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Stock Market

Sweden stocks lower at close of trade; OMX Stockholm 30 down 1.00%

Investing.com – Sweden stocks were lower after the close on Thursday, as losses in the Financials, Oil&Gas and Healthcare sectors

Investing.com – Sweden stocks were lower after the close on Thursday, as losses in the Financials, Oil&Gas and Healthcare sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 1.00%.

The best performers of the session on the OMX Stockholm 30 were Tele2 AB (ST:TEL2b), which rose 1.20% or 1.45 points to trade at 121.95 at the close. Meanwhile, Boliden AB (ST:BOL) added 1.06% or 2.60 points to end at 248.50 and Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) was up 0.99% or 0.84 points to 86.10 in late trade.

The worst performers of the session were Swedbank AB ser A (ST:SWEDa), which fell 9.34% or 17.0 points to trade at 165.1 at the close. Nordea Bank Abp (ST:NDASE) declined 4.49% or 3.80 points to end at 80.90 and Skandinaviska Enskilda Banken AB A (ST:SEBa) was down 4.04% or 3.84 points to 91.12.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 399 to 255 and 41 ended unchanged.

Shares in Tele2 AB (ST:TEL2b) rose to 5-year highs; rising 1.20% or 1.45 to 121.95. Shares in Swedbank AB ser A (ST:SWEDa) fell to 52-week lows; down 9.34% or 17.0 to 165.1.

Crude oil for April delivery was down 0.52% or 0.30 to $56.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.18% or 0.12 to hit $66.96 a barrel, while the April Gold Futures contract fell 1.38% or 18.65 to trade at $1329.25 a troy ounce.

EUR/SEK was up 0.40% to 10.6064, while USD/SEK rose 0.46% to 9.3628.

The US Dollar Index Futures was up 0.22% at 96.507.