Helsinki Stock Exchange Opens Near Zero, SSAB Continues Decline

Following a period of trading, the general index of the stock exchange remained unchanged at 9738.37 points. However, there were significant fluctuations in the share prices of individual stocks. The most traded stock of the morning was Nordea bank, whose shares rose by 1.4% to EUR 10.76. Of the twelve most actively traded stocks, half saw their prices increase while the other half decreased.

One company that stood out in the morning’s trading was Sotkamo Silver, whose shares increased by 2.3% to EUR 0.10. Glaston, a supplier of technology for glass processing industry also experienced a rise in its share price by 3.5% to EUR 0.88 euros. Inderes raised Glaston’s target price to EUR 1.00 from EUR 0.95 and reiterated its buy recommendation for investors looking to invest in this sector

At the top of the list was SSAB, a steel company whose B-share fell by 1.7% to EUR 6.30 euros despite recent announcement about major investment in Lulea, Sweden which was expected in Finland as well specifically Raahe but did not happen due to unknown reasons . On another note IT service company Vincit announced changes in its management team aimed at aligning business responsibilities with different geographical areas and customer markets after closing its share at EUR2 .75 euros on previous day

Konecranes, a lifting equipment company strengthened its presence in port services by acquiring a German maintenance company Kocks Kranbaun for an undisclosed value . The deal was completed in April but no information has been released about it yet . Konecranes’ share price fell by 0

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