The Helsinki Stock Exchange ended in decline on Monday at the end of an uncertain and fluctuating trading day.
Investors’ moods were darkened globally by fears of a possible bubble in the artificial intelligence sector and the escalation of the geopolitical situation in the Middle East. In particular, manufacturers of semiconductor and memory chips have been in a sharp decline worldwide, which was also indirectly reflected in the Helsinki stock exchange.
At the end of the day, the general index of the Helsinki Stock Exchange fell by 0.2 percent to 13,388 points.
At the top of the day’s most traded stocks was a network technology company Nokiawhich was also at the bottom of the stock market. The company’s share weakened by 3.1 percent to 10.56 euros.
Other most traded companies were the financial group Nordea (-0.2%) and the fuel company In this (+3.4%). During the day, Neste’s share price was supported especially by the rise in the price of crude oil. At the time of the review, the price of Brent reference oil was up by about three percent at $79 per barrel. They accelerated the price increase Donald Trump’s announced by Iranian sea blockade and a 20 percent fee imposed on Hormuz Strait freight.
The earnings season is about to begin
Digitization consulting company Gofore (+3.2%) published turnover data from June. The company’s turnover grew organically by 11 percent last month.
Gaming company Remedy (-1.2%) A block trade of 1.9 million euros was made with the shares on Monday morning. The company’s shares also had a big block trade last week. At that time, the investor Heikki Herlinin was said to have bought Mariatorpthrough his company Remedy shares for 13.8 million euros.
The earnings season starts properly at the Helsinki Stock Exchange this week. The asset manager will announce the results on Tuesday Marriedinfrastructure developer Created and a software company He wins. On Wednesday, there will be, among other things Elisa and on Thursday Nordea.
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