![A top American bank changes Fortum’s stock rating to “sell”](https://hs.mediadelivery.fi/img/some/default/44367677f2eab79afd2ebb1bd9731d89.jpg)
Rising Helsinki Stock Exchange Indexed Amidst Fortum’s Downgrade and Nokia’s Acquisition Announcement: The Online Community Thrives
On Friday, the Helsinki Stock Exchange experienced a positive trend as its price index increased by more than 0.2 percent. However, this progress was overshadowed by negative news for energy company Fortum when American major bank Goldman Sachs downgraded its stock to “sell”. This led to a three percent drop in Fortum’s share price by noon on Friday. The reasons cited by Goldman Sachs for the downgrade from “neutral” to “sell” were limited upside potential and weaker earnings and investment expectations.
Despite this setback, the general index of the Helsinki Stock Exchange continued to rise, hovering close to 10,000 points by midday on Friday. Nokia was a standout performer on the exchange, with its share price increasing by over one percent after it announced that it would acquire US semiconductor company Infinera for $2.3 billion.
Meanwhile, various online platforms and communities were buzzing with discussions on a wide range of topics including online gambling guides and job opportunities in engineering and building safety. Users of these platforms were sharing insights and information on diverse subjects, creating a vibrant online community.