Sweden shares lower at close of trade; OMX Stockholm 30 down 1.27%

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Sweden shares lower at close of trade; OMX Stockholm 30 down 1.27%

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

At the close in Stockholm, the OMX Stockholm 30 lost 1.27% to hit a new 52-week low.

The biggest gainers of the session on the OMX Stockholm 30 were Swedish Match AB (ST: SWMA ), which rose 1.64% or 5.9 points to trade at 364.7 at the close. Getinge AB ser. B (ST: GETIb ) added 0.30% or 0.3 points to end at 86.8 and Svenska Cellulosa SCA AB B (ST: SCAb ) was up 0.23% or 0.2 points to 69.5 in late trade.

Biggest losers included Autoliv Inc . SDB (ST: ALIVsdb ), which lost 6.67% or 48.2 points to trade at 674.4 in late trade. Sandvik AB (ST: SAND ) declined 2.61% or 3.30 points to end at 123.05 and Electrolux, AB ser. B (ST: ELUXb ) shed 2.50% or 4.9 points to 191.1.

Declining stocks outnumbered rising ones by 489 to 152 and 39 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for January delivery was down 1.90% or 1.00 to $51.61 a barrel. Meanwhile, Brent oil for delivery in February fell 1.28% or 0.79 to hit $60.88 a barrel, while the February Gold Futures contract fell 0.12% or 1.50 to trade at $1251.10 a troy ounce.

EUR/SEK was up 0.28% to 10.3240, while USD/SEK rose 0.33% to 9.0778.

The US Dollar Index Futures was up 0.57% at 97.028.

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