Sweden shares lower at close of trade; OMX Stockholm 30 down 0.36%

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Sweden shares lower at close of trade; OMX Stockholm 30 down 0.36%
Credit: © Reuters.

Investing.com – Sweden equities were lower at the close on Friday, as losses in the Technology , Oil & Gas and Telecoms sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 0.36%.

The biggest gainers of the session on the OMX Stockholm 30 were Swedish Match AB (ST: SWMA ), which rose 2.83% or 10.7 points to trade at 388.5 at the close. Skanska AB ser. B (ST: SKAb ) added 1.45% or 2.20 points to end at 153.95 and Hexagon AB ser. B (ST: HEXAb ) was up 1.35% or 5.6 points to 420.8 in late trade.

Biggest losers included Telefonaktiebolaget LM Ericsson Class B (ST: ERICb ), which lost 2.50% or 1.96 points to trade at 76.34 in late trade. Autoliv Inc . SDB (ST: ALIVsdb ) declined 2.16% or 14.8 points to end at 669.2 and ABB Ltd (ST: ABB ) shed 1.95% or 3.5 points to 173.1.

Advancing stocks outnumbered falling ones by 330 to 293 and 62 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for February delivery was down 1.56% or 0.82 to $51.77 a barrel. Meanwhile, Brent oil for delivery in March fell 1.54% or 0.95 to hit $60.73 a barrel, while the February Gold Futures contract rose 0.19% or 2.50 to trade at $1289.90 a troy ounce.

EUR/SEK was up 0.04% to 10.2411, while USD/SEK rose 0.22% to 8.9228.

The US Dollar Index Futures was up 0.05% at 95.170.

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