The Helsinki Stock Exchange, which opened close to the previous day’s closing readings in the morning, rose slightly by 0.1 per cent from the early afternoon.
Of the ten most traded shares, the largest increase was in the pharmaceutical company Orion and a forest industry company Stora Enso. Orion’s share price increased by 2.4 percent to EUR 37.99 and Stora Enso’s share price increased by 2.1 percent to EUR 16.51.
The number of counters were the power supply company Nokia and a fuel company In this. Nokia’s share price decreased by 1.4 percent and Neste’s share price decreased by 0.6 percent to EUR 62.72.
A chemical company issued a positive earnings warning yesterday Kemiran the share price decreased by 2.2 per cent to eur 14.06. Kemira’s share price strengthened by more than ten percent yesterday.
ON today raised its target price for a Kemira share from EUR 14.50 to EUR 17.00, keeping its recommendation at the buy level. Inderes in turn, it raised the target price from EUR 13.00 to EUR 14.50. The recommendation decreased from an increase level to a decrease level.
Another company that issued a positive earnings warning yesterday was a media company Middle Soul. Alma’s share price rose by almost two percent yesterday.
In its new guidelines, Alman estimates that its adjusted operating profit for continuing operations in 2020 will decrease from last year, while the company previously estimates that it will decrease clearly.
Inderes today raised Alma Media’s target price from EUR 8.50 to EUR 9.50. The investment recommendation decreased from an increase level to a decrease level. This afternoon, Alma’s share price rose 0.2 percent to 9.56 euros.
The biggest gainer on the entire stock market in the afternoon was the IT consulting company QPR Software. The company announced it had signed an agreement to sell process mining software to “one of Europe’s largest telecom operators.” The release did not state the value of the contract. QPR’s share price rose by 7.6 per cent to EUR 2.26 at the time of the review.
The other recommended changes in the morning were OP’s recommended elevator company To the machine, which rose to the subtract level from the previous sell level. The target price rose to EUR 64.00 from EUR 63.00.
Food company Appetite the recommendation decreased in Inderes to the sell level from the previous increase level. The target price remained at EUR 10.00. Owner of the pet food chain Must and Mirri Black Group the target price in Inderes rose to EUR 27.00 from the previous EUR 21.70, and the increase recommendation remained unchanged.
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