Finland's stock market ended Thursday's session in negative territory, with losses concentrated in Telecoms, Oil & Gas and Utilities, according to closing figures from the Helsinki exchange. The OMX Helsinki 25 finished the day down 2.03%.
Among individual movers on the OMX Helsinki 25, Hiab Oyj (HE:HIAB) recorded the strongest advance, gaining 3.04% or 1.55 points to close at 52.55. Qt Group Oyj (HE:QTCOM) also posted gains, adding 2.29% or 0.46 points to finish at 20.54. Lumo Kodit Oyj (HE:LUMO) rose 1.20% or 0.09 points to end the session at 7.61.
On the downside, Nokia Oyj (HE:NOKIA) experienced the largest loss among the index constituents, sliding 7.05% or 0.80 points to a close of 10.55. Neste Oyj (HE:NESTE) declined 2.67% or 0.75 points to finish at 27.29, while Konecranes ABP (HE:KCRA) ended down 2.35% or 0.66 points at 27.46.
Market breadth on the Helsinki exchange favored decliners: 101 stocks fell versus 67 that advanced, and 22 issues closed unchanged.
Commodity markets were mixed during the session. Brent crude for July delivery slipped 2.10% or 2.13, trading at 99.14 dollars a barrel. US crude for June delivery fell 1.86% or 1.77 to 93.31 dollars a barrel. Gold futures for June moved higher, rising 0.94% or 44.36 to trade at 4,738.66 dollars per troy ounce.
Foreign exchange rates showed limited movement. The euro-dollar rate, EUR/USD, was unchanged at 1.18, reflecting a 0.14% notation in the data. EUR/GBP was effectively unchanged, noted as 0.86 with a 0.05% movement. The US Dollar Index Futures was recorded down 0.06% at 97.82.
Session snapshot (selected names and indicators):
- OMX Helsinki 25 -2.03%
- Hiab Oyj (HE:HIAB) +3.04% to 52.55
- Qt Group Oyj (HE:QTCOM) +2.29% to 20.54
- Lumo Kodit Oyj (HE:LUMO) +1.20% to 7.61
- Nokia Oyj (HE:NOKIA) -7.05% to 10.55
- Neste Oyj (HE:NESTE) -2.67% to 27.29
- Konecranes ABP (HE:KCRA) -2.35% to 27.46
- Brent (July) -2.10% to $99.14/bbl
- US crude (June) -1.86% to $93.31/bbl
- Gold (June futures) +0.94% to $4,738.66/oz
- US Dollar Index Futures -0.06% at 97.82
The market moved with clear disparities across sectors and securities. While selected industrial and software-related names posted gains, large-cap telecom and energy names registered meaningful declines that weighed on the benchmark. Overall, the session closed with more losers than winners and muted foreign exchange shifts accompanying the commodity price changes.