Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.41%

Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.41%

May 25, 2018

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

At the close in Stockholm, the OMX Stockholm 30 fell 0.41%.

The best performers of the session on the OMX Stockholm 30 were Securitas AB ser. B (ST:SECUb), which rose 2.41% or 3.35 points to trade at 142.40 at the close. Meanwhile, Volvo, AB ser. B (ST:VOLVb) added 0.96% or 1.53 points to end at 160.28 and Tele2 AB (ST:TEL2b) was up 0.87% or 0.95 points to 110.00 in late trade.

The worst performers of the session were H&M Hennes&Mauritz AB B (ST:HMb), which fell 2.92% or 4.2 points to trade at 139.9 at the close. Telia Company AB (ST:TELIA) declined 2.60% or 1.12 points to end at 42.02 and Essity AB B (ST:ESSITYb) was down 1.06% or 2.50 points to 233.00.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 333 to 275 and 59 ended unchanged.

Crude oil for July delivery was down 4.16% or 2.94 to $67.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 3.34% or 2.63 to hit $76.16 a barrel, while the June Gold Futures contract fell 0.07% or 0.90 to trade at $1303.50 a troy ounce.

EUR/SEK was down 0.60% to 10.2067, while USD/SEK fell 0.13% to 8.7491.

The US Dollar Index Futures was up 0.39% at 94.09.

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