Finland's stock market ended Tuesday's session in negative territory, with the OMX Helsinki 25 retreating 1.73% at the close in Helsinki. The market's downturn was driven by sector losses in Telecoms, Oil & Gas and Technology.
Among the components of the OMX Helsinki 25, Orion Oyj B (HE:ORNBV) was the session's strongest performer, rising 0.72% - a gain of 0.50 points - to finish at 69.75. Sampo Oyj A (HE:SAMPO) added 0.47% or 0.04 points to close at 8.93, and Kesko Oyj (HE:KESKOB) advanced 0.38% or 0.08 points to settle at 21.22.
On the downside, Nokia Oyj (HE:NOKIA) recorded the largest decline among the headline stocks, sliding 6.99% or 0.90 points to end the day at 11.97. Qt Group Oyj (HE:QTCOM) fell 5.62% or 1.56 points to 26.18 and Neste Oyj (HE:NESTE) lost 3.88% or 1.13 points to close at 27.97.
Market breadth was tilted heavily toward the downside: 126 issues fell versus 45 that rose, while 19 stocks finished unchanged on the Helsinki Stock Exchange.
Commodity markets showed significant moves during the session. Brent oil for August delivery declined 4.35% or 4.10 to trade at $90.15 a barrel. US crude for July delivery dipped 5.04% or 4.60 to $86.70 a barrel. Precious metals also softened, with the August Gold Futures contract down 1.53% or 66.85 to $4,296.55 a troy ounce.
Currency and index movement was limited but noted: EUR/USD was unchanged 0.16% to 1.16, while EUR/GBP was unchanged 0.17% to 0.86. The US Dollar Index Futures was down 0.17% at 99.86.
Summary of closing moves:
- OMX Helsinki 25 -1.73% at close
- Top gainers: ORNBV +0.72% (69.75), SAMPO +0.47% (8.93), KESKOB +0.38% (21.22)
- Largest decliners: NOKIA -6.99% (11.97), QTCOM -5.62% (26.18), NESTE -3.88% (27.97)
- Commodity moves: Brent -4.35% ($90.15), Crude -5.04% ($86.70), Gold -1.53% ($4,296.55)
- Market breadth: 126 decliners, 45 advancers, 19 unchanged
This session's results present a snapshot of market performance without implying causal relationships beyond the recorded sector losses and price moves reported above.