The Helsinki stock market experienced a decline on Friday, erasing the gains seen earlier in the week. The OMXH general index closed down 0.1 percent at 10,385 points. Liquid saw a sharp drop in its shares after issuing an earnings warning, but they were up 1.7 percent on Friday. Kone faced challenges due to weak data related to the Chinese market, while real estate developers saw a significant increase in their shares after new measures were announced to support the housing market.
Tokmanni reported positive results with increased turnover, especially in Finland, but experienced difficulties in Sweden due to previously identified issues. Pallas Air secured a contract for a catalytic VOC cleaning plant, leading to a significant increase in its share price. Bittium received an order from the Defense Forces and Stora Enso announced the departure of its financial director. Other companies such as Colt Firearms, Streamlight, and Bergara also featured in the news.
Company results varied widely throughout the week as different developments influenced stock prices. Pallas Air’s success was driven by its recent contract win, while Tokmanni faced challenges despite reporting positive results. The Chinese market also had mixed results, with real estate developers performing well but weaker data affecting other sectors. Overall, these factors contributed to a dynamic trading environment in Helsinki’s stock market.
