Stock Exchange Week: Earnings season ends in a divided atmosphere – Finnish investors’ money escaped from domestic funds

Score. Listed companies were divided into two castes during the financial year. Some managed to pass on increased material and logistics costs to prices, while others suffered from profitability. The division was especially evident in engineering companies. For example At Konecranes the result melted from last year’s figures while Metso Outotec improved it by 50 percent.

Anti kelpasi. Ohjelmis­toyhtiö Witted Mega­corpin the issue was good for investors even in a cautious market. The public offering was subscribed 3.5 times. The company said it will bring forward the First North IPO schedule to this week, and it will be the third new IPO of the year in a row. There were 29 IPOs last year, so the drug has relatively dwindled.

The money escaped. The stock market turmoil in April caused Finnish investors to withdraw their money from equity funds. According to an investment survey, about EUR 400 million escaped in April from funds investing in Finland, the Nordic countries and Europe. At the same time, money is looking for shelter in North American funds, and long-term funds in particular.

Source: Arvopaperi by

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