Helsinki Stock Market Sees Mixed Results in Fluctuations Affecting Multiple Companies

Helsinki Stock Exchange: Tokmanni’s Stock Plummets on Earnings Report Day

The stock market in Helsinki saw a decline on Friday, with the OMXH general index dropping 0.1 percent to 10,385 points. Despite this, some companies experienced fluctuations in their share prices due to various factors.

The fuel refiner, Liquid, saw a 1.7 percent increase in its share price on Friday, while Fortum rose by 0.5 percent and Kone fell by 1.5 percent. The Chinese market was also impacted by mixed news, with weak data but positive developments in the construction sector leading to an increase in real estate developer shares after authorities introduced measures to support the housing market.

In terms of company results, Tokmanni reported an increase in turnover but a deepening operating loss more than expected. Kamux’s sales in Finland performed well and led to an increase in turnover, but challenges in the Swedish market significantly impacted overall sales turnover. Pallas Air secured a contract for a cleaning plant and saw its share price increase after experiencing a significant decline as a subsidiary of Genano Solutions.

Other companies also received orders from various sources, including Bittium from the Defense Forces and Stora Enso announcing a management change. Firearm and gaming-related products were showcased for sale on the stock market as well. Overall, the Helsinki stock market experienced fluctuations due to both domestic and global factors affecting different companies within it.

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