Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.54%

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

At the close in Stockholm, the OMX Stockholm 30 fell 0.54% to hit a new 1-month low.

The best performers of the session on the OMX Stockholm 30 were Samhallsbyggnadsbolaget i Norden AB (ST:SBBb ), which rose 3.93% or 0.16 points to trade at 4.17 at the close. Meanwhile, SAAB AB ser. B (ST:SAABb ) added 3.65% or 8.80 points to end at 248.70 and Telia Company AB (ST:TELIA ) was up 1.62% or 0.50 points to 31.33 in late trade.

The worst performers of the session were Electrolux AB Class B (ST:ELUXb ), which fell 2.20% or 1.90 points to trade at 84.40 at the close. Swedbank AB ser A (ST:SWEDa ) declined 1.83% or 4.00 points to end at 214.30 and Volvo, AB ser. B (ST:VOLVb ) was down 1.66% or 4.50 points to 266.70.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 477 to 287 and 71 ended unchanged.

Crude oil for January delivery was down 0.09% or 0.06 to $69.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.15% or 0.11 to hit $73.19 a barrel, while the December Gold Futures contract rose 0.60% or 15.75 to trade at $2,630.35 a troy ounce.

EUR/SEK was up 0.16% to 11.57, while USD/SEK rose 0.34% to 10.94.

The US Dollar Index Futures was up 0.03% at 106.23.

Source: Investing.com

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