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Finland shares higher at close of trade; OMX Helsinki 25 up 1.22%

Published 2019-01-16, 12:30 p/m
Updated 2019-01-16, 12:30 p/m
© Reuters.  Finland shares higher at close of trade; OMX Helsinki 25 up 1.22%

© Reuters. Finland shares higher at close of trade; OMX Helsinki 25 up 1.22%

Investing.com – Finland equities were higher at the close on Wednesday, as gains in the Basic Materials, Oil & Gas and Consumer Services sectors propelled shares higher.

At the close in Helsinki, the OMX Helsinki 25 rose 1.22% to hit a new 1-month high.

The biggest gainers of the session on the OMX Helsinki 25 were Cargotec Oyj (HE:CGCBV), which rose 5.66% or 1.60 points to trade at 29.88 at the close. Stora Enso Oyj R (HE:STERV) added 5.03% or 0.560 points to end at 11.690 and Outokumpu Oyj (HE:OUT1V) was up 3.91% or 0.1470 points to 3.9060 in late trade.

Biggest losers included Nokia Oyj (HE:NOKIA), which lost 1.49% or 0.078 points to trade at 5.172 in late trade. Fortum Oyj (HE:FORTUM) declined 1.00% or 0.19 points to end at 18.75 and Outotec Oyj (HE:OTE1V) shed 0.86% or 0.031 points to 3.580.

Advancing stocks outnumbered falling ones by 79 to 71 and 16 ended unchanged on the Helsinki Stock Exchange.

In commodities trading, Brent oil for March delivery was down 0.05% or 0.03 to $60.61 a barrel. Meanwhile, Crude oil for delivery in February fell 0.67% or 0.35 to hit $51.76 a barrel, while the February Gold Futures contract rose 0.49% or 6.35 to trade at $1294.75 a troy ounce.

EUR/USD was down 0.07% to 1.1406, while EUR/GBP fell 0.02% to 0.8870.

The US Dollar Index Futures was down 0.04% at 95.635.

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