Stocks listed in Finland ended Tuesday's session higher, driven by advances in Consumer Services, Basic Materials and Industrials. The benchmark OMX Helsinki 25 finished the day up 0.28%, closing at a record level.
Among the top performers on the OMX Helsinki 25, Kemira Oyj (HE:KEMIRA) led gains, finishing 3.82% higher, an increase of 0.75 points to a closing price of 20.36. Nokian Renkaat Oyj (HE:TYRES) added 3.70%, rising 0.39 points to 10.94. Metso Oyj (HE:METSO) also posted a strong advance, climbing 3.31% or 0.57 points to settle at 17.64 in late trade.
On the downside, Mandatum Oyj (HE:MANTA) recorded the largest single-stock decline on the exchange, falling 8.51% or 0.62 points to close at 6.69. TietoEVRY Corp (HE:TIETO) slipped 4.18%, a loss of 0.79 points to end the session at 18.12. Nokia Oyj (HE:NOKIA) was down 1.18%, losing 0.08 points to finish at 6.34.
Market breadth on the Helsinki Stock Exchange showed more sellers than buyers: 97 shares declined versus 81 gainers, while 11 stocks finished unchanged.
Separately, shares of Metso Oyj (HE:METSO) reached a five-year high during the session as the stock moved up 3.31%, adding 0.57 to reach 17.64.
Commodities and currency markets were mixed. Brent crude for May delivery was down 0.39%, a drop of 0.28 to $70.83 a barrel. U.S. crude for April delivery fell 0.48% or 0.32 to $65.99 a barrel. April Gold Futures declined 1.26%, a fall of 65.61 to trade at 5,159.99 a troy ounce.
In foreign exchange trading, the euro versus the U.S. dollar was essentially unchanged, moving 0.03% to 1.18. EUR/GBP was unchanged at 0.87, a 0.29% move. The U.S. Dollar Index Futures was up 0.05% at 97.69.
Separately, a market product summary included performance claims for discretionary portfolios: it noted that year to date two out of three global portfolios were beating their benchmark indexes, with 88% of portfolios in the green. The summary also stated that the flagship Tech Titans strategy doubled the S&P 500 within 18 months and cited Super Micro Computer and AppLovin as notable winners, up 185% and 157% respectively.
Summary
Finnish equities closed higher, with the OMX Helsinki 25 reaching a new all-time high on modest sector leadership from Consumer Services, Basic Materials and Industrials. Individual movers included strong gains in Kemira, Nokian Renkaat and Metso, and steep declines in Mandatum and TietoEVRY. Commodities and FX showed modest moves during the session.
Key points
- OMX Helsinki 25 increased 0.28% to a record close, supported by gains in Consumer Services, Basic Materials and Industrials.
- Top individual gains: Kemira (+3.82%), Nokian Renkaat (+3.70%), Metso (+3.31%).
- Largest declines: Mandatum (-8.51%), TietoEVRY (-4.18%), Nokia (-1.18%).
Risks and uncertainties
- Market breadth showed more decliners than advancers - a potential sign of selective participation across sectors, which may affect Industrials and Basic Materials exposure.
- Notable single-stock volatility, exemplified by Mandatum's steep drop and Metso's five-year high, indicates company-specific risks that can impact portfolios concentrated in Financials or Industrials.
- Commodity price movements and currency fluctuations were modest but present - shifts in oil, gold or FX could influence related sectors such as Basic Materials and exporters.