Stock Markets April 28, 2026 12:00 PM

Helsinki Shares Slip as OMX Helsinki 25 Ends Day Down Nearly 1%

Industrial, materials and healthcare declines weigh on the benchmark; select energy and telecom names buck the trend

By Leila Farooq
Helsinki Shares Slip as OMX Helsinki 25 Ends Day Down Nearly 1%

The OMX Helsinki 25 finished lower on Tuesday, falling 0.95% as losses in Industrials, Basic Materials and Healthcare pressured the market. Neste, Fortum and Nokia were among the session's gainers while Valmet, Wartsila and Stora Enso posted the largest declines. Market breadth favored decliners, and commodities and currency markets moved alongside the equity action.

Key Points

  • OMX Helsinki 25 closed down 0.95% as losses in Industrials, Basic Materials and Healthcare dragged the market lower.
  • Top performers included Neste (HE:NESTE), Fortum (HE:FORTUM) and Nokia (HE:NOKIA); largest declines were at Valmet (HE:VALMT), Wartsila (HE:WRT1V) and Stora Enso (HE:STERV).
  • Market breadth favored decliners with 118 falling, 52 advancing and 20 unchanged; notable price moves included Valmet at 52-week lows and Nokia at five-year highs.

Finland's benchmark index closed lower on Tuesday, with the OMX Helsinki 25 shedding 0.95% by the end of trading in Helsinki. Broad weakness in the Industrials, Basic Materials and Healthcare sectors was the main driver behind the slide.

Among the index constituents, Neste Oyj (HE:NESTE) led the winners, advancing 3.36% or 0.90 points to finish at 27.69. Fortum Oyj (HE:FORTUM) also posted gains, rising 1.71% or 0.37 points to close at 22.02. Nokia Oyj (HE:NOKIA) climbed 1.44% or 0.13 points to end the session at 9.41.

On the downside, Valmet Oyj (HE:VALMT) recorded the steepest drop, falling 8.53% or 2.06 points to close at 22.08. Wartsila Oyj Abp (HE:WRT1V) declined 6.02% or 2.30 points to finish at 35.91, while Stora Enso Oyj R (HE:STERV) was down 3.39% or 0.33 points to 9.30 at the close.

Market breadth on the Helsinki Stock Exchange was tilted toward declines, with 118 stocks falling and 52 advancing. An additional 20 issues ended the day unchanged.

There were notable price milestones during the session. Shares of Valmet reached 52-week lows, with the stock down 8.53% to 22.08. Conversely, Nokia shares rose to five-year highs, gaining 1.44% to trade at 9.41.

In commodity markets, Brent oil for July delivery rose 2.40% or 2.44 to $104.13 a barrel. U.S. crude for June delivery increased 3.56% or 3.43 to $99.80 a barrel. June gold futures moved lower, falling 1.99% or 93.39 to trade at $4,600.31 a troy ounce.

Currency and dollar measures were mixed. The euro versus the U.S. dollar (EUR/USD) was essentially unchanged, moving 0.09% to 1.17, while the euro versus the British pound (EUR/GBP) was likewise little changed at 0.87, up 0.12%. The U.S. Dollar Index Futures was higher, up 0.13% at 98.45.

The trading day closed with the headline index lower and sector-level weakness concentrated in Industrials, Basic Materials and Healthcare, while selected energy and telecom names delivered gains.

Risks

  • Sector concentration - Continued weakness in Industrials, Basic Materials and Healthcare could weigh further on the index and the companies within those sectors.
  • Commodity price volatility - Moves in crude oil and Brent, which rose during the session, can influence energy-related companies and broader market sentiment.
  • Exchange rate and dollar strength - Fluctuations in EUR/USD and strength in the U.S. Dollar Index Futures may affect exporters and companies with currency-sensitive revenues.

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