Categories: Economy

New Listings and Mergers Drive Helsinki Stock Exchange Higher

The Helsinki Stock Exchange opened higher on Thursday, with the OMXH general index up 0.2 percent at 10,074.54 points shortly after the start of trading. Among the most exchanged stocks were In this (+0.6 %), Nordea (+0.6%), and Sambo (+0.6 %), while trading for Training (-0.3%) and Nokia (-0.6 %) were down.

In terms of company-specific news, Kalmar, a cargo handling company that listed on the stock exchange on Monday, was up 0.4 percent at 27.14 euros, while Cargotecin was up 0.04 percent at 45.16 euros. Australian-Finnish mining company Latitude 66 merged with ASX-listed DiscovEX Resources and raised four million Australian dollars for ore exploration and project development.

In the realm of stock recommendations, Inderes lowered Merus Power’s recommendation to reduce, OP raised Kone’s target price, OP raised Atria’s recommendation, DNB Markets lowered Nokian Tires’ target price, Barclays raised SSAB’s target price, DNB Markets raised Cargotec’s target price

Samantha Reynolds

As a content writer at newsabcc.com, I dive into the depths of information to craft engaging and informative pieces that captivate our audience. With a keen eye for detail and a love for storytelling, I strive to deliver content that not only informs but also inspires. Whether unraveling the latest trends or delving into complex topics, I am dedicated to bringing valuable insights to our readers. Join me on this journey as we explore the world through the power of words.

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