Stocks on the Helsinki exchange closed higher on Wednesday, with the OMX Helsinki 25 index finishing the session up 1.02% as gains concentrated in Telecoms, Consumer Services and Industrials lifted the market.
At the close in Helsinki the OMX Helsinki 25 had added 1.02%.
The strongest performers within the OMX Helsinki 25 were Nokia Oyj (HE:NOKIA), which climbed 7.13% or 0.79 points to finish at 11.88; Qt Group Oyj (HE:QTCOM), which advanced 7.07% or 1.37 points to end at 20.76; and Wartsila Oyj Abp (HE:WRT1V), which rose 5.01% or 1.72 points to 36.08 in late trade.
On the downside, Mandatum Oyj (HE:MANTA) was the weakest showing, falling 13.27% or 0.87 points to close at 5.66. Neste Oyj (HE:NESTE) declined 1.28% or 0.37 points to 28.52, while Lumo Kodit Oyj (HE:LUMO) slipped 0.88% or 0.07 points to end the day at 7.32.
Decliners outnumbered advancers on the Helsinki Stock Exchange, with 88 stocks falling compared with 77 risers, and 22 issues finishing unchanged.
The session included a pair of notable multi-year moves in individual issues: shares of Nokia reached 5-year highs, rising to 11.88, while Lumo Kodit shares fell to 5-year lows at 7.32.
Commodities and currency
In commodities trading, Brent crude for July delivery was down 0.97% or 1.04 to $106.73 a barrel. U.S. crude for June delivery was slightly higher, up 0.08% or 0.08 to $102.26 a barrel. The June Gold Futures contract gained 0.35% or 16.39 to trade at $4,703.09 a troy ounce.
Currency moves were modest: EUR/USD was quoted at 1.17 with an unchanged move of 0.24%, and EUR/GBP was reported at 0.87 with an unchanged move of 0.06%. The US Dollar Index Futures climbed 0.22% to 98.39.
Market context and implications
The session’s leaders were concentrated in technology and industrial names within the OMX Helsinki 25, while financial-related and property names showed weakness among the day’s laggards. Market breadth, with a greater number of decliners than advancers, suggests stock-specific factors impacted several weaker names even as the index moved higher.
No additional corporate announcements, macroeconomic data or other external catalysts were provided in the session summary; the movements noted reflect end-of-day prices and percentage changes across equities, commodities and selected currency pairs.