STOCK EXCHANGE: The Helsinki Stock Exchange opened close to zero – SSAB continues to decline

On Wednesday, the Helsinki Stock Exchange opened to a slight rise.

After a while of trading, the stock exchange’s general index was up 0.1 percent at 9738.37 points.

The most traded stock of the morning was the bank Nordea, whose share price was up 1.4 percent at 10.76 euros. Among the twelve most traded stocks, about half were rising and half were falling.

In the morning, among others, a mining company was on the rise Sotkamo Silver whose share was up 2.3 percent at 0.10 euros. A technology supplier for the glass processing industry was also on the rise Glastonwhose share rose 3.5 percent to 0.88 euros.

Inderes raised Glaston’s target price to EUR 1.00 from the previous EUR 0.95. The add recommendation was repeated.

At the top of the list was a steel company SSABwhose more traded B share fell by 1.7 percent to 6.30 euros.

SSAB said yesterday that it had decided on a major investment in Lulea, Sweden. Investment had also been hoped for in Finland, in Raahe. OPanalyst at Carlo Gylling commented on SSAB’s course calculation yesterday Tuesday in Kauppalehti.

IT service company He wins said that he would clarify the management team’s business responsibilities for different geographical areas to match the customer markets according to the strategy. Anssi Kuutti has been named president of Vincit’s US business and Jens Krogell has been appointed as the director responsible for Nordic business operations.

According to Vincit, the changes aim to strengthen the customer-centricity of operations and build new growth in the Nordic countries and the United States.

Vincit’s share was at 2.75 euros at yesterday’s close in the morning.

Lifting equipment company Konecranes said that it is strengthening its presence in port services by buying a German maintenance company Kocks Kranbaun. According to Konecranes, the deal gives an opportunity to reach new European and global customers. The value of the deal, which took place in April, is not disclosed.

Konecranes’ share price was down 0.2 percent at EUR 47.80 after a short period of trading.

Jacob of Forselles has been named Advium Corporate Financen as CEO and eQ– as a member of the group’s management team. Janne Larma takes over as chairman of Advium’s board.

Af Forselles is currently Konecranes’ strategy director. Previously, he has worked as an investment director, among other things at Ahlström Capital and in different roles Mandatum in an investment bank.

At the time of the review, Eq’s share was up 0.4 percent at 13.55 euros.

By Editor

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