The Helsinki Stock Exchange closed higher on Tuesday

The Helsinki Stock Exchange’s general index closed up by 0.4 percent to 9978.25 points, with Nordea Bank being the most traded stock of the day. Its share price increased by 1.8 percent to 11.26 euros. Many of the other most traded stocks also saw an upward trend in their share prices, including pharmaceutical company Faron Pharmaceuticals with a 10.3 percent increase and information security company Withsecure with a 5.3 percent gain. On the other hand, Betolar experienced a significant drop in its share price, falling by 9.5 percent to 1.05 euros at the close of trading.

In other news, food company Fodelia announced the sale of businesses related to its Perniön Liha brand and Helsingin Makkaratehdas brand, resulting in an increase in its share price of 4.0 percent at the end of trading to 5.20 euros. IT company Digital Workforce Services secured a significant order worth 2.7 million euros from the United States, while blade company Do updated its long-term financial goals to focus on faster growth and higher profitability. Packaging manufacturer Huhtamäki revealed plans to close its manufacturing facility in Malaysia, resulting in 93 job losses.

Customer information company Withsomething announced a share buyback program, while Enento’s share price saw an increase of 1.9 percent at the end of trading. Eleven listed companies released their interim reports for the first quarter, with Finnair reporting a loss and Atria’s adjusted operating result declining due to challenges in various sectors such as real estate market for Eq and others like Eleven listed companies released their interim reports for the first quarter showing different results from each other

By Samantha Johnson

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