The Helsinki Stock Exchange remained in decline – Faron strengthened following the research results

On Monday, the Helsinki Stock Exchange remained in a small rise for a large part of the day, but finally bent along with the big markets and ended up with a 0.1 percent decrease to 11,233 points.

At the top of the list was the network equipment company Nokia, whose price decreased by 2.4 percent to 4.72 euros. The biggest riser in the top ten most changed was the machine shop Metso Outotec, whose price rose by 2.0 percent to 9.30 euros. Changes in ten other stocks were smaller.

At the top of the rise of the entire stock market was a drug developer Faron, who reported on studies of his cancer drug bexmarilimab. Two patients had seen some signs of the drug’s effectiveness, although the treatment was only in the early stages of the other. Faron’s share price rose by 14.2 percent to 3.86 euros.

Among the biggest gainers was also a weighing company listed last week Tamtronwhose share strengthened by 8.2 percent to 6.25 euros. Inderes had started monitoring the company with a buy recommendation and a target price of 6.70 euros. Tamtron’s subscription price in the initial public offering was EUR 6.28 per share.

Information service provider With something reported on Monday morning about the data security breach affecting its Swedish IT supplier, as a result of which some of Enento’s services were not available to customers.

Shipping company Tallink on the other hand, announced its statistics from November. At that time, the number of passengers increased by 7.6 percent from a year ago, and the number of passenger vehicles by 5.1 percent. On the other hand, the number of freight units decreased by 5.6 percent compared to a year ago.

Engineering works Wärtsilä announced in the morning that it will deliver cargo handling and LPG systems to South Korea. The company did not say the value of the order. However, the agreement has been recorded for December of the current year.

Wall Street’s key indices were down by about one percent at the time of the closing of the Helsinki Stock Exchange.

On Tuesday, the Helsinki Stock Exchange is closed due to Independence Day.


Source: Arvopaperi by www.arvopaperi.fi.

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