Finland's equity market finished the trading session in positive territory on Thursday, led by strength in the Telecoms, Industrials and Oil & Gas groups. At the close in Helsinki, the OMX Helsinki 25 rose 1.51% to record a new all-time high.
Top and bottom movers
The session's strongest performing stocks within the OMX Helsinki 25 included Nokian Renkaat Oyj (HE:TYRES), which climbed 9.61% or 0.92 points to end at 10.49. Wartsila Oyj Abp (HE:WRT1V) was up 6.99% or 2.59 points, finishing at 39.63, and Nokia Oyj (HE:NOKIA) advanced 6.35% or 0.54 points to close at 9.05.
On the downside, Orion Oyj B (HE:ORNBV) fell 5.18% or 3.80 points to trade at 69.55 at the close. Sampo Oyj A (HE:SAMPO) declined 2.79% or 0.26 points to finish at 9.07, and Kesko Oyj (HE:KESKOB) slipped 1.36% or 0.28 points to 20.28.
Market breadth on the Helsinki Stock Exchange showed an unusual reading: falling stocks outnumbered advancing ones by 84 to 84, and 22 issues ended unchanged.
Notable price milestones
Shares of Wartsila Oyj Abp (HE:WRT1V) reached an all-time high during the session, rising 6.99% or 2.59 to finish at 39.63. Nokia Oyj (HE:NOKIA) climbed to a five-year high, gaining 6.35% or 0.54 to close at 9.05.
Commodities and FX
In commodity markets, Brent oil for June delivery increased 1.65% or 1.68 to trade at $103.59 a barrel. U.S. crude for June delivery rose 1.58% or 1.47 to $94.43 a barrel. The June Gold Futures contract fell 0.31% or 14.59 to trade at $4,738.41 a troy ounce.
Foreign exchange moves were limited. EUR/USD was effectively unchanged, shifting 0.02% to 1.17, while EUR/GBP was unchanged, moving 0.05% to 0.87. The US Dollar Index Futures ticked up 0.05% to 98.46.
Summary
The OMX Helsinki 25 closed higher by 1.51%, marking a new all-time high for the benchmark. Strong performances from Nokian Renkaat, Wartsila and Nokia underpinned the advance, while Orion, Sampo and Kesko were among the laggards. Commodities saw gains for crude benchmarks, while gold eased and FX rates were largely flat.
Key points
- OMX Helsinki 25 rose 1.51% to a new record closing level.
- Telecoms, Industrials and Oil & Gas sectors led market gains; notable winners included Nokian Renkaat (up 9.61%), Wartsila (up 6.99%) and Nokia (up 6.35%).
- On the downside, Orion (down 5.18%), Sampo (down 2.79%) and Kesko (down 1.36%) were the weakest large-cap performers.
Risks / uncertainties
- Market breadth displayed an unusual reading, with falling stocks outnumbering advancing ones by 84 to 84 and 22 unchanged - this could signal uneven participation across sectors.
- Commodity price moves, including a rise in Brent and U.S. crude, introduce uncertainty for energy-exposed sectors and broader market sentiment.
- Significant single-stock moves, both positive and negative, increase volatility risk for portfolios concentrated in specific large caps.