Stock Markets June 12, 2026 12:00 PM

Helsinki Stocks Climb as OMX Helsinki 25 Advances 1.53%

Telecoms, financials and consumer services push the index higher while energy names lag and commodity prices move sharply

By Hana Yamamoto
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Finnish equities closed higher on Friday with the OMX Helsinki 25 rising 1.53% as gains in telecoms, financials and consumer services lifted the market. Nokia led individual winners with a double-digit jump, SSAB AB B reached all-time highs, and several energy-related names fell. Oil prices slipped while gold strengthened and major FX pairs were largely unchanged.

Helsinki Stocks Climb as OMX Helsinki 25 Advances 1.53%
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Key Points

  • OMX Helsinki 25 closed up 1.53% as telecoms, financials and consumer services led gains.
  • Nokia surged 10.06% to 12.97 and SSAB AB B climbed 3.88% to reach all-time highs; Nokian Renkaat also posted a strong gain.
  • Energy sector names underperformed with Neste down 4.67% to 27.74 and Fortum down 1.74% to 20.35; commodities showed Brent and U.S. crude falling while gold rose.

Stocks listed in Helsinki finished the trading day higher on Friday, paced by advances in the Telecoms, Financials and Consumer Services sectors. The OMX Helsinki 25 closed up 1.53%.

Among constituents, Nokia Oyj (HE:NOKIA) was the session’s strongest performer, climbing 10.06% - an increase of 1.18 points - to finish at 12.97. Nokian Renkaat Oyj (HE:TYRES) also registered a notable gain, adding 4.20% or 0.47 points to close at 11.65. SSAB AB B (HE:SSABBH) rose 3.88% or 0.35 points to end the session at 9.26; the stock was reported to have reached all-time highs during the rally.

In contrast, several energy-related names weighed on the market. Neste Oyj (HE:NESTE) declined 4.67% - a drop of 1.36 points - to finish at 27.74. Fortum Oyj (HE:FORTUM) slipped 1.74% or 0.36 points to close at 20.35. Orion Oyj B (HE:ORNBV) recorded a modest decline of 0.65% or 0.45 points, ending the day at 68.35.

Market breadth in Helsinki favored gainers: 111 stocks advanced, 57 fell and 22 were unchanged.


Commodity markets showed mixed moves during the session. Brent oil for August delivery fell 3.82% (-3.45) to $86.93 a barrel. U.S. crude for July delivery dropped 3.74% (-3.28) to $84.43 a barrel. By contrast, the August Gold Futures contract rose 2.87%, gaining 118.01 to trade at $4,232.01 a troy ounce.

In currency trading, EUR/USD was effectively flat, changing by 0.04% to 1.16, while EUR/GBP was unchanged at 0.86. The US Dollar Index Futures moved slightly lower, down 0.09% at 99.75.


The day’s price action highlighted divergent performance across sectors. Telecoms and industrials produced some of the largest individual winners, while energy-related names underperformed amid a notable drop in global oil benchmarks. Materials also registered strength with SSAB AB B pushing to new highs.

Investors seeking to parse the session will find distinct winners and losers across the index rather than a uniform market move. The uptick in the OMX Helsinki 25 was driven by concentrated gains in a subset of large-cap names, while several energy and utility stocks ended the session lower.

Risks

  • Sharp single-stock moves, such as Nokia’s 10.06% rise and Neste’s 4.67% fall, underline potential volatility for sector-specific portfolios - notably telecoms, materials and energy.
  • A notable decline in oil benchmarks (Brent and U.S. crude down) poses uncertainty for energy and utility companies that appear sensitive to commodity price swings.
  • Mixed signals across markets - stronger precious metals but weaker oil and a slightly softer dollar - could contribute to near-term market unpredictability for exporters and commodity-linked sectors.

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