Finland stocks lower at close of trade; OMX Helsinki 25 down 1.64%

Finland stocks lower at close of trade; OMX Helsinki 25 down 1.64%

May 23, 2018

Investing.com – Finland stocks were lower after the close on Wednesday, as losses in the Oil&Gas, Basic Materials and Technology sectors led shares lower.

At the close in Helsinki, the OMX Helsinki 25 declined 1.64%.

The best performers of the session on the OMX Helsinki 25 were Kesko Oyj (HE:KESKOB), which rose 0.04% or 0.02 points to trade at 50.52 at the close. Meanwhile, Outotec Oyj (HE:OTE1V) fell 0.05% or 0.004 points to end at 8.298 and Valmt (HE:VALMT) was down 0.25% or 0.04 points to 16.11 in late trade.

The worst performers of the session were Neste Oil Oyj (HE:NESTE), which fell 2.96% or 2.08 points to trade at 68.24 at the close. Outokumpu Oyj (HE:OUT1V) declined 2.82% or 0.1720 points to end at 5.9380 and UPM-Kymmene Oyj (HE:UPM) was down 2.28% or 0.73 points to 31.29.

Falling stocks outnumbered advancing ones on the Helsinki Stock Exchange by 103 to 39 and 18 ended unchanged.

Brent oil for July delivery was down 0.45% or 0.36 to $79.21 a barrel. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.71% or 0.51 to hit $71.69 a barrel, while the June Gold Futures contract fell 0.05% or 0.60 to trade at $1291.40 a troy ounce.

EUR/USD was down 0.68% to 1.1700, while EUR/GBP fell 0.06% to 0.8765.

The US Dollar Index Futures was up 0.46% at 93.94.

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