Record Rise on Helsinki Stock Exchange Drives Up Share Prices of Several Companies

After a strong week on the Helsinki Stock Exchange, several companies experienced an increase in their stock prices. The general index of the exchange closed with a 1.1 percent increase, reaching 9,835 points on Friday. This was followed by a rise 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. In contrast, Wärtsilä reported an operating profit that exceeded analysts’ expectations, resulting in an 11.4 percent increase in its share price.

Other companies also reported their first-quarter results, with Kemira seeing a slight decrease in turnover and EBITDA but reporting strong profitability, leading to 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