2 months ago
Stock Market

Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.88%

Investing.com – Sweden stocks were lower after the close on Thursday, as losses in the Technology, Basic Materials and Industrials

Investing.com – Sweden stocks were lower after the close on Thursday, as losses in the Technology, Basic Materials and Industrials sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 0.88%.

The best performers of the session on the OMX Stockholm 30 were AstraZeneca PLC (ST:AZN), which rose 2.49% or 16.9 points to trade at 694.5 at the close. Meanwhile, Swedish Match AB (ST:SWMA) added 2.29% or 7.9 points to end at 353.3 and Telia Company AB (ST:TELIA) was up 1.45% or 0.61 points to 42.77 in late trade.

The worst performers of the session were Hexagon AB ser. B (ST:HEXAb), which fell 4.59% or 18.9 points to trade at 392.8 at the close. Svenska Cellulosa SCA AB B (ST:SCAb) declined 3.10% or 2.1 points to end at 66.8 and Atlas Copco AB Series B (ST:ATCOb) was down 2.78% or 5.4 points to 188.5.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 360 to 272 and 49 ended unchanged.

Shares in Hexagon AB ser. B (ST:HEXAb) fell to 52-week lows; losing 4.59% or 18.9 to 392.8. Shares in Svenska Cellulosa SCA AB B (ST:SCAb) fell to 52-week lows; down 3.10% or 2.1 to 66.8. Shares in Atlas Copco AB Series B (ST:ATCOb) fell to 52-week lows; losing 2.78% or 5.4 to 188.5.

Crude oil for February delivery was up 0.28% or 0.13 to $46.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.66% or 0.36 to hit $55.27 a barrel, while the February Gold Futures contract rose 0.59% or 7.60 to trade at $1291.70 a troy ounce.

EUR/SEK was up 0.33% to 10.2593, while USD/SEK fell 0.16% to 9.0013.

The US Dollar Index Futures was down 0.55% at 95.893.