Finnish equities closed higher on Monday, driven by advances in Telecoms, Utilities and Consumer Services. At the Helsinki close, the benchmark OMX Helsinki 25 rose 1.07%.
Top-performing names in the index included Nokia Oyj (HE:NOKIA), which climbed 4.00% or 0.29 points to finish at 7.49. Fortum Oyj (HE:FORTUM) added 2.33% or 0.49 points to end at 21.50, and Orion Oyj B (HE:ORNBV) gained 1.66% or 1.15 points to close at 70.60.
On the downside, Qt Group Oyj (HE:QTCOM) fell 2.14% or 0.43 points to 19.67 at the close. Metso Oyj (HE:METSO) slipped 0.74% or 0.12 points to 15.34, and TietoEVRY Corp (HE:TIETO) was down 0.59% or 0.11 points to 18.45.
Market breadth was essentially balanced, with rising stocks narrowly outnumbering decliners on the Helsinki Stock Exchange by 86 to 85, while 20 issues finished unchanged.
Notable intraday milestones included Nokia reaching its highest levels in five years, with the stock up 4.00% to 7.49. Fortum also traded at multi-year strength, closing at a three-year high of 21.50 after a 2.33% gain.
Commodities and currencies
Commodity markets were weaker on the session. Brent oil for May delivery declined 0.98% or 1.01 to settle at $102.13 a barrel. US crude for May delivery fell 2.42% or 2.34 to $94.50 a barrel. April gold futures dropped 1.27% or 64.34 to trade at 4,997.36 a troy ounce.
In currency markets, EUR/USD rose 0.68% to 1.15, while EUR/GBP was essentially unchanged, moving 0.09% to 0.86. The US Dollar Index futures was down 0.47% at 99.64.
Additional note
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The Helsinki market closed with a modestly positive tone, but breadth and selective declines among industrial and technology-related names left a mixed intraday picture.