The Helsinki Stock Exchange ended with a slight rise on Monday.
At the end of trading, the general index of the Helsinki Stock Exchange was close to zero, up 0.1 percent at 9765.16 points.
The most traded stock of the day was the fuel company In this, whose share ended with a 4.0 percent increase to 25.67 euros. From the list of the most traded stocks, about half were rising and half were falling.
The strongest rise at the end of the day was a construction company SRV Companieswhose share price ended up with a 14.3 percent increase to 4.89 euros.
The invoice included an IT company Tecnotree, whose share price fell by 4.9 percent to 0.27 euros. Tecnotree announced on Friday that the company’s board proposed to the annual general meeting that the general meeting authorizes the board to distribute dividends for the financial year 2023, at its discretion, up to a total of 170,000 euros.
The game company was also on the bill Remedy Entertainment with 3.6 percent and an intraocular pressure device company Revenue with 3.1 percent.
Engineering company Training said on Monday that it has decided to invest in filter cloth production in Belo Horizonte, Brazil to better meet the demand for high-quality filter cloths from the South American mining, pulp and paper industries. The value of the investment is not disclosed. Production in the new facilities will begin in the first half of 2025.
Valmet’s share ended with a 2.5 percent decrease to 24.18 euros.
Media Group PunaMusta Media said that the subsidiary had decided Red Black change negotiations. As a result of the negotiations, the production in Lahti will be discontinued by the end of June 2024 and the existing production will be transferred to other locations of the group. As a result of the cessation of production, 21 people will be laid off from PunaMusta.
On Monday, PunaMusta’s share price ended at 2.48 euros, the closing figures of Friday.
Tavaratalo Stockmann’s general meeting approved the change of the company’s name at its Thursday general meeting to Lindex Group. The change took effect on Friday, and today, Monday, it will also be visible on the Helsinki Stock Exchange, as the company’s trading symbol is now LINDEX. The name change has no effect on the operations of the department stores or the Stockmann brand.
Lindex Group’s share ended with a decrease of 1.9 percent to 3.03 euros.
A company in the field of ICT and security technology To create the board has decided on three directed share issues related to Loihti’s staff and management’s share-based incentive programs and the share savings program.
According to the company’s press release, Loihde will issue a total of 29,219 shares. 12,987 shares will be allocated to personnel and 7,762 shares to management. According to the company, after the share issues, the total number of shares is 5,790,926 shares.
Loihti’s share ended up down 1.4 percent to 14.55 euros.
Information security company SSH Communications Securityn the general meeting has elected a new member of the board Tuomo Louhivuoren. The other members are Henri Osterlund, Kai Tavakka, Christian Fredrikson, Catharina Candolin. Österlund was elected chairman.
At the end of trading, SSH’s share price was down 1.1 percent to 1.31 euros.
Construction company SRV Companies were elected to the board as new members Ari Lehtoranta and Tuomas Kokkila. Lehtoranta was elected chairman of the board. According to the company’s press release, they were re-elected Matti Ahokas, Hannu Leinonen and Heli Iisakka.
Energy company Fortum announced the decisions of the general meeting on Monday.
The chairman was elected to the board Mikael Silvennoinenas vice president Essimari Kairistoand as members Ralf Christian, Luisa Delgado, Jonas Gustavsson, Marita Niemelä, Prank Paavola, Johan Söderström and Vesa-Pekka Takala.
Fortum’s share ended with a decrease of 1.1 percent to 11.73 euros.