Stock Markets January 30, 2026

Helsinki Benchmark Inches Lower as Materials, Industrials and Healthcare Weigh

OMX Helsinki 25 slips 0.07% at Friday close amid mixed sector moves and modest commodity and FX fluctuations

By Avery Klein
Helsinki Benchmark Inches Lower as Materials, Industrials and Healthcare Weigh

Finland's benchmark index closed marginally lower on Friday, dragged by declines in Basic Materials, Industrials and Healthcare. The OMX Helsinki 25 ended the session down 0.07%, with Nokia leading gains while Stora Enso, Kojamo and Metso were among the biggest decliners. Market breadth favored falling issues over advancers, and the session featured small moves in oil, gold and currency markets.

Key Points

  • OMX Helsinki 25 closed down 0.07%, led lower by Basic Materials, Industrials and Healthcare sectors.
  • Nokia (HE:NOKIA), SSAB AB B (HE:SSABBH) and TietoEVRY (HE:TIETO) were the session's strongest performers; Stora Enso (HE:STERV), Kojamo (HE:KOJAMO) and Metso (HE:METSO) were the largest decliners.
  • Commodities and FX saw modest moves: Brent and crude rose slightly, April gold futures fell sharply, EUR/USD weakened and the US Dollar Index Futures strengthened.

Finland's stock market finished slightly lower on Friday as retreating shares in Basic Materials, Industrials and Healthcare pressured the main benchmark. At the close in Helsinki, the OMX Helsinki 25 declined 0.07%.

Among index constituents, Nokia Oyj (HE:NOKIA) was the day's top performer, rising 6.20% or 0.32 points to close at 5.45. SSAB AB B (HE:SSABBH) and TietoEVRY Corp (HE:TIETO) also posted gains; SSAB AB B added 2.44% or 0.17 points to finish at 6.98, while TietoEVRY was up 1.55% or 0.28 points to 18.32 in late trade.

On the other side of the ledger, Stora Enso Oyj R (HE:STERV) recorded the largest loss among the group, falling 4.48% or 0.46 points to end the session at 9.76. Kojamo (HE:KOJAMO) declined 3.39% or 0.34 points to close at 9.55, and Metso Oyj (HE:METSO) slid 2.85% or 0.49 points to 16.56.

Market breadth on the Helsinki Stock Exchange showed more decliners than advancers: falling stocks outnumbered advancing ones by 90 to 72, while 28 issues finished unchanged.


Commodities saw modest movement during the session. Brent oil for April delivery rose 0.36% or 0.25 to $69.84 a barrel. International crude oil for March delivery increased 0.43% or 0.28 to $65.70 a barrel. In metals, the April Gold Futures contract registered a significant drop, falling 6.44% or 344.79 to trade at $5,010.01 a troy ounce.

Currency markets reflected modest swings. EUR/USD was down 0.70% to 1.19, while EUR/GBP was reported as unchanged 0.14% to 0.87. The US Dollar Index Futures moved higher, up 0.60% at 96.71.


Below are the session highlights and contextual details drawn directly from market moves and closing values.

  • Benchmark performance - OMX Helsinki 25 closed down 0.07%.
  • Top gainers - HE:NOKIA +6.20% (5.45), HE:SSABBH +2.44% (6.98), HE:TIETO +1.55% (18.32).
  • Largest decliners - HE:STERV -4.48% (9.76), HE:KOJAMO -3.39% (9.55), HE:METSO -2.85% (16.56).
  • Breadth - 90 decliners, 72 advancers, 28 unchanged.
  • Commodities and FX - Brent April $69.84, Crude March $65.70, Gold April $5,010.01; EUR/USD 1.19, EUR/GBP 0.87, USD Index Futures 96.71.

These closing figures provide a snapshot of market positioning at the end of the trading day, with small net weakness in the benchmark and mixed outcomes among key stocks and macro instruments.

Risks

  • Sector concentration risk - weakness in Basic Materials, Industrials and Healthcare contributed to the benchmark's decline, affecting related stocks and sector-focused portfolios.
  • Commodity price volatility - swings in oil and a notable drop in the April Gold Futures contract may introduce volatility for mining, energy and materials companies.
  • Currency fluctuations - moves in EUR/USD and a firmer US Dollar Index Futures can affect exporters and importers, influencing earnings translated into euros.

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