Helsingin pörssi rises for the seventh day in a row

The market showed a small gain Friday, and OMX Helsinki (HEX) ended the day at 10272 points, which is an increase of 0.62 percent. For the week as a whole the index showed a gain of 2.9%. The index has now risen for the seventh day in a row.

100 shares showed a gain and 51 showed a loss. 16 shares were unchanged and closed at the same price as the previous day. There was no trading in 0 shares.

Value of the total volume of shares and primary capital certificates traded Friday was approximately 1.5 billion.

Cramo (CRA1V) was up 3.31 percent to close at 13.72 euro. The stock has not closed higher since Jun 2019. The volume was also high. At session end it was bought and sold shares for about 15 million euro in the stock, which equals nine times mean daily turnover. It also looks good technically. The stock is trend wise positive in the medium term and a further increase is indicated.
Sampo A (SAMPO) closed at 40.47 euro after a solid gain of 2.27 percent. We must go back to Sep 9. 2019 to find an equally strong rise. That time the stock gained 2.36 percent.
Metso (METSO) closed up 1.61 percent to 36.57 euro. The stock has not closed at a higher price since Sep 2019. This past week the stock has gained as much as 6.90 percent. Technically it also looks good. The stock is trend wise positive in the medium term, has broken up through the resistance at 35.50 euro and a further increase is indicated.
Fortum (FORTUM) moved up and ended at 22.85 euro, which is an increase of 1.56 percent. The stock has now closed up for the fifth day in a row and this past week the stock has gained as much as 6.83 percent. It also looks good technically. The stock is trend wise positive in the medium term, has support at 21.30 euro and a further increase is indicated.
Neste (NESTE) showed a negative development and ended the day at 33.83 euro, which is a decline of 2.39 percent. The stock thereby reversed down after six days of gains. Technically, however, it looks good. The stock is trend wise positive in the medium term, has broken up through the resistance at 32.80 euro and a further increase is indicated.

Winners Friday

Talenom4.94%
Endomines4.61%
Trainers´ House4.50%
Revenio Group4.37%
Basware3.52%

Losers Friday

Nordic ID Oyj-8.53%
Nurminen Logistics-6.67%
Evli Pankki-3.38%
Stockmann A-3.36%
Stockmann B-3.05%

Most traded Friday

Ericsson B671.75
SSAB B111.88
SSAB A96.86
Nokia Corporation61.88
Nokia Corporation58.15
 


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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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