EXCHANGE: The Highlight of Kempower Banknote Exchange | Connection

In the afternoon, the general index of the Helsinki stock exchange OMXH was down 0.3% to 10,845.73 points. Stock markets have been weighed down globally by worries about a recession and monetary tightening.

In Europe, the sharp rise in energy prices associated with Russia’s war of aggression is a separate problem. On the other hand, many European companies operating internationally have benefited from the weakening of the euro in recent weeks. Today, Tuesday, many defensive stocks rose, but cyclicals were down.

Nordea, Sampo, Musti and Wärtsilä are the most traded shares on the Helsinki Stock Exchange. The others are decreasing, most of all Fortum.

Investors are waiting On Fortum tomorrow’s interim report. The company has to write off billions in losses from subsidiary Uniper. The stock price has been basically falling for a week, but on Tuesday the stock price recovered slightly. Shares fell again this afternoon, down 3.2% to €10.35.

Kempower received a significant order

Manufacturer of fast charging devices for electric cars Kempower has received an order worth around nine million euros from the Portuguese From Power Dot . Delivery of passenger car fast charging systems is planned for 2022 and the first quarter of 2023. In February, Kempower received a three million euro order from the same company.

Kempower’s share price rose 2.9 percent to 19.55 euros. In the morning, the exchange rate reached 20.20 euros.

The results are better than expected

Troop Builder Honkarenken published its results for the beginning of the year. The company made an operating profit of 2.2 million euros on a turnover of 36.7 million euros. The numbers clearly exceeded the forecasts of Inderes, which follows the company (1.4 and 31.3 million euros). A year ago, in January-June, the operating profit was 1.7 million euros, and the turnover was 29.6 million euros.

Honkarakenne’s B share was at the level of yesterday’s closing price of €5.00.

Also creating electricity storage and solutions that improve power quality Power of Merus published its results for the first half of the year. The operating result of the company was -0.4 million euros, while for the comparative period last year it was -0.6 million euros. Turnover rose to €6.3 million from €4.4 million in the comparison period. The numbers were better than Inderes forecasts (-0.8 and 5.9 million euros)

The price of Merus Power rose by 1.6% to 8.18 euros.

Yesterday an offer to buy from a Swede From Semcon AB made by a consulting firm I don’t plan closed yesterday Tuesday with an increase of 8.3 percent. Inderes raised the company’s target price to €17.50 from €15.50 previously and raised the recommendation to plus from a previous downgrade. Evli raised the target price to €18.00 from €16.00 and the level of the recommendation to buy from the previous recommendation to like.

Etteplan’s share price fell 2.1% to €16.00. Semcon’s share price was 147.40 kroner in Stockholm, close to a buy offer of 149 kroner.

Inderes counted Banker’s office in Alexandria price target to €7.50 from €8.50 previously and reiterated a reduce recommendation. Yesterday, Alexandria published its results for the beginning of the year, which did not meet the comparative period and analysts’ forecasts. The share price fell 0.5% to 7.52 euros.

JPMorgan refused Nokian tires price target to €11.50 from €12.80. The investment recommendation is still valid. Nokian Tires’ share price fell 1.9% to 10.18 euros.

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