Stock Markets July 9, 2026 12:00 PM

Helsinki Stocks Close Higher as Telecoms, Oil & Gas and Tech Lift OMX Helsinki 25

OMX Helsinki 25 rises 1.83% with Nokia leading gains while select industrials lag

By Jordan Park
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Finnish equities finished higher on Thursday, driven by strength in the Telecoms, Oil & Gas and Technology sectors. The benchmark OMX Helsinki 25 rose 1.83% at the close, with Nokia posting the session's largest advance. A greater number of issues advanced than declined, while commodity and currency markets moved unevenly.

Helsinki Stocks Close Higher as Telecoms, Oil & Gas and Tech Lift OMX Helsinki 25
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Key Points

  • The OMX Helsinki 25 closed up 1.83%, driven by gains in Telecoms, Oil & Gas and Technology sectors.
  • Nokia led the index, rising 9.89% to 11.23; Qt Group and Neste also posted notable gains.
  • KONE, Outokumpu and Kesko were among the session’s laggards; advancing stocks outnumbered decliners 110 to 55.

Finnish equities ended Thursday's session in positive territory, with sector gains in Telecoms, Oil & Gas and Technology underpinning a broad advance across the market.

The OMX Helsinki 25 closed up 1.83% in Helsinki.

Top performers

The top-performing stock on the OMX Helsinki 25 was Nokia Oyj (HE:NOKIA), which climbed 9.89% - a rise of 1.01 points - to finish at 11.23. Following Nokia, Qt Group Oyj (HE:QTCOM) gained 2.79% or 0.64 points to end the day at 23.54. Neste Oyj (HE:NESTE) also contributed to the advance, rising 2.32% or 0.66 points to close at 29.10.

Lagging issues

On the downside, KONE Oyj (HE:KNEBV) was the weakest member of the index, falling 1.16% or 0.58 points to trade at 49.39 at the close. Outokumpu Oyj (HE:OUT1V) slipped 0.98% or 0.05 points to 5.03, while Kesko Oyj (HE:KESKOB) declined 0.31% or 0.06 points to finish at 19.20.

Advancing issues outnumbered decliners on the Helsinki Stock Exchange by 110 to 55, with 27 stocks finishing unchanged.


Commodities and currencies

In commodities trading, Brent oil for September delivery was down 1.85% or 1.44 to $76.58 a barrel. U.S. crude for August delivery fell 1.90% or 1.40 to $72.12 a barrel. Precious metals moved in the opposite direction, with the August Gold Futures contract rising 1.34% or 54.75 to trade at $4,137.15 a troy ounce.

On the FX front, EUR/USD was unchanged 0.20% to 1.14, while EUR/GBP was unchanged 0.02% to 0.85. The US Dollar Index Futures was down 0.09% at 100.67.


Market context and takeaways

The session’s breadth favored advancers, led by notable gains in telecoms and technology names and measured strength among energy-related securities. At the same time, selected industrial and consumer-focused stocks posted modest losses.

Investors watching commodities saw contrasting moves: oil futures retreated while gold futures advanced, and currency pairs were largely stable within narrow ranges.

This mix of sectoral performance and commodity movement shaped the overall positive finish for Helsinki equities on the day.

Risks

  • Commodity price volatility - Brent and U.S. crude both fell, which can pressure energy-related segments and broader market sentiment.
  • Stock-specific weakness - losses in selected industrial and consumer names such as KONE, Outokumpu and Kesko could temper gains in the broader index.
  • Currency and FX movements - while EUR/USD and EUR/GBP were largely unchanged, small shifts in the US Dollar Index Futures and currency pairs may affect exporters and importers.

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