Finland's main equity gauge ended Tuesday's session on an upbeat note, with the OMX Helsinki 25 rising 0.29% to close at a new all-time high. Sector strength in Telecoms, Consumer Services and Oil & Gas supported the advance across the Helsinki bourse.
On an individual basis, Nokia Oyj (HE:NOKIA) was the top performer on the OMX Helsinki 25, finishing the session up 5.36% or 0.70 points at 13.77. Outokumpu Oyj (HE:OUT1V) also posted robust gains, climbing 3.95% or 0.23 points to 6.06. Wartsila Oyj Abp (HE:WRT1V) rose 2.97% or 1.06 points to end the day at 36.81.
Not all large-cap names participated in the rally. Orion Oyj B (HE:ORNBV) was the weakest member of the index, falling 2.07% or 1.50 points to close at 71.00. Sampo Oyj A (HE:SAMPO) declined 1.46% or 0.14 points to 9.18, and Huhtamaki Oyj (HE:HUH1V) slipped 1.45% or 0.40 points to finish at 27.12.
Market breadth in Helsinki tilted toward declines: there were 96 falling stocks compared with 78 advancers, and 16 issues ended unchanged.
Two stocks reached notable multi-year highs during the session. Nokia's shares climbed to five-year highs as they gained 5.36% to 13.77, while Outokumpu advanced to three-year highs after its 3.95% rise to 6.06.
Commodities trading showed mixed signals. Brent crude for August delivery rose 4.02% or 3.76 to $97.18 a barrel. By contrast, US crude for July delivery fell 2.81% or 2.71 to $93.89 a barrel. Precious metals eased, with the August Gold Futures contract down 0.37% or 16.85 to trade at $4,539.55 a troy ounce.
Currency markets were subdued in the session. EUR/USD was unchanged 0.21% to 1.16, while EUR/GBP unchanged 0.32% to 0.86. The US Dollar Index Futures was marginally lower, down 0.02% at 99.17.
Market takeaway: The Helsinki benchmark extended gains and reached a record closing level, helped by a select group of heavyweight risers in telecoms and metals. However, the number of declining stocks outpaced advancers and several large-cap names moved lower, reflecting uneven participation beneath the headline index move.