Feb 27, 2026
The OMX Helsinki 25 index edged higher over the past five trading days, with gains led by steelmaker Outokumpu and losses concentrated in technology shares.
Outokumpu, one of the world’s largest producers of stainless steel, topped the benchmark with a 9.41% rise over the week amid rebounding steel prices this week after reporting a challenging year 2025 with subdued demand, particularly in Europe.
Mining and aggregates equipment supplier Metso Outotec also posted a solid 4.38% gain this week, while Swedish steelmaker SSAB advanced 3.47%. Chemicals group Kemira, which serves water-intensive industries, climbed 2.73%, and forestry company Stora Enso added 1.51%. Elevator and escalator maker Kone rose 1.49%, and marine and energy technology provider Wärtsilä gained 1.45%, reflecting steady interest in large-cap industrial names.
On the downside, software company Qt Group tumbled 13.19%, marking the steepest decline in the index. The company, which develops cross-platform software development tools, reported a 27% decline in EBITA for the full year 2025, according to its earnings report published yesterday. EPS nearly halved, reflecting acquisition-related costs, higher personnel expenses, and a lower margin profile from IAR.
Other falling shares this week were financial services provider Mandatum, which slid 6.65%, while cargo-handling equipment maker Hiab slipped 2.77%. IT services firm Tietoevry dropped 2.71%, and pharmaceutical company Orion lost 2.31%. Retail group Kesko declined 1.90%, and banking giant Nordea edged down 1.55%.
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