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

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Sweden shares lower at close of trade; OMX Stockholm 30 down 0.88%
Credit: © Reuters.

Investing.com – Sweden equities were lower at the close on Thursday, as losses in the Technology , Basic Materials and Industrials sectors propelled shares lower.

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

The biggest gainers 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. 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.

Biggest losers included Hexagon AB ser. B (ST: HEXAb ), which lost 4.59% or 18.9 points to trade at 392.8 in late trade. 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 ) shed 2.78% or 5.4 points to 188.5.

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

In commodities trading, Crude oil for February delivery was up 0.39% or 0.18 to $46.72 a barrel. Meanwhile, Brent oil for delivery in March rose 0.78% or 0.43 to hit $55.34 a barrel, while the February Gold Futures contract rose 0.58% or 7.50 to trade at $1291.60 a troy ounce.

EUR/SEK was up 0.33% to 10.2595, while USD/SEK fell 0.15% to 9.0028.

The US Dollar Index Futures was down 0.54% at 95.903.

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