Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.14%

Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.14%

Jul 16, 2019

Sweden stocks were lower after the close on Tuesday, as losses in the Oil&Gas, Basic Materials and Telecoms sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 0.14%.

The best performers of the session on the OMX Stockholm 30 were Autoliv Inc . SDB (ST:ALIVsdb), which rose 3.30% or 21.0 points to trade at 656.6 at the close. Meanwhile, Alfa Laval AB (ST:ALFA) added 2.09% or 4.2 points to end at 205.1 and ASSA ABLOY AB ser. B (ST:ASSAb) was up 1.74% or 3.7 points to 216.1 in late trade.

The worst performers of the session were Swedbank AB ser A (ST:SWEDa), which fell 2.09% or 3.1 points to trade at 145.0 at the close. Getinge AB ser. B (ST:GETIb) declined 2.01% or 3.0 points to end at 146.4 and Svenska Cellulosa SCA AB B (ST:SCAb) was down 2.01% or 1.6 points to 78.8.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 386 to 254 and 62 ended unchanged.

Shares in ASSA ABLOY AB ser. B (ST:ASSAb) rose to all time highs; gaining 1.74% or 3.7 to 216.1.

Crude oil for August delivery was down 3.94% or 2.35 to $57.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 3.91% or 2.60 to hit $63.88 a barrel, while the August Gold Futures contract fell 0.37% or 5.25 to trade at $1408.25 a troy ounce.

EUR/SEK was down 0.02% to 10.5264, while USD/SEK rose 0.42% to 9.3928.

The US Dollar Index Futures was up 0.51% at 97.042.

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