Stock Markets February 19, 2026

Helsinki benchmark inches to record as tech, energy and services lead gains

OMX Helsinki 25 posts a marginal rise to a fresh high; Neste, Metso and Kojamo top the winners while Fortum, KONE and Nordea lag

By Hana Yamamoto
Helsinki benchmark inches to record as tech, energy and services lead gains

Finland's equity market closed marginally higher on Thursday as the OMX Helsinki 25 registered a 0.01% gain to reach a new all-time high. Strength in Technology, Oil & Gas and Consumer Services helped propel several stocks higher, with Neste, Metso and Kojamo among the top performers. Conversely, Fortum, KONE and Nordea were the session's largest decliners. Commodity and currency markets also moved, with Brent and U.S. crude both rallying and mixed action in major FX pairs.

Key Points

  • OMX Helsinki 25 rose 0.01% to reach a new all-time high at the close.
  • Top gainers included Neste (HE:NESTE +2.19%), Metso (HE:METSO +1.90%) and Kojamo (HE:KOJAMO +1.51%); top decliners included Fortum (HE:FORTUM -1.84%), KONE (HE:KNEBV -1.60%) and Nordea (HE:NDAFI -1.28%).
  • Commodities and FX moved during the session: Brent and U.S. crude climbed, April gold futures edged up slightly, EUR/USD and EUR/GBP were effectively unchanged, and the US Dollar Index Futures rose.

Finland's stock market finished the Thursday session slightly higher, with gains concentrated in Technology, Oil & Gas and Consumer Services. At the close in Helsinki, the OMX Helsinki 25 advanced 0.01% to register a new all-time high.

Leading the index on the upside was Neste Oyj (HE:NESTE), which climbed 2.19% - an increase of 0.46 points - to close at 21.43. Metso Oyj (HE:METSO) followed, adding 1.90% or 0.32 points to finish at 16.87. Kojamo (HE:KOJAMO) also posted a positive result, rising 1.51% or 0.14 points to end the session at 9.77.

On the downside, Fortum Oyj (HE:FORTUM) was the weakest performer, slipping 1.84% or 0.37 points to close at 19.77. KONE Oyj (HE:KNEBV) dropped 1.60% - a fall of 1.02 points - to 62.78, while Nordea Bank Abp (HE:NDAFI) declined 1.28% or 0.22 points to finish at 16.53.

Market breadth was modestly positive, with 96 stocks advancing versus 75 that fell on the Helsinki Stock Exchange; 19 names ended the day unchanged.

Commodities saw notable moves during the session. Brent crude for April delivery increased 2.26%, or $1.59, to trade at $71.94 a barrel. U.S. crude for April delivery rose 2.55%, or $1.66, reaching $66.71 a barrel. In metals, the April Gold Futures contract ticked up 0.09%, or $4.36, to trade at $5,013.86 a troy ounce.

Currency and index futures were mixed. The euro was essentially unchanged against the dollar, quoted at 1.18 with a 0.20% change noted, while EUR/GBP was listed at 0.87 with a 0.18% change. The US Dollar Index Futures was higher by 0.24%, at 97.86.


Session takeaway

The Helsinki market posted a marginal overall gain even as gains were concentrated in a handful of sectors and individual stocks. Oil price gains were among the most conspicuous market developments outside equities, and several large-cap names finished lower.

Risks

  • Narrow net gain for the OMX Helsinki 25 (0.01%) despite a new record, reflecting mixed breadth with 96 advancers and 75 decliners - this could imply limited market conviction in the short term (impacts equity market sentiment).
  • Notable increases in oil prices - Brent up 2.26% and U.S. crude up 2.55% - introduce commodity-driven uncertainty that may affect energy-related stocks and sectors tied to input costs (impacts Oil & Gas and related sectors).
  • Significant intraday declines among major names such as Fortum, KONE and Nordea highlight stock-specific downside risk that can influence sector performance, particularly in utilities, industrials and financials (impacts Utilities, Industrials, Financials).

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