Stock Markets April 24, 2026 12:00 PM

Helsinki Market Closes Lower as Materials, Healthcare and Utilities Pull Index Down

OMX Helsinki 25 finishes the session down 1.37% with mixed individual stock performances and notable commodity moves

By Ajmal Hussain
Helsinki Market Closes Lower as Materials, Healthcare and Utilities Pull Index Down

Finland's main stock gauge, the OMX Helsinki 25, ended the trading session down 1.37%, driven by declines in Basic Materials, Healthcare and Utilities. Market breadth was negative, with more than twice as many decliners as advancers. Hiab led gains on the index while Kemira plunged to a 52-week low. Energy and precious metals contracts moved in opposite directions, and major currency pairs showed little change at the close.

Key Points

  • The OMX Helsinki 25 fell 1.37% at the close, led by losses in Basic Materials, Healthcare and Utilities.
  • Hiab (HE:HIAB) was the session's top gainer, up 9.18%, while Kemira (HE:KEMIRA) was the biggest loser, down 7.62% and hitting a 52-week low.
  • Commodities diverged: Brent and U.S. crude fell, while June gold futures rose; major FX pairs showed little movement.

Market overview

Finland's equity market closed lower on Friday, with the OMX Helsinki 25 retreating 1.37% by the end of trading in Helsinki. Losses were concentrated in Basic Materials, Healthcare and Utilities, which collectively weighed on the benchmark's performance.


Index movers

The session's strongest performer on the OMX Helsinki 25 was Hiab Oyj (HE:HIAB), which climbed 9.18% or 4.16 points to finish at 49.48. Neste Oyj (HE:NESTE) added 2.62% or 0.68 points to close at 26.60, while Elisa Oyj (HE:ELISA) gained 1.12% or 0.46 points to end the day at 41.56.

On the downside, Kemira Oyj (HE:KEMIRA) was the weakest name, sliding 7.62% or 1.46 points to close at 17.70. Stora Enso Oyj R (HE:STERV) fell 5.50% or 0.56 points to 9.67, and UPM-Kymmene Oyj (HE:UPM) declined 5.48% or 1.45 points to 25.01. Notably, shares of Kemira fell to 52-week lows during the session.


Breadth and participation

The Helsinki Stock Exchange saw falling issues outnumber advancing ones by 115 to 64, while 10 stocks finished unchanged, signaling a broad market tilt toward declines at the close.


Commodities and currencies

Commodity prices showed mixed moves. Brent oil for June delivery was down 0.47% or 0.49 to $104.58 a barrel, while U.S. crude for June delivery fell 2.38% or 2.28 to $93.57 a barrel. The June gold futures contract rose 0.42% or 19.64 to trade at $4,743.64 a troy ounce.

In foreign exchange, EUR/USD was unchanged 0.30% to 1.17, and EUR/GBP was unchanged 0.02% to 0.87. The US Dollar Index Futures was down 0.24% at 98.37.


Takeaway

The session closed with a clear negative bias: sector-level weakness in Basic Materials, Healthcare and Utilities coincided with broader market declines in Helsinki. Individual stock moves were pronounced, with several index components recording multi-percent swings in either direction and one reaching a yearlow. Commodities and currency pairs provided additional context for market sentiment, showing both downward pressure in crude and modest strength in gold.

Risks

  • Sector-specific weakness in Basic Materials, Healthcare and Utilities may continue to exert downward pressure on the OMX Helsinki 25 - this impacts companies across those sectors.
  • Market breadth showed a substantial skew toward decliners (115 down vs. 64 up), indicating potential near-term downside risk for the broader Helsinki market - this affects overall market sentiment.
  • Significant declines in individual names, such as Kemira reaching a 52-week low, underscore firm-specific downside risk within Basic Materials and related supply-chain-sensitive industries.

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