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OMX Helsinki

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Small caps surge while established names retreat on OMX Helsinki in week 4

Jan 23, 2026

The Helsinki market edged lower today and this week. OMX Helsinki PI, a price index that tracks the share prices of all companies listed on Nasdaq Helsinki, stood at 12,720.12 at 4 p.m., down 0.31 percent, with turnover of roughly €199 million. Trading stayed within a narrow range the whole day.

Beneath the surface, price moves were more pronounced. Smaller stocks dominated the list of top gainers this week, while several well-known names led the declines.

Top five gainers this week

  1. Digitalist Group: A digital consulting and design company focused on software development, customer experience, and data-driven services.

    Shares surged 168.83 percent this week, following the company's announcement on January 21 that it had secured a EUR 1 million loan from its largest shareholder, Turret Oy Ab, to strengthen working capital.

  2. Sotkamo Silver: A mining company focused on silver production in Sotkamo, centered on Finland’s only active silver mine.

    Shares jumped 49.73 percent as nearly EUR 7 million shares exchanged hands this week.

  3. Afarak Group: A metals and mining group supplying specialty alloys and ferrochrome to the global steel industry.

    Shares leaped 29.05 percent.

  4. SRV Yhtiöt: A construction and project development company specializing in large commercial, residential, and infrastructure projects.

    Shares rose 16.81 percent.

  5. Saga Furs C: An international fur auction house and services company focused on mink and fox pelts.

    Shares advanced 14.79 percent.

Top five fallers this week

  1. QPR Software: A software company providing business process management and enterprise architecture tools.

    Shares slumped 7.16 percent.

  2. Tecnotree: A software company supplying digital platforms and billing systems to telecom operators.

    Shares dropped 6.54 percent.

  3. Sampo A: A Nordic insurance group with operations across property and casualty, life, and asset management.

    Shares fell 6.50 percent.

  4. Tulikivi A: A manufacturer of fireplaces and stone-based heating solutions.

    Shares declined 6.45 percent.

  5. Metsä Board A: A forest industry company focused on premium paperboard for packaging and food service.

    Shares slipped 6.18 percent.

Week 4 again underlined the split within the Helsinki market. Sharp moves were concentrated in individual stocks, while the broader index showed only modest change.

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