The Helsinki stock market finished the trading day in positive territory on Wednesday, with sector strength in Telecoms, Technology and Financials pushing the main index higher.
At the close, the OMX Helsinki 25 had gained 1.43%.
Top and bottom movers
- Nokia Oyj (HE:NOKIA) led the index, rising 4.71% or 0.32 points to close at 7.03; the company reached a five-year high in the session.
- Outokumpu Oyj (HE:OUT1V) added 4.16% or 0.22 points to finish at 5.39.
- SSAB AB B (HE:SSABBH) increased 4.04% or 0.28 points to end the day at 7.10.
- Neste Oyj (HE:NESTE) was the weakest performer on the index, slipping 1.19% or 0.27 points to close at 22.44.
- Metso Oyj (HE:METSO) declined 0.42% or 0.07 points to finish at 16.60.
- Kojamo (HE:KOJAMO) fell 0.32% or 0.03 points to end at 9.43.
Broader market breadth was positive: rising stocks outnumbered decliners by 145 to 34, while 12 issues finished unchanged on the Helsinki Stock Exchange.
Commodities and currencies
In commodity markets, Brent oil for May delivery was down 0.31% or 0.25 to $81.15 a barrel. U.S. crude for April delivery fell 0.51% or 0.38 to $74.18 a barrel. The April Gold Futures contract gained 0.71% or 36.34 to trade at $5,160.04 a troy ounce.
On the foreign exchange front, EUR/USD was effectively unchanged, moving 0.22% to 1.16, while EUR/GBP was unchanged 0.17% to 0.87. The US Dollar Index Futures traded down 0.24% at 98.77.
Implications and context
The session's gains were concentrated in technology-related and telecom names, with Nokia's rally notable for pushing the stock to a five-year high. Metals and industrials also saw select strength, while energy-related names such as Neste were among the session's laggards. Overall market participation favored advancing issues.
Summary takeaways
- OMX Helsinki 25 rose 1.43% at the close.
- Nokia reached a five-year peak, closing at 7.03 after a 4.71% gain.
- Commodity and FX benchmarks posted modest shifts, with Brent at $81.15 and EUR/USD near 1.16.