Nokia’s Optical Network Acquisition Propels Helsinki Stock Exchange on Last Trading Day of June 2024

Helsinki Stock Exchange Begins Second Half of the Year with Friday Opening in the Green

On the last trading day of June 2024, the Helsinki Stock Exchange opened up 0.3 percent. The general index was at 10,008.82 points a few minutes after opening. The most exchanged companies progressed mainly in an upward direction as the stock market day opened. The most traded company around ten o’clock in the morning was Verkkoupäääää Nokia whose share was up by about 3.2 percent. The company announced that it is buying a Californian manufacturer of optical network solutions, Infineran, for about 2.3 billion US dollars. Nokia will pay $6.65 per share for the company’s shares, which is 28 percent more than the stock’s closing price on Wednesday.

The strongest riser of the opening was Nightingale Health with a rise of 20.6 percent and the biggest decliner Qt Group with a decrease of 2.2 percent. Nightingale Health and Boston Heart Diagnostics agree on a strategic collaboration to sell Nightingale’s Health Check service in the US

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