The Helsinki Stock Exchange ended the day with a 0.5% decline in its general index, closing at 9925.34 points. The most traded stock of the day was Nordea bank, which saw its share price drop by 2.5% to 10.98 euros. On the rise, however, was multi-sector company Dovre Group, whose share price increased by 7.4% to 0.33 euros.
On the downside, investment company Reka Industrial experienced a significant decrease of 29.3% in its share price to 6.38 euros and also announced a giant dividend payment of 2.00 euros paid out to its shareholders. Elecster, Tokmanni, and Viking Line also announced dividends for their investors.
Metsä Board made an announcement regarding an investment decision in the renovation of Simpele’s folding carton machine, valued at approximately EUR 60 million spread over the years 2024-2026. Spinnova completed change negotiations resulting in the dismissal of eight positions aimed at supporting the efficient implementation of its updated strategy and reducing fixed costs.
Real Estate Investment company Avaro acquired a shopping center property in Jyväskylä for seven million euros while Outokumpu finalized negotiations for restructuring its German operations impacting over 200 employees.
Capman Buyout managed funds agreed on the sale of Havator Group to a Danish-Norwegian joint venture while Aiphoria signed a new contract with a US veterinary company.
Sitowise witnessed a large block trade transaction on the Helsinki Stock Exchange and nine companies published their interim reports showing varying financial results.
Kone reported improved adjusted operating profit while Fodelian and Siili Solutions experienced changes in their operating results and turnover respectively.