On Wednesday, the Helsinki Stock Exchange opened with a slight decline of 0.1 percent to about 10,377.5 points. However, the top-traded shares were up 1.1 percent and Sampo was up 0.2 percent.
Asia’s stock market sentiment improved on Wednesday, with most markets seeing positive growth except for Japan’s Nikkei index. Wall Street indices also closed close to records, reflecting optimism in the market. The chip manufacturer Nvidia’s results were being closely watched as they were expected to be announced after the market closes.
Meanwhile, NoHo Partners, a listed company in the restaurant industry, announced that it would update its strategy and financial goals for 2025-2027. The company aims to achieve a turnover of around €400 million in Finland and profitable growth internationally, while also increasing dividends for shareholders.
In other news, Inderes lowered its target price for the car trading company Weatherin from €148 to €45 euros and advised investors to reduce their shares in the company. OP also updated its recommendation on Weatherin to sell at a price of €45 euros per share.
Finally, Housing Portfolio announced that it had refinanced all loans for its Finnish subsidiaries with new loans totaling €88 million euros at an estimated interest rate of 5.3 percent. As a result of this refinancing, Housing Portfolio’s share price rose by 29%.