Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.53%

Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.53%

May 17, 2019

Sweden stocks were lower after the close on Friday, as losses in the Industrials, Oil&Gas and Financials sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 declined 0.53%.

The best performers of the session on the OMX Stockholm 30 were Swedish Match AB (ST:SWMA), which rose 0.72% or 3.3 points to trade at 463.6 at the close. Meanwhile, Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) added 0.49% or 0.44 points to end at 90.70 and Svenska Cellulosa SCA AB B (ST:SCAb) was up 0.46% or 0.4 points to 78.4 in late trade.

The worst performers of the session were Securitas AB ser. B (ST:SECUb), which fell 2.33% or 3.85 points to trade at 161.25 at the close. Autoliv Inc . SDB (ST:ALIVsdb) declined 2.08% or 14.2 points to end at 669.8 and Kinnevik, Investment AB ser. B (ST:KINVb) was down 1.54% or 4.1 points to 261.5.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 338 to 273 and 55 ended unchanged.

Crude oil for June delivery was down 0.27% or 0.17 to $62.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.72% or 0.52 to hit $72.10 a barrel, while the June Gold Futures contract fell 0.78% or 10.00 to trade at $1276.20 a troy ounce.

EUR/SEK was down 0.03% to 10.7634, while USD/SEK rose 0.06% to 9.6428.

The US Dollar Index Futures was up 0.12% at 97.800.

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