The Helsinki Stock Exchange saw an increase of over 0.2 percent in its price index on Friday. However, there was negative news for energy company Fortum as American major bank Goldman Sachs downgraded its stock to “sell”. This led to a three percent drop in Fortum’s share price by noon on Friday. Despite this, the general index of the Helsinki Stock Exchange was up by more than 0.2 percent, hovering close to 10,000 points by midday on Friday.
Goldman Sachs cited limited upside potential and weaker earnings and investment expectations as reasons for the downgrade from “neutral” to “sell”. Nokia was a standout performer on the exchange, with its share price increasing by over one percent after the announcement that it would acquire the US semiconductor company Infinera for $2.3 billion. In other news, various online platforms and communities were discussing topics ranging from online gambling guides to job opportunities in engineering and building safety. Users of these platforms were sharing insights and information on a wide range of subjects, creating a diverse online community.
