3 weeks ago
Stock Market

Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.47%

Investing.com – Sweden stocks were lower after the close on Wednesday, as losses in the Technology, Industrials and Consumer Goods

Investing.com – Sweden stocks were lower after the close on Wednesday, as losses in the Technology, Industrials and Consumer Goods sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 0.47%.

The best performers of the session on the OMX Stockholm 30 were Nordea Bank Abp (ST:NDASE), which rose 2.28% or 1.86 points to trade at 83.57 at the close. Meanwhile, Swedbank AB ser A (ST:SWEDa) added 1.50% or 2.5 points to end at 169.1 and Skandinaviska Enskilda Banken AB A (ST:SEBa) was up 1.18% or 1.10 points to 94.20 in late trade.

The worst performers of the session were Telefonaktiebolaget LM Ericsson Class B (ST:ERICb), which fell 1.82% or 1.58 points to trade at 85.10 at the close. Kinnevik, Investment AB ser. B (ST:KINVb) declined 1.80% or 4.1 points to end at 224.2 and AB SKF B (ST:SKFb) was down 1.53% or 2.5 points to 157.6.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 370 to 274 and 51 ended unchanged.

Crude oil for April delivery was up 3.10% or 1.72 to $57.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 2.11% or 1.38 to hit $66.74 a barrel, while the April Gold Futures contract fell 0.53% or 7.05 to trade at $1321.45 a troy ounce.

EUR/SEK was down 0.34% to 10.5399, while USD/SEK fell 0.14% to 9.2688.

The US Dollar Index Futures was up 0.16% at 96.015.