Global Stock Markets Rise on Fed Speculation; Helsinki and Latitude 66 Lead the Way

The Helsinki Stock Exchange opened higher on Thursday, with the OMXH general index up 0.2 percent at 10,074.54 points shortly after trading began. Among the most exchanged stocks, Nordea and Sambo saw increases, while Training and Nokia saw decreases in their prices.

Stock markets in Asia rose on Thursday following Wall Street’s lead. There is speculation that the Fed might make its first interest rate cut as early as September. However, the June ISM purchasing managers’ index for the US service sector fell below expectations, coming in at 48.8 points.

Thursday started quietly in Helsinki in terms of company-specific news. A cargo handling company, Kalmar, that started listing on the stock exchange on Monday saw a 0.4 percent increase in its shares. Another company, Cargotec, saw a slight increase as well.

Australian-Finnish mining company Latitude 66 merged with ASX-listed DiscovEX Resources in Australia and raised four million Australian dollars, approximately 2.5 million euros, for ore exploration and project development. Inderes made adjustments to share recommendations and target prices for various companies including OP DNB Markets and Barclays among others that also made similar changes . There are different topics available such as cannabis web design trends and entertainment news for readers to explore further