Finnish stocks finished the trading session higher on Friday, with sector-level gains in telecoms, consumer services and technology lifting the broader market. At the close in Helsinki, the OMX Helsinki 25 index added 1.30% to record a new all-time high.
Among constituents, Nokia Oyj (HE:NOKIA) was the day's strongest performer on the OMX Helsinki 25, climbing 9.55% or 1.15 points to close at 13.26. Qt Group Oyj (HE:QTCOM) gained 4.08% or 1.06 points to finish at 27.04. SSAB AB B (HE:SSABBH) also advanced, rising 3.27% or 0.26 points to end the session at 8.33.
On the downside, Mandatum Oyj (HE:MANTA) led decliners among the index names, slipping 1.45% or 0.09 points to close at 5.77. Hiab Oyj (HE:HIAB) declined 1.40% or 0.70 points to 49.18, and Lumo Kodit Oyj (HE:LUMO) fell 1.20% or 0.09 points to finish at 7.42.
Market breadth on the Helsinki Stock Exchange was narrowly negative, with 91 stocks falling versus 88 advancers; 12 issues ended unchanged.
Two notable price milestones were recorded during the session. Shares of Nokia Oyj rose to 5-year highs, gaining 9.55% to close at 13.26. Meanwhile, SSAB AB B shares moved to all-time highs, advancing 3.27% to 8.33.
Commodities displayed mixed performance alongside the equity rally. Brent oil for July delivery rose 0.96% or 0.98 to trade at $103.56 a barrel. U.S. crude for July delivery increased 0.74% or 0.71 to $97.06 a barrel. By contrast, the June Gold Futures contract declined 0.48% or 22.00 to trade at $4,520.50 a troy ounce.
Currency markets were relatively steady. EUR/USD was essentially unchanged, moving 0.15% to 1.16, while EUR/GBP was also close to flat, changing 0.17% to 0.86. The U.S. Dollar Index Futures rose 0.17% to 99.28.
The session's intra-day price action and the range of sector performance underline a market driven by pockets of strength in telecoms and technology, while select financial and industrial names experienced modest declines. Trading volume and breadth indicated a balanced but slightly negative distribution of individual stock moves despite the index's record close.
Investors tracking individual names will note the large percentage moves in several components of the OMX Helsinki 25, and commodity and currency movements that accompanied the equity gains during the session.