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Home World The shares of Neste, Kesko and Kempower are sinking, forest giants and...

The shares of Neste, Kesko and Kempower are sinking, forest giants and SRV are on the rise

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The shares of Neste, Kesko and Kempower are sinking, forest giants and SRV are on the rise
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On Thursday, Neste’s shares fell by almost 8 percent.

LiquidKesko’s and Kempower’s shares are getting ugly on Thursday on the Helsinki Stock Exchange.

Oil refiner Neste’s share had fallen by almost 8 percent after 12 o’clock. Trading company Kesko’s B-series shares had closed by almost six percent, and battery charging company Kempower’s by more than six percent.

The background of the price dives is worse-than-expected earnings announcements.

Thursday is the busiest result day of the Helsinki Stock Exchange. During the day, dozens of listed companies publish their results.

The construction company SRV, which reported a better-than-expected result, is among the day’s biggest gainers. The company’s share price has risen by more than 5 percent by 12:15 p.m.

The forest giants UPM and Stora Enso have also been in a strong tailwind. The shares of both have risen in price by well over 4 percent.

The day of the Helsinki Stock Exchange has generally been a minor success. The general index had fallen by 0.9 percent by 12:15 p.m.



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