Stock Markets Thrive with Strong Earnings and Positive Outlooks

On Friday, the Helsinki Stock Exchange saw an increase in stock prices, with several earnings publishers experiencing gains. The general index of the exchange closed with a 1.1 percent increase, reaching 9,835 points. This positive trend was also reflected in the main indices of the New York stock exchanges, with the S&P 500 up 1.1 percent, Nasdaq up two percent, and Dow Jones up 0.4 percent.

Among the most traded shares on Friday were Nokia, which closed down 1.5 percent, and Nordea, whose share rose by 0.3 percent. Neste faced a significant drop in its share price on Thursday after its January-March results fell short of expectations. However, Wärtsilä reported an operating profit that exceeded analysts’ expectations, resulting in an 11.4 percent increase in its share price.

Other companies such as Kemira, Appetite and Kreate also reported their first-quarter results on Friday. Kemira experienced a slight decrease in turnover and EBITDA but reported strong profitability and saw a 12.2 percent increase in its share price. Appetite reported lower turnover but a significant increase in EBITDA resulting in a 3.3 percent increase in its share price while Kreate experienced a decrease in turnover but an increase in EBITDA leading to only slight decrease