The Helsinki Stock Exchange has opened with a decline of nearly three percent.
The Helsinki Stock Exchange has opened today with a sharp decline in the global wave of shares. The airline Finnair fell even more than 6% after the company issued a corona virus earnings warning.
At 10.10, the OMXH Global Index had dived 2.8 percent to 9,470.85 points, and the OMXH25 Index for the most traded shares. At its steepest, the all-index index opened with a 3.4 percent plunge.
At the opening, the entire replacement tip fell more than three percent. All industry indices were down more than two percent. Only seven shares were positive.
Finnair had plunged 4.1 percent. The company warned in the morning that its comparable operating result for the first half of the year would be weaker than last year due to a decline in air traffic demand caused by the coronavirus. The company plans to adjust its network and costs by EUR 40-50 million.
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