Sweden shares lower at close of trade; OMX Stockholm 30 down 0.86%

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Sweden shares lower at close of trade; OMX Stockholm 30 down 0.86%
Credit: © Reuters.

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

At the close in Stockholm, the OMX Stockholm 30 lost 0.86%.

The biggest gainers of the session on the OMX Stockholm 30 were Skandinaviska Enskilda Banken AB A (ST: SEBa ), which rose 0.39% or 0.38 points to trade at 97.62 at the close. H & M Hennes & Mauritz AB B (ST: HMb ) added 0.21% or 0.3 points to end at 122.3 and SSAB AB ser. A (ST: SSABa ) was up 0.05% or 0.02 points to 40.48 in late trade.

Biggest losers included Swedish Match AB (ST: SWMA ), which lost 4.10% or 20.2 points to trade at 471.9 in late trade. Kinnevik, Investment AB ser. B (ST: KINVb ) declined 3.58% or 10.7 points to end at 288.0 and Autoliv Inc . SDB (ST: ALIVsdb ) shed 3.14% or 25.4 points to 782.6.

Declining stocks outnumbered rising ones by 439 to 189 and 55 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for October delivery was down 1.29% or 0.90 to $68.97 a barrel. Meanwhile, Brent oil for delivery in November fell 0.93% or 0.73 to hit $77.44 a barrel, while the December Gold Futures contract rose 0.28% or 3.40 to trade at $1202.50 a troy ounce.

EUR/SEK was up 0.15% to 10.5402, while USD/SEK fell 0.22% to 9.0673.

The US Dollar Index Futures was down 0.28% at 95.10.

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