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Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.93%

Published 08/15/2018, 12:05 PM
© Reuters.  Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.93%
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Investing.com – Sweden stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Industrials and Consumer Services sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 declined 0.93%.

The best performers of the session on the OMX Stockholm 30 were Svenska Cellulosa SCA AB B (ST:SCAb), which rose 1.82% or 1.7 points to trade at 96.0 at the close. Meanwhile, Svenska Handelsbanken AB A (ST:SHBa) added 1.09% or 1.18 points to end at 109.03 and Essity AB B (ST:ESSITYb) was up 0.66% or 1.50 points to 227.70 in late trade.

The worst performers of the session were Boliden AB (ST:BOL), which fell 4.19% or 10.75 points to trade at 245.80 at the close. Sandvik AB (ST:SAND) declined 4.18% or 6.65 points to end at 152.40 and SSAB AB ser. A (ST:SSABa) was down 3.57% or 1.46 points to 39.38.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 396 to 241 and 48 ended unchanged.

Shares in Boliden AB (ST:BOL) fell to 52-week lows; losing 4.19% or 10.75 to 245.80.

Crude oil for September delivery was down 3.46% or 2.32 to $64.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 2.64% or 1.91 to hit $70.55 a barrel, while the December Gold Futures contract fell 1.47% or 17.60 to trade at $1183.10 a troy ounce.

EUR/SEK was up 0.78% to 10.4543, while USD/SEK rose 0.87% to 9.2236.

The US Dollar Index Futures was up 0.11% at 96.66.

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