Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.26%

Investing.com – Sweden stocks were lower after the close on Friday, as losses in the Oil & Gas , Telecoms and Industrials sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 0.26% to hit a new 3-months low.

The best performers of the session on the OMX Stockholm 30 were H & M Hennes & Mauritz AB B (ST:HMb ), which rose 1.62% or 2.40 points to trade at 150.90 at the close. Meanwhile, ABB Ltd (ST:ABB ) added 0.90% or 5.40 points to end at 603.60 and AstraZeneca PLC (ST:AZN ) was up 0.70% or 10.00 points to 1,433.00 in late trade.

The worst performers of the session were Nordea Bank Abp (ST:NDASE ), which fell 1.75% or 2.10 points to trade at 117.60 at the close. Skandinaviska Enskilda Banken AB A (ST:SEBa ) declined 1.65% or 2.50 points to end at 148.70 and Swedbank AB ser A (ST:SWEDa ) was down 1.39% or 3.00 points to 213.20.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 397 to 382 and 79 ended unchanged.

Crude oil for January delivery was down 1.67% or 1.18 to $69.40 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.05% or 0.04 to hit $72.84 a barrel, while the February Gold Futures contract rose 1.43% or 37.31 to trade at $2,645.41 a troy ounce.

EUR/SEK was up 0.46% to 11.48, while USD/SEK fell 0.28% to 10.99.

The US Dollar Index Futures was down 0.72% at 107.38.

Source: Investing.com

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