HEX (Helsinki) Market Overviews

Helsinki Stock Market Overview
13/02/2006-17/02/2006

During the week many companies published their financial statements for the last year. This, of course, affected trade on the stock market. Total turnover amounted to EUR 7,289,976,941. OMX Helsinki increased by 3.26%, and OMX Helsinki 25 by 2.68%

Neste Oil Corporation (NES1V) is a leading independent northern European oil refining and marketing company. It focuses on high-quality traffic fuels and other high value-added petroleum products with reduced environmental impact. The share price of Neste Oil Corporation increased substantially by + 7.097% (from 23.53 to 25.2) this week. It can be explained by the fact that Neste Oil Corporation has published the financial statements for the period from 1 January till 31 December 2005. From the statements it was obvious that the last year (2005) was a successful year because the market in 2005 was favorable for an oil refiner with complex refining capacity. Product prices remained at historically high levels, reflecting the increasing global demand for high-quality traffic fuels and high crude prices. Neste Oil recorded a strong full-year profit and cash flow. President & CEO Risto Rinne said: “Last year was a successful one for Neste Oil. This provided us with the muscle to finance our investment program and to reduce our net debt.”

KCI Konecranes Plc (KCI1V) is a world leading engineering group specialising in advanced overhead lifting solutions and maintenance services. KCI Konecranes products and services feature advanced technology, emphasise safety and costs savings for the user through best reliability and performance. Week 7 was successful for shareholders of KCI Konecranes Plc. The share price went up by +9.823% this week. This company had also published the annual report recently and its performance was good because it managed to increase a sales number by +33% during 2005. KCI Konecranes' Nomination and Compensation Committee proposes to the Annual General Meeting of Shareholders on March 8, 2006 the re-election of the seven current Board members for a term of one year. All candidates have given their consent to the election.

Finnair (FIN1S) is one of the oldest operating airlines. The performance of this company has been recently evaluated by quarter financial reports. It shows that it was quiet successful. However, Finnair has suffered the fact, that SVP Human Resources have resigned from it. They have been with Finnair since 1999. This event had a significant impact on Finnair’s share price. It has decreased by 6.37%.

Fiskars Corporation A (FISAS) is an international corporation focused on its core activities: the production and distribution of its consumer goods. It has opened this week with a share price of 10.80, which had slightly increased till Wednesday to 10.85. Wednesday came with an Annual Report, which says that a decision was made in fall 2005 to restructure parts of the US operations of the largest division, Fiskars Brands, Inc. Operating results after this were a loss of 2 million. Net sales have declined by 2.5% in comparison with the previous year. The decrease in share price was 3.33% over the week, and Fiskars Corporation has closed the week at a price of 10.45 per share.


ByInga Gorbunova
Kristine Grecuhina
Jekaterina Jaroslavceva