The war week following the attack on Iran by the United States and Israel has been marked by large fluctuations on the Helsinki stock exchange, especially within days but also between days.
The OMX Helsinki index’s weekly drop of 2.9 percent is a significant drop, but similar changes to the stock market index usually occur every few months. The previous one was in November. After the customs rally started in April of last year, the weekly drop of the index was almost eight percent.
Following the Iran crisis, the index change on the Helsinki Stock Exchange on Monday was only a 0.2 percent drop. Among the large companies on the stock exchange, the shares of Nokia and Neste rose strongly in the opposite direction. Neste’s share price rose practically all week. Nokia’s share price saw a big drop on Thursday.
On Tuesday, the stock market fell by 2.8 percent, which was ultimately the deepest drop of the week. On Wednesday, it was the turn of a 1.6 percent recoil increase. On Thursday, the stock market fell by one percent, and Friday’s even wider sawing movement ended with a fall of 0.55 percent.