OMX Helsinki 25 Index Experiences Decline, But Some Companies Show Potential Gains

Oct 04 2024 01:00 PM IST
The OMX Helsinki 25 index is currently trading at 4,668.94 with a loss of -38.42 points or -0.82%. Out of the 1 sectors in the market, 0 are advancing while 1 is declining. The top losing sector is the OMX Helsinki 25, with a decrease of -0.82%. The advance-decline ratio is 1.31x, showing more advancing companies than declining ones. In terms of individual companies, UPM-Kymmene Oyj, Valmet Corp., and Cargotec Oyj are the top gainers in the large and mid cap categories, while Kone Oyj, Kesko Oyj, and Kojamo Oyj are the top losers in the small cap category. The OMX Helsinki 25 Caps is also facing a decrease of 0.82%, with CapMan Oyj, Sitowise Group Oyj, and Lemonsoft Oyj as the top gainers, and Bioretec Ltd., Digital Workforce Services Oyj, and Toivo Group Oyj as the top losers.



The OMX Helsinki 25 index is facing a downward trend today, trading at 4,668.94 with a loss of -38.42 points or -0.82%. Out of the 1 sectors in the market, 0 are advancing while 1 is declining. The top losing sector is the OMX Helsinki 25, with a decrease of -0.82%.

In terms of individual companies, UPM-Kymmene Oyj is the top large cap gainer with a 2.79% increase, followed by Valmet Corp. with a 0.50% increase and Cargotec Oyj with a 1.76% increase in the mid cap category. On the other hand, Kone Oyj is the top large cap loser with a decrease of -0.76%, followed by Kesko Oyj with a -0.37% decrease and Kojamo Oyj with a -0.59% decrease in the small cap category.

The advance-decline ratio across the OMX Helsinki 25 index is 89 advances to 68 declines, indicating a ratio of 1.31x. This shows that there are more advancing companies than declining ones in the market today.

The OMX Helsinki 25 Caps is also facing a decrease of 0.82%, further highlighting the downward trend in the market. In terms of top gainers, CapMan Oyj is leading with a 7.97% increase, followed by Sitowise Group Oyj with a 6.99% increase and Lemonsoft Oyj with a 5.88% increase. On the other hand, Bioretec Ltd. is the top loser with a -13.00% decrease, followed by Digital Workforce Services Oyj with a -6.31% decrease and Toivo Group Oyj with a -5.56% decrease.

Overall, the OMX Helsinki 25 index is facing a decline today, with more companies experiencing losses than gains. However, there are still some companies that are performing well, indicating potential opportunities for investors. It will be interesting to see how the market evolves in the coming days.

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