On Friday, several earnings publishers on the Helsinki Stock Exchange saw an increase in their stock prices. The general index of the exchange closed with a 1.1 percent increase, reaching 9,835 points. This rise was followed by the main indices of the New York stock exchanges, which also experienced an upturn. The S&P 500 rose by 1.1 percent, Nasdaq increased by two percent, and the Dow Jones saw a slight gain of 0.4 percent.
The most traded shares on Friday were Nokia and Nordea, which closed down 1.5 percent and up 0.3 percent respectively. Neste faced a significant drop in its share price after its January-March results fell short of expectations. However, Wärtsilä reported an operating profit that exceeded analysts’ expectations, resulting in an impressive 11.4 percent increase in its share price.
Other companies such as Kemira, Appetite, and Kreate also reported their first-quarter results on Friday