The Helsinki Stock Exchange closed down 1.06 percent on Thursday, with the general index ending up at 10,120.99 points. Despite the overall downturn, one bright spot was the engineering company Training, which issued a positive earnings warning and saw its price increase by 12.82 percent to 26.41 euros when the stock exchange closed.
Valmet was the second most traded stock on the exchange, with trading briefly halted after a profit warning due to volatility. Valmet raised expectations for the ebita result for 2024 in its guidance, while turnover guidance remained the same. Other stocks that ended up in the positive included Great Enso and Fortum, with Stora Enso’s share rising by 2.11 percent and Fortum’s by 0.42 percent.
On the flip side, more than two percent of the exchanged stocks were on the decline, with Nordea down by 3.10 percent, Nokia by 2.51 percent, In this by 2.28 percent, and Roots with a decrease of 2.45 percent. The major owner of Nordea, Swedish investment company Cevian, announced that it had sold a quarter of the company’s holdings in the last year
