Mixed Day for OMX Helsinki 25 as Some Companies See Gains, Others Face Losses
The stock market is experiencing a mixed day today, with some companies seeing gains while others are facing losses. The OMX Helsinki 25 index, which tracks the top 25 companies in the Helsinki Stock Exchange, is currently down by 0.74%.
Among the top large cap gainers is Wärtsilä Oyj Abp, with a 1.15% increase in their stock price. In the mid cap category, Elisa Oyj is leading with a 0.71% gain, while Cargotec Oyj is the top small cap gainer with a 0.14% increase.
On the other hand, Metso Corp. is the top large cap loser, experiencing a 3.41% decrease in their stock price. Valmet Corp. and Konecranes Oyj are also facing losses in the mid cap and small cap categories, with decreases of 2.04% and 2.36%, respectively.
The advance decline ratio across the OMX Helsinki 25 is currently at 0.54x, with 53 companies seeing gains and 98 companies facing declines. This indicates a slightly bearish sentiment in the market.
Among the top gainers in the OMX Helsinki 25 index are Pallas Air Plc, Talenom Oyj, and QPR Software Oyj, with increases of 11.96%, 8.42%, and 7.04%, respectively. On the other hand, Finnair Oyj, United Bankers Oyj, and Betolar Oyj are the top losers, with decreases of 11.74%, 5.29%, and 5.11%, respectively.
Overall, the OMX Helsinki 25 index is currently trading at 4,431.57, with a loss of 33.17 points or 0.74%. Out of the 1 sector advancing today, the OMX Helsinki 25 is the top losing sector, further indicating a bearish trend in the market. Investors will continue to monitor the market closely as they make decisions on their investments.