Finland's stock market closed in negative territory on Monday, with losses concentrated in Telecoms, Utilities and Healthcare stocks contributing to the overall decline.
Benchmark performance - At the close in Helsinki the OMX Helsinki 25 fell 0.22%.
Top performers - Among the components of the OMX Helsinki 25, Nokian Renkaat Oyj (HE:TYRES) led gains, rising 1.99% or 0.22 points to finish at 11.25. Outokumpu Oyj (HE:OUT1V) added 1.92% or 0.12 points to end the session at 6.11, while Neste Oyj (HE:NESTE) was up 1.57% or 0.45 points to close at 29.08.
Lagging names - On the downside, Metso Oyj (HE:METSO) fell 1.63% or 0.26 points to trade at 15.70 at the close. Qt Group Oyj (HE:QTCOM) declined 1.36% or 0.38 points to finish at 27.52, and Nokia Oyj (HE:NOKIA) lost 1.30% or 0.17 points to close at 12.91.
Market breadth on the Helsinki Stock Exchange showed more falling issues than rising ones: 98 stocks declined compared with 68 that advanced, while 22 ended the day unchanged.
Commodities and currencies - In commodity markets, Brent oil for August delivery rose 1.79% or 1.67 to $94.76 a barrel. Elsewhere, crude oil for July delivery climbed 1.19% or 1.08 to $91.62 a barrel, and the August Gold Futures contract inched up 0.01% or 0.54 to trade at $4,365.84 a troy ounce.
On the foreign exchange front, EUR/USD was unchanged 0.20% to 1.15, while EUR/GBP was unchanged 0.16% to 0.87. The US Dollar Index Futures was down 0.13% at 99.92.
Session snapshot
- NESTE +1.57%
- METSO -1.63%
- TYRES +1.99%
- NOKIA -1.3%
- OUT1V +1.92%
- GC +0.08%
- LCO +1.48%
- CL +0.86%
- OMXH25 -0.22%
- QTCOM -1.36%
The session mixed modest advances among select industrial and energy names with broader weakness led by Telecoms, Utilities and Healthcare sectors. Commodities registered gains, led by crude benchmarks and a small uptick in gold, while major currency pairs moved little and the US Dollar Index Futures eased.