Sweden shares lower at close of trade; OMX Stockholm 30 down 1.17%

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Sweden shares lower at close of trade; OMX Stockholm 30 down 1.17%

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

At the close in Stockholm, the OMX Stockholm 30 fell 1.17%.

The biggest gainers of the session on the OMX Stockholm 30 were Tele2 AB (ST: TEL2b ), which rose 1.18% or 1.20 points to trade at 102.60 at the close. Autoliv Inc . SDB (ST: ALIVsdb ) added 1.18% or 9.0 points to end at 773.2 and H & M Hennes & Mauritz AB B (ST: HMb ) was up 1.05% or 1.6 points to 156.0 in late trade.

Biggest losers included Alfa Laval AB (ST: ALFA ), which lost 4.26% or 9.0 points to trade at 202.3 in late trade. Telefonaktiebolaget LM Ericsson Class B (ST: ERICb ) declined 4.21% or 3.41 points to end at 77.59 and Hexagon AB ser. B (ST: HEXAb ) shed 2.31% or 10.3 points to 435.0.

Declining stocks outnumbered rising ones by 422 to 216 and 42 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for December delivery was up 1.74% or 0.97 to $56.66 a barrel. Meanwhile, Brent oil for delivery in January rose 1.85% or 1.21 to hit $66.68 a barrel, while the December Gold Futures contract rose 0.37% or 4.40 to trade at $1203.60 a troy ounce.

EUR/SEK was up 0.57% to 10.2826, while USD/SEK rose 0.35% to 9.0881.

The US Dollar Index Futures was down 0.32% at 96.83.

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