Stock Markets February 23, 2026

Helsinki benchmark slips as tech, health and oil & gas drag markets lower

OMX Helsinki 25 closes down 0.13% as decliners outnumber advancers amid muted FX moves and mixed commodity prices

By Leila Farooq
Helsinki benchmark slips as tech, health and oil & gas drag markets lower

The OMX Helsinki 25 ended the trading day lower, falling 0.13% as losses in the Technology, Healthcare and Oil & Gas sectors weighed on the market. Declining stocks outpaced risers by a wide margin, while select industrial names bucked the trend. Brent and US crude edged down modestly, and gold futures showed a sharp gain. Major currency pairs were largely steady and the US Dollar Index Futures retreated.

Key Points

  • OMX Helsinki 25 closed down 0.13%, with Technology, Healthcare and Oil & Gas sectors leading losses.
  • Decliners outnumbered advancers 127 to 47 on the Helsinki Stock Exchange, with 14 stocks unchanged.
  • Brent and US crude slipped slightly while April gold futures gained significantly; major FX pairs were largely stable.

Helsinki - Finnish equities finished the session in negative territory, with the OMX Helsinki 25 closing down 0.13% after a day in which Technology, Healthcare and Oil & Gas sectors led losses across the board.

Market internals reflected the weak tone: 127 stocks fell against 47 gainers, while 14 issues finished unchanged on the Helsinki Stock Exchange.


Top and bottom movers

Among the 25 large-cap constituents, Outokumpu Oyj (HE:OUT1V) recorded the strongest gain, rising 2.13% or 0.11 points to finish at 5.26. SSAB AB B (HE:SSABBH) also outperformed, adding 2.05% or 0.15 points to close at 7.38. Metso Oyj (HE:METSO) made a smaller advance, up 0.95% or 0.16 points to 17.07.

On the downside, Hiab Oyj (HE:HIAB) posted the steepest drop, falling 2.49% or 1.24 points to end the session at 48.64. Qt Group Oyj (HE:QTCOM) slipped 2.00% or 0.50 points to 24.52, while TietoEVRY Corp (HE:TIETO) declined 1.77% or 0.34 points to close at 18.85.


Commodities and currencies

In commodities trading, Brent oil for May delivery was down 0.13% or 0.09 to $71.21 a barrel. US crude for April delivery edged lower as well, falling 0.12% or 0.08 to $66.40 a barrel. By contrast, the April Gold Futures contract registered a sizable advance, rising 2.94% or 149.59 to trade at $5,230.49 a troy ounce.

FX markets showed limited movement: EUR/USD was unchanged 0.18% to 1.18, while EUR/GBP unchanged 0.02% to 0.87. The US Dollar Index Futures moved lower, down 0.22% at 97.51.


Context and takeaways

Overall, the session was characterized by a heavier number of decliners than advancers and modest moves in energy and currency markets. A handful of industrial and materials names outperformed the broader market, even as sectoral weakness in Technology, Healthcare and Oil & Gas applied downward pressure on the benchmark.

Risks

  • Sector-specific weakness in Technology, Healthcare and Oil & Gas could continue to pressure the OMX Helsinki 25 - impacting companies within those sectors.
  • A higher number of declining stocks versus advancing ones signals broader market downside risk in the short term - which may affect investors’ sector allocations.
  • Movements in commodity markets, particularly oil and gold, introduce volatility that could influence energy-related and precious-metals-sensitive stocks.

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