Sweden stocks lower at close of trade; OMX Stockholm 30 down 2.23%

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

At the close in Stockholm, the OMX Stockholm 30 fell 2.23% to hit a new 3-months low.

The best performers of the session on the OMX Stockholm 30 were Essity AB B (ST:ESSITYb ), which rose 0.27% or 0.80 points to trade at 295.60 at the close. Meanwhile, SAAB AB ser. B (ST:SAABb ) fell 0.07% or 0.20 points to end at 225.00 and Telia Company AB (ST:TELIA ) was down 0.39% or 0.12 points to 30.26 in late trade.

The worst performers of the session were Kinnevik, Investment AB ser. B (ST:KINVb ), which fell 5.61% or 4.30 points to trade at 72.50 at the close. ABB Ltd (ST:ABB ) declined 5.29% or 33.40 points to end at 598.20 and Samhallsbyggnadsbolaget i Norden AB (ST:SBBb ) was down 5.05% or 0.22 points to 4.08.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 561 to 209 and 72 ended unchanged.

Crude oil for January delivery was down 1.73% or 1.22 to $69.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.84% or 0.62 to hit $72.77 a barrel, while the February Gold Futures contract fell 1.71% or 45.49 to trade at $2,607.81 a troy ounce.

EUR/SEK was down 0.75% to 11.43, while USD/SEK fell 0.90% to 11.03.

The US Dollar Index Futures was up 0.31% at 108.08.

Source: Investing.com