Sweden shares lower at close of trade; OMX Stockholm 30 down 0.10%

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Sweden shares lower at close of trade; OMX Stockholm 30 down 0.10%

Investing.com – Sweden equities were lower at the close on Wednesday, as losses in the Technology , Telecoms and Industrials sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 0.10%.

The biggest gainers of the session on the OMX Stockholm 30 were Skanska AB ser. B (ST: SKAb ), which rose 2.89% or 4.95 points to trade at 176.00 at the close. SSAB AB ser. A (ST: SSABa ) added 2.48% or 1.00 points to end at 41.32 and H & M Hennes & Mauritz AB B (ST: HMb ) was up 1.63% or 2.0 points to 123.3 in late trade.

Biggest losers included Telefonaktiebolaget LM Ericsson Class B (ST: ERICb ), which lost 1.43% or 1.11 points to trade at 76.53 in late trade. Tele2 AB (ST: TEL2b ) declined 0.96% or 1.10 points to end at 113.00 and AstraZeneca PLC (ST: AZN ) shed 0.93% or 6.4 points to 679.3.

Advancing stocks outnumbered falling ones by 364 to 265 and 48 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for October delivery was up 2.08% or 1.44 to $70.69 a barrel. Meanwhile, Brent oil for delivery in November rose 0.76% or 0.60 to hit $79.66 a barrel, while the December Gold Futures contract rose 0.54% or 6.50 to trade at $1208.70 a troy ounce.

EUR/SEK was down 0.42% to 10.4500, while USD/SEK fell 0.57% to 8.9901.

The US Dollar Index Futures was down 0.20% at 94.86.

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