On Monday, the Helsinki Stock Exchange experienced a slight dip in the afternoon but ended the day with an overall positive performance. Despite a drop to 10,273.20 points, the stock market closed up by 0.28 percent, marking the third consecutive day of gains.
Nordea was the most traded stock on Monday, with an increase of 0.44 percent in its rate. The pharmaceutical company Orion saw the biggest rise among all stocks, with its price increasing by 2.53 percent to 38.43 euros. Most of the twelve most traded stocks on Monday were on the rise, contributing to the overall index going up.
One notable company on Monday was Nokia, which experienced significant fluctuations throughout the day but ultimately ended up with a 0.45 percent increase at EUR 3.607 when the stock exchange closed. Nokia’s share price was not influenced by the surge in US meme stocks.
The biggest gainer among all companies on Monday was compound component company compound, which saw its share price increase by 8.53 percent to EUR 3.29 euros. Conversely, Herantis Pharma saw a significant decline on the Helsinki Stock Exchange, with its share falling by 10.78 percent to EUR 169 million at closing time on Monday evening.
Additionally, trading for composite company Exel Composites with subscription rights concluded by midnight on Tuesday morning.
In other news, construction company YIT and private equity firm Capman announced their plans to issue new green bonds worth EUR 100 million and EUR 60 million respectively within this month and next month respectively.
Both companies have committed to using these funds towards environmentally sustainable initiatives that align with their respective business models and mission statements.
Overall, it seems that despite some volatility in certain sectors of the market throughout Monday’s trading session, investors continue to show confidence in sustainable investments as demonstrated by YIT and Capman’s decisions to issue green bonds.
