The second half of 2024 began with promising news in Helsinki’s stock exchange. The general index was up around 1.1% at 10,050.26 points, while Nordea was the most exchanged share, up 1.6% with nearly 20 million shares traded.
One of the biggest gainers was Solteq, which saw a rise of 10.1%, while Nightingale Health experienced a decline of 9.1%. In other developments, Tietoevry extended the timeline for evaluating and selling its Tech Services business to be completed by the third quarter results report on October 24th.
Meanwhile, Kemira signed a contract to purchase Noritin’s reactivation business in Great Britain, marking its entry into the activated carbon market. Lemonsoft announced the acquisition of software developer Applirentin in a deal worth approximately EUR 2.3 million, while Herantis Pharma received funding from the MJFF for Parkinson’s research and Telko acquired Swed Handling in Sweden.
Cargotec also made significant news as it split into two companies: Kalmar started trading on the stock exchange’s main list, and analysts predicted that it would account for over 40% of the total value post-split. Kepler Cheuvreux updated its target price for Cargotec following the split decision.
On Wall Street, US Index Futures indicated a positive opening for investors to look forward to in New York City.
