Helsinki shares AFX at a glance outlook |
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Mon, 29 Jan 2007 09:13
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LONDON (AFX) - Helsinki shares AFX at a glance outlookHelsinki shares are expected to open higher, helped by a late recovery on Wall Street and gains for Finnish blue-chip stocks traded in the US, traders said. On Friday, the OMX Helsinki 25 index closed down 0.47 pct to 2,958.20 points, while the OMX Helsinki all-share index ended up 0.32 pct to 9,963.94.FORTHCOMING EVENTS TOMORROW-Cargotec Q4 results -FOEX Pulp & Paper price statisticsCOMPANY NEWS-Rautaruukki signs long-term iron-ore pellet supply deal with Sweden's LKAB -Capman sells most of its stake in Moventas Oy to Industri Kapital; sale to provide 1.5 mln eur boost to CapMan's 2007 resultTODAY'S/WEEKEND PRESS-Nokia employees left without bonus despite strong Q4 results (Turun Sanomat/YLE)-Nordea now deepening rather than broadening European presence (FT/Fund Management)MARKET SENTIMENT-Orion downgraded to 'underperform' from 'neutral' at Credit Suisse - dealers -Nokia's New York-listed ADRs ended at the equivalent of 16.73 eur, up 0.48 pct on Nokia's Helsinki closing level.-Among other Finnish shares traded in the US, UPM-Kymmene added 0.41 pct to 19.36 eur, Stora Enso rose 0.32 pct to 12.45 eur and Metso ended up 0.68 pct to 38.68 eur.newsdesk@afxnews.comjfr/icCOPYRIGHTCopyright 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 