Helsinki Stock Exchange started to rise in April – Trading in Evli shares was completely suspended until Monday


April went public on the Helsinki Stock Exchange. The stock exchange’s general index closed at the end of the day, rising 0.9 percent to 11,301 points.

The most traded share on the trading day was 2.4 percent, rising to EUR 42.47 In this. Only 0.8 per cent of the exchange rate on the stock exchange had fallen to EUR 47.19 Machine and 1.4 per cent to EUR 16.31 Fortum.

YIT and Purmo leaving Russia

YIT said in the morning that it had agreed to sell its Russian business for EUR 50 million to a Russian construction company.

“It is good in itself to be able to break away from Russia, that has been the company’s goal. The situation has lowered departure prices, ” Inderesin analyst Olli Koponen comment on the deal In an interview with Kauppalehti afternoon.

YIT’s share rose 3.7 percent to EUR 3.56 during the day.

Purmo for its part, it said it would start looking for a buyer for its business in Russia. Less than five percent of the company’s net sales last year came from Russia.

Purmo’s share decreased by 2.4 percent to EUR 12.20.

The value of Evli’s shares caused confusion

Married Pankin The share trading on Friday saw a confusing situation as it is currently Fellow Finance with a complex M&A, the value of the company’s shares fluctuated wildly on the stock market. Some investors did not seem to understand that the investors who bought Evli’s shares today as a result of the transaction will not acquire ownership of Evli’s asset management business after the transaction.

Inderes analyst Matias Arola In an interview with Securities in the afternoon, Inderes calculated that the actual value of Evli ‘s share should currently be approximately EUR 0.50 per share. However, Evli’s shares were traded at up to five times the price during the day.

In the afternoon, the Helsinki Stock Exchange suspended trading in Evli’s shares completely. Attempts were made to resume trading later in the day, but in the end the stock exchange decided not to resume trading until Monday.

The merger of Evli and Fellow Finance went more smoothly Valmetin and Neleksen the merger, which was completed today. The former shares of Neleks have now been converted into Valmet shares.

Ponsse for his part, he said he had received a Czech Křenek Forest Servicen completion of the purchase process. Ponsse’s share rose by 7.9 per cent to EUR 35.35.

Piloilo rose after the recommendation changes

The discount store chain announced its results yesterday Puuilon the stock was in strong holdings on Friday. Inderes In the morning, it reduced Puuilo’s target price to EUR 8.50 (previously EUR 10.00), but raised its recommendation to the buy level (formerly more). ON in turn, it reduced the target price to EUR 8.00 (previously EUR 9.30), but reiterated its further recommendation.

After a 5.6 per cent rise, Puuilo’s share closed at EUR 7.10.

Toivo Group again said it had sold a housing project in Espoo for just over five million euros. Hope’s share rose 1.9 percent to EUR 2.65.

Media Group Central Finland said it was considering closing its Jyväskylä newspaper printing plant and starting change negotiations with the printing press staff. Through these measures, the company aims to achieve annual efficiency gains of two million euros.

During the day, the share of Keskisuomalainen fell by 1.0 per cent to EUR 15.35.


Source: Arvopaperi by www.arvopaperi.fi.

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