid in cash. 2 million of the purchase price will be paid immediately and 1 million after 12 months. In addition, the seller has the right to a conditional additional purchase price, which can be a maximum of 600,000 euros.