Sweden shares lower at close of trade; OMX Stockholm 30 down 1.82%

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Sweden shares lower at close of trade; OMX Stockholm 30 down 1.82%
Credit: © Reuters.

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

At the close in Stockholm, the OMX Stockholm 30 lost 1.82%.

The biggest gainers of the session on the OMX Stockholm 30 were Swedish Match AB (ST: SWMA ), which rose 0.28% or 1.0 points to trade at 359.0 at the close. Tele2 AB (ST: TEL2b ) added 0.22% or 0.25 points to end at 112.50 and H & M Hennes & Mauritz AB B (ST: HMb ) was down 0.33% or 0.5 points to 162.7 in late trade.

Biggest losers included ASSA ABLOY AB ser. B (ST: ASSAb ), which lost 3.84% or 6.5 points to trade at 162.8 in late trade. Electrolux, AB ser. B (ST: ELUXb ) declined 3.74% or 7.8 points to end at 200.7 and Volvo, AB ser. B (ST: VOLVb ) shed 3.35% or 4.23 points to 121.92.

Declining stocks outnumbered rising ones by 451 to 166 and 53 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for January delivery was up 0.19% or 0.10 to $53.35 a barrel. Meanwhile, Brent oil for delivery in February rose 0.18% or 0.11 to hit $62.19 a barrel, while the February Gold Futures contract fell 0.30% or 3.70 to trade at $1242.90 a troy ounce.

EUR/SEK was down 0.36% to 10.1917, while USD/SEK fell 0.39% to 8.9815.

The US Dollar Index Futures was up 0.07% at 96.965.

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