Stock Markets March 5, 2026

Helsinki Index Closes Lower as Telecoms, Utilities and Healthcare Weigh on Market

OMX Helsinki 25 drops 1.10% as Neste posts a 52-week high while several large-cap names slide

By Jordan Park
Helsinki Index Closes Lower as Telecoms, Utilities and Healthcare Weigh on Market

Finland's stock market ended the session in negative territory, with the OMX Helsinki 25 falling 1.10%. Sector losses in Telecoms, Utilities and Healthcare contributed to the decline. Among index components, Neste Oyj led advancers, rising sharply to a 52-week high, while Nokia, Wartsila and Orion were among the heaviest decliners. Broader market breadth showed more falling stocks than rising ones. Commodities and currency moves were mixed, with Brent and crude oil higher and gold futures lower, while the US Dollar Index Futures strengthened.

Key Points

  • OMX Helsinki 25 closed down 1.10%, weighed by losses in Telecoms, Utilities and Healthcare sectors.
  • Neste Oyj was the session's biggest gainer, rising 9.23% to 24.61 and reaching a 52-week high; TietoEVRY and Elisa also posted gains.
  • Nokia, Wartsila and Orion were among the largest decliners; falling stocks outnumbered advancing ones 110 to 63, with 18 unchanged.

Finland's equity market closed lower on Thursday as sector-level pressure in Telecoms, Utilities and Healthcare pushed the benchmark down.

At the end of trading in Helsinki, the OMX Helsinki 25 was down 1.10%.

The session's top performer on the OMX Helsinki 25 was Neste Oyj (HE:NESTE), which climbed 9.23% - a rise of 2.08 points - to finish at 24.61. That move took Neste to a 52-week high, with the stock up 9.23% or 2.08 to 24.61.

Other gains in the index included TietoEVRY Corp (HE:TIETO), which added 1.61% or 0.30 points to close at 18.96, and Elisa Oyj (HE:ELISA), which rose 1.58% or 0.68 points to end the session at 43.80.

On the downside, Nokia Oyj (HE:NOKIA) was the weakest performer among the group, sliding 4.52% or 0.32 points to finish at 6.71. Wartsila Oyj Abp (HE:WRT1V) declined 2.84% or 0.98 points to 33.58, and Orion Oyj B (HE:ORNBV) fell 2.05% or 1.40 points to close at 66.75.

Market breadth in Helsinki was tilted to the downside, with 110 stocks falling, 63 advancing and 18 finishing unchanged.

Commodities moved unevenly during the session: Brent oil for May delivery rose 3.57% or 2.91 to $84.31 a barrel, while crude oil for April delivery gained 6.00% or 4.48 to reach $79.14 a barrel. In contrast, the April Gold Futures contract declined 0.93% or 47.81 to trade at $5,086.89 a troy ounce.

Foreign exchange indicators were mixed. The report shows EUR/USD was unchanged 0.41% to 1.16, while EUR/GBP unchanged 0.02% to 0.87. The US Dollar Index Futures was up 0.49% at 99.21.


The session highlighted a split between energy-linked commodity strength and weakness across several large-cap Finnish stocks, leaving the benchmark lower by 1.10% at the close.

Risks

  • Rising oil prices - Brent and crude both moved higher during the session, which may affect energy-related costs and earnings for companies connected to fuel prices.
  • Currency and FX moves - mixed readings in EUR/USD, EUR/GBP and a stronger US Dollar Index Futures introduce exchange-rate volatility for exporters and importers.
  • Market breadth skew - a larger number of declining stocks compared with advancers suggests uneven market participation and potential for further downside in sectors already under pressure, notably Telecoms, Utilities and Healthcare.

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