The Helsinki Stock Exchange’s general index rose by 0.4 percent to 9978.25 points at the end of trading. Nordea Bank was the most traded stock of the day, with its share price increasing by 1.8 percent to 11.26 euros. Many other stocks also saw an upward trend in their share prices, including pharmaceutical company Faron Pharmaceuticals, which experienced the largest increase of 10.3 percent to 1.54 euros, and information security company Withsecure and measuring equipment company Vaisala, which saw gains of 5.3 percent and 4.8 percent respectively. On the other hand, Betolar saw its share price drop by 9.5 percent to 1.05 euros at closing time.
In other news, food company Fodelia announced the sale of businesses related to its Perniön Liha brand and Helsingin Makkaratehdas brand, resulting in a 4 percent increase in its share price to end at 5.20 euros.
IT company Digital Workforce Services secured a significant order worth 2.7 million euros from the United States, while blade company Do updated its long-term financial goals to focus on faster growth and higher profitability.
Packaging manufacturer Huhtamäki revealed plans to close its manufacturing facility in Malaysia, resulting in job losses for some employees.
Customer information company Withsomething announced a share buyback program, while Enento’s share price saw an increase of 1.9 percent at the end of trading.
Eleven listed companies released their interim reports for the first quarter, with Finnair reporting a loss due to difficulties caused by the COVID-19 pandemic.
Atria’s adjusted operating result declined due to reduced demand for meat products during the pandemic.
Finnair also received its first credit rating from S&P Global Ratings.