STOCK EXCHANGE: Caverion became the most traded stock

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The Helsinki stock exchange was on Tuesday afternoon. In Europe, the market opens today after a four-day break for Easter, but in the United States, trading was already done yesterday.

On Thursday last week, the OMXH general index closed up 0.4 percent.

Helsinki’s OMXH general index was up 0.6 percent at 10,769 points. A real estate technology company had risen to the top of the most traded shares Caverionwhose shares were used in massive block trades.

Trades have been made with Caverion shares today between EUR 8.49 and EUR 8.75. The closing price of Caverion’s share was 8.52 euros last Thursday.

The largest of the deals made is almost 5.2 million shares. In the deal, the price of one share was 8.75 euros, or a total of more than 45 million euros.

Inderes lowered Caverion’s target price to 8.75 euros from the previous 8.95 euros and repeats the reduce recommendation as a result of the dividend release. The highest and at the same time now officially favored by the Caverion board Triton-consortium’s purchase offer value is currently EUR 8.75.

The most exchanged companies are the fuel manufacturer Liquid except on the rise. Insurance company Sammo’s share was up 1.3 percent at 44.85 euros. Steel company Outokumpu the share increased by 4.4 percent at 4.85 euros.

OP news SSAB:n the recommendation to the reduce level from the previous sell level and the target price to 6.75 euros from the previous 6.10 euros. The B share was up three percent at 6.53 euros.

Inderes also closed Terveystalo Pihlajalinna the target price to EUR 7.70 from EUR 8.00 and repeats the reduce recommendation. The company’s share was down 2.6 percent at 7.64 euros.

Dividends are expected from companies on the Helsinki Stock Exchange from Thursday this week onwards, which will shake the rates of dividend distributors.

US inflation figures on Wednesday

The most significant economic figure of the week will be published on Wednesday, when the United States publishes the inflation figures for March. The country’s employment figures and purchasing managers’ indices published in recent days are hints of easing inflationary pressures.

The market has strengthened its belief that the US central bank Fed would raise interest rates by 25 basis points at its May meeting.

On the other hand, the European Central Bank, the ECB, is still expected to raise half a percent in May, in light of the recent economic data from the euro area.


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