On Wednesday, smaller companies on the Helsinki Stock Exchange, such as Incap, Digia, Administer and Relais, experienced significant boosts from their results announcements. However, despite two days of growth, the stock exchange closed down 0.01 percent at 10,109 points. The OMXH general index also saw a decrease of 0.7 percent at the cutting edge Nordic.
The Life insurer and asset manager Mandatum was among the most exchanged shares and saw the biggest gains with a 2.4 percent increase. Meanwhile, housing investor Kojamo saw a 6.2 percent decrease as their results fell short of forecasts.
Some companies exceeded analysts’ expectations with their results, including Incap and Digia. On the other hand, Mandatum and Kojamo experienced disappointing figures compared to forecasts.
The morning’s earnings announcements included companies like Elecster, Sanoma and Vietnam. These companies reported various results that either met or exceeded expectations.
Overall, Wednesday was a day of mixed results for companies in the Helsinki Stock Exchange. It remains to be seen how these companies will navigate the market based on their recent announcements and results in the days to come.