Forest Shares in Finland increased by 33-99% over the past 12 months
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Those who have invested in Finnish shares in the past year have made a great deal. The General index at the Helsinki Stock Exchange in Finland, has risen by 15 percent in one year and the charts are easy to find stocks that have risen 50-60 percent or more. The brightest stars are found in basic industries and some companies in the forest sector have risen up to 33-99%.
The brightest stars are found in the basic industries and i commpanies like Cargotec, Wartsila, Metso, Kone, Outotec, who have all benefited from the strong economic growth in Asia. - We started the course from very low levels after the crisis. The cyclical companies in basic industries have rushed off like a mess out of the nest box when the economy has turned, "says director Vesa Engdahl on fund management company FIM to online magazine hbl.fi
Even better, it has gone on Forest shares during this year.
(black curves=OMXSPI)
Now with the low valuation of the Euro these companies will get an extra boost in addition, the reduced Russian wood tariffs affect positively.
UPM
UPM UPM-Kymmene Oyj has risen 40,56% last 12 months.
Stora Enso
Stora Enso R is up 33,94% last 12 months.
M-real
M-real Oyj B up 99,20% during last 12 months.
Ahlstrom Oyj up 55% during the same period.
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