On Thursday, Neste’s shares experienced a significant drop, falling nearly 8 percent. Additionally, LiquidKesko and Kempower’s shares were performing poorly on the Helsinki Stock Exchange that day. The reason behind these price declines was attributed to worse-than-expected earnings announcements.
Thursday was a busy day for results on the Helsinki Stock Exchange, with many listed companies publishing their earnings reports. Among the gainers for the day were construction company SRV, which reported better-than-expected results and saw their share price rise by more than 5 percent by midday. Similarly, forest giants UPM and Stora Enso saw strong gains, with their share prices rising by well over 4 percent.
Despite these gains, the overall performance of the Helsinki Stock Exchange was considered a minor success on Thursday. The general index fell by 0.9 percent by midday, reflecting the dynamic nature of the stock market and the impact of earnings announcements on investor sentiment.