Substantial increase on Helsingin pörssi

The market rallied Tuesday, and OMX Helsinki (HEX) closed at 8033 points after an increase of 3.21 percent.

138 shares were up and 19 were down, while 6 remained unchanged, and there was no trading in 0 shares.

Total value of the trading volume for shares and primary capital certificates Tuesday was approximately 0.9 billion.

Cargotec (CGCBV) ended with a solid gain of 8.27 percent and closed at 18.72 euro. We must go back to Feb 8. 2019 to find an equally strong rise. That time the stock gained 10.84 percent. Technically, however, it does not look good. The stock is trend wise negative in the medium term, has resistance at 23.70 euro and a further decline is indicated.
Stora Enso R (STERV) closed at 10.36 euro after a gain of 6.12 percent, and broke the 10.00 -mark. Last time the stock was higher was Feb 27. The stock has now risen for the fourth day in a row. It does, however, not look good technically. The stock is assessed as technically slightly negative for the medium long term.
Caverion (CAV1V) closed at 4.57 euro after a solid gain of 8.68 percent. The previous time the stock gained this much was Oct 29. 2019, when it closed up 15.28 percent. The stock is trend wise positive in the medium term.
Uponor (UPONOR) closed at 9.30 euro after a solid gain of 9.80 percent. The previous time the stock gained this much was Feb 13. 2015, when it closed up 10.96 percent. It also looks good technically. The stock is trend wise positive in the medium term, has marginally broken up through the resistance at 9.20 euro and a further increase is indicated.
Metsä Board B (METSB) closed at 5.67 euro after a solid gain of 6.57 percent. The stock has never gained more in one day since Oct 9. 2019, when it was up 6.87 percent. Technically, however, it does not look good. The stock is trend wise negative in the medium term and a further decline is indicated.

Losers Tuesday

Asiakastieto Group-5.67%
Lehto Group-4.26%
Endomines-3.03%
eQ-2.43%
Sievi Capital-2.17%

Most traded Tuesday

SSAB A206.59
Nokia Corporation82.68
Fortum62.65
Sampo A57.60
Stora Enso R46.73
 


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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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