Despite the promising afternoon rise, the Helsinki stock exchange finally turned to the red side.
The general index of the Helsinki Stock Exchange closed on Thursday at 10,339.96 points, which means a decrease of about 0.4 percent.
The most traded stock of the day was Nordea, which rose by about 0.3 percent to 11.3 euros. The most changed was the strongest riser Wärtsiläwhich ended at 19.3 euros after rising almost 1.5 percent.
The biggest riser on Thursday was Modulight, which contributed to a 15.7 percent increase. On the other hand, the biggest calculator was Faron Pharmaceuticals with its drop of more than 20 percent.
In the United States, a technology giant Nvidia’s the profit figures published last night that exceeded expectations lifted the stock markets more broadly during the morning.
Block deals, new chairmen and acquisitions
Optomedin a block purchase of 70,000 shares was made with the stock at a unit price of 6.3 euros per share. The value of the deal was 441,000 euros. The unit price of 6.3 euros means a discount of about 8 percent on yesterday’s closing price of 6.79 euros.
The closing price of Optomed’s share was 6.3 euros.
Repair construction company Consti flagged by a Swedish company that is one of its major owners Elementa Managementin The Elementa fund reduced its holding in the company to 3.88 percent from the previous 9.99 percent.
Const’s share rose one percent on Thursday.
My Savings Bank the chairman of the board announced on Thursday Jarmo Salmen leaving his position. Salmi will be replaced as chairman of the board Jaakko Ossa.
Oma Säästöpankki’s rate ended up falling by 0.75 percent.
Implementer of emission-free energy solutions Enersense says that he has signed a contract for the construction of an optical fiber network GlobalConnectin with. The agreement will be recorded in Enersense’s Connectivity business area’s order book for the second quarter of 2024.
Enersense’s rate remained unchanged.
Kesko will build charging points for heavy equipment in all its logistics centers for the grocery trade in the next few years. By electrifying transport, Kesko aims to significantly reduce emissions and make transport more efficient. The value of the investments rises to almost 10 million euros.
Kesko’s B share rose 0.4 percent.
Wine and spirits brand house Anora informs that he has bought Blomberg– the mulled wine From Orkla Denmark. According to Anora, with an annual turnover of approximately eight million Danish kroner, Blomberg is a strategic addition to the company’s selection.
Anora’s share price fell by 0.7 percent due to the news.
Discount store chain Tokmanni announced that it would open a 3,800 square meter store in Naantali. The company has entered into a long-term lease for a new business center to be built on Rautakatu. If the project proceeds as planned, the store is scheduled to open in early 2026.
Tokmanni’s share rose by 0.9 percent.
A share issue of significant size
A health technology company Aiforia Technologies said that it will carry out a directed issue to raise funds.
On Wednesday evening, after the stock market closed, the company announced about the directed offering, with which the company said it was initially aiming for at least around 7 million euros in an accelerated tender procedure.
Later on Wednesday evening, Aiforia said in a press release that Aiforia will successfully implement the issue and expects to receive approximately EUR 9.95 million in gross assets from the share issue.
The offer is significant in size, as Aiforia’s turnover in 2023 was 2.4 million and the current market value is around 102.7 million euros.
The net proceeds from the share issue are intended to be used to support Aiforia’s growth strategy by enhancing its research and development activities and speeding up the approval process for AI-assisted software solutions in the United States.
According to the company, this round of financing will help the company achieve a positive operating cash flow by the end of 2025.
Aiforia’s share closed at the same reading as on Wednesday.
Piipo’s result fell short of expectations
Manufacturer of baling nets, ropes, wires and cords Beep published its half-year review on Thursday afternoon.
Piipo’s turnover decreased to 5.5 million euros in October–March. At the same time a year earlier, the turnover was 7.3 million euros. Following the company Inderes expected turnover to decline to 6.7 million euros.
The company’s operating profit during the six-month period was EUR 0.84 million in loss. In the comparison period, the loss was 0.71 million euros.
Earnings per share weakened to a loss of EUR 0.8 per share, while it was a loss of EUR 0.51 per share in the comparison period. Inderes expected a loss per share of EUR 0.44.
During the review period, Piippo carried out two change negotiations.
Piipo’s share was not traded on the day of the results announcement.