The OMX Helsinki 25 index fell 1.2% over the past five trading days, as gains in industrial and software shares were outweighed by declines in energy and telecom names.
Tire manufacturer Nokian Tyres was the strongest performer in the index, rising 6.9% during the week as of this afternoon. The company recently reported first-quarter 2026 net sales of EUR 279.6 million, up 3.8% year over year, while operating profit improved significantly. CEO Paolo Pompei said the company achieved its fourth consecutive quarter of year-over-year growth and reaffirmed its 2026 guidance.
Steelmaker SSAB gained 6.4%, while software company Qt Group advanced 6.1%. In April, Qt announced a broad operational reorganization aimed at improving efficiency and capturing acquisition synergies. The company expects annual cost savings of around EUR 20 million, fully realized by 2027.
Hiab climbed 5.9% after securing a EUR 37 million order in the United States for MOFFETT truck-mounted forklifts from a home-improvement-sector customer. Deliveries are expected to begin in the fourth quarter of 2026. Mining technology company Metso also posted a 4.1% gain.
On the losing side, Neste dropped 9.9% after reaching its year-to-date high on Monday. The renewable fuels producer recently reported a sharp improvement in first-quarter earnings. Comparable EBITDA more than quadrupled to EUR 861 million, while net profit reached EUR 533 million compared with a loss a year earlier.
Telecom equipment maker Nokia fell 8.7%. In April, the company reported first-quarter comparable net sales growth of 4% to EUR 4.5 billion and maintained its full-year outlook. Moreover, utility company Fortum lost 4.8%, while Elisa slipped 1.5%.
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