Helsinki shares AFX at glance outlook |
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Fri, 19 Jan 2007 08:42
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HELSINKI (AFX) - Helsinki shares are expected to open higher on bargain-hunting after yesterday's losses, with Nokia seen tracking its firmer ADR on Wall Street overnight, traders said.Yesterday, the OMX Helsinki 25 was 0.53 pct lower at 2,916.68, and the OMX Helsinki was down 0.39 pct at 9,644.72 on 1.334 bln eur turnover.COMPANY NEWS-Wartsila offers 8.6 mln eur to buy 10.3 pct of shares in Wartsila IndiaMARKET SENTIMENT-Kemira downgraded to 'hold' from 'buy' by Deutsche Bank, target price 18.00 eur versus 16.5 eur-Last night in New York, Nokia's ADRs ended at the equivalent of 15.35 eur, 0.39 pct higher than its Helsinki closing level.-Among other Finnish shares traded in the US, Stora Enso was down 0.40 pct to 12.51 eur, UPM-Kymmene down 0.72 pct at 19.39 eur and Metso little changed -- 0.03 pct lower at 38.10 eur.azer.sawiris@afxnews.comafs/ambCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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Helsinki shares close higher led by Nokia on bargain-hunting 