The general index, which tracks the price development of stocks on the Helsinki Stock Exchange, was near yesterday’s closing level on Tuesday at 11,012 points.

Nordea kept the top rank among the most traded shares with a rise of 0.6 percent. Sampo, the second-most-traded stock, plummeted 0.8 percent, and UPM dropped to 2.2 percent.

The mining company Endomines experienced the largest increase, with its shares rising 14.2 percent to 6.03 euros following the publication of the drilling findings for Pampalo, which is located in Ilomanti.

At 6.0 meters, drill hole T-1827 graded 9.2 grams of gold per tonne and contained 36.4 grams of gold per tonne at 0.9 meters.

“Above the existing operational area, 230–240 meters, this drilling penetrated exceptionally high quality gold mineralization. It supports our theory that mineralization extends to depths we haven’t yet been able to explore, said CEO Kari Vyhtinen.

It’s possible that in five to seven years, this level may serve as the foundation for our manufacturing. The most significant finding from this is that the concentrations of gold were really high and were located exactly where we predicted they would be. This is advantageous for carrying out our strategy moving forward.

The CEO of Piipo is changing

Jukka Keisanen, CEO of baling net and twine manufacturer Beep, announced his resignation due to his intention to leave the village.

Keisanen will remain in his post for the nine-month notice period or until another arrangement has been made. The application procedure for the successor has begun.

Although there were only a few hundred euros traded, Piipo’s share price increased by 0.6 percent to 3.50 euros.

The stock of energy service provider Enersensen increased after the company disclosed that its Estonian subsidiary Enersense AS:n had agreed to maintain the Elering’s main grid for electricity transmission in Estonia by replacing one transmission line between substations and building one transmission line.

Enersense and Leonhard Weiss’ business are jointly in charge of carrying out the project. The contract’s estimated value at Enersense is EUR 18.5 million; this amount will be reflected in Enersense’s order book for the first quarter of 2023. The contract is worth 36.9 million euros in total.

Enersense’s share price increased by 2.2 percent throughout the day to 5.94 euros.

Organize shopping

providing services for managing finances and payroll Manage the business that is being conducted through Kouvola Fuel accounts. The deal’s price is not disclosed by the administrator. This opening is Administer’s primary one in Southeast Finland, claims the business.

Shares of Administer were not traded when the stock market began, but they were trading at 2.80 euros at the end of the day, down 0.9 percent.

The number of passengers on board Tallink’s ships grew to 463,000 in December, up 29% from a year earlier, the shipping business reported.

Last year, Tallink carried close to 5.5 million passengers. The results are still behind those from before the pandemic, despite an increase of 84% from the previous year.

The shipping company’s rate was 0.53 euros at 2.3 percent during the day.

The OP reiterated Kamux’s buy advice.

Following the earnings warning on Friday, shares of used vehicle trader Kamuxin dropped precipitously, but yesterday, the price was slightly up. The stock increased 1.8 percent to 4.47 euros on Tuesday.

Kamux’s target price was cut by OP from EUR 7.50 to EUR 5.50, but the buy recommendation was maintained. Early in 2023, the bank does not anticipate that the company’s difficulties would abate. But in OP’s opinion, the valuation of the share will be appealing once volumes and margins improve, which the bank anticipates will happen in the second half of this year.

Analysis firm Inderes fat Partneran decreased the target price for the stock from EUR 0.90 to EUR 0.75 while maintaining the same reduction recommendation. Shares of Partnera increased by 3.8% to EUR 0.76.

The Dow Jones and S&P 500 are expected to open up 0.4 percent and 0.6 percent, respectively, while the Nasdaq, which focuses on technology, is expected to be up 0.6 percent, according to stock market futures.