Helsinki Stock Exchange Reports Mixed Results as Goldman Sachs Downgrades Fortum, while Nokia Shares Surge Following Acquisition Announcement

A top American bank changes Fortum’s stock rating to “sell”

On Friday, the Helsinki Stock Exchange experienced an increase of over 0.2 percent in its price index. However, this was overshadowed by negative news for energy company Fortum as American major bank Goldman Sachs downgraded its stock to “sell”. This led to a three percent drop in Fortum’s share price by noon on Friday. Goldman Sachs cited limited upside potential and weaker earnings and investment expectations as reasons for the downgrade from “neutral” to “sell”.

Despite this, Nokia stood out as a standout performer on the exchange, with its share price increasing by over one percent after the announcement that it would acquire the US semiconductor company Infinera for $2.3 billion.

Meanwhile, various online platforms and communities were buzzing with discussions on topics ranging from online gambling guides to job opportunities in engineering and building safety. Users of these platforms shared insights and information on a wide range of subjects, creating a diverse online community.

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