Stock Markets June 18, 2026 12:00 PM

Helsinki Stocks Retreat; OMX Helsinki 25 Falls 1.35% to One-Month Low

Technology, utilities and basic materials drag the benchmark lower as commodities and gold tumble and the dollar strengthens

By Ajmal Hussain
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Stocks in Finland closed lower on Thursday as selling pressure in Technology, Utilities and Basic Materials weighed on the OMX Helsinki 25, which ended the session down 1.35% at a new one-month low. Market breadth was negative, with more than twice as many decliners as advancers. Commodity markets also moved lower, with Brent, WTI crude and August gold futures all posting declines while the US dollar futures rose.

Helsinki Stocks Retreat; OMX Helsinki 25 Falls 1.35% to One-Month Low
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Key Points

  • OMX Helsinki 25 closed down 1.35%, hitting a one-month low, driven by losses in Technology, Utilities and Basic Materials sectors.
  • Top gainers included Nokian Renkaat (TYRES), Huhtamaki (HUH1V) and Elisa (ELISA); biggest decliners were TietoEVRY (TIETO), SSAB AB B (SSABBH) and Outokumpu (OUT1V).
  • Commodities and currencies moved lower or stronger respectively: Brent, US crude and August gold futures fell while US Dollar Index Futures rose.

Finnish equities finished the trading day weaker on Thursday, with the OMX Helsinki 25 slipping 1.35% to register a fresh one-month low at the close in Helsinki. Losses were concentrated in the Technology, Utilities and Basic Materials sectors, which contributed to the index decline.

Top and bottom movers

Among the index constituents, Nokian Renkaat Oyj (HE:TYRES) was the session's top performer, edging up 0.56% - a gain of 0.07 points - to finish at 12.48. Huhtamaki Oyj (HE:HUH1V) added 0.37% or 0.10 points to end at 27.14, while Elisa Oyj (HE:ELISA) rose 0.32% or 0.12 points to close at 38.00.

On the downside, TietoEVRY Corp (HE:TIETO) posted the steepest slide, falling 6.99% or 1.42 points to close at 18.90. SSAB AB B (HE:SSABBH) dropped 5.14% or 0.47 points to 8.60, and Outokumpu Oyj (HE:OUT1V) declined 3.06% or 0.18 points to finish at 5.70.

Market breadth

Decliners substantially outnumbered advancers on the Helsinki exchange, with 117 stocks down, 54 advancing and 20 ending unchanged. The imbalance underscored the broad-based selling that pushed the headline index lower.

Commodities and currencies

Commodities traded lower alongside equities. Brent oil for August delivery fell 2.40% - down $1.91 - to $77.64 a barrel. US crude for July delivery slipped 2.70% or $2.07 to $74.72 a barrel. The August Gold Futures contract declined 3.08% or 134.95 to trade at $4,246.45 a troy ounce.

In foreign exchange, EUR/USD was quoted at 1.15, described as unchanged 0.28% in the session, while EUR/GBP was unchanged 0.17% to 0.87. The US Dollar Index Futures gained 0.65% to trade at 100.51, indicating a stronger dollar in futures markets.


Overall, the trading day was marked by broad declines across key sectors and falls in major commodities, while dollar strength was visible in futures trading. The mix of sector-specific weakness and softer commodity prices coincided with the market's move to a one-month low for the OMX Helsinki 25.

Risks

  • Sector concentration risk - Technology, Utilities and Basic Materials showed notable weakness, which can amplify index declines if selling persists.
  • Commodity price volatility - Declines in Brent, US crude and gold could pressure companies tied to raw materials and mining sectors.
  • Currency movement risk - A stronger US dollar, as indicated by a 0.65% rise in Dollar Index Futures, may influence exporters and import-sensitive firms.

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