• Tue. May 28th, 2024

Helsinki Stock Exchange Ends with Slight Rise on Monday, as Energy Company Fortum Leads the Way

BySamantha Nguyen

Mar 25, 2024
Helsinki Stock Exchange closes flat, SRV jumps over 14%

The Helsinki Stock Exchange ended with a slight rise on Monday, with the general index close to zero, up 0.1 percent at 9765.16 points. The most traded stock of the day was the fuel company Inzile, whose share ended with a 4.0 percent increase to 25.67 euros. Approximately half of the most traded stocks were rising, and the other half were falling.

On Monday, several companies made announcements that impacted their share prices on the Helsinki Stock Exchange. Engine company Training announced an investment in filter cloth production in Brazil to meet demand from South American industries, while Valmet’s share ended with a 2.5 percent decrease to 24.18 euros. Media Group PunaMusta Media announced changes in production that will result in layoffs, while ICT company Loihti announced share issues related to staff incentives. SSH Communications Security elected a new board member at its general meeting, and construction company SRV Companies also elected new board members at their respective meetings on Monday evening.

Energy company Fortum announced decisions made at its general meeting and numerous other topics and discussions were covered in various blogs and forums, providing a comprehensive overview of the day’s events on Monday at the Helsinki Stock Exchange.

In summary, despite some fluctuations in share prices of certain companies due to various reasons like investments or changes in production process; overall Helsinki Stock Exchange closed with a slight rise on Monday as more than half of top traded stocks rose while others fell.

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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