Sweden shares lower at close of trade; OMX Stockholm 30 down 0.51%

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Sweden shares lower at close of trade; OMX Stockholm 30 down 0.51%
Credit: © Reuters.

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

At the close in Stockholm, the OMX Stockholm 30 declined 0.51%.

The biggest gainers of the session on the OMX Stockholm 30 were Getinge AB ser. B (ST: GETIb ), which rose 2.65% or 2.2 points to trade at 84.4 at the close. AstraZeneca PLC (ST: AZN ) added 0.85% or 5.6 points to end at 663.0 and Svenska Handelsbanken AB A (ST: SHBa ) was up 0.82% or 0.82 points to 100.97 in late trade.

Biggest losers included Kinnevik, Investment AB ser. B (ST: KINVb ), which lost 1.91% or 4.3 points to trade at 221.0 in late trade. Swedbank AB ser A (ST: SWEDa ) declined 1.89% or 4.0 points to end at 207.4 and Atlas Copco AB Series B (ST: ATCOb ) shed 1.67% or 3.5 points to 206.5.

Declining stocks outnumbered rising ones by 365 to 251 and 63 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for March delivery was down 1.75% or 0.93 to $52.08 a barrel. Meanwhile, Brent oil for delivery in March fell 1.67% or 1.03 to hit $60.47 a barrel, while the February Gold Futures contract rose 0.08% or 1.00 to trade at $1284.40 a troy ounce.

EUR/SEK was up 0.19% to 10.2680, while USD/SEK fell 0.13% to 9.0137.

The US Dollar Index Futures was down 0.24% at 95.727.

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