Sweden stocks lower at close of trade; OMX Stockholm 30 down 1.17%

Sweden stocks lower at close of trade; OMX Stockholm 30 down 1.17%

Nov 14, 2018

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

At the close in Stockholm, the OMX Stockholm 30 declined 1.17%.

The best performers of the session on the OMX Stockholm 30 were Tele2 AB (ST:TEL2b), which rose 1.18% or 1.20 points to trade at 102.60 at the close. Meanwhile, Autoliv Inc . SDB (ST:ALIVsdb) added 1.18% or 9.0 points to end at 773.2 and H&M Hennes&Mauritz AB B (ST:HMb) was up 1.05% or 1.6 points to 156.0 in late trade.

The worst performers of the session were Alfa Laval AB (ST:ALFA), which fell 4.26% or 9.0 points to trade at 202.3 at the close. Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) declined 4.21% or 3.41 points to end at 77.59 and Hexagon AB ser. B (ST:HEXAb) was down 2.31% or 10.3 points to 435.0.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 422 to 216 and 42 ended unchanged.

Crude oil for December delivery was up 1.74% or 0.97 to $56.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.83% or 1.20 to hit $66.67 a barrel, while the December Gold Futures contract rose 0.36% or 4.30 to trade at $1203.50 a troy ounce.

EUR/SEK was up 0.57% to 10.2826, while USD/SEK rose 0.35% to 9.0881.

The US Dollar Index Futures was down 0.31% at 96.84.

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