The summary is made by artificial intelligence and checked by a human.
The general development of the Helsinki stock exchange is bad, but some companies have produced well.
Endomines, which offered the best return of the summer, has received support from the gold rush and increased its gold production.
The pharmaceutical company Orion has received a boost from the well-run sale of the prostate cancer drug Nubeqa.
The heater company Harvia is the strongest performer of the whole year, as sales increase in the United States.
Helsinki the poor general development of the stock exchange hides the fact that some of the companies on the stock exchange have recently offered investors very good returns. It all depends on which stocks have been picked for the portfolio.
The best shares have brought a return of over 20 percent during the summer and already over 50 percent during the whole of this year.
This is not reflected in the indexes, because they are dominated by large companies, and many of them have done poorly.
The figures for the entire Helsinki Stock Exchange are dull. The return of the OMXH general index has remained below freezing by more than three percent in the summer, and even compared to the beginning of the year, the loss has become more than one percent.
In the index, the largest companies in terms of market value are given the biggest weight, such as Nordea, Kone, Nokia, Sampo, UPM and Neste. The share price of the heaviest of all, Nordea, has fallen by almost seven percent during the summer, and UPM, for example, by 13 percent, and the others haven’t fared well either.
HS found out which companies have offered the best return during the summer and the whole early year.
The report includes the companies on the main list of the stock exchange. So-called cent shares, i.e. shares whose value is less than one euro, have been excluded from the review. With such stocks, the up and down percentages can easily become large.
Companies whose shares have been traded very little and have not even been traded on a daily basis have also been excluded from the review. When trading is low, even a single trade can move the exchange rate a lot.
This knocks the software company Innofactor out of first place, whose price has risen by 29 percent during the summer.
The summer yield has been calculated for the past 13 weeks, i.e. from the end of May until August 22. In the comparison, the increase in value has been used as a measure. Possible dividend income has not been included.
Summer the best return has been offered by the gold-focused mining company Endomines, whose price has risen by 29 percent during the summer.
With its profit increase, the company washes out, for example, the semiconductor company Nvidia, one of the world’s biggest stock market rockets, whose stock has risen in price by 21.5 percent during the same period.
Endomines has received support from the gold rush raging around the world. The price of gold has risen rapidly and constantly set new records.
In addition to this, the company has managed to increase its gold production this year and has invested heavily in ore exploration. However, before the current rise, the company has many difficult years behind it and there are still many risks.
The exchange of the share has not been large, but it has nevertheless been actively traded continuously.
Since the beginning of the year, Endomines’ price has risen by 40 percent, which also places it among the ten strongest gainers on the Helsinki Stock Exchange for the whole of this year. At this point, the comparison with the world’s most profitable shares already looks wrong from the point of view of the Helsinki Stock Exchange. For example, the above-mentioned Nvidia stock has already risen in price by more than 160 percent this year.
The second best return during the summer was brought by the pharmaceutical company Orion, whose share value has increased by almost 24 percent. Even for the entire beginning of the year, it beats the stock market’s average return many times over. Since the beginning of the year, the increase has been 18 percent so far.
Orion has recently received a boost from the well-run sale of the prostate cancer drug Nubeqa. The concern now is whether its results depend too much on one drug.
In third place on the list of the strongest risers is Raute, a mechanical engineering company that manufactures equipment for wood product companies, whose share price has risen by 20 percent during the summer. Since the beginning of the year, its price has risen by 34 percent.
The price increase indicates that Raute has done better than expected. In June, it was able to issue a positive profit warning for the entire year, when the order backlog and both equipment and service demand have developed better than expected. According to the company, the market environment is still challenging.
Operator giant Telia takes fourth place. Its share has brought a return of almost 18 percent during the summer and approximately the same amount of increase compared to the beginning of the year.
Despite the rise, Telia’s share price still has a long way to go to reach its peak a few years ago. A year ago, it reached its lowest point. There are many difficulties behind, for example in the television and media business and also a change of CEO.
Other strong risers of the summer have been the Relais Group, which imports vehicle spare parts, whose share price has risen by 16 percent during the summer and by 10 percent at the beginning of the year. The company’s recently announced interim result showed good growth in turnover and profitability.
Summer among the surprises is the struggling construction company YIT, whose share price has fallen by almost 16 percent during the summer and 24 percent since the beginning of the year.
During the summer, Terveystalo also brought a good return of almost 15 percent. The company has made its operations more efficient and raised prices. In the past, its profitability suffered from rising costs. The future also probably looks good in the eyes of an investor, when congestion in the public sector brings demand for it.
The list of the best producers also includes, among others, Konecranes, whose order books show good traction. A price increase of almost 15 percent during the summer.
The food company Raisio, which brought a 13 percent return, is also among the positive surprises, as cost pressures have eased.
United Bankers and former stock market star Qt Group, which once again gained momentum, will also reach a return of more than 10 percent during the summer. The price of Qt has risen by almost 50 percent this year.
The best return this whole year has been brought by the heater company Harvia, whose share price has risen by around 56 percent in eight months. The company is doing well again, as sales increase in the United States.
However, there is still a long way to go to the top levels of three years ago. In the summer, Harvia’s price rise froze when investors wondered if the share price had already taken too much advantage.