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Sweden stocks lower at close of trade; OMX Stockholm 30 down 1.19%

Published 07/02/2024, 12:00 PM
Updated 07/02/2024, 12:08 PM
© Reuters Sweden stocks lower at close of trade; OMX Stockholm 30 down 1.19%
OMXS30
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Investing.com – Sweden stocks were lower after the close on Tuesday, as losses in the Healthcare, Telecoms and Basic Materials sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 1.19% to hit a new 1-month low.

The best performers of the session on the OMX Stockholm 30 were Samhallsbyggnadsbolaget i Norden AB (ST:SBBb), which rose 3.59% or 0.21 points to trade at 6.03 at the close. Meanwhile, Kinnevik, Investment AB ser. B (ST:KINVb) added 0.28% or 0.30 points to end at 89.10 and Investor AB ser. B (ST:INVEb) was up 0.16% or 0.50 points to 290.50 in late trade.

The worst performers of the session were SAAB AB ser. B (ST:SAABb), which fell 4.28% or 11.00 points to trade at 245.80 at the close. Swedbank AB ser A (ST:SWEDa) declined 3.14% or 7.00 points to end at 215.60 and Electrolux AB Class B (ST:ELUXb) was down 2.93% or 2.60 points to 85.00.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 409 to 353 and 90 ended unchanged.

Shares in Electrolux AB Class B (ST:ELUXb) fell to 5-year lows; losing 2.93% or 2.60 to 85.00.

Crude oil for August delivery was down 0.28% or 0.23 to $83.15 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.06% or 0.05 to hit $86.55 a barrel, while the August Gold Futures contract fell 0.33% or 7.65 to trade at $2,331.25 a troy ounce.

EUR/SEK was up 0.07% to 11.40, while USD/SEK rose 0.13% to 10.62.

The US Dollar Index Futures was down 0.06% at 105.53.

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