European stock markets witnessed a rise on Friday afternoon, with the OMXH general index in Helsinki increasing by 0.2 percent after opening at 0.3 percent. Nokia’s stock rose by 1.1 percent following the announcement of its acquisition of Californian company Infineran for $2.3 billion, which aims to strengthen its position in optical networks and increase its turnover in the United States.
Nordea, Fortum, Goldman Sachs and Nightingale also experienced notable movements in their stock prices. Nordea saw an increase of 0.9 percent while Fortum faced challenges with two members of its management team set to leave by the end of 2024, as well as a downgrade of its recommendation to sell by Goldman Sachs. Meanwhile, Nightingale experienced a 20 percent increase in its stock value after entering into a partnership with Boston Heartin to sell its Health Check service in the U.S.
Bioretec also faced challenges as it delayed obtaining the European CE mark for its Remeos trauma screw. Overall, the stock market showed varied movements, and investors will continue to closely monitor these developments in the coming days.
