Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.27%

Investing.com – Sweden stocks were lower after the close on Wednesday, as losses in the Financials , Telecoms and Basic Materials sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 0.27%.

The best performers of the session on the OMX Stockholm 30 were Samhallsbyggnadsbolaget i Norden AB (ST:SBBb ), which rose 6.90% or 0.23 points to trade at 3.53 at the close. Meanwhile, SAAB AB ser. B (ST:SAABb ) added 1.90% or 4.40 points to end at 233.20 and Electrolux AB Class B (ST:ELUXb ) was up 1.80% or 1.70 points to 97.10 in late trade.

The worst performers of the session were Nordea Bank Abp (ST:NDASE ), which fell 2.01% or 2.50 points to trade at 122.00 at the close. H & M Hennes & Mauritz AB B (ST:HMb ) declined 1.98% or 3.30 points to end at 160.70 and Evolution AB (ST:EVOG ) was down 1.89% or 18.60 points to 966.20.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 424 to 352 and 65 ended unchanged.

Crude oil for January delivery was up 1.95% or 1.34 to $69.93 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.51% or 1.09 to hit $73.28 a barrel, while the February Gold Futures contract rose 1.28% or 34.81 to trade at $2,753.21 a troy ounce.

EUR/SEK was down 0.25% to 11.52, while USD/SEK fell 0.08% to 10.96.

The US Dollar Index Futures was up 0.13% at 106.21.

Source: Investing.com