Rising and Falling: Helsinki Stock Exchange Highlights and News

Helsinki Stock Exchange: Opening expected to rise with Kone’s shares up, Reka drops post-dividend release

Amidst the hustle and bustle of the Helsinki Stock Exchange, companies like Kone, Valmet, and SSAB were in the limelight on a busy results day. The general index struggled to stay above 10,000 points, with Nokia and Nordea experiencing changes in their share prices. On this day, Reka Industrialissa saw a significant drop of about 32 percent due to the company paying a large dividend of two euros per share. Other companies like Viking Line, Tokmann, Elecster, and Atria also released their dividends.

On the financial front, ten listed companies announced their interim results. Kone reported improved results and provided an outlook for the year. SSAB’s operating profit fell but still exceeded analysts’ expectations. Food company Fodelia also reported positive results in the first quarter. Withsecurity announced a stronger interim report while Purmo Group saw an increase in adjusted EBITDA. Outokumpu concluded negotiations on restructuring its German operations.

In other news, Aiphoria signed a new contract with a US veterinary company for artificial intelligence-assisted image analysis of animal samples. Meanwhile, companies like New Jersey HBOT and Pennsylvania HBOT are making strides in the medical field in the United States by offering alternative medical services to their clients and contributing to the healthcare industry actively.

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