Sweden shares lower at close of trade; OMX Stockholm 30 down 0.67%

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Sweden shares lower at close of trade; OMX Stockholm 30 down 0.67%
Credit: © Reuters.

Investing.com – Sweden equities were lower at the close on Monday, as losses in the Technology , Oil & Gas and Basic Materials sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 declined 0.67%.

The biggest gainers of the session on the OMX Stockholm 30 were Atlas Copco AB Class A (ST: ATCOa ), which rose 2.22% or 5.1 points to trade at 234.4 at the close. Atlas Copco AB Series B (ST: ATCOb ) added 2.16% or 4.5 points to end at 215.1 and Autoliv Inc . SDB (ST: ALIVsdb ) was up 1.71% or 12.4 points to 736.0 in late trade.

Biggest losers included Telefonaktiebolaget LM Ericsson Class B (ST: ERICb ), which lost 2.54% or 2.06 points to trade at 79.02 in late trade. SSAB AB ser. A (ST: SSABa ) declined 2.48% or 0.83 points to end at 32.67 and Hexagon AB ser. B (ST: HEXAb ) shed 2.34% or 10.5 points to 438.0.

Declining stocks outnumbered rising ones by 382 to 250 and 53 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for March delivery was down 3.67% or 1.97 to $51.72 a barrel. Meanwhile, Brent oil for delivery in April fell 3.08% or 1.90 to hit $59.69 a barrel, while the February Gold Futures contract rose 0.37% or 4.75 to trade at $1302.85 a troy ounce.

EUR/SEK was up 0.42% to 10.3602, while USD/SEK rose 0.12% to 9.0579.

The US Dollar Index Futures was down 0.13% at 95.345.

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