3 months ago
Stock Market

Finland stocks lower at close of trade; OMX Helsinki 25 down 1.68%

Investing.com – Finland stocks were lower after the close on Monday, as losses in the Utilities, Consumer Services and Basic

Investing.com – Finland stocks were lower after the close on Monday, as losses in the Utilities, Consumer Services and Basic Materials sectors led shares lower.

At the close in Helsinki, the OMX Helsinki 25 declined 1.68% to hit a new 52-week low.

The best performers of the session on the OMX Helsinki 25 were Nokia Oyj (HE:NOKIA), which rose 1.04% or 0.051 points to trade at 4.952 at the close. Meanwhile, Amer Sports Corporation (HE:AMEAS) added 0.29% or 0.11 points to end at 38.48 and Kesko Oyj (HE:KESKOB) was down 0.60% or 0.30 points to 49.57 in late trade.

The worst performers of the session were Outotec Oyj (HE:OTE1V), which fell 6.95% or 0.217 points to trade at 2.905 at the close. Outokumpu Oyj (HE:OUT1V) declined 5.95% or 0.2130 points to end at 3.3660 and Metso Oyj (HE:METSO) was down 5.57% or 1.32 points to 22.39.

Falling stocks outnumbered advancing ones on the Helsinki Stock Exchange by 130 to 31 and 7 ended unchanged.

Shares in Outotec Oyj (HE:OTE1V) fell to 52-week lows; down 6.95% or 0.217 to 2.905. Shares in Amer Sports Corporation (HE:AMEAS) rose to all time highs; rising 0.29% or 0.11 to 38.48. Shares in Outokumpu Oyj (HE:OUT1V) fell to 52-week lows; down 5.95% or 0.2130 to 3.3660. Shares in Metso Oyj (HE:METSO) fell to 52-week lows; down 5.57% or 1.32 to 22.39.

Brent oil for February delivery was down 1.48% or 0.91 to $60.76 a barrel. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.07% or 1.09 to hit $51.52 a barrel, while the February Gold Futures contract fell 0.22% or 2.70 to trade at $1249.90 a troy ounce.

EUR/USD was down 0.04% to 1.1374, while EUR/GBP rose 1.17% to 0.9048.

The US Dollar Index Futures was up 0.56% at 97.018.