Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.09%

Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.09%

Apr 11, 2019

Sweden stocks were lower after the close on Thursday, as losses in the Telecoms, Oil&Gas and Consumer Goods sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 declined 0.09%.

The best performers of the session on the OMX Stockholm 30 were Autoliv Inc . SDB (ST:ALIVsdb), which rose 2.70% or 19.8 points to trade at 752.8 at the close. Meanwhile, Nordea Bank Abp (ST:NDASE) added 1.24% or 0.94 points to end at 76.54 and Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) was up 1.06% or 0.96 points to 91.36 in late trade.

The worst performers of the session were Telia Company AB (ST:TELIA), which fell 3.42% or 1.46 points to trade at 41.23 at the close. Swedish Match AB (ST:SWMA) declined 2.09% or 9.3 points to end at 436.7 and AstraZeneca PLC (ST:AZN) was down 2.05% or 15.5 points to 740.2.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 330 to 308 and 54 ended unchanged.

Shares in Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) rose to 3-years highs; gaining 1.06% or 0.96 to 91.36.

Crude oil for May delivery was down 1.41% or 0.91 to $63.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 1.09% or 0.78 to hit $70.95 a barrel, while the June Gold Futures contract fell 1.41% or 18.55 to trade at $1295.35 a troy ounce.

EUR/SEK was up 0.18% to 10.4594, while USD/SEK rose 0.30% to 9.2889.

The US Dollar Index Futures was up 0.25% at 96.797.

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