On Thursday, the Helsinki Stock Exchange saw a significant drop in Neste’s shares, with the stock falling nearly 8 percent. Additionally, LiquidKesko’s and Kempower’s shares were performing poorly on the exchange that day.
The reason behind these price declines was attributed to worse-than-expected earnings announcements from several listed companies on the exchange. Among the gainers for the day were construction company SRV, which reported better-than-expected results and saw a more than 5 percent increase in their share price by midday. Similarly, forest giants UPM and Stora Enso also experienced strong gains, with their share prices rising by well over 4 percent.
Overall, Thursday was considered a minor success for the Helsinki Stock Exchange, with the general index falling by 0.9 percent by midday. This fluctuation in stock prices reflects the dynamic nature of the stock market and the impact of earnings announcements on investor sentiment.
