On Monday, Nordea, a significant financial company, witnessed a decline in its share by almost 5 percent.
In Helsinki, the stock market week commenced on a downward trajectory. As of 11:45 a.m., the general index of the stock exchange, OMXHPI, had recorded a one percent drop.
The decrease in the stock market can be largely attributed to Nordea’s performance. The company’s weaker than expected results have significantly impacted its shares, which were down by approximately 4.8 percent at 11:45 a.m. Among all the stocks traded on Monday, Nordea’s was the most frequently exchanged.
In the list of larger corporations, both Kone and Neste also experienced a decline. By 11:45 a.m., both companies’ stocks had fallen by more than 1.5 percent.
In a broader European context, the stock market week has begun while still searching for a clear direction. The FTSE 100 index, which tracks the 100 largest companies on the London Stock Exchange, experienced a slight increase of 0.1 percent. Meanwhile, the Stoxx Europe 600 index maintained a level similar to Friday’s closing figures.
The CAC 40 index, associated with the Paris stock exchange, recorded a decrease of 0.2 percent, while the Frankfurt stock exchange’s Dax index was around 0.1 percent below zero.
