On Thursday, the stock market experienced a significant drop in Neste’s shares, with the company’s share price falling nearly 8 percent. In addition to this, LiquidKesko’s and Kempower’s shares also performed poorly on the Helsinki Stock Exchange that day. The cause of these declines was attributed to disappointing earnings announcements from several listed companies on the exchange.
Thursday was a busy day for results on the Helsinki Stock Exchange, with numerous listed companies publishing their earnings reports. Despite this, only a few gainers emerged, including construction company SRV which reported better-than-expected results and saw their share price increase by more than 5 percent by midday. Similarly, forest giants UPM and Stora Enso reported strong gains, with their share prices rising by well over 4 percent.
Overall, the day on the Helsinki Stock Exchange was considered a minor success, with the general index falling by just 0.9 percent by midday. This fluctuation in stock prices highlights the dynamic nature of the stock market and the impact of earnings announcements on investor sentiment.