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Sweden shares lower at close of trade; OMX Stockholm 30 down 0.81%

Source Investing

Investing.com – Sweden equities were lower at the close on Thursday, as losses in the Industrials, Basic Materials and Financials sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 0.81%.

The biggest gainers of the session on the OMX Stockholm 30 were Swedbank AB ser A (ST:SWEDa), which rose 0.49% or 1.00 points to trade at 207.00 at the close. Nordea Bank Abp (ST:NDASE) added 0.17% or 0.20 points to end at 118.40 and Evolution AB (ST:EVOG) was up 0.17% or 1.60 points to 965.00 in late trade.

Biggest losers included SAAB AB ser. B (ST:SAABb), which lost 6.38% or 14.50 points to trade at 212.00 in late trade. Kinnevik, Investment AB ser. B (ST:KINVb) declined 3.13% or 2.50 points to end at 78.00 and Samhallsbyggnadsbolaget i Norden AB (ST:SBBb) shed 2.92% or 0.21 points to 7.11.

Declining stocks outnumbered rising ones by 533 to 226 and 77 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for November delivery was up 3.06% or 2.24 to $75.48 a barrel. Meanwhile, Brent oil for delivery in December rose 3.08% or 2.36 to hit $78.94 a barrel, while the December Gold Futures contract rose 0.58% or 15.25 to trade at $2,641.25 a troy ounce.

EUR/SEK was down 0.05% to 11.36, while USD/SEK rose 0.08% to 10.40.

The US Dollar Index Futures was up 0.03% at 102.72.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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