Sweden shares lower at close of trade; OMX Stockholm 30 down 0.79%

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Sweden shares lower at close of trade; OMX Stockholm 30 down 0.79%
Credit: © Reuters.

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

At the close in Stockholm, the OMX Stockholm 30 lost 0.79% to hit a new 3-month low.

The biggest gainers of the session on the OMX Stockholm 30 were Getinge AB ser. B (ST: GETIb ), which rose 4.79% or 3.9 points to trade at 85.7 at the close. ASSA ABLOY AB ser. B (ST: ASSAb ) added 3.09% or 5.2 points to end at 175.1 and Telefonaktiebolaget LM Ericsson Class B (ST: ERICb ) was up 2.73% or 2.26 points to 85.17 in late trade.

Biggest losers included Skanska AB ser. B (ST: SKAb ), which lost 10.63% or 17.15 points to trade at 144.25 in late trade. Atlas Copco AB Class A (ST: ATCOa ) declined 7.41% or 17.1 points to end at 213.0 and Atlas Copco AB Series B (ST: ATCOb ) shed 6.35% or 13.5 points to 198.6.

Declining stocks outnumbered rising ones by 443 to 198 and 42 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.22% or 0.84 to $69.49 a barrel. Meanwhile, Brent oil for delivery in December rose 1.36% or 1.08 to hit $80.37 a barrel, while the December Gold Futures contract fell 0.06% or 0.70 to trade at $1229.40 a troy ounce.

EUR/SEK was down 0.12% to 10.3454, while USD/SEK fell 0.64% to 8.9861.

The US Dollar Index Futures was down 0.29% at 95.44.

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