On Friday afternoon, European stock markets were generally up, with the OMXH general index in Helsinki rising by 0.2 percent. The index approached 9,993 points, just below 10,000. Nokia’s stock also rose by 1.1 percent following the announcement of its acquisition of a Californian manufacturer for 2.3 billion US dollars. This acquisition is expected to strengthen Nokia’s position in the optical network solutions market and increase its turnover in the United States.
Other notable stocks on the market included Nordea, which was up by 0.9 percent, and Fortum, which was down by 3.2 percent. Changes in management teams of some companies were also announced, with key members leaving and new recruitment processes beginning immediately. Goldman Sachs lowered Fortum’s recommendation to sell, with a target price of 14.30 euros.
In terms of individual companies, Nightingale saw a significant jump of 20 percent in its stock price after entering into a partnership with Boston Heartin for selling its Health Check service in the United States. Bioretec’s Remeos trauma screw’s European CE mark marketing authorization application faced delays, pushing back the expected timeline for approval.
Overall, the European stock markets experienced a mix of changes and developments on Friday
