Finland stocks lower at close of trade; OMX Helsinki 25 down 1.47%

Investing.com – Finland stocks were lower after the close on Wednesday, as losses in the Basic Materials , Oil & Gas and Telecoms sectors led shares lower.

At the close in Helsinki, the OMX Helsinki 25 fell 1.47% to hit a new 1-month low.

The best performers of the session on the OMX Helsinki 25 were Kesko Oyj (HE:KESKOB ), which rose 11.23% or 2.02 points to trade at 20.01 at the close. Meanwhile, Konecranes ABP (HE:KCRA ) added 0.78% or 0.50 points to end at 64.40 and Orion Oyj B (HE:ORNBV ) was up 0.74% or 0.33 points to 44.67 in late trade.

The worst performers of the session were UPM-Kymmene Oyj (HE:UPM ), which fell 4.39% or 1.25 points to trade at 27.20 at the close. Metso Oyj (HE:METSO ) declined 3.69% or 0.34 points to end at 8.82 and KONE Oyj (HE:KNEBV ) was down 3.23% or 1.68 points to 50.40.

Falling stocks outnumbered advancing ones on the Helsinki Stock Exchange by 109 to 62 and 17 ended unchanged.

Shares in Kesko Oyj (HE:KESKOB ) rose to 52-week highs; gaining 11.23% or 2.02 to 20.01. Shares in UPM-Kymmene Oyj (HE:UPM ) fell to 52-week lows; falling 4.39% or 1.25 to 27.20.

Brent oil for January delivery was up 1.95% or 1.38 to $72.11 a barrel. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.04% or 1.37 to hit $68.58 a barrel, while the December Gold Futures contract rose 0.58% or 16.00 to trade at $2,797.10 a troy ounce.

EUR/USD was unchanged 0.40% to 1.09, while EUR/GBP unchanged 0.53% to 0.84.

The US Dollar Index Futures was down 0.29% at 103.89.

Source: Investing.com