Sweden shares lower at close of trade; OMX Stockholm 30 down 2.43%

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Sweden shares lower at close of trade; OMX Stockholm 30 down 2.43%
Credit: © Reuters.

Investing.com – Sweden equities were lower at the close on Monday, as losses in the Healthcare , Technology and Financials sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 2.43% to hit a new 3-month low.

The biggest gainers of the session on the OMX Stockholm 30 were SSAB AB ser. A (ST: SSABa ), which fell 0.46% or 0.22 points to trade at 47.10 at the close. Autoliv Inc . SDB (ST: ALIVsdb ) fell 0.48% or 5.5 points to end at 1144.5 and Tele2 AB (ST: TEL2b ) was down 0.96% or 0.94 points to 96.84 in late trade.

Biggest losers included Kinnevik, Investment AB ser. B (ST: KINVb ), which lost 4.67% or 13.8 points to trade at 281.7 in late trade. Telefonaktiebolaget LM Ericsson Class B (ST: ERICb ) declined 4.46% or 2.40 points to end at 51.40 and Investor AB ser. B (ST: INVEb ) shed 4.38% or 16.7 points to 364.5.

Declining stocks outnumbered rising ones by 603 to 50 and 13 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for March delivery was down 0.99% or 0.65 to $64.80 a barrel. Meanwhile, Brent oil for delivery in April fell 0.71% or 0.49 to hit $68.09 a barrel, while the April Gold Futures contract rose 0.14% or 1.90 to trade at $1339.20 a troy ounce.

EUR/SEK was down 0.04% to 9.8417, while USD/SEK rose 0.25% to 7.9270.

The US Dollar Index Futures was up 0.34% at 89.34.

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