Stock Markets May 11, 2026 12:00 PM

Helsinki market edges up as OMX Helsinki 25 gains 0.69%

Oil & Gas, Telecoms and Consumer Services lead sector gains amid mixed breadth and rising commodity prices

By Hana Yamamoto

Finnish equities closed higher on Monday, with the OMX Helsinki 25 rising 0.69% driven by advances in Oil & Gas, Telecoms and Consumer Services. Neste, Nokia and Lumo Kodit were the session's top performers, while Outokumpu, Orion B and Nokian Renkaat lagged. Market breadth favored declines and commodity prices, including Brent crude and June crude futures, moved notably higher.

Helsinki market edges up as OMX Helsinki 25 gains 0.69%

Key Points

  • OMX Helsinki 25 closed up 0.69% led by Oil & Gas, Telecoms and Consumer Services sectors.
  • Top gainers: Neste (+4.39%), Nokia (+3.88%), Lumo Kodit (+1.55%); top decliners: Outokumpu (-2.25%), Orion B (-1.97%), Nokian Renkaat (-1.57%).
  • Commodity prices advanced: Brent July +2.73% to $104.06/bbl; June crude +2.64% to $97.94/bbl; June gold futures +0.23% to $4,741.49/oz.

Finland stocks were higher after the close on Monday, as gains in the Oil & Gas, Telecoms and Consumer Services sectors led shares higher.

At the close in Helsinki, the OMX Helsinki 25 gained 0.69%.

The strongest performers on the OMX Helsinki 25 included Neste Oyj (HE:NESTE), which climbed 4.39% or 1.20 points to finish at 28.55. Nokia Oyj (HE:NOKIA) added 3.88% or 0.43 points to end the session at 11.37, and Lumo Kodit Oyj (HE:LUMO) rose 1.55% or 0.12 points to 7.52 in late trade.

On the downside, Outokumpu Oyj (HE:OUT1V) was the weakest performer, falling 2.25% or 0.13 points to close at 5.64. Orion Oyj B (HE:ORNBV) declined 1.97% or 1.35 points to end at 67.20, and Nokian Renkaat Oyj (HE:TYRES) slipped 1.57% or 0.17 points to 10.69.

Market breadth on the Helsinki Stock Exchange was tilted toward losers, with 102 falling issues versus 68 advancing and 18 unchanged.

Commodities showed marked moves during the session. Brent oil for July delivery rose 2.73% or 2.77 to trade at $104.06 a barrel. Elsewhere, crude oil for June delivery increased 2.64% or 2.52 to reach $97.94 a barrel, while the June Gold Futures contract ticked up 0.23% or 10.79 to trade at $4,741.49 a troy ounce.

In foreign exchange markets, EUR/USD was effectively unchanged, moving 0.05% to 1.18, and EUR/GBP showed a 0.16% change to 0.86. The US Dollar Index Futures was marginally lower, down 0.02% at 97.76.


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Risks

  • Market breadth skewed toward declines with 102 falling stocks versus 68 advancing, indicating uneven participation - impacts broad Finnish equity market.
  • Notable rises in oil futures (Brent and June crude) introduce commodity-driven volatility that can affect energy-related and input-cost-sensitive sectors.
  • Company-specific declines among industrials and materials names such as Outokumpu, Orion B and Nokian Renkaat point to idiosyncratic downside risks within those sectors.

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