Helsinki equities edged lower over the past week, with the OMX Helsinki 25 posting a modest decline, as sharp divergences emerged between energy names and industrial laggards.
Neste stood out as the week’s top performer, climbing about 8.5%. The renewable fuels producer benefited from continued interest in cleaner energy solutions and improving sentiment around margins. Utility group Fortum also advanced, gaining roughly 3.7%, as investors sought defensive exposure in power generation and stable cash flows. Financial services firm Mandatum posted a slight gain, while pharmaceutical company Orion was largely flat but remained in positive territory.
On the downside, industrials and technology stocks faced notable pressure. Metso, which supplies equipment and services to the mining and aggregates industries, dropped more than 9%, making it the week’s weakest performer. Software company Qt Group also declined sharply, falling about 7%, as growth-oriented tech names saw selling pressure. Housing investor Lumo Kodit, formerly known as Kojamo, slid over 6%, while Valmet, a provider of process technologies for pulp and energy industries, fell nearly 6% as well.
Forestry giant Stora Enso, which produces renewable materials and paper products, also lost close to 6%.
Overall, the week highlighted a rotation within the Finnish market, with investors favoring energy and defensive plays while moving away from cyclical industrials and high-growth technology stocks.
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