Helsinki Stock Exchange Fluctuates: Neste Shares Fall by Nearly 8% on Earnings Announcement

On Thursday, Neste’s shares experienced a significant drop of nearly 8 percent, while Kempower and LiquidKesko also underperformed on the Helsinki Stock Exchange. The decline in Neste’s share price was attributed to worse-than-expected earnings announcements.

Thursday was a busy day for results on the Helsinki Stock Exchange, with numerous listed companies publishing their earnings reports. Among the gainers for the day were construction company SRV, which reported better-than-expected results, leading to a more than 5 percent increase in their share price by midday. Similarly, forest giants UPM and Stora Enso saw strong gains, with their share prices rising by well over 4 percent.

However, overall the day on the Helsinki Stock Exchange was considered a minor success, with the general index falling by only 0.9 percent by midday. This fluctuation in stock prices reflects the dynamic nature of the stock market and the impact of earnings announcements on investor sentiment.