Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.34%

Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.34%

May 28, 2018

Investing.com – Sweden stocks were lower after the close on Monday, as losses in the Consumer Services, Telecoms and Oil&Gas sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 0.34%.

The best performers of the session on the OMX Stockholm 30 were Fingerprint Cards AB ser. B (ST:FINGb), which rose 1.67% or 0.10 points to trade at 6.21 at the close. Meanwhile, Svenska Cellulosa SCA AB B (ST:SCAb) added 1.17% or 1.2 points to end at 99.9 and Investor AB ser. B (ST:INVEb) was up 0.51% or 1.9 points to 374.6 in late trade.

The worst performers of the session were Telia Company AB (ST:TELIA), which fell 1.88% or 0.79 points to trade at 41.27 at the close. H&M Hennes&Mauritz AB B (ST:HMb) declined 1.86% or 2.6 points to end at 137.3 and Essity AB B (ST:ESSITYb) was down 1.80% or 4.20 points to 228.80.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 364 to 249 and 68 ended unchanged.

Crude oil for July delivery was down 1.94% or 1.32 to $66.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.35% or 1.03 to hit $75.44 a barrel, while the June Gold Futures contract fell 0.46% or 6.00 to trade at $1297.70 a troy ounce.

EUR/SEK was up 0.29% to 10.2464, while USD/SEK rose 0.47% to 8.8119.

The US Dollar Index Futures was up 0.15% at 94.35.

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