Sweden stocks lower at close of trade; OMX Stockholm 30 down 1.23%

Sweden stocks lower at close of trade; OMX Stockholm 30 down 1.23%

Aug 09, 2019

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

At the close in Stockholm, the OMX Stockholm 30 lost 1.23%.

The best performers of the session on the OMX Stockholm 30 were AstraZeneca PLC (ST:AZN), which rose 0.57% or 4.8 points to trade at 850.2 at the close. Meanwhile, H&M Hennes&Mauritz AB B (ST:HMb) added 0.34% or 0.6 points to end at 170.3 and Tele2 AB (ST:TEL2b) was up 0.26% or 0.35 points to 137.15 in late trade.

The worst performers of the session were SSAB AB ser. A (ST:SSABa), which fell 3.52% or 0.90 points to trade at 24.70 at the close. Sandvik AB (ST:SAND) declined 2.43% or 3.45 points to end at 138.50 and Svenska Cellulosa SCA AB B (ST:SCAb) was down 2.34% or 1.8 points to 75.1.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 407 to 213 and 62 ended unchanged.

Shares in SSAB AB ser. A (ST:SSABa) fell to 52-week lows; falling 3.52% or 0.90 to 24.70.

Crude oil for September delivery was up 3.94% or 2.07 to $54.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 2.28% or 1.31 to hit $58.69 a barrel, while the December Gold Futures contract rose 0.01% or 0.20 to trade at $1509.70 a troy ounce.

EUR/SEK was down 0.31% to 10.6954, while USD/SEK fell 0.56% to 9.5445.

The US Dollar Index Futures was down 0.13% at 97.312.

Join Libertex!

Practice for free on a demo account with 50,000 euro

Register
or start live trading now