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Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.18%

Published 03/23/2018, 01:05 PM
© Reuters.  Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.18%
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Investing.com – Sweden stocks were lower after the close on Friday, as losses in the Financials, Oil & Gas and Technology sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 0.18% to hit a new 1-month low.

The best performers of the session on the OMX Stockholm 30 were H & M Hennes & Mauritz AB B (ST:HMb), which rose 1.96% or 2.5 points to trade at 129.2 at the close. Meanwhile, Svenska Cellulosa SCA AB B (ST:SCAb) added 1.82% or 1.5 points to end at 86.0 and Nordea Bank AB (ST:NDA) was up 1.27% or 1.10 points to 87.66 in late trade.

The worst performers of the session were Swedbank AB ser A (ST:SWEDa), which fell 6.69% or 13.3 points to trade at 185.4 at the close. SSAB AB ser. A (ST:SSABa) declined 3.51% or 1.66 points to end at 45.61 and Fingerprint Cards AB ser. B (ST:FINGb) was down 1.83% or 0.15 points to 7.95.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 312 to 303 and 55 ended unchanged.

Shares in Swedbank AB ser A (ST:SWEDa) fell to 52-week lows; losing 6.69% or 13.3 to 185.4. Shares in Fingerprint Cards AB ser. B (ST:FINGb) fell to 3-years lows; down 1.83% or 0.15 to 7.95.

Crude oil for May delivery was up 1.60% or 1.03 to $65.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 1.41% or 0.97 to hit $69.88 a barrel, while the April Gold Futures contract rose 1.57% or 20.80 to trade at $1348.20 a troy ounce.

EUR/SEK was up 0.38% to 10.1958, while USD/SEK fell 0.10% to 8.2485.

The US Dollar Index Futures was down 0.44% at 89.08.

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