Investing.com – 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.