Helsinki Stock Exchange closes more than 2% rise – Norrhydro convinces


The Helsinki Stock Exchange had a brisk rise on Wednesday, which was accelerating towards the evening. At the end of the day, the stock exchange’s general index rose 2.1 percent above yesterday’s closing level to 12,528 points.

The most traded share on the trading day was Nokia, who held an analyst meeting in the afternoon. Nokia’s share price rose 3.9 percent to EUR 5.11 at the end of the day.

Norrhydro started its stock market journey

Developing hydraulic cylinders Norrhydron the stock market started bright, as the share price of the company listed today closed at 31.2 per cent above the subscription price of eur 3.15 to eur 4.14.

Planning for a First North listing Kempower told today more about its IPO and its schedule. Kempower’s public offering will begin tomorrow at 10 a.m. The subscription price for the company’s shares in the public offering is EUR 5.74 per share.

In the process of listing a little longer Digital Workforce in turn, published more information about its own IPO. The subscription commitments made in the public offering will be accepted in full up to 40 shares and in excess of approximately 25.5 percent.

Trading in Digital Workforce shares is scheduled to begin on Friday.

A positive earnings warning from Taaler

Private equity fund company Taaleri issued a positive earnings warning in the afternoon and released preliminary estimates of its financial figures for this year. The company estimates that the net sales of continuing operations will be EUR 65-70 million this year and the operating profit of continuing operations will be approximately EUR 25-30 million.

At the end of the day, Taaler’s share rose 10.1 percent to 11.50 euros.

Business law firm Fondia said the company’s CEO Leena Hellforsin leave their duties. Drug Development Company Faron in turn, said the company’s medical director Matti Karvonen leave their duties.

Fondia’s share closed up 3.9 percent to EUR 6.94. Faron’s share, on the other hand, fell 0.4 percent to EUR 3.56.

Conglomerate Aspo announced in the morning a new strategy as well as long-term financial targets. Aspo’s new financial targets are an operating profit of 8 percent (previously 6 percent), revenue growth of 5–10 percent per year (new target), a return on equity of more than 20 percent and a gearing ratio of less than 130 percent.

Aspo’s share rose by 4.5 per cent during the day to EUR 10.78.

Alcohol company Anora said the company ‘s shares will be delisted from the Oslo Stock Exchange at the turn of the year. After the delisting, the share will only be traded on the Helsinki Stock Exchange.

Anora’s share fell 1.1 percent during the day to EUR 10.54.

Cargotecin belonging to Kalmar in turn told of a new container lock order. The value of the contract recorded for the current quarter was not disclosed.

Cargotec’s share price rose 5.1 percent during the day to EUR 43.38.

The investment bank raised Kone’s target price with a brisk hand

Inderes raised by a SaaS software company Admicomin from the reduce-to-increase level of the recommendation, but reduced the target price from € 95 to € 87. Admicom’s share fell 0.3 percent during the day to EUR 78.30.

Inderes nosti Solwersin target price from € 8.60 to € 9.00 and reiterated the additional recommendation. Solwers’ share fell 3.2 percent during the day to EUR 7.65.

Inderes fell Finnair target price of € 0.60 to € 0.55 and reiterated the reduce recommendation. Finnair’s share rose by 4.1 per cent to EUR 0.588.

U.S. Investment Bank Jefferies in turn raised by an elevator company The machine from the previous target price of EUR 53.00 to EUR 70.00. At the same time, Jefferies changed its recommendation from reduce to buy level. At the end of the day, the machine’s share price rose by 3.5 per cent to EUR 60.26.


Source: Arvopaperi by www.arvopaperi.fi.

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