Helsinki Stock Exchange Ends First Half Disappointed, Focus Shifts to Interest Rates and Profit Forecasts

Portfolio manager Juha Varis states that artificial intelligence is currently capturing the focus and funds of investors.

The Helsinki Stock Exchange concluded its first half of the year on Friday, leaving investors feeling disappointed. Despite hopes for excitement in the market, there were few notable artificial intelligence companies listed on the exchange. Instead, the focus shifted to interest rate cuts and their potential impact on domestic consumer companies.

Some predicted that these cuts could stimulate demand in the market, positively affecting some companies’ performance. However, challenges remained, such as falling profit forecasts for many listed companies. These challenges made it difficult for investors to make significant gains compared to other global markets.

In contrast, indices in the US and Europe showed significant growth over the same period. Central bank policies and rate cuts were closely watched by investors hoping for positive impacts on the market. Despite this, steady but unimpressive performance marked the first half of the year on the Helsinki Stock Exchange. With limited growth opportunities and challenges like falling profit forecasts, investors kept a close eye on central bank policies and rate cuts that could potentially drive positive changes in the coming months.

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