Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.44%

Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.44%

Sep 24, 2018

Sweden stocks were lower after the close on Monday, as losses in the Consumer Goods, Industrials and Financials sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 declined 0.44%.

The best performers of the session on the OMX Stockholm 30 were H&M Hennes&Mauritz AB B (ST:HMb), which rose 2.40% or 3.5 points to trade at 148.5 at the close. Meanwhile, Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) added 1.43% or 1.11 points to end at 78.73 and Svenska Cellulosa SCA AB B (ST:SCAb) was up 0.89% or 0.9 points to 101.9 in late trade.

The worst performers of the session were Essity AB B (ST:ESSITYb), which fell 2.38% or 5.60 points to trade at 230.10 at the close. Investor AB ser. B (ST:INVEb) declined 2.19% or 9.2 points to end at 410.7 and Autoliv Inc . SDB (ST:ALIVsdb) was down 2.19% or 18.0 points to 804.2.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 371 to 261 and 48 ended unchanged.

Crude oil for November delivery was up 2.40% or 1.70 to $72.48 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 2.97% or 2.32 to hit $80.56 a barrel, while the December Gold Futures contract rose 0.40% or 4.80 to trade at $1206.10 a troy ounce.

EUR/SEK was up 0.25% to 10.3531, while USD/SEK rose 0.02% to 8.7938.

The US Dollar Index Futures was down 0.12% at 93.68.

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