Well, an exclamation mark doesn’t really suit the traditional Finnish way of approaching things; instead, a question mark better reflects our somewhat suspicious, reserved, and more negatively-inclined national character when tackling matters… which often manifests through our Hesuli… if the stock market in a neighboring country drops by a percentage, then in Finland, we add another on top of that… if a company’s interim report showed good operating profit, there was still a slight disappointment in new orders… if new orders surprisingly increased, then the operating profit raises the suspicion of whether a proper profit will actually remain from them in the end?.. so, a question mark, without a doubt… an exclamation mark doesn’t suit traditional Finnish investing…
That is not dead which can eternally lie
Through the ages, even death may lie
F-f-f-Falling
Down with the sun
I can’t give it up
The night is calling me like a drum
I keep on f-f-falling ![]()
I consulted @Perttu_Hamalainen about this and we both agreed with you. A little caution is definitely in order, as the survey also made clear. ![]()
@Tomi_Valkeajarvi and I
decided to change the exclamation mark in the title to a question mark. The turbulence in the markets is strong enough that a question mark is probably correct.
Expectations are high, stock prices will soon shoot through the roof. Even the stock exchange building will have to be raised:
Is it now an official confirmation of an upturn, when no one has written to this board for four months?
Hesuli’s current upturn has only lasted less than two years, i.e., since 10/2023.
Hesuli - wrongly risen?
Well, if we ever go this way on the Helsinki Stock Exchange, then the average investor can truly give up all hope:
- In the future, it is possible that trading would take place around the clock in at least some stock exchanges. In the United States, NYSE and Nasdaq have applied for permission for 24/7 trading. This summer, the London Stock Exchange announced it was considering the same to attract more trading to its dwindling exchange. The model has been taken at least from the cryptocurrency market, where there are no time restrictions…
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Proponents of longer trading hours appeal to transparency, among other things. Currently, big players can make their own, even large price-moving trades on “dark markets,” which are inaccessible to ordinary investors. In exchanges operating around the clock, everyone would be equal.
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For example, the financial newspaper The Economist has described a 24/7 stock exchange as a “logistical nightmare.” Behind the operation of stock exchanges lie many technical and regulatory processes. During reconciliation, it is checked that trades match and that shares and money are transferred to the correct accounts…
(=incorrect price data, typos, and technical blunders by stockbrokers happen almost every day. Usually, exchange operators can correct these problems after the markets close)
…The closing of stock exchanges provides the markets with a natural cooling-off period, which can also prevent panic-driven movements. Ordinary investors are unable to react to news in fractions of a second, but algorithms can do that too…
I don’t want to downplay the harm of algorithms, but then investing beyond fractions of a second would be emphasized. Algorithms can perhaps manipulate prices, but not the quality of the company. The traditional investor’s investment approach would be tested.
If, for example, an algorithm of a 24/7 stock exchange had crashed Lehto, it would have been inevitable anyway. If, for some reason, it were to utterly crush Kesko five times over, in the spirit of Hesari, there would at least be a hefty dividend yield. It would be necessary to think more about owning something, and not jump into the short-term trading game. ![]()
News as per the thread title:
I, for one, am somewhat tired of the gloom and doom, even though it might offer excellent buying opportunities.
Will Hesuli make an ATH tomorrow?
Depends on the metric. PI, i.e., price index, won’t, but GI, i.e., gross index, which accounts for dividends, might even do it, or just refrain from doing it out of spite.

One could conclude that. Of course, if you manage to pick all the duds from any network, indices won’t bring much joy ![]()
I just looked at the performance of Nordic index funds on Nordnet, and in these, Helsinki no longer stands out negatively in any way - the best in a 10-year investment horizon and at least second in all comparisons over a month. These fluctuate quickly; the Danes seem to have inherited Helsinki’s mantle, even though they were sovereign number ones a moment ago.
It just reminds me of the statements by pension company directors about “investing elsewhere” if Helsinki didn’t start yielding returns a while back. I wonder if they managed to sell at the dip…

When all of Europe is pouring money into everything that even has a tangential connection to the defense industry, in Finland there’s a fit of hysterics when a former Minister of Defense and chairman of the Bourse Club bounces from one CEO position of a listed company to another like a pinball.
OMXH25Pi new ATH today and past the post-COVID peaks!

The general index still has a bit of climbing to do to reach the peaks of the COVID relief rally (and that famous ATH from the IT bubble is still far away)

Small caps have over 60% to go to reach their ATH

First North has over 160% to go to reach the peak.

all hope is gone, the last one out turns off the light, or maybe not after all :![]()
Glimmers of hope on the way:
And the very first comment on Yle:
This is nice, but how does this benefit Finland?