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Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.79%

Published 10/19/2018, 12:05 PM
© Reuters.  Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.79%
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Investing.com – Sweden stocks were lower after the close on Friday, as losses in the Industrials, Telecoms and Consumer Goods sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 0.79% to hit a new 3-months low.

The best performers of the session on the OMX Stockholm 30 were Getinge AB ser. B (ST:GETIb), which rose 4.79% or 3.9 points to trade at 85.7 at the close. Meanwhile, ASSA ABLOY AB ser. B (ST:ASSAb) added 3.09% or 5.2 points to end at 175.1 and Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) was up 2.73% or 2.26 points to 85.17 in late trade.

The worst performers of the session were Skanska AB ser. B (ST:SKAb), which fell 10.63% or 17.15 points to trade at 144.25 at the close. Atlas Copco AB Class A (ST:ATCOa) declined 7.41% or 17.1 points to end at 213.0 and Atlas Copco AB Series B (ST:ATCOb) was down 6.35% or 13.5 points to 198.6.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 443 to 198 and 42 ended unchanged.

Shares in Skanska AB ser. B (ST:SKAb) fell to 3-years lows; losing 10.63% or 17.15 to 144.25. Shares in Atlas Copco AB Class A (ST:ATCOa) fell to 52-week lows; losing 7.41% or 17.1 to 213.0. Shares in Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) rose to 52-week highs; rising 2.73% or 2.26 to 85.17. Shares in Atlas Copco AB Series B (ST:ATCOb) fell to 52-week lows; losing 6.35% or 13.5 to 198.6.

Crude oil for November delivery was up 1.19% or 0.82 to $69.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.32% or 1.05 to hit $80.34 a barrel, while the December Gold Futures contract fell 0.04% or 0.50 to trade at $1229.60 a troy ounce.

EUR/SEK was down 0.12% to 10.3454, while USD/SEK fell 0.64% to 8.9862.

The US Dollar Index Futures was down 0.29% at 95.44.

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