Finland Stocks Higher at Close of Trade; OMX Helsinki 25 Up 0.76%
Helsinki, Finland – Finland's stock market closed higher on Tuesday, with the OMX Helsinki 25 index rising by 0.76%. Gains in various sectors propelled the market upwards.
Top Performers
The best performers of the session were:
Valmet Oyj: Rose by 4.44% (1.14 points) to end at 26.84.
- Example: If you had 10 shares of Valmet Oyj at the beginning of the day, by the end of the day, the value of your shares would have increased by 11.4 Euros in total.
UPM-Kymmene Oyj: Saw a 2.29% increase (0.75 points) to close at 33.51.
- Example: If you held 20 shares of UPM-Kymmene Oyj, those shares grew in value by 15 Euros.
Orion Oyj B: Gained 1.98% (0.75 points) to finish at 38.61.
Example: If you owned 5 shares of Orion Oyj B, their value went up by approximately 3.75 Euros.
Worst Performers
The worst performers of the session were:
- Qt Group Oyj: Fell by 3.31% (2.80 points) to trade at 81.80.
- KONE Oyj: Declined by 1.34% (0.63 points) to close at 46.54.
- Metso Oyj: Decreased by 0.58% (0.06 points) to end at 10.30.
Market Breadth
Rising stocks outnumbered declining ones on the Helsinki Stock Exchange by 101 to 75, while 13 stocks ended unchanged.
Commodities Overview
In the commodities market:
Brent Oil for August delivery went up by 0.81% (0.68) to $84.93 a barrel.
- Example: For those investing in oil, this increment means that if you had a barrel priced at $84.25 in the morning, it was worth $84.93 by the end of the day.
Crude Oil for August delivery increased by 0.79% (0.63) to hit $80.35 a barrel.
The August Gold Futures contract rose by 0.62% (14.40) to trade at $2,343.40 a troy ounce.
Currency Exchange Rates
- EUR/USD was relatively stable, changing by only 0.06% to settle at 1.07.
- EUR/GBP barely shifted, changing by 0.10% to end at 0.85.
- The US Dollar Index Futures slightly decreased by 0.06% to sit at 104.88.
This surge in the Helsinki stock market is a positive sign for investors, indicating strength in the Finnish economy. Keeping an eye on top-performing sectors can help investors make informed decisions.
