Helsinki Stock Exchange Opens With Minimal Changes: Nokia, Finnair, and Optomed Lead Trading Action

On a sunny Thursday, the Helsinki Stock Exchange opened with a slight decrease of 0.3 percent, with the general index standing at 9912.98 points. Initially, the most traded stocks were trending downwards as the stock market day began. At around ten o’clock in the morning, Nokia was the most traded, with its shares down by approximately 0.2 percent. Nokia recently signed a put option agreement with the French government for ASN, with a value of 350 million euros. The company will retain a 20 percent ownership stake in ASN and hold representation on the board for an agreed period to ensure a smooth transition.

Meanwhile, airline Finnair saw the biggest gain at the opening, up by 0.5 percent, while Terveysteknologiyahtiö Optomed experienced the largest decline, with a decrease of 4.8 percent. Optomed, a manufacturer of fundus cameras, announced a directed share issue, issuing 150,000 new shares at a subscription price of EUR 5.25, with expected gross proceeds of approximately EUR 7.9 million.

Fortum’s Chief Transformation Officer Bernhard Günther will be leaving the company at the end of the year by mutual agreement after driving changes towards clean energy implementation and efficiency and competence development for over nine months under Fortum’s Nordic strategy focus on clean energy goals in March 2023. With progress in implementing changes and improved business confidence across various industries such as consumer confidence reaching its highest level since Ukraine war start in Statistics Finland’s reportings, it seems that there is no longer need for separate Transformation Office leading to Günther’s departure from Fortum .