päätöskurssi

Päätöskurssi is a Finnish term that translates to "closing price" or "settlement price" in English. It refers to the price of a financial asset, such as a stock, bond, or currency, at the end of a trading session. This price is significant because it is used to value portfolios and to determine the performance of an investment over a given period.

In stock markets, the päätöskurssi is typically the last traded price before the market closes. It serves as a benchmark for the day's trading activity. For currencies, the päätöskurssi is the exchange rate established at the end of the trading day, often determined by a central bank or a market convention.

The päätöskurssi is a key data point for investors, analysts, and financial institutions. It is used in calculating daily gains and losses, for margin calls, and for settling derivative contracts. Furthermore, it forms the basis for opening prices on the subsequent trading day. Understanding the päätöskurssi is fundamental to comprehending market movements and investment valuations.