Helsinki Stock Exchange Thrives in Second Half of 2024; Cargotec Splits from Kalmar, Solteq Sees Biggest Gains

Helsinki Stock Exchange Soars with Over 1% Increase in General Index to Kick Off Second Half of Year

The second half of 2024 started off strong in Helsinki, with the stock exchange’s general index rising by about 1.1 percent to 10,050.26 points in the afternoon. The most exchanged share was Nordea, up by 1.6 percent with nearly 20 million shares exchanged.

Cargotec split from Kalmar, becoming its own listed company on the stock exchange’s main list. Cargotec shareholders received one Kalmar share for each Cargotec share they owned. Kepler Cheuvreux updated the target price for Cargotec to 32.0 euros. US Index Futures predicted a bullish opening for Wall Street.

The technology consulting company Solteq saw the biggest gains with a 10.1 percent increase, while biotechnology company Nightingale Health experienced a 9.1 percent decline. Kemira signed a contract to acquire the reactivation business in Great Britain from Purton Carbons Limited, marking its first step into the activated carbon market

Leave a Reply