Stock Trade: Fortum postponed the upswing working day of the Helsinki Stock Trade

In addition to Fortum, most of the other most traded shares were also on the increase on Wednesday.

The Helsinki Stock Exchange had a very clear working day of growth on Wednesday. The inventory exchange’s common index closed at the conclusion of the day with a increase of 1.2 p.c to 10,285 details.

The increase in the basic index was pushed by the energy corporation Fortum, whose share closed at the close of the working day with a 9.5 % enhance to 13.25 euros. Fortum was by far the most traded stock on Wednesday.

The settlement concerning Fortum and the German federal government on the sale of Uniper’s shares, the return of the four billion euro bank loan and the release of the mum or dad company’s guarantee of 4 billion euros was a reduction for investors. The German federal government will buy all Fortum’s Uniper shares at a price of EUR 1.70 per share, i.e. for a full of about EUR .5 billion.

Fortum also retains the primary ideal to make a order offer for Uniper’s hydro and nuclear energy in Sweden right until the close of 2026, if they come up for sale. Nonetheless, Uniper introduced in the morning that there are no income intentions for the time becoming.

Other most traded stocks Nordea rose 1.6 p.c, Nokia .3 percent and Kone 1.8 %.

Glaston bought traction with the new buy

Glass processing technological innovation company Glaston mentioned that he experienced signed a agreement for five area tempering lines for the manufacture of solar panel glass in China Kibing Glassin with. In accordance to the company’s press release, the benefit of the order is nearly 5 million euros.

Glaston’s share rose 4.6 p.c to .912 euros.

married explained that he would commence the adjust negotiations, which also concern the merger with Evli EAB Groupia. In accordance to Evli, the aim of the adjust negotiations is to attain synergy advantages by means of the merger.

Evli’s share fell by 3.4 percent to EUR 17.00 and EAB’s share rose by .3 per cent to EUR 3.26.

Serious estate expense company Ovaro said that he had sold household qualities found in the provinces. According to the firm, qualities are sold 11.7 percent below their balance sheet values ​​due to the character of the wholesale trade. According to the company’s push launch, the influence of the offered housing portfolio on the result is roughly -.42 million euros.

Ovaro’s share fell by 3.8 percent to 2.99 euros.

A textile firm Spinnovan member of the board Timo Soininen stated that he would give up his board membership. Soininen is 1 of the founding shareholders of Spinnova.

Spinnova’s share rose .8 % to 5.38 euros.

In addition Central Finland reported in the afternoon that it will distribute an supplemental dividend of EUR .30 to its homeowners and Citycon a money return of .125 euros to its have homeowners. The distributions were dependent on the authorizations earlier offered by the companies’ typical conferences.

Leave a Comment

Your email address will not be published.

You may also like