OMXH fell below 13,000 points – analysts lowered the recommendations of several companies

The Helsinki Stock Exchange continued to decline on Friday afternoon. At 14:00, the OMXH PI general index was quoted at 12,992 points, down -1.06 percent.

The majority of the most traded shares were in the red, but especially Nokia (-2.81%) and Qt Group (-3.59%) pulled the stock market down. ON reduced Nokia’s recommendation to the increase level, which was previously at the buy level, but raised the target share price to EUR 6.00 from the previous EUR 5.90.

OP also held a sell recommendation Finnair per share and reduced the target price to EUR 0.55 from the previous EUR 0.58. In the afternoon, Finnair fell by -1.54 per cent to EUR 0.6528.

Among other things, the fur company achieved an increase Saga Furs (+4,33 %), kalankasvattaja Fifax (+ 6.03%) and a media company Middle Soul (+2.26%), to which Even securities belongs.

Analysis House Inderes canes UPM: n the reduction level of the recommendation from the previous increase level. UPM’s share fell slightly in the afternoon by -0.14%.

Inderes also fell Fondian the recommendation add-on level from the previous buy-level, as well as Evlin subtract-to-increase-level. Fondia’s share price was quoted at -0.83 per cent, while Evli was down as much as -4.46 per cent.

Eurozone inflation surprised economists and rose again to a new record high of 5.0 per cent year-on-year in December.

Investors around the world are now expecting the latest US employment statistics for December, which will be published at 15:30 Finnish time. Economists predict that 447,000 new non-agricultural jobs will be created and the unemployment rate will fall to 4.1 per cent from 4.2 per cent in November.

Source: Arvopaperi by

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