Mar 6, 2026
Finland’s OMX Helsinki 25 index declined over the past week, with the benchmark posting a roughly 3.8% five-day drop as several industrial heavyweights moved lower. Still, a handful of stocks posted gains, led by renewable fuels producer Neste.
Neste was the strongest performer in the index, rising about 17.6% over the past five days. The company, which produces renewable diesel and sustainable aviation fuel, released its annual report during the week, highlighting progress in expanding renewable fuel production and its long-term strategy focused on low-carbon energy solutions. The update helped boost investor sentiment and supported the sharp weekly gain.
Telecom equipment maker Nokia also finished the week in positive territory, climbing about 3%. Nokia supplies network infrastructure, software, and services to telecom operators worldwide and remains one of Finland’s largest listed companies.
IT services firm Tietoevry and telecom operator Elisa also posted modest gains.
On the downside, several industrial and materials companies led the declines.
Engineering group Wärtsilä was the biggest loser, falling roughly 12%. Stainless steel producer Outokumpu dropped about 10.6% during the week, while Metso Outotec—known for supplying equipment and services to the mining and aggregates industries—fell around 10%.
Elevator and escalator manufacturer Kone also declined by about 10%. The company is one of the world’s largest suppliers of elevators, escalators, and building flow solutions. Meanwhile, Hiab, which produces load-handling equipment such as truck-mounted cranes and container handlers, slipped close to 9.7%.
Overall, the week highlighted pressure on several industrial names even as gains in select stocks, particularly Neste, offered some support within the Finnish blue-chip index.
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