Investing.com – Sweden stocks were lower after the close on Wednesday, as losses in the Basic Materials, Industrials and Financials sectors led shares lower.
At the close in Stockholm, the OMX Stockholm 30 declined 0.98%.
The best performers of the session on the OMX Stockholm 30 were SAAB AB ser. B (ST:SAABb), which rose 3.61% or 8.80 points to trade at 251.20 at the close. Meanwhile, Sinch AB (ST:SINCH) added 2.17% or 0.60 points to end at 28.25 and Sandvik AB (ST:SAND) was up 1.21% or 2.60 points to 217.70 in late trade.
The worst performers of the session were Volvo, AB ser. B (ST:VOLVb), which fell 3.74% or 10.50 points to trade at 270.60 at the close. AB SKF B (ST:SKFb) declined 3.23% or 6.50 points to end at 194.70 and Kinnevik, Investment AB ser. B (ST:KINVb) was down 2.55% or 2.30 points to 87.50.
Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 455 to 307 and 88 ended unchanged.
Crude oil for September delivery was up 1.01% or 0.78 to $77.74 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.99% or 0.80 to hit $81.81 a barrel, while the August Gold Futures contract rose 0.63% or 15.20 to trade at $2,422.50 a troy ounce.
EUR/SEK was unchanged 0.04% to 11.68, while USD/SEK rose 0.06% to 10.77.
The US Dollar Index Futures was down 0.21% at 103.96.