On Tuesday, European stock exchanges saw a significant drop, including the Helsinki stock exchange. The general index of the Helsinki Stock Exchange fell by 0.7 percent to 10,002.95 points. The most traded stock on Tuesday was Nordea, with its share decreasing by 1.8 percent, ending at a unit price of 11.2 euros.
Betolar, a materials technology company, announced a partnership with Norway Mineralerin to develop sustainable and low-carbon mining solutions in southern Norway. The aim of the cooperation is to explore the use of Betolar’s sustainable mining solutions and technologies in Norge Mineraler’s operations. Meanwhile, BBS-Bioactive Bone Substitutes experienced the largest decline with a decrease of 8.1 percent due to a free share issue by its board of health technology company.
Monday saw the listing of Kalmar as an independent entity after spinning off from Cargotec on the Helsinki stock exchange as a new billion-dollar company. Endomines reported a four percent increase in gold production at its Pampalo mine in the first half of 2024 compared to the same period in 2023 and expects significant growth for the second half of 2024 laying groundwork for production in 2025. Meriaura Group announced the sale of a minority stake in its maritime logistics subsidiary, Meriaura Oy, to its largest shareholder Meriaura Invest Oy for €4,552,659.73 euros valuing it as third largest shareholder in food company Fodelia after German investment company ShapeQ doubled its investment making it so . Valmet’s engineering division secured an order to deliver a carrier roller cutter for a paper machine in China introducing it for use in 2025 while Administer made purchase offer to acquire shares from city council Pieksämäki while board approved transaction and set it for transfer into ownership .