The Helsinki Stock Exchange ended up rising after Fortum and Cargotec recovered from Thursday’s declines


The Helsinki Stock Exchange closed on Friday at 10,310.00 points after a rise of 0.90 percent.

The steepest price increases presented EcoUp (+8.6%) and those who recovered from Thursday’s ugly declines Cargotec (+5.9 %) and Fortum (+5.4%). The most traded shares of the day ended up mostly rising The machine (+1.4%) in the lead.

Wins rose with the merger

You conquer (+4.3%) rose rapidly after the merger Bilotin with on Thursday, which was Bilot’s last trading day as his own company.

With the merger, the analysis company Inderes in the morning raised its target price for the new Vincit share to 7.20 euros from the previous 6.70 euros and gave the company a buy recommendation instead of the previous add recommendation.

Another business arrangement appeared on the stock exchange list on Friday, when the company information security company WithSecure and the one focused on consumer information security that broke away from it by F-Secure shares were traded as separate companies for the first time.

OP said in the morning that he would give WithSecure’s share a target price of EUR 3.90 and F-Secure’s target price EUR 3.10. At the end of the day, WithSecure was quoted at 2.53 euros and F-Secure at 2.70 euros.

Today it was also reported about a new business arrangement, when the Swedish Inissionin was said to have acquired 80 percent through several transactions Enedon of shares. Consequently, the company is obliged to make a purchase offer for all the company’s shares.

The purchase offer is EUR 0.26 per share, while Enedo’s closing price was EUR 0.27 on Friday.

Partnera slipped after canceling the instructions

Investment company Partneran (-7.6%) the price plunged after the company canceled its guidance for the current year after the stock market closed late on Thursday.

At the same time, the company also said that its operational comparable business result for January–June 2022 is negative.

Other steepest climbers of the day were Eezy (-4,0 %), Do (-4.0 %) and Endomines (-3,8 %).

In addition, the day included the listing news of a manufacturer of lights for heavy duty machines Nordic Lightsin the initial public offering was successfully completed. Trading in the company’s shares is scheduled to begin on First North next Tuesday.


Source: Arvopaperi by www.arvopaperi.fi.

*The article has been translated based on the content of Arvopaperi by www.arvopaperi.fi. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!