Why did Wärtsilä rise on 6 October?
Written after the close on
Wärtsilä +4.09% · OMX Helsinki 25 +1.03%
Wärtsilä rose sharply, helped by a large engine order for CMA CGM container ships. Over the last five trading days Wärtsilä rose sharply while the Helsinki market was roughly flat, so the gain was mostly company-specific. The likely drivers were the CMA CGM order for 36 dual-fuel engines and a 282 MW onsite power order for a US data center, both booked earlier and confirmed now. Watch the late-October earnings report for how these orders feed into the order book.
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