STOCK EXCHANGE: Helsinki ended up rising – BBS rose almost 15 percent after receiving a advantageous product rating

On Friday, the general index of the Helsinki Stock Exchange ended with a 0.Eighty four percent boom to 10,145 points. A week ago on Friday, the index ended at 10,369 factors. The lower all through the week changed into as a consequence an awesome 2 percent.

The most traded stock of the day was Nokia, which rose 2.12 percentage to three.8115 euros. Also Nordic and Liquid stocks were exchanged diligently. Nordea ended up with a zero.94 percent boom to nine.498 euros, and Neste with a 1.23 percentage boom to 36.19 euros

The largest gainer of the day changed into a medical generation corporation developing bone implants BBS-Bioactive Bone Substituteswho said that its Artebone paste product has acquired a effective selection from the product class.

According to BBS, the category of the product as a scientific tool is particularly extensive for the organization, because the selection ensures that the CE marking method for BBS’s first product can proceed in keeping with the centered less complicated and extra price-effective administrative manner.

The BBS percentage ended with a 14.03 percent boom to zero.878 euros.

Fish farming employer Fifax stated that it will begin issuing a most of three,300,000 new shares to lenders so as to convert sure money owed and debt hobby.

According to the business enterprise’s statement, Fifax has amassed unpaid interest of around 500,000 euros. In addition, the employer has an interest-bearing loan from Helmet Capital, the terms of which allow the loan capital and accumulated hobby to be transformed into equity. The mortgage capital and the hobby amassed thereon is round a hundred and fifty,000 euros. According to the organisation, the subscription rate in the share issue is EUR 0.222 according to share.

“Converting the accumulated capital mortgage hobby and/or mortgage into corporation stocks would enhance and make clear the company’s capital shape, improve the business enterprise’s solvency and decrease its indebtedness. Fifax’s board of administrators therefore considers that there is a compelling monetary purpose to perform the percentage issue”, the board justifies its choice inside the press release.

Fifax’s stocks were handiest gently traded today.

Technology carrier corporation Etteplan block trades of 20,000 shares and 15,000 stocks had been made with the inventory. Both transactions were made at a charge in step with proportion of 17.275 euros, i.E. The mixed price of the transactions is properly over 600,000 euros. The turnover is appreciably higher than regular, and block trades cowl most of the each day turnover of the enterprise’s stocks.

Etteplan’s percentage ended with a upward push of 5.81 percent to 17.30 euros.

Infrastructure developer NYAB stated that it has signed two new contracts with the Swedish grid corporation. NYAB and the Swedish grid employer Swedish energy grid signed an settlement in December 2022 to put together for the development of Aurora Line, the brand new strength transmission connection between Sweden and Finland.

In connection with this settlement, the parties have now signed a further settlement, in addition to any other smaller settlement for the development of a four hundred kV substation. The parties have decided now not to disclose the envisioned financial value of the additional contract.

NYAB’s proportion ended with a 2.29 percent growth to 0.716 euros.

Metsäliitto Cooperative received on May 23 and 24 for approximately EUR 2.6 million Forest Board Series B stocks. A total of 370 thousand shares had been purchased at a median price of 7.Sixteen euros.

According to Metsä Board’s internet site, Metsäliitto become the organization’s biggest proprietor at the start of May with a 49.9 percentage possession stake and more than 177 million stocks. It had almost 68 percent of the votes. The ultimate time Metsäliitto acquired Metsä Board stocks turned into on May 19 and 22.

Metsä Board’s proportion ended with a 1.3 percentage growth to 7.395 euros.

Office fixtures enterprise Martel’s CFO and member of the organization’s management team, Kalle Lehtonen, has resigned to transport to new positions that specialize in monetary control offerings Administer for carrier. Lehtonen will begin at Administer on the stop of August at the contemporary.

Martela’s and Administer’s shares have been only slightly traded.

Multidisciplinary agency Asp stated that the Group’s CFO Arto Meitsalo will depart Aspo’s provider after turning 60. Meitsalo acts as Aspo’s CFO till a successor is chosen and has had time to familiarize himself sufficiently with the employer’s method and price range.

Aspo’s percentage ended with a decrease of one.39 percentage to 7.10 euros.

Nonwovens corporation Finnish said that Jonni Friman, Master of Science in Engineering, has been appointed as the employer’s director of alternate and development. He might be a member of Suominen’s management group and could document to CEO Tommi Björnman.

Suominen’s shares had been simplest slightly traded nowadays.

Analysts suggest changes

Inderes fats The QPR Software goal charge to zero.62 euros from the preceding zero.Sixty five euros and reiterated the lessen recommendation.

Citi fat Elisa’s the goal charge to EUR 48.00 from EUR 49.00 and also lowered the recommendation to the promote level from the like degree.

Readings Telia the goal charge to two.24 euros from 2.05 euros and raised the advice to the extent of hold from the level of promote.

Goldman Sachs raised Konecranes target price to EUR 36.00 from EUR 32.00 and reiterated the preserve advice.

Goldman Sachs nosti Wärtsilä target price to 7.45 euros from 6.50 euros and reiterated the sell recommendation.